Karat Packaging Inc. (KRT) Revenue History
Annual and quarterly revenue from 2017 to present
KRT Revenue Over Time (2017–2025)
KRT Revenue Growth History
7 of 8 years with positive growth- FY2017 revenue growth
- N/A
- FY2018 revenue growth
- +25.3%
- FY2019 revenue growth
- +28.2%
- FY2020 revenue growth
- +31.4%
- FY2021 revenue growth
- +23.3%
- FY2022 revenue growth
- +16.1%
- FY2023 revenue growth
- -4.1%
- FY2024 revenue growth
- +4.2%
- FY2025 revenue growth
- +10.7%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $116.9M | +12.9% |
| Q4 2025 | $115.6M | +13.7% |
| Q3 2025 | $124.5M | +10.4% |
| Q2 2025 | $124.0M | +10.1% |
| Q1 2025 | $103.6M | +8.4% |
| Q4 2024 | $101.6M | +6.3% |
| Q3 2024 | $112.8M | +6.9% |
| Q2 2024 | $112.6M | +3.5% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
KRT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
KRT Revenue Analysis (2017–2025)
Current Revenue & Growth
As of June 29, 2026, Karat Packaging Inc. (KRT) generated trailing twelve-month (TTM) revenue of $481.1 million, reflecting strong growth of +12.9% year-over-year. The most recent quarter (Q1 2026) recorded $116.9 million in revenue, up 1.2% sequentially.
Historical Growth Trajectory
KRT's 5-year compound annual growth rate (CAGR) stands at +9.6%, indicating steady revenue expansion. The 3-year CAGR of +3.4% is below the 5-year average, signalling a growth deceleration in recent years. Karat Packaging Inc.'s highest annual revenue of $467.7 million was recorded in 2025, an all-time high.
Revenue by Segment
KRT's revenue is primarily driven by National Distribution (78%), Online (16%), and Retail (5%). With over half of revenue concentrated in National Distribution, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Cyclical sector peers — including UFPT (+11.2% YoY), SLGN (+9.6% YoY), and PACK (+8.1% YoY) — KRT has outperformed the peer group in revenue growth. Compare KRT vs UFPT →
KRT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| KRTCurrent | $481M | +12.9% | +9.6% | 8.8% | |
 UFPT | $603M | +11.2% | +27.4% | 15.3% | |
 SLGN | $6.5B | +9.6% | +5.7% | 10.2% | |
 PACK | $395M | +8.1% | +5.8% | -6.2% | |
 GEF | $4.3B | -26.3% | -1.0% | 6.9% | |
 SEE | $5.4B | -0.6% | +1.8% | 13.5% |
KRT Historical Revenue Data (2017–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $467.7M | +10.7% | $172.1M | 36.8% | $41.1M | 8.8% |
| 2024 | $422.6M | +4.2% | $164.3M | 38.9% | $37.8M | 8.9% |
| 2023 | $405.7M | -4.1% | $153.0M | 37.7% | $42.1M | 10.4% |
| 2022 | $423.0M | +16.1% | $132.1M | 31.2% | $30.0M | 7.1% |
| 2021 | $364.2M | +23.3% | $107.8M | 29.6% | $23.1M | 6.4% |
| 2020 | $295.5M | +31.4% | $89.1M | 30.2% | $27.7M | 9.4% |
| 2019 | $224.9M | +28.2% | $61.0M | 27.1% | $5.8M | 2.6% |
| 2018 | $175.4M | +25.3% | $43.5M | 24.8% | $2.1M | 1.2% |
| 2017 | $140.1M | - | $41.3M | 29.5% | $6.0M | 4.3% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
9+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
KRT — Frequently Asked Questions
Quick answers to the most common questions about buying KRT stock.
Is KRT's revenue growth accelerating or slowing?
KRT revenue growth is holding steady at +12.9% year-over-year. TTM revenue is $481M. The current growth rate closely tracks the 5-year CAGR of +9.6%, signalling consistent execution.
What is KRT's revenue history from 2017 to 2026?
Karat Packaging Inc. (KRT) revenue history spans 2017 to 2026. TTM revenue as of 2026 is $481M, growing at +12.9% YoY. The 5-year CAGR is +9.6%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is KRT's long-term revenue growth rate (CAGR)?
Karat Packaging Inc.'s 5-year revenue CAGR of +9.6% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +12.9% is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for KRT.
Why does KRT's quarterly revenue fluctuate?
KRT quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Karat Packaging Inc.'s revenue data from 2017 to 2026 shows full historical quarterly detail on this page.
How is KRT's revenue distributed by segment?
KRT reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does KRT's revenue compare to industry peers?
Karat Packaging Inc. (KRT) with TTM revenue of $481M and +12.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.