Karooooo Limited announced its Q2 2026 earnings on 15 October 2025, reporting a record subscription revenue of ZAR 1,182 million, up 20 % year‑over‑year, and an operating profit of ZAR 356 million, a 18 % increase from the prior quarter.
The company’s core Cartrack segment posted subscription revenue of ZAR 1,180 million, also up 20 %, and operating profit of ZAR 344 million, a 17 % rise. For the half‑year, Cartrack subscription revenue totaled ZAR 2,323 million, up 19 % from the same period in 2025.
Karooooo Logistics generated ZAR 139 million in revenue, a 38 % jump, while the company’s adjusted earnings per share rose to ZAR 8.28. The firm paid a cash dividend of USD 38.6 million and reported a net cash and cash‑equivalents balance of ZAR 393 million as of 31 August 2025.
These results underscore Karooooo’s continued ability to scale subscription revenue while maintaining healthy margins, reinforcing its position as a high‑growth, profitable SaaS provider in the connected‑mobility market.
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