Dylan Becker

Roy Campbell

Alexander Sklar

Alex Sklar

Jackson

Joshua Reilly

Patrick O'Reilly

- Karooooo reported strong results for **Q2 2026** (ended August 31, 2025), with subscription revenue growth accelerating from 15% in FY25 Q2 to **20%** in the current quarter.  **[1828102_f1088607953a4eab8df61db592f30b3e_0]** 
- **Karooooo's quarterly subscription revenue** reached **ZAR1,182 million**, and **Adjusted EPS** increased **13%** year-over-year to **ZAR8.28**.  **[1828102_f1088607953a4eab8df61db592f30b3e_0]** 
- The company's **subscriber base grew by 15%** to **2.5 million**, and **Cartrack's SaaS annualized recurring revenue (ARR)** increased **20%** to **ZAR4,806 million** as of August 31, 2025.  **[1828102_f1088607953a4eab8df61db592f30b3e_0]** 
- Karooooo maintained a **net cash and cash equivalents balance of ZAR393 million** as of August 31, 2025, after paying a **USD38.6 million cash dividend**.  **[1828102_f1088607953a4eab8df61db592f30b3e_0]**

Karooooo Reports Strong Q2 2026 Results with Accelerated Subscription Revenue Growth

- Karooooo Ltd. reported strong results for the period ended August 31, 2025, with **Cartrack Subscription Revenue growth accelerating to 20% year-over-year** in Q2 2026.  **[1828102_0001213900-25-098734_ea026104101ex99-1_karooo.htm:0]** 
- **Karooooo's Adjusted Earnings Per Share (EPS) increased by 13% year-over-year to ZAR8.28** for Q2 2026.  **[1828102_0001213900-25-098734_ea026104101ex99-1_karooo.htm:0]** 
- The company's subscriber base grew by **15% to 2.5 million** in Q2 2026.  **[1828102_0001213900-25-098734_ea026104101ex99-1_karooo.htm:0]** 
- Karooooo **reaffirmed its FY26 outlook**, stating it is on track to deliver growth acceleration.  **[1828102_0001213900-25-098734_ea026104101ex99-1_karooo.htm:0]**

Karooooo (KARO)