Karooooo (KARO) Research & Development (2020 - 2029)
Karooooo's (KARO) quarterly Research & Development came in at -$3.6 million in Q1 2029, down 9.22% on a YoY basis from -$4.0 million in Q1 2028, and down 9.22% quarter-over-quarter from -$3.3 million in Q1 2028.
Analysis
Karooooo (KARO) Research & Development (2020 - 2029) Analysis & Trends
Karooooo (KARO) has reported Research & Development for 9 consecutive years, with -$3.6 million the latest figure, recorded in Q1 2029.
- For the quarter ending Q1 2029, Research & Development fell 9.22% year-over-year to -$3.6 million; the trailing twelve-month figure through Feb 2029 stood at -$16.0 million (changed 0.01% YoY), and the FY2029 full-year result was -$16.4 million, down 48.51% from the prior year.
- Research & Development fell to -$3.6 million in Q1 2029 per KARO's latest filing, from -$3.3 million in the prior quarter.
- Across five years, Research & Development topped out at -$3.1 million in Q1 2025 and bottomed at -$4.6 million in Q1 2026.
- Historically, Research & Development has averaged -$3.7 million across 4 years, with a median of -$3.5 million in 2025.
- The sharpest annual moves came in 2026 and 2029: Research & Development tumbled 45.44% in 2026, then declined 9.22% in 2029.
- Over 4 years, Research & Development stood at -$3.6 million in 2025, then decreased by 25.39% to -$4.5 million in 2026, then gained by 27.01% to -$3.3 million in 2028, then decreased by 9.22% to -$3.6 million in 2029.
- According to Business Quant data, Research & Development over the past three periods registered -$3.6 million, -$3.3 million, and -$4.5 million for Q1 2029, Q1 2028, and Q2 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.42 Bn | 22.61 Bn | 361.14 Mn | 203.60 Mn |
| 2 | Manhattan Associates | 12.46 Bn | 12.28 Bn | 168.33 Mn | 34.77 Mn |
| 3 | Descartes Systems | 6.79 Bn | 6.41 Bn | 150.18 Mn | 27.40 Mn |
| 4 | Sps Commerce | 3.00 Bn | 2.83 Bn | 138.79 Mn | 43.94 Mn |
| 5 | Via Transportation | 2.29 Bn | 1.96 Bn | 55.61 Mn | 26.11 Mn |
| 6 | Karooooo | 2.02 Bn | 1.93 Bn | 54.38 Mn | -3.62 Mn |
| 7 | Ituran Location & Control | 1.02 Bn | 928.36 Mn | 53.35 Mn | 5.54 Mn |
| 8 | Verra Mobility | 618.57 Mn | 563.77 Mn | 249.38 Mn | - |
| 9 | Powerfleet | 405.36 Mn | 378.73 Mn | 61.16 Mn | 4.36 Mn |
| 10 | ReposiTrak | 144.96 Mn | 116.26 Mn | 5.00 Mn | 1.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2029 | -3.62 Mn |
| Feb 29, 2028 | -3.31 Mn |
| May 31, 2026 | -4.54 Mn |
| Feb 28, 2026 | -4.58 Mn |
| Nov 30, 2025 | -3.62 Mn |
| Aug 31, 2025 | -3.38 Mn |
| May 31, 2025 | -3.46 Mn |
| Feb 28, 2025 | -3.15 Mn |
| Nov 30, 2024 | -3.26 Mn |
| Aug 31, 2024 | -2.97 Mn |
| May 31, 2024 | -3.08 Mn |
| Feb 29, 2024 | -2.82 Mn |
| Nov 30, 2023 | -2.85 Mn |
| Aug 31, 2023 | -3.02 Mn |
| May 31, 2023 | -2.69 Mn |
| Feb 28, 2023 | -2.61 Mn |
| Nov 30, 2022 | -2.64 Mn |
| Aug 31, 2022 | -2.66 Mn |
| May 6, 2022 | -2.17 Mn |
| Feb 28, 2022 | -2.76 Mn |