KRT · XBRL financial data

Karat Packaging financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (KRT's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	364,244	422,957	405,651	422,633	467,743
Cost of goods and services sold	256,417	290,871	252,608	258,304	295,607
Gross profit	107,827	132,086	153,043	164,329	172,136
General and administrative	52,421	66,227	66,952	71,530	77,371
Total operating expenses	84,682	102,071	110,967	126,568	130,722
Operating income (loss)	23,145	30,015	42,076	37,761	41,414
Interest income	1,512	2,226	1,803	2,299	2,210
Interest expense	2,907	2,017	2,043	2,123	2,055
Other income (expense)	259	(228)	(45)	162	—
Income tax expense (benefit)	5,089	6,676	9,804	9,871	10,358
Net income (loss)	20,778	23,648	32,470	29,975	31,478
Earnings per share, basic USD per share	1.13	1.19	1.63	1.50	1.57
Earnings per share, diluted USD per share	1.12	1.19	1.63	1.49	1.56
Weighted average shares, basic thousands of shares	18,409	19,825	19,905	20,002	20,058
Weighted average shares, diluted thousands of shares	18,566	19,926	19,978	20,124	20,180

Fiscal years (KRT's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	6,483	16,041	23,076	31,584	37,880
Short-term investments	—	0	26,343	28,343	0
Accounts receivable	32,776	29,912	27,763	26,736	36,402
Inventory	58,472	71,206	71,528	70,722	81,682
Prepaid and other current assets	5,141	6,641	6,219	3,612	5,224
Total current assets	102,872	123,800	154,929	160,997	161,188
Property and equipment, net	93,475	95,568	95,226	87,982	81,159
Right-of-use asset	0	15,713	20,739	40,628	40,299
Goodwill	3,510	3,510	3,510	3,510	3,510
Total assets	207,599	252,175	276,397	294,522	287,686
Accounts payable	18,470	18,559	—	—	—
Accrued liabilities	7,813	9,005	10,576	13,555	13,460
Current portion of long-term debt	1,178	957	1,122	1,179	12,941
Total current liabilities	30,764	39,253	44,401	46,447	70,220
Long-term debt	200	216	203	—	—
Lease liability, non-current	0	11,623	16,687	35,435	32,074
Total liabilities	75,574	100,242	113,707	132,323	130,816
Retained earnings	39,434	56,118	67,679	66,340	61,704
Total stockholders' equity	122,900	141,682	154,118	155,569	149,417
Total liabilities and equity	207,599	252,175	276,397	294,522	287,686
Common shares outstanding (cover page) thousands of shares	19,809	19,887	19,972	20,037	19,964

Fiscal years (KRT's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	20,778	23,648	32,470	29,975	31,478
Stock-based compensation	2,026	2,047	770	2,065	1,182
Depreciation and amortization	10,044	10,405	10,783	10,675	10,891
Net cash from operating activities	8,679	29,474	53,379	47,982	33,815
Purchases of property and equipment	4,175	2,657	2,835	934	756
Net cash from investing activities	(13,281)	(17,845)	(30,174)	(5,855)	25,399
Share repurchases	0	—	—	0	2,998
Dividends paid	0	6,964	20,909	31,016	36,100
Proceeds from long-term debt	15,997	—	—	—	—
Repayments of long-term debt	39,272	21,572	1,010	1,122	12,717
Net cash from financing activities	10,637	(2,071)	(16,170)	(33,619)	(52,918)
Net change in cash	6,035	9,558	7,035	8,508	6,296

SIC 3089 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3089 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Karat Packaging	38,399	136,302	33,154*	19.9M	—	Q2 FY26 10-QJun 30, 2026
Latham Group	94,810	182,175	48,793*	117.8M	—	Q3 FY26 10-QSep 26, 2026
Lightwave Logic	47,209	33	(5,821)*	154.2M	16.5 quarters	Q2 FY26 10-QJun 30, 2026
Myers Industries	53,527	171,340	17,052*	37.6M	—	Q3 FY26 10-QSep 30, 2026
Core Molding Technologies	5,437	90,237	(3,700)*	8.8M	1.0 quarters	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.