Karat Packaging Inc. Income Statement
KRT|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
Karat Packaging Inc. reported $423M in revenue and $30M in net income for FY2025. Revenue has grown at a 9.4% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $422.6M | $405.7M | $423.0M | $364.2M | $295.5M |
| Cost of Revenue | $258.3M | $252.6M | $290.9M | $256.4M | $206.4M |
| Gross Profit | $164.3M | $153.0M | $132.1M | $107.8M | $89.1M |
| SG&A Expense | $71.5M | $67.0M | $66.3M | $52.4M | $39.2M |
| Operating Income | $37.8M | $42.1M | $30.0M | $23.1M | $27.7M |
| Interest Expense | - | - | $2.0M | $2.9M | - |
| Income Tax | $9.9M | $9.8M | $6.7M | $5.1M | $5.3M |
| Net Income | $30.0M | $32.5M | $23.6M | $20.8M | $17.5M |
| EPS (Basic) | $1.50 | $1.63 | $1.19 | $1.13 | $1.15 |
| EPS (Diluted) | $1.49 | $1.63 | $1.19 | $1.12 | $1.13 |
| Shares Outstanding | 20.0M | 20.0M | 19.9M | 19.8M | 15.2M |
| Gross Margin | 38.9% | 37.7% | 31.2% | 29.6% | 30.2% |
| Operating Margin | 8.9% | 10.4% | 7.1% | 6.3% | 9.4% |
| Profit Margin | 7.1% | 8.0% | 5.6% | 5.7% | 5.9% |