Karat Packaging Inc. (KRT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 116.95M | 115.62M | 124.52M | 123.99M | 103.62M | 101.65M | 112.77M | 112.6M | 95.61M | 95.58M | 105.53M | 108.74M | 95.8M | 92.67M | 110M | 114.88M | 105.41M | 91.33M | 102.71M | 94.53M |
| Revenue Growth % | 12.86% | 13.74% | 10.41% | 10.11% | 8.38% | 6.35% | 6.86% | 3.55% | -0.2% | 3.15% | -4.06% | -5.35% | -9.12% | 1.46% | 7.09% | 21.53% | 39.3% | 29.77% | 34.58% | 11.55% |
| Cost of Goods Sold | 76.59M | 76.27M | 81.6M | 74.88M | 62.86M | 61.83M | 69.27M | 69.19M | 58.01M | 61.49M | 66.58M | 66.88M | 57.66M | 63M | 75.83M | 80.92M | 71.12M | 63.02M | 72.92M | 66.43M |
| COGS % of Revenue | 65.49% | 65.97% | 65.53% | 60.39% | 60.66% | 60.82% | 61.43% | 61.45% | 60.67% | 64.33% | 63.1% | 61.5% | 60.18% | 67.99% | 68.94% | 70.44% | 67.47% | 69% | 70.99% | 70.27% |
| Gross Profit | 40.36M | 39.35M | 42.92M | 49.11M | 40.76M | 39.82M | 43.5M | 43.41M | 37.6M | 34.09M | 38.94M | 41.86M | 38.14M | 29.66M | 34.17M | 33.96M | 34.29M | 28.31M | 29.79M | 28.1M |
| Gross Margin % | 34.51% | 34.03% | 34.47% | 39.61% | 39.34% | 39.18% | 38.57% | 38.55% | 39.33% | 35.67% | 36.9% | 38.5% | 39.82% | 32.01% | 31.06% | 29.56% | 32.53% | 31% | 29.01% | 29.73% |
| Gross Profit Growth % | -0.99% | -1.19% | -1.33% | 13.13% | 8.4% | 16.8% | 11.69% | 3.69% | -1.42% | 14.93% | 13.98% | 23.25% | 11.24% | 4.79% | 14.68% | 20.88% | 58.55% | 46.71% | 29.36% | -2.8% |
| Operating Expenses | 31.89M | 30.67M | 34.34M | 32.56M | 32.94M | 32.52M | 32.23M | 32.29M | 29.53M | 29.47M | 27.56M | 28.52M | 25.41M | 24.85M | 26.26M | 26.16M | 24.8M | 21.17M | 24.43M | 21.23M |
| OpEx % of Revenue | 27.27% | 26.53% | 27.58% | 26.26% | 31.79% | 32% | 28.58% | 28.68% | 30.88% | 30.83% | 26.12% | 26.23% | 26.53% | 26.82% | 23.87% | 22.77% | 23.52% | 23.18% | 23.78% | 22.46% |
| Selling, General & Admin | 33.06M | 29.53M | 34.75M | 32.84M | 31.83M | 32.27M | 32.25M | 31.76M | 26.52M | 29.18M | 27.87M | 26.06M | 25.33M | 24.85M | 26.26M | 26.16M | 24.8M | 21.17M | 24.43M | 21.23M |
| SG&A % of Revenue | 28.27% | 25.54% | 27.91% | 26.49% | 30.71% | 31.75% | 28.6% | 28.21% | 27.74% | 30.52% | 26.41% | 23.97% | 26.44% | 26.82% | 23.87% | 22.77% | 23.52% | 23.18% | 23.78% | 22.46% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -1000K | 1000K | -403K | -283K | 1000K | 254K | -27K | 531K | 1000K | 294K | -310K | 1000K | 82K | 0 | 0 | 57K | 0 | 0 | 0 | 0 |
