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Karat Packaging KRT Online — Net Sales

Other product segments

Chains and distributors
$105.94M+9.0%
Retail
$4.55M-23.4%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Net sales$136,302$123,986$253,249$227,610
Cost of goods sold59,14274,879134,563137,741
Gross profit77,16049,107118,68689,869
Operating expenses
Selling expenses17,54413,71630,48028,127
General and administrative expenses (including $675 and $785 associated with variable interest entity for the three months ended June 30, 2026 and 2025, respectively; $1,316 and $1,462 associated with variable interest entity for the six months ended June 30, 2026 and 2025, respectively)21,95419,12442,08037,672
Loss (gain), net, on disposal of property and equipment60(283)60(300)
Total operating expenses39,55832,55772,62065,499

Item 1. Financial Statements

FAQ

What is Karat Packaging's online — net sales?
Karat Packaging (KRT) reported online — net sales of $25.82M in Q2 2026.
How has Karat Packaging's online — net sales changed year-over-year?
Karat Packaging's online — net sales increased by 23.6% year-over-year, from $20.88M to $25.82M.
What is the long-term trend for Karat Packaging's online — net sales?
Over 4 years (2021 to 2025), Karat Packaging's online — net sales has grown at a 10.6% compound annual growth rate (CAGR), from $50.27M to $75.29M.
What does online — net sales mean?
This metric represents the total revenue generated from sales conducted through digital or e-commerce channels. It reflects the company's ability to capture market share directly from end-users or businesses via online platforms, excluding traditional brick-and-mortar or wholesale distribution channels. Growth in this figure indicates successful digital transformation and increasing customer adoption of the company's online ordering ecosystem.

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