What is Karat Packaging's interest expense?

Karat Packaging (KRT) reported interest expense of $409K in Q1 2026.

How has Karat Packaging's interest expense changed year-over-year?

Karat Packaging's interest expense decreased by 19.6% year-over-year, from $509K to $409K.

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.

Karat Packaging KRT Interest Expense

Interest Expense at other companies

ARKO Corp.ARKO

$20.71M-11.2%

Sonoco ProductsSON

$44.49M-20.6%

Biglari Holdings Inc.BH

$5.65M+528%

Domino's PizzaDPZ

$46.23M+1.4%

J&J Snack FoodsJJSF

$302K+255%

Flowers FoodsFLO

$24.66M+25.3%

Segments

By segment

See full

Reportable Segment$409K-19.6%

Other financials

Income statement

See full

Revenue$116.9M+12.9%

Gross profit$41.5M+1.9%

Operating income$8.5M+8.2%

Net income$6.7M+5.2%

EPS (diluted)$0.34+6.3%

Balance sheet

See full

Cash & equivalents$28.7M-11.7%

Total debt$89.3M-12.4%

Total equity$147.4M-3.8%

Total assets$282.7M-9.5%

Cash flow

See full

Operating cash flow$7.2M-6.9%

CapEx$565.0K+428%

Free cash flow$6.6M-13.0%

Valuation

See full

Market cap$620.47M+14.5%

Enterprise value$681.12M+11.4%

P/E19.5×+1.6×

P/S1.3×0.0×

Profitability

See full

Gross margin35.9%-3.0pp

Operating margin8.7%0.0pp

Net margin6.6%-0.4pp

FCF margin6.7%-4.5pp

Returns & leverage

See full

Return on equity21.2%+1.5pp

Debt / equity0.6×-0.1×

Current ratio2.3×-0.6×

Where this comes from

Reported directly by Karat Packaging in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

The official record: Karat Packaging’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Karat Packaging's interest expense?: Karat Packaging (KRT) reported interest expense of $409K in Q1 2026.
How has Karat Packaging's interest expense changed year-over-year?: Karat Packaging's interest expense decreased by 19.6% year-over-year, from $509K to $409K.
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.