Karooooo (KARO) Operating Leases (2020 - 2026)
Karooooo (KARO) recorded Operating Leases of $9.45 million in the quarter ended May 31, 2026, up 13.2% from $8.35 million a year earlier but down 2.4% from the prior quarter.
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Analysis
Karooooo (KARO) Operating Leases (2020 - 2026) Analysis & Trends
As of Feb 28, 2026, Karooooo reported Operating Leases of $9.09 million, up 30.2% from the prior year.
- Annual Operating Leases has a five-year compound annual growth rate of 19.9% (years ended Feb 2021 to Feb 2026).
- Across earlier years, Operating Leases came in at $6.98 million in the year ended Feb 28, 2025 (-0.8%), $7.04 million in the year ended Feb 29, 2024 (+72.2%), $4.09 million in the year ended Feb 28, 2023 (-6.5%) and $4.37 million in the year ended Feb 28, 2022 (+19.0%).
- Quarterly Operating Leases has ranged from $3.5 million in the quarter ended Nov 30, 2022 to $10.58 million in the quarter ended Aug 31, 2025 over the past five years.
- On a year-over-year basis, Operating Leases has increased for five consecutive quarters, with growth averaging 23.2% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 97.1% in the quarter ended Nov 30, 2023, against a decline of 29.4% in the quarter ended Aug 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $9.68 million (quarter ended Feb 28, 2026), $9.53 million (quarter ended Nov 30, 2025) and $10.58 million (quarter ended Aug 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | Karooooo | 1.88 Bn | 1.57 Bn | 64.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 9.45 Mn |
| Feb 28, 2026 | 9.68 Mn |
| Nov 30, 2025 | 9.53 Mn |
| Aug 31, 2025 | 10.58 Mn |
| May 31, 2025 | 8.35 Mn |
| Feb 28, 2025 | 6.94 Mn |
| Nov 30, 2024 | 6.71 Mn |
| Aug 31, 2024 | 7.58 Mn |
| May 31, 2024 | 6.64 Mn |
| Feb 29, 2024 | 7.00 Mn |
| Nov 30, 2023 | 6.90 Mn |
| Aug 31, 2023 | 5.85 Mn |
| May 31, 2023 | 5.51 Mn |
| Feb 28, 2023 | 3.92 Mn |
| Nov 30, 2022 | 3.50 Mn |
| Aug 31, 2022 | 3.82 Mn |
| May 31, 2022 | 4.59 Mn |
| Feb 28, 2022 | 4.17 Mn |
| Nov 30, 2021 | 4.83 Mn |
| Aug 31, 2021 | 5.41 Mn |
API Access
Karooooo Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=KARO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "KARO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=KARO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();