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Karooooo (KARO) Stock News

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Welcome to our dedicated page for Karooooo news (Ticker: KARO), a resource for investors and traders seeking the latest updates and insights on Karooooo stock.

Karooooo Ltd. reports developments in cloud-based mobility and operational intelligence for commercial fleets, connected vehicles and other assets. The company owns Cartrack and a majority stake in Karooooo Logistics, using its platform to support fleet maintenance, fuel management, asset utilization, workforce management, logistics, safety, compliance, risk management and environmental monitoring.

Recurring news includes financial-result releases, SaaS subscription and ARR trends, active-subscriber growth, product adoption such as video and Cartrack Tag solutions, fleet-telematics integrations, market milestones and partnership activity tied to Cartrack’s operating platform.

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Karooooo (NASDAQ:KARO) reported record Q4 2026 and FY 2026 results, highlighting accelerating subscription revenue and strong cash generation.

Key metrics include Q4 Cartrack South Africa subscription revenue up 22% Y/Y, SaaS ARR of ZAR5,179 million, FY 2026 adjusted EPS of ZAR32.55, free cash flow of ZAR809 million, and a USD1.50 dividend.

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Karooooo (NASDAQ: KARO) will release its Fourth Quarter and Full Year 2026 financial results on May 13, 2026 shortly after 4:00 p.m. Eastern Time. A Zoom webinar to discuss results is scheduled for May 14, 2026 at 8:00 a.m. ET.

Webinar access: Zoom ID 854 9151 3081 and telephone toll-free numbers for the US and South Africa. A replay will be available at the company website approximately three hours after the live event.

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Cartrack (NASDAQ: KARO) has formed a long-term partnership with the Maharishi Invincibility Institute to expand skills development and employment pathways for youth from marginalised South African communities. The collaboration strengthens Cartrack Academy, targets workplace readiness, and aims to convert training into permanent roles at Cartrack.

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Cartrack (NASDAQ: KARO) announced it has surpassed two million active subscribers in South Africa as of March 11, 2026, marking a major market milestone after two decades of operations. The company employs more than 5,500 people in-country and highlighted continued expansion through product innovation and customer focus.

This milestone underscores Cartrack's leadership in South Africa's mobility solutions market and signals a sustained growth runway as demand for its technology platform rises.

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Karooooo (KARO) will present at the Raymond James 27th Annual Institutional Investor Conference on March 4, 2026 at 4:00 p.m. ET. Richard Schubert, Group COO, and Paul Bieber, VP Investor Relations and Strategic Finance, will participate.

A live webcast will be available in the Events and Presentations section of Karooooo investor relations at karooooo.com.

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Cartrack (NASDAQ: KARO) partnered with Schmitz Cargobull to integrate TrailerConnect® telematics into Cartrack’s SaaS fleet platform, enabling real-time trailer visibility for fleets without extra hardware when using OEM-fitted devices.

Features include temperature, location, route, load-condition data, streamlined opt-in onboarding, GDPR compliance, and access via Cartrack dashboards and driver app. Cartrack serves over 125,000 commercial customers in 20+ countries.

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Karooooo (NASDAQ: KARO) was named to Singapore’s Fastest-Growing Companies 2026, recognised for delivering sustained growth from a large revenue base. The company reported SGD 334.6 million revenue in 2024 and was one of 16 firms on the list above SGD 100 million.

Inclusion reflects growth underpinned by Cartrack’s platform, operations in more than 20 countries, and service to millions of connected vehicles and assets.

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Karooooo (NASDAQ:KARO) reported Q3 2026 results for the quarter ended November 30, 2025, with accelerated ARR and subscriber growth. ARR rose 22% year‑over‑year to ZAR5,106 million and 28% in USD to USD298 million. Cartrack subscription revenue increased 20% Y/Y to ZAR1,236 million. Cartrack subscribers reached 2.6 million (+16% Y/Y) with record net additions of 111,478 (+29% Y/Y). Management attributed growth to customer expansion and adoption of Video and Cartrack Tag products and said it will continue investing in distribution capacity while emphasizing disciplined capital allocation and unit economics.

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Karooooo (NASDAQ: KARO) will release its Third Quarter 2026 financial results on Tuesday, January 20, 2026 shortly after 4:00 p.m. ET. A corresponding Zoom webinar for investors, analysts and media is scheduled for Wednesday, January 21, 2026 at 8:00 a.m. ET (03:00 p.m. South Africa; 09:00 p.m. Singapore).

Join the webinar at the provided Zoom link using Webinar ID 826 1154 5679 or by telephone (US toll-free +1 646 558 8656; South Africa toll-free +27 87 551 7702). A replay will be available at www.karooooo.com about three hours after the live event concludes.

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Karooooo (NASDAQ:KARO) announced investor presentations by Chief Strategy & Marketing Officer Carmen Calisto at two December conferences.

Calisto will present at the UBS Global Technology and AI Conference on Wednesday, December 3, 2025 at 6:15 p.m. ET and at the Raymond James TMT & Consumer Conference on Tuesday, December 9, 2025 at 3:00 p.m. ET. Both presentations will be available via live webcast in the Events and Presentations section of Karooooo's investor relations website at karooooo.com.

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FAQ

What is the current stock price of Karooooo (KARO)?

The current stock price of Karooooo (KARO) is $46.04 as of May 15, 2026.

What is the market cap of Karooooo (KARO)?

The market cap of Karooooo (KARO) is approximately 1.4B.