Karooooo (KARO) Gross Margin (2020 - 2029)

Karooooo (KARO) has reported Gross Margin for 9 consecutive years, with 71.25% the latest figure, recorded in Q1 2029.

• Quarterly Gross Margin rose 542.0% year-over-year to 71.25% in Q1 2029, while the trailing twelve-month figure through Feb 2029 was 67.92% (up 33.0% YoY) and the FY2029 annual result came in at 70.13%, up 614.0% from the prior year.
• Gross Margin advanced to 71.25% in Q1 2029 per KARO's latest filing, from 65.83% in the prior quarter.
• Over the last five years, Gross Margin for KARO reached as high as 71.25% in Q1 2025 and fell as low as 65.83% in Q1 2028.
• A 4-year average of 68.58% and a median of 68.37% in 2025 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2025 — Gross Margin jumped 542 bps — and 2026, when it sank 500 bps.
• Year by year, Gross Margin stood at 69.43% in 2025, then retreated by 2 bps to 68.35% in 2026, then retreated by 4 bps to 65.83% in 2028, then climbed by 8 bps to 71.25% in 2029.
• According to Business Quant data, Gross Margin over the past three periods registered 71.25%, 65.83%, and 68.35% for Q1 2029, Q1 2028, and Q2 2026 respectively.