# Karat Packaging Inc.: overview

KRT · Nasdaq · CIK 1758021 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/krt.md) · [Financials](/companies/krt/financials.md) · [Filings](/companies/krt/filings.md) · [Insiders](/companies/krt/insiders.md)

Latest reported revenue: [$136.3m](/filings/0001758021-26-000026.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001758021-26-000026).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [113](/filings/0001758021-25-000009.md) | [102 d](/filings/0001758021-26-000010.md) | [104](/filings/0001758021-26-000021.md) | [124](/filings/0001758021-26-000026.md) | [125](/filings/0001758021-25-000009.md) | [116 d](/filings/0001758021-26-000010.md) | [117](/filings/0001758021-26-000021.md) | [136](/filings/0001758021-26-000026.md) |
| Gross margin | % | [38.6%](/filings/0001758021-25-000009.md) | [39.2% d](/filings/0001758021-26-000010.md) | [39.3%](/filings/0001758021-26-000021.md) | [39.6%](/filings/0001758021-26-000026.md) | [34.5%](/filings/0001758021-25-000009.md) | [34.0% d](/filings/0001758021-26-000010.md) | [35.5%](/filings/0001758021-26-000021.md) | [56.6%](/filings/0001758021-26-000026.md) |
| Operating margin | % | [10.0%](/filings/0001758021-25-000009.md) | [7.2% d](/filings/0001758021-26-000010.md) | [7.5%](/filings/0001758021-26-000021.md) | [13.3%](/filings/0001758021-26-000026.md) | [6.9%](/filings/0001758021-25-000009.md) | [7.3% d](/filings/0001758021-26-000010.md) | [7.2%](/filings/0001758021-26-000021.md) | [27.6%](/filings/0001758021-26-000026.md) |
| Net margin | % | [8.1%](/filings/0001758021-25-000009.md) | [5.5% d](/filings/0001758021-26-000010.md) | [6.2%](/filings/0001758021-26-000021.md) | [8.8%](/filings/0001758021-26-000026.md) | [5.9%](/filings/0001758021-25-000009.md) | [5.9% d](/filings/0001758021-26-000010.md) | [5.8%](/filings/0001758021-26-000021.md) | [21.5%](/filings/0001758021-26-000026.md) |
| Diluted EPS | $ per share | [0.45](/filings/0001758021-25-000009.md) | not reported | [0.32](/filings/0001758021-26-000021.md) | [0.54](/filings/0001758021-26-000026.md) | [0.36](/filings/0001758021-25-000009.md) | not reported | [0.34](/filings/0001758021-26-000021.md) | [1.46](/filings/0001758021-26-000026.md) |
| Free cash flow | $m | [19.2 d](/filings/0001758021-25-000009.md) | [8.0 d](/filings/0001758021-26-000010.md) | [7.6](/filings/0001758021-26-000021.md) | [9.6 d](/filings/0001758021-26-000026.md) | [0.7 d](/filings/0001758021-25-000009.md) | [15.1 d](/filings/0001758021-26-000010.md) | [6.6](/filings/0001758021-26-000021.md) | [33.1 d](/filings/0001758021-26-000026.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [364](/filings/0001628280-23-008299.md) | [423](/filings/0001628280-24-011444.md) | [406](/filings/0001628280-25-012816.md) | [423](/filings/0001758021-26-000010.md) | [468](/filings/0001758021-26-000010.md) |
| Gross margin | % | [29.6%](/filings/0001628280-23-008299.md) | [31.2%](/filings/0001628280-24-011444.md) | [37.7%](/filings/0001628280-25-012816.md) | [38.9%](/filings/0001758021-26-000010.md) | [36.8%](/filings/0001758021-26-000010.md) |
| Operating margin | % | [6.4%](/filings/0001628280-23-008299.md) | [7.1%](/filings/0001628280-24-011444.md) | [10.4%](/filings/0001628280-25-012816.md) | [8.9%](/filings/0001758021-26-000010.md) | [8.9%](/filings/0001758021-26-000010.md) |
| Net margin | % | [5.7%](/filings/0001628280-23-008299.md) | [5.6%](/filings/0001628280-24-011444.md) | [8.0%](/filings/0001628280-25-012816.md) | [7.1%](/filings/0001758021-26-000010.md) | [6.7%](/filings/0001758021-26-000010.md) |
| Diluted EPS | $ per share | [1.12](/filings/0001628280-23-008299.md) | [1.19](/filings/0001628280-24-011444.md) | [1.63](/filings/0001628280-25-012816.md) | [1.49](/filings/0001758021-26-000010.md) | [1.56](/filings/0001758021-26-000010.md) |
| Free cash flow | $m | [4.5](/filings/0001628280-23-008299.md) | [26.8](/filings/0001628280-24-011444.md) | [50.5](/filings/0001628280-25-012816.md) | [47.0](/filings/0001758021-26-000010.md) | [33.1](/filings/0001758021-26-000010.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/krt/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $19.8m | 592,941 |  | Added +23,943 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $13.1m | 390,162 |  | Added +2,260 |
| [Ranger Investment Management, L.P.](/funds/1319691.md) | 2026-06-30 | $11.1m | 332,596 |  | Added +7,492 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $9.8m | 291,927 |  | Added +77,567 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $8.8m | 263,499 |  | Added +1,600 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $8.0m | 240,131 |  | Added +21,694 |
| [Russell Investments Group, Ltd.](/funds/1692234.md) | 2026-06-30 | $7.7m | 231,713 |  | Added +31,053 |
| [BANK OF MONTREAL /CAN/](/funds/927971.md) | 2026-06-30 | $7.7m | 230,794 |  | Reduced −121 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $7.6m | 228,316 |  | Added +19,559 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $7.5m | 225,347 |  | Added +62,034 |