| Operating Income | 8.46M | 8.68M | 8.57M | 16.55M | 7.82M | 7.3M | 11.27M | 11.12M | 8.08M | 4.63M | 11.38M | 13.34M | 12.73M | 4.81M | 7.91M | 7.8M | 9.49M | 7.14M | 5.37M | 6.87M |
| Operating Margin % | 7.24% | 7.51% | 6.89% | 13.35% | 7.55% | 7.18% | 9.99% | 9.87% | 8.45% | 4.84% | 10.78% | 12.27% | 13.29% | 5.19% | 7.19% | 6.79% | 9% | 7.82% | 5.22% | 7.27% |
| Operating Income Growth % | 8.24% | 18.92% | -23.93% | 48.9% | -3.17% | 57.84% | -0.97% | -16.67% | -36.57% | -3.89% | 43.87% | 70.97% | 34.15% | -32.6% | 47.44% | 13.57% | 151.68% | 247.06% | -23.81% | -52.65% |
| EBITDA | 13.91M | 9.82M | 11.34M | 21.87M | 12.76M | 12.14M | 15.97M | 15.77M | 12.17M | 8.7M | 15.42M | 17.34M | 16.36M | 11.29M | 10.51M | 10.37M | 12.72M | 9.71M | 7.9M | 9.35M |
| EBITDA Margin % | 11.9% | 8.5% | 9.11% | 17.64% | 12.31% | 11.95% | 14.16% | 14.01% | 12.73% | 9.1% | 14.62% | 15.95% | 17.08% | 12.18% | 9.56% | 9.02% | 12.07% | 10.63% | 7.69% | 9.89% |
| EBITDA Growth % | 9.01% | -19.11% | -29.02% | 38.7% | 4.85% | 39.54% | 3.57% | -9.05% | -25.61% | -22.9% | 46.7% | 67.28% | 28.58% | 16.3% | 33.11% | 10.88% | 104.09% | 114.57% | -14.84% | -43.29% |
| D&A (Non-Cash Add-back) | 5.45M | 1.14M | 2.77M | 5.32M | 4.94M | 4.84M | 4.7M | 4.66M | 4.09M | 4.08M | 4.04M | 4M | 3.63M | 6.47M | 2.6M | 2.56M | 3.23M | 2.57M | 2.53M | 2.48M |
| EBIT | 8.46M | 10.15M | 12.51M | 15.03M | 9.45M | 8.83M | 12.39M | 12.62M | 8.97M | 5.46M | 12.58M | 14.57M | 12.41M | 9.33M | 8.55M | 9.56M | 11.09M | 7.52M | 5.37M | 6.87M |
| Net Interest Income | -123K | 67K | -1.36M | 155K | 57K | 49K | 235K | -15K | -93K | 236K | -82K | -54K | -340K | -375K | -493K | 237K | 840K | -237K | -308K | -1.13M |
| Interest Income | 286K | 553K | 1.24M | 676K | 566K | 565K | 770K | 533K | 431K | 763K | 454K | 519K | 67K | 65K | 0 | 847K | 1.31M | 0 | 0 | 0 |
| Interest Expense | 409K | 486K | 2.6M | 521K | 509K | 516K | 535K | 548K | 524K | 527K | 536K | 573K | 407K | 440K | 493K | 610K | 473K | 237K | 308K | 1.13M |
| Other Income/Expense | 918K | 987K | 1.33M | -2.04M | 1.12M | 1.02M | 589K | 953K | 375K | 311K | 664K | 661K | -728K | 82K | 143K | 1.14M | 1.13M | -73K | -24K | 4.01M |
| Pretax Income | 9.38M | 9.67M | 9.91M | 14.51M | 8.94M | 8.32M | 11.86M | 12.07M | 8.45M | 4.94M | 12.04M | 14M | 12M | 4.89M | 8.05M | 8.95M | 10.62M | 7.07M | 5.34M | 10.88M |
| Pretax Margin % | 8.02% | 8.36% | 7.96% | 11.7% | 8.62% | 8.18% | 10.52% | 10.72% | 8.84% | 5.16% | 11.41% | 12.87% | 12.53% | 5.28% | 7.32% | 7.79% | 10.07% | 7.74% | 5.2% | 11.52% |
