Karooooo (KARO) Financial Statements & Analysis

Karooooo (KARO) Income Statement

Karooooo reported revenue of ZAR 5.48B in fiscal 2026 (fiscal year ended Feb 28, 2026), up 20.0% from ZAR 4.57B a year earlier. Net income was ZAR 993.92M, up 7.9% year over year, a net margin of 18.1%. Gross margin was 68.0% and operating margin 25.8%. In the most recent quarter, Q2 fiscal 2027 (ended Aug 31, 2026), revenue was ZAR 1.64B, up 22.0% from the same quarter a year earlier.

Karooooo Income Statement Analysis

Values in billions ZAR

Income Statement Balance Sheet Cash Flow Ratios

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Karooooo Ltd. income statement - Annual data in billions ZAR
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Feb 2026	Feb 2025	Feb 2024	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Feb 2019
Revenue & Gross Profit
Revenue	5.48	4.57	4.21	3.51	2.75	2.29	1.94	1.69
Cost of Revenue	1.75	1.36	1.51	1.23	0.92	0.67	0.57	0.48
Gross Profit	3.72	3.20	2.69	2.27	1.82	1.62	1.37	1.21
Operating Expenses
Research & Development	0.26	0.23	0.21	0.18	0.15	0.10	0.04	0.05
Selling, General & Administrative	1.94	1.56	1.34	1.14	0.89	0.71	0.64	0.62
Operating Expenses	2.31	1.89	1.65	1.39	1.12	0.89	0.74	0.71
Operating Income	1.41	1.31	1.04	0.88	0.70	0.73	0.63	0.50
Other Income/Expense
Interest Income	0.03	0.04	0.04	0.02	0.01	0.00	0.00	0.00
Interest Expense	0.08	-0.05	-0.02	-0.01	0.01	0.01	0.02	0.03
Other Income/Expense	-0.01	-0.07	0.02	0.01	-0.02	-0.03	-0.01	-0.03
Income
Income Before Tax	1.36	1.25	1.07	0.89	0.68	0.70	0.62	0.47
Income Tax Expense	0.35	0.31	0.31	0.29	0.21	0.20	0.17	0.11
Net Income	0.99	0.92	0.74	0.60	0.45	0.32	0.29	0.24
Net Income - Continuous Operations	1.01	0.92	0.74	0.61	0.45	0.32	0.29	0.24
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	2.45	1.85	1.69	1.42	1.26	1.15	0.96	0.76
EBIT	1.44	1.31	1.04	0.88	0.69	0.73	-	-
Depreciation & Amortization	1.01	0.54	0.53	0.54	0.56	0.45	0.33	0.26
Earnings Per Share
Basic EPS	32.00	30.00	24.00	19.00	15.00	13.00	14.00	10.00
Diluted EPS	32.00	30.00	24.00	19.00	15.00	13.00	14.00	10.00
Basic Shares Outstanding	0.03	0.03	0.03	0.03	0.03	0.02	0.02	0.02
Diluted Shares Outstanding	0.03	0.03	0.03	0.03	0.03	0.02	0.02	0.02

Source: Company financial statements from annual and quarterly filings. Data as of Aug 31, 2026. Data sources and methodology

Frequently Asked Questions About Karooooo Financial Statements

What was Karooooo's revenue in fiscal 2026?

Karooooo reported revenue of ZAR 5.48B in fiscal 2026 (fiscal year ended Feb 28, 2026). That was up 20.0% from ZAR 4.57B a year earlier.

Is Karooooo profitable?

Yes. Karooooo earned net income of ZAR 993.92M in fiscal 2026, a net margin of 18.1%. In fiscal 2025 it earned ZAR 921.03M.

What is Karooooo's operating margin?

Karooooo's operating income was ZAR 1.41B on revenue of ZAR 5.48B in fiscal 2026, an operating margin of 25.8%, compared with 28.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition