KRT
Karat Packaging Inc.
NASDAQ · Consumer Cyclical · Packaging & Containers · US
$48.39
+2.83%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 493.4M | 467.7M | 422.6M | 405.7M | 423.0M |
| Cost of Revenue | 293.6M | 295.6M | 258.3M | 252.6M | 290.9M |
| Gross Profit | 199.8M | 172.1M | 164.3M | 153.0M | 132.1M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 136.8M | 131.2M | 123.8M | 108.4M | 102.1M |
| General & Admin Expense | 80.6M | 77.4M | 71.5M | 67.0M | 66.2M |
| Selling & Marketing Expense | 56.2M | 53.8M | 52.3M | 41.5M | 35.8M |
| Other Expenses | (369.0K) | — | 2.8M | 2.5M | — |
| Total Operating Expenses | 136.5M | 131.2M | 126.6M | 111.0M | 102.1M |
| Cost and Expenses | 430.1M | 426.8M | 384.9M | 363.6M | 392.9M |
| Operating Income (EBIT) | 63.3M | 41.1M | 37.8M | 42.1M | 30.0M |
| Non-Operating | |||||
| Interest Income | 3.2M | 2.2M | 2.3M | 1.8M | 2.2M |
| Interest Expense | 3.9M | 2.1M | 2.1M | 2.0M | 2.0M |
| Net Interest Income | (677.0K) | 155.0K | 176.0K | (240.0K) | 209.0K |
| Other Non-Op Income/Expense | 4.7M | 1.9M | 2.9M | 908.0K | 2.5M |
| Non-Operating Income (excl Interest) | (8.6M) | (3.9M) | (5.1M) | (3.0M) | (4.5M) |
| EBT (Pre-Tax Income) | 68.0M | 43.0M | 40.7M | 43.0M | 32.5M |
| Income Tax Expense | 16.4M | 10.4M | 9.9M | 9.8M | 6.7M |
| Bottom Line | |||||
| Net Income | 50.2M | 31.5M | 30.0M | 32.5M | 23.6M |
| Earnings from Cont. Ops | 51.6M | 32.7M | 30.8M | 33.2M | 25.8M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 50.2M | 31.5M | 30.0M | 32.5M | 23.6M |
| Per Share | |||||
| Basic EPS | $2.51 | $1.57 | $1.50 | $1.63 | $1.19 |
| Diluted EPS | $2.50 | $1.56 | $1.49 | $1.63 | $1.19 |
| Revenue Per Share | $24.73 | $23.32 | $21.13 | $20.38 | $21.33 |
| Shares | |||||
| Basic Shares Outstanding | 19.9M | 20.1M | 20.0M | 19.9M | 19.8M |
| Diluted Shares Outstanding | 20.1M | 20.2M | 20.1M | 20.0M | 19.9M |
| Profitability Metrics | |||||
| EBITDA | 81.3M | 66.2M | 61.1M | 60.8M | 48.8M |
| D&A | 9.4M | 21.1M | 18.3M | 15.8M | 14.2M |
| EBIT | 71.9M | 45.1M | 42.8M | 45.0M | 34.5M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026