KRT
Karat Packaging Inc
NASDAQ: KRT · CONSUMER CYCLICAL · PACKAGING & CONTAINERS
$28.44
-0.77% today
Updated 2026-04-29
Market cap
$577.15M
P/E ratio
18.53
P/S ratio
1.23x
EPS (TTM)
$1.56
Dividend yield
6.34%
52W range
$20 – $31
Volume
0.1M
Karat Packaging Inc (KRT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $140.06M | $175.43M | $224.91M | $295.52M | $364.24M | $422.96M | $405.65M | $422.63M | $467.74M |
| Revenue growth (YoY) | — | +25.3% | +28.2% | +31.4% | +23.3% | +16.1% | -4.1% | +4.2% | +10.7% |
| Cost of revenue | $98.75M | $131.98M | $163.89M | $206.39M | $256.42M | $290.87M | $252.61M | $258.30M | $295.61M |
| Gross profit | $41.30M | $43.45M | $61.02M | $89.13M | $107.83M | $132.09M | $153.04M | $164.33M | $172.14M |
| Gross margin | 29.5% | 24.8% | 27.1% | 30.2% | 29.6% | 31.2% | 37.7% | 38.9% | 36.8% |
| R&D | — | — | — | — | — | — | — | — | — |
| SG&A | $28.79M | $32.00M | $38.71M | $39.24M | $52.42M | $66.23M | $66.95M | $71.53M | $77.37M |
| Operating income | $6.01M | $2.13M | $5.84M | $27.70M | $23.14M | $30.02M | $42.08M | $37.76M | $41.13M |
| Operating margin | 4.3% | 1.2% | 2.6% | 9.4% | 6.4% | 7.1% | 10.4% | 8.9% | 8.8% |
| EBITDA | $9.13M | $6.09M | $13.65M | $34.42M | $40.48M | $48.76M | $60.78M | $61.12M | $62.25M |
| EBITDA margin | 6.5% | 3.5% | 6.1% | 11.6% | 11.1% | 11.5% | 15.0% | 14.5% | 13.3% |
| EBIT | $6.01M | $2.13M | $7.70M | $25.85M | $30.43M | $34.53M | $45.03M | $42.82M | $41.13M |
| Interest expense | $1.28M | $1.46M | $4.75M | $5.49M | $2.91M | $2.02M | $2.04M | $2.12M | $2.06M |
| Income tax | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $4.55M | $21000.00 | $1.72M | $17.52M | $20.78M | $23.65M | $32.47M | $29.98M | $31.48M |
| Net income growth (YoY) | — | -99.5% | +8109.5% | +916.1% | +18.6% | +13.8% | +37.3% | -7.7% | +5.0% |
| Profit margin | 3.2% | 0.0% | 0.8% | 5.9% | 5.7% | 5.6% | 8.0% | 7.1% | 6.7% |