Karooooo (KARO) Operating Leases (2021 - 2026)

Karooooo (KARO) posted quarterly Operating Leases of $9.7 million for Q1 2026, up 24.62% year-on-year from $7.8 million in Q1 2025, and up 24.62% on a QoQ basis from $7.8 million in Q1 2025.

Karooooo (KARO) Operating Leases (2021 - 2026) Analysis & Trends

Karooooo (KARO) has reported Operating Leases for 6 consecutive years, with $9.7 million the latest figure, recorded in Q1 2026.

  • Quarterly Operating Leases rose 24.62% year-over-year to $9.7 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $9.7 million (up 24.62% YoY) and the FY2026 annual result came in at $9.7 million, up 24.62% from the prior year.
  • Operating Leases advanced to $9.7 million in Q1 2026 per KARO's latest filing, from $7.8 million in the prior quarter.
  • Over the last five years, Operating Leases for KARO reached as high as $9.7 million in Q1 2026 and fell as low as $6.8 million in Q1 2022.
  • A 5-year average of $7.9 million and a median of $7.7 million in 2024 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2022 — Operating Leases surged 85.92% — and 2025, when it declined 3.07%.
  • Year by year, Operating Leases stood at $6.8 million in 2022, then advanced by 7.72% to $7.4 million in 2023, then increased by 2.85% to $7.6 million in 2024, then grew by 2.49% to $7.8 million in 2025, then increased by 24.62% to $9.7 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $9.7 million, $7.8 million, and $7.6 million for Q1 2026, Q1 2025, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Karooooo 1.89 Bn 1.80 Bn 51.65 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 9.67 Mn
Feb 28, 2025 7.76 Mn
May 31, 2024 7.57 Mn
Feb 29, 2024 8.01 Mn
Feb 28, 2023 7.36 Mn
Feb 28, 2022 6.83 Mn
Feb 28, 2021 3.68 Mn