Karat Packaging Inc. (KRT)
Nasdaq · Plastics Products, Nec · Manufacturing · CIK 1758021 · fiscal year ends in Dec
Closing price $54.35 on 29 Oct 2026; 52-week range $21.06 to $54.66.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $493.4M
- Revenue growth
- 11.6%
- Net income, last twelve months
- $50.2M
- Earnings per share
- $2.50
- Gross margin
- 40.7%
- Operating margin
- 12.8%
- Net margin
- 10.2%
- Free cash flow
- $55.6M
- Return on equity
- 30.2%
- Market value
- $1.1B
- Price to earnings
- 21.7x
- Dividend yield
- 3.3%
- Cash
- $38.4M
- Debt
- $34.6M
- Debt to equity
- 0.21
- Shares outstanding
- 19.9M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $467.7M | $41.4M | $31.5M | $1.56 | $33.1M | 10-K filed 13 Mar 2026 |
| FY2024 | 31 Dec 2024 | $422.6M | $37.8M | $30.0M | $1.49 | $47.0M | 10-K filed 14 Mar 2025 |
| FY2023 | 31 Dec 2023 | $405.7M | $42.1M | $32.5M | $1.63 | $50.5M | 10-K filed 15 Mar 2024 |
| FY2022 | 31 Dec 2022 | $423.0M | $30.0M | $23.6M | $1.19 | $26.8M | 10-K filed 16 Mar 2023 |
| FY2021 | 31 Dec 2021 | $364.2M | $23.1M | $20.8M | $1.12 | $4.5M | 10-K filed 31 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $136.3M | $29.3M | $1.46 |
| Q1 FY2026 | 31 Mar 2026 | $116.9M | $6.7M | $0.34 |
| Q4 FY2025 | 31 Dec 2025 | $115.6M | $6.8M | $0.34 |
| Q3 FY2025 | 30 Sep 2025 | $124.5M | $7.3M | $0.36 |
| Q2 FY2025 | 30 Jun 2025 | $124.0M | $10.9M | $0.54 |
| Q1 FY2025 | 31 Mar 2025 | $103.6M | $6.4M | $0.32 |
| Q4 FY2024 | 31 Dec 2024 | $101.6M | $5.6M | $0.28 |
| Q3 FY2024 | 30 Sep 2024 | $112.8M | $9.1M | $0.45 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Chains and distributors * | $370.6M | 78.4% |
| Online | $75.3M | 15.9% |
| Retail * | $21.9M | 4.6% |
| Logistics Services | $4.7M | 1.0% |
Company events
The newest 8-K filings of 66 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 6 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 5 Aug 2026 | 8-K | Other events | 8.01, 9.01 |
| 17 Jun 2026 | 8-K | Shareholder vote | 5.07 |
| 7 May 2026 | 8-K | Results | 2.02, 9.01 |
| 6 May 2026 | 8-K | Other events | 8.01, 9.01 |
| 17 Mar 2026 | 8-K | Auditor change | 4.01, 9.01 |
| 12 Mar 2026 | 8-K | Results | 2.02, 9.01 |
| 6 Feb 2026 | 8-K | Other events | 8.01, 9.01 |
| 6 Nov 2025 | 8-K | Results | 2.02, 9.01 |
| 5 Nov 2025 | 8-K | Other events | 8.01, 9.01 |
| 7 Aug 2025 | 8-K | Results | 2.02, 9.01 |
| 6 Aug 2025 | 8-K | Other events | 8.01, 9.01 |
Every filing
The newest filings with the SEC of 133 held.
| Filed | Form | Period |
|---|---|---|
| 7 Aug 2026 | 10-Q | 30 Jun 2026 |
| 6 Aug 2026 | 8-K | 6 Aug 2026 |
| 5 Aug 2026 | 8-K | 4 Aug 2026 |
| 17 Jun 2026 | 8-K | 16 Jun 2026 |
| 8 May 2026 | 10-Q | 31 Mar 2026 |
| 7 May 2026 | 8-K | 7 May 2026 |
| 6 May 2026 | 8-K | 5 May 2026 |
| 24 Apr 2026 | ARS | 31 Dec 2025 |
| 24 Apr 2026 | DEF 14A | 16 Jun 2026 |
| 17 Mar 2026 | 8-K | 13 Mar 2026 |
| 13 Mar 2026 | 10-K | 31 Dec 2025 |
| 12 Mar 2026 | 8-K | 12 Mar 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 8 Sep 2026 | Cheng Marvin, VP-Manufacturing, Secy | Sale outside a trading plan | 2,000 | $48.50 | $97.0K | 5,249,272 | 8 Sep 2026 |
| 4 Sep 2026 | Cheng Marvin, VP-Manufacturing, Secy | Sale outside a trading plan | 4,000 | $48.38 | $193.5K | 5,251,272 | 8 Sep 2026 |
| 1 Sep 2026 | Cheng Marvin, VP-Manufacturing, Secy | Sale outside a trading plan | 2,000 | $47.75 | $95.5K | 5,255,272 | 2 Sep 2026 |
| 20 Aug 2026 | Cheng Marvin, VP-Manufacturing, Secy | Sale outside a trading plan | 4,500 | $47.33 | $213.0K | 3,000 | 21 Aug 2026 |
| 12 Nov 2025 | Guo Jian, Chief Financial Officer | Purchase | 1,361 | $22.11 | $30.1K | 31,062 | 14 Nov 2025 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 2 Sep 2026 | Cheng Marvin, Officer | 20,000 | $958.6K | 1 Sep 2026 |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 689.2K | +16.27% | 3.75 |
| 30 Sep 2026 | 592.8K | +35.88% | 2.85 |
| 15 Sep 2026 | 436.3K | +39.27% | 3.33 |
| 31 Aug 2026 | 313.3K | +36.04% | 2.48 |
| 14 Aug 2026 | 230.3K | -11.75% | 1.23 |
| 31 Jul 2026 | 260.9K | -8.4% | 2.04 |
| 15 Jul 2026 | 284.8K | -5.12% | 2.43 |
| 30 Jun 2026 | 300.2K | -1.92% | 1.7 |
Funds that hold it
From each fund's latest Form 13F.
159 funds held it at 30 Jun 2026: 90 added and 31 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 592,941 | $19.8M | +23,943 |
| Acadian Asset Management LLC | 414,238 | $13.9M | +146,930 |
| Vanguard Capital Management LLC | 390,162 | $13.1M | +2,260 |
| Ranger Investment Management, L.P. | 332,596 | $11.1M | +7,492 |
| Geode Capital Management, LLC | 291,927 | $9.8M | +77,567 |
| American Century Companies Inc. | 263,499 | $8.8M | +1,600 |
| Dimensional Fund Advisors LP | 240,131 | $8.0M | +21,694 |
| Russell Investments Group, Ltd. | 231,713 | $7.7M | +31,053 |
| Bank of Montreal | 230,794 | $7.7M | -121 |
| Two Sigma Investments, LP | 228,316 | $7.6M | +19,559 |
Peers
Companies in the same industry.
- Entegris Inc. (ENTG): revenue $3.5B, market value $24.4B
- Aptargroup, Inc. (ATR): revenue $3.9B, market value $8.3B
- Armstrong World Industries Inc. (AWI): revenue $1.7B, market value $7.0B
- Newell Brands Inc. (NWL): revenue $7.2B, market value $2.2B
- Myers Industries Inc. (MYE): revenue $719.1M, market value $1.1B
- Latham Group, Inc. (SWIM): revenue $576.6M, market value $853.9M