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Karat Packaging KRT Business Segments — Net Sales

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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 business segments — net sales?
Karat Packaging (KRT) reported business segments — net sales of $136.3M in Q2 2026.
How has Karat Packaging's business segments — net sales changed year-over-year?
Karat Packaging's business segments — net sales increased by 9.9% year-over-year, from $123.99M to $136.3M.
What is the long-term trend for Karat Packaging's business segments — net sales?
Over 2 years (2023 to 2025), Karat Packaging's business segments — net sales has grown at a 7.4% compound annual growth rate (CAGR), from $405.65M to $467.74M.
What does business segments — net sales mean?
This represents the total revenue generated from the sale of disposable food service products, including packaging, containers, and tableware, within the primary reportable business segment. It reflects the core market demand and pricing power for the company's product portfolio. Growth in this metric indicates successful market penetration and expansion of the customer base.

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