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Karat Packaging KRT Interest Expense

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Segments

By segment

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Reportable Segment$425K-18.4%

Other financials

Income statement

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Revenue$136.3M+9.9%
Gross profit$77.2M+57.1%
Operating income$37.6M+127%
Net income$29.3M+168%
EPS (diluted)$1.46+170%

Balance sheet

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Cash & equivalents$38.4M+25.7%
Total debt$84.8M-14.7%
Total equity$166.5M+6.8%
Total assets$316.8M-1.3%

Cash flow

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Operating cash flow$33.2M+240%
CapEx$56.0K-66.5%
Free cash flow$33.1M+245%

Valuation

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Market cap$940.09M+83.3%
Enterprise value$986.54M+69.6%
P/E18.7×+2.7×
P/S1.9×+0.7×

Profitability

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Gross margin40.7%+1.5pp
Operating margin12.8%+3.1pp
Net margin10.2%+2.9pp
FCF margin11.3%+1.2pp

Returns & leverage

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Return on equity31.2%+10.7pp
Debt / equity0.5×-0.1×
Current ratio2.3×-0.4×

Where this comes from

Reported directly by Karat Packaging in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

The source filing: Karat Packaging’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001758021-26-000026
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other income (expenses), net (including $0 associated with variable interest entity for both the three months ended June 30, 2026 and 2025; $76 and $0 associated with variable interest entity for the six months ended June 30, 2026 and 2025, respectively)53(82)144(38)
(Loss) gain on foreign currency transactions(81)(2,867)171(2,628)
Interest income (including $2 and $85 associated with variable interest entity for the three months ended June 30, 2026 and 2025, respectively; $5 and $311 associated with variable interest entity for the six months ended June 30, 2026 and 2025, respectively)1,1616761,4471,242
Interest expense (including ($381) and ($509) associated with variable interest entity for the three months ended June 30, 2026 and 2025, respectively; ($761) and ($1,009) associated with variable interest entity for the six months ended June 30, 2026 and 2025, respectively)(425)(521)(834)(1,030)
Total other income (expenses), net1,424(2,039)2,342(923)
Income before provision for income taxes39,02614,51148,40823,447
Provision for income taxes9,3773,45911,6185,580
Net income29,64911,05236,79017,867

Item 1. Financial Statements

FAQ

What is Karat Packaging's interest expense?
Karat Packaging (KRT) reported interest expense of $425K in Q2 2026.
How has Karat Packaging's interest expense changed year-over-year?
Karat Packaging's interest expense decreased by 18.4% year-over-year, from $521K to $425K.
What is the long-term trend for Karat Packaging's interest expense?
Over 4 years (2021 to 2025), Karat Packaging's interest expense has grown at a -8.3% compound annual growth rate (CAGR), from $2.91M to $2.06M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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