| Income Tax | 2.24M | 2.47M | 2.3M | 3.46M | 2.12M | 2.46M | 2.6M | 2.84M | 1.98M | 759K | 2.9M | 3.32M | 2.82M | 353K | 1.9M | 1.75M | 2.68M | 1.09M | 1.27M | 1.55M |
| Effective Tax Rate % | 23.89% | 25.59% | 23.26% | 23.84% | 23.74% | 29.55% | 21.9% | 23.54% | 23.37% | 15.38% | 24.11% | 23.74% | 23.48% | 7.21% | 23.59% | 19.52% | 25.21% | 15.4% | 23.74% | 14.21% |
| Net Income | 6.74M | 6.81M | 7.33M | 10.93M | 6.41M | 5.62M | 9.09M | 9.1M | 6.17M | 3.9M | 9.06M | 10.5M | 9.01M | 4.54M | 6.1M | 6.34M | 6.67M | 5.63M | 3.79M | 9.58M |
| Net Margin % | 5.76% | 5.89% | 5.88% | 8.82% | 6.18% | 5.52% | 8.06% | 8.08% | 6.45% | 4.08% | 8.59% | 9.66% | 9.4% | 4.9% | 5.54% | 5.52% | 6.32% | 6.16% | 3.69% | 10.14% |
| Net Income Growth % | 5.18% | 21.28% | -19.45% | 20.15% | 3.94% | 44.05% | 0.32% | -13.35% | -31.53% | -14.16% | 48.7% | 65.54% | 35.07% | -19.33% | 61.01% | -33.8% | 274.55% | 510.52% | -7.02% | -4.86% |
| Net Income (Continuing) | 7.14M | 7.19M | 7.6M | 11.05M | 6.82M | 5.86M | 9.26M | 9.23M | 6.48M | 4.18M | 9.14M | 10.68M | 9.19M | 4.54M | 6.15M | 7.2M | 7.94M | 5.98M | 4.07M | 9.34M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 7.73M | 7.45M | 7.11M | 6.86M | 6.9M | 6.63M | 6.28M | 6.12M | 5.99M | 8.57M | 10.59M | 10.61M | 10.43M | 10.25M | 10.25M | 10.38M | 10.01M | 9.13M | 8.78M | 8.49M |
| EPS (Diluted) | 0.34 | 0.34 | 0.36 | 0.54 | 0.32 | 0.28 | 0.45 | 0.45 | 0.31 | 0.19 | 0.45 | 0.53 | 0.45 | 0.23 | 0.31 | 0.32 | 0.34 | 0.28 | 0.19 | 0.50 |
| EPS Growth % | 6.25% | 21.43% | -20% | 20% | 3.23% | 47.37% | 0% | -15.09% | -31.11% | -17.39% | 45.16% | 65.63% | 32.35% | -17.86% | 63.16% | -36% | 285.49% | 480.91% | -5% | 0% |
| EPS (Basic) | 0.34 | 0.34 | 0.36 | 0.55 | 0.32 | 0.28 | 0.45 | 0.46 | 0.31 | 0.20 | 0.46 | 0.53 | 0.45 | 0.23 | 0.31 | 0.32 | 0.34 | 0.28 | 0.19 | 0.51 |
| Diluted Shares Outstanding | 20.07M | 20.12M | 20.2M | 20.19M | 20.2M | 20.17M | 20.13M | 20.11M | 20.08M | 20.02M | 19.99M | 19.95M | 19.94M | 19.94M | 19.94M | 19.93M | 19.81M | 19.89M | 19.88M | 19.03M |
| Basic Shares Outstanding | 19.96M | 20.04M | 20.06M | 20.06M | 20.04M | 20.03M | 20.02M | 19.99M | 19.97M | 19.95M | 19.89M | 19.89M | 19.89M | 19.87M | 19.81M | 19.81M | 19.81M | 19.79M | 19.71M | 18.91M |
| Dividend Payout Ratio | 133.26% | 132.29% | 123.45% | 82.6% | 140.69% | 142.65% | 110.07% | 76.97% | 97.18% | 161.29% | 109.78% | 66.32% | - | 153.36% | - | - | - | - | - | - |