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Karat Packaging KRT Retail — Net Sales

Other product segments

Chains and distributors
$105.94M+9.0%
Online
$25.82M+23.6%

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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 retail — net sales?
Karat Packaging (KRT) reported retail — net sales of $4.55M in Q2 2026.
How has Karat Packaging's retail — net sales changed year-over-year?
Karat Packaging's retail — net sales decreased by 23.4% year-over-year, from $5.94M to $4.55M.
What is the long-term trend for Karat Packaging's retail — net sales?
Over 4 years (2021 to 2025), Karat Packaging's retail — net sales has grown at a -6.0% compound annual growth rate (CAGR), from $28.05M to $21.9M.
What does retail — net sales mean?
This metric represents the total revenue generated from the sale of disposable food service products directly to retail customers or through retail channels. It reflects the market demand and sales performance specifically within the company's retail-focused business unit. Monitoring this figure helps assess the growth trajectory and competitive positioning of the retail segment relative to the broader food service distribution business.

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