KARO, SGXZ19450089

Karooooo stock: Karooooo reports record profit. Earnings miss hit Karooooo stock

Published on 10/23/2026 at 07:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Karooooo reported ZAR 1.64 billion revenue in Q2 2027, up 22 percent. Karooooo stock posted ZAR 9.28 adjusted earnings per share.

Results and reporting calendar

Karooooo reported ZAR 1.64 billion in revenue for the second quarter ended August 31, 2026.
Half-year operating profit reached ZAR 832 million in the period ended August 31, 2026.
Karooooo is expected to report its third-quarter results on January 18, 2027.

KARO, SGXZ19450089, Illustration mit AI erstellt.

Karooooo (ISIN SGXZ19450089) reported record second-quarter operating profit of ZAR 422 million for the period ended August 31, 2026, while adjusted earnings per share missed the market estimate. In its October 19, 2026 results release, Karooooo reported revenue of ZAR 1.64 billion, up 22 percent from ZAR 1.34 billion a year earlier. The earnings miss was the sharper market issue.

Profit growth meets an earnings miss

Karooooo's adjusted earnings per share increased 12 percent year over year to ZAR 9.28 in the second quarter, compared with ZAR 8.28 in the prior-year quarter. MarketWatch reported that FactSet analysts had expected adjusted earnings per share of ZAR 9.55, while revenue expectations stood at ZAR 1.60 billion.

The operating picture was stronger than the earnings comparison. Cartrack subscribers increased 18 percent to 2,899,210, and annualized recurring revenue rose 19 percent to ZAR 5.71 billion in the second quarter. Karooooo Logistics revenue increased 36 percent to ZAR 189 million.

What does the half-year show?

For the six months ended August 31, 2026, revenue increased 22 percent to ZAR 3.20 billion from ZAR 2.62 billion, while operating profit rose 18 percent to ZAR 832 million from ZAR 708 million. The official results also showed adjusted earnings per share of ZAR 18.81, up 12 percent from ZAR 16.83.

Three results milestones

On July 16, 2026, Karooooo's first-quarter earnings per share were reported at USD 0.59 against a USD 0.51 consensus estimate by MarketBeat. On October 5, 2026, Karooooo scheduled its second-quarter results for October 19, 2026 in an official release. On October 19, 2026, the company reported ZAR 1.64 billion in quarterly revenue and ZAR 422 million in operating profit.

When is the next report?

Earnings Whispers lists January 18, 2027 as the expected date for Karooooo's third-quarter results. Karooooo trades under the ticker KARO on Nasdaq and operates a software platform for connected vehicles, logistics and physical operations.

Nasdaq context after the results

Karooooo was last at USD 63.65 on Nasdaq on October 22, 2026 at 4:00 p.m. ET. Its 52-week range was USD 41.25 to USD 68.80 on that quote date, while market capitalization stood at USD 2.0 billion.