Karat Packaging financials
$52.69−1.03%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $136.3M | $116.9M | $115.6M | $124.5M | $124.0M | $103.6M | $101.6M | $112.8M | $112.6M | $95.6M | $95.6M | $105.5M |
| Gross profit | $77.2M | $41.5M | $39.3M | $42.9M | $49.1M | $40.8M | $39.8M | $43.5M | $43.4M | $37.6M | $34.1M | $38.9M |
| Gross margin | 56.6% | 35.5% | 34.0% | 34.5% | 39.6% | 39.3% | 39.2% | 38.6% | 38.5% | 39.3% | 35.7% | 36.9% |
| Operating income | $37.7M | $8.5M | $8.5M | $8.6M | $16.3M | $7.8M | $7.3M | $11.3M | $11.1M | $8.1M | $4.6M | $11.4M |
| Net income | $29.3M | $6.7M | $6.8M | $7.3M | $10.9M | $6.4M | $5.6M | $9.1M | $9.1M | $6.2M | $3.9M | $9.1M |
| Net margin | 21.5% | 5.8% | 5.9% | 5.9% | 8.8% | 6.2% | 5.5% | 8.1% | 8.1% | 6.4% | 4.1% | 8.6% |
| Diluted EPS | $1.46 | $0.34 | $0.34 | $0.36 | $0.54 | $0.32 | $0.28 | $0.45 | $0.45 | $0.31 | $0.19 | $0.45 |
| EBITDA | $40.4M | $11.2M | $11.4M | $10.9M | $18.9M | $10.5M | $10.2M | $13.9M | $14.3M | $12.7M | $7.6M | $13.8M |
| Operating cash flow | $33.2M | $7.2M | $15.4M | $982.0K | $9.8M | $7.7M | $8.3M | $19.5M | $13.7M | $6.6M | $10.3M | $12.0M |
| Free cash flow | $31.8M | $6.3M | $14.6M | -$1.5M | $9.6M | $6.6M | $7.5M | $18.6M | $12.2M | $5.6M | $9.2M | $9.6M |
| Diluted shares | 20.1M | 20.1M | 20.1M | 20.2M | 20.2M | 20.2M | 20.2M | 20.1M | 20.1M | 20.1M | 20.0M | 20.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $38.4M | $28.7M | $37.9M | $24.0M | $30.5M | $32.5M |
| Short-term investments | $15.7M | $5.7M | $0.00 | $19.9M | $26.4M | $23.8M |
| Total debt | $34.6M | $35.4M | $35.8M | $45.1M | $47.9M | $48.2M |
| Total assets | $316.8M | $282.7M | $287.7M | $302.8M | $321.0M | $312.2M |
| Total liabilities | $142.5M | $127.5M | $130.8M | $141.3M | $158.3M | $152.0M |
| Shareholders' equity | $174.3M | $155.2M | $156.9M | $161.6M | $162.7M | $160.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology