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Karat Packaging KRT Long-Term Debt
Long-Term Debt at other companies
Other financials
Where this comes from
Reported directly by Karat Packaging in its filing.
Tagged under the XBRL concept us-gaap:DebtInstrumentCarryingAmount.
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 item | June 30, 2026 | December 31, 2025 |
|---|---|---|
| The 2026 Term Loan, with an initial balance of $16,115,000 and an option to request for additional advances up to a maximum of $6,885,000 through September 2022, which the Company exercised in February 2022. Interest accrues at a fixed rate of 3.5% per annum. Principal and interest payments of $116,000 are due monthly throughout the term of the loan, with the remaining principal balance due at maturity. On December 18, 2025 and April 24, 2026, the Company made early payments of $8,000,000 and $400,000, respectively, to reduce the remaining principal balance due at maturity, with total monthly payments remaining the same for the remainder of the loan term. | $11,372 | $12,258 |
| The 2027 Term Loan, with an initial balance of $20,700,000 and an option to request for additional advances up to a maximum of $8,000,000 through June 30, 2023, which the Company exercised in March 2023. Interest accrues at a fixed rate of 4.375% per annum. Prior to August 1, 2023, principal and interest payments of $104,000 were due monthly. Beginning August 1, 2023, monthly principal and interest payments increased to $144,000 for the remainder of the loan term, with the remaining principal balance due at maturity. On September 5, 2025, the Company made an early payment of $3,500,000 to reduce the remaining principal balance due at maturity, with total monthly payments remaining the same for the remainder of the loan term. | 23,276 | 23,623 |
| Long-term debt | 34,648 | 35,881 |
| Less: unamortized loan fees | (46) | (78) |
| Less: current portion | (12,084) | (12,941) |
| Long-term debt, net of current portion | $22,518 | $22,862 |
Item 1. Financial Statements
FAQ
- What is Karat Packaging's long-term debt?
- Karat Packaging (KRT) reported long-term debt of $34.65M in Q2 2026.
- How has Karat Packaging's long-term debt changed year-over-year?
- Karat Packaging's long-term debt decreased by 27.8% year-over-year, from $48.02M to $34.65M.
- What is the long-term trend for Karat Packaging's long-term debt?
- Over 5 years (2020 to 2025), Karat Packaging's long-term debt has grown at a 224.3% compound annual growth rate (CAGR), from $100K to $35.88M.
- What does long-term debt mean?
- Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.
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