## Recent filings

[All 252 filings](/companies/krt/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-07 | 16:02 ET | [10-Q](/filings/0001758021-26-000026.md) | Quarterly report, period 2026-06-30 | 0001758021-26-000026 |
| 2026-08-06 | 16:24 ET | [8-K](/filings/0001758021-26-000025.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001758021-26-000025 |
| 2026-08-05 | 16:06 ET | [8-K](/filings/0001758021-26-000024.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001758021-26-000024 |
| 2026-06-17 | 16:30 ET | [8-K](/filings/0001758021-26-000023.md) | 5.07 Shareholder vote results | 0001758021-26-000023 |
| 2026-05-08 | 16:12 ET | [10-Q](/filings/0001758021-26-000021.md) | Quarterly report, period 2026-03-31 | 0001758021-26-000021 |
| 2026-05-07 | 16:18 ET | [8-K](/filings/0001758021-26-000019.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001758021-26-000019 |
| 2026-05-06 | 08:03 ET | [8-K](/filings/0001758021-26-000017.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001758021-26-000017 |
| 2026-04-24 | 16:43 ET | [DEF 14A](/filings/0001758021-26-000015.md) | Proxy statement, period 2026-06-16 | 0001758021-26-000015 |
| 2026-03-17 | 17:05 ET | [8-K](/filings/0001758021-26-000012.md) | 4.01 Change of auditor; 9.01 Financial statements and exhibits | 0001758021-26-000012 |
| 2026-03-13 | 16:10 ET | [10-K](/filings/0001758021-26-000010.md) | Annual report, period 2025-12-31 | 0001758021-26-000010 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001758021-26-000010.md), filed Mar 13, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/8b29f4ca-6e27-46dc-9490-71c873f82fab)

## About the filer

- CIK: 1758021
- Tickers: KRT
- Exchange: Nasdaq
- SIC code: 3089 Plastics Products, NEC
- State of incorporation: DE
- Filer category: Accelerated filer<br>Smaller reporting company<br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:47 ET. No prices; not investment advice.
