Karat Packaging Inc (KRT) financials
Karat Packaging revenue and earnings by year
Karat Packaging's revenue was $468 million in the fiscal year to December 31, 2025, up 10.7% from the year before. Net income was $31.5 million, 6.7% of revenue. Since the fiscal year to December 31, 2019, revenue has grown 13.0% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 7 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 468 | 423 | 406 | 423 | 364 | 296 | 225 |
| Revenue growth | 10.7% | 4.2% | -4.1% | 16.1% | 23.3% | 31.4% | — |
| Gross profit | 172 | 164 | 153 | 132 | 108 | 89 | 61 |
| Gross margin | 36.8% | 38.9% | 37.7% | 31.2% | 29.6% | 30.2% | 27.1% |
| Operating income | 41 | 38 | 42 | 30 | 23 | 28 | 6 |
| Operating margin | 8.9% | 8.9% | 10.4% | 7.1% | 6.4% | 9.4% | 2.6% |
| Net income | 31 | 30 | 32 | 24 | 21 | 18 | 2 |
| Net margin | 6.7% | 7.1% | 8.0% | 5.6% | 5.7% | 5.9% | 0.8% |
| Diluted EPS | $1.56 | $1.49 | $1.63 | $1.19 | $1.12 | $1.13 | — |
| Free cash flow | 31 | 44 | 45 | 15 | -4 | -22 | -25 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open KRT in Markets.
How Karat Packaging makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Chains & Distributors | $106M | 77.3% |
| Online | $25.8M | 18.8% |
| Retail | $4.55M | 3.3% |
| Logistics Services | $679K | 0.5% |
See also: KRT valuation and P/E history · KRT returns
No forecast, no recommendation. This page describes Karat Packaging Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.