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Karat Packaging KRT Business Segments — Rent expense

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IESCRent expense
$6.79M+15.6%

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 krt:RentExpense.

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

Filed
Aug 7, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001758021-26-000026

FAQ

What is Karat Packaging's business segments — rent expense?
Karat Packaging (KRT) reported business segments — rent expense of $3.02M in Q2 2026.
How has Karat Packaging's business segments — rent expense changed year-over-year?
Karat Packaging's business segments — rent expense decreased by 9.6% year-over-year, from $3.34M to $3.02M.
What is the long-term trend for Karat Packaging's business segments — rent expense?
Over 2 years (2023 to 2025), Karat Packaging's business segments — rent expense has grown at a 44.3% compound annual growth rate (CAGR), from $6.1M to $12.7M.
What does business segments — rent expense mean?
This captures the costs associated with leasing facilities, warehouses, or equipment necessary for the segment's operations. It reflects the company's real estate footprint and the impact of lease agreements on operating margins. Trends in this metric help assess the scalability of the physical infrastructure relative to revenue growth.

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