Income Statement

KARAT PACKAGING INC.

KRT
Annual
Performance Overview Click any row in the table to add it to this chart
in millions USD
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY
Revenue
467.74 422.63 405.65 422.96 364.24
Cost of Revenue
295.61 258.30 252.61 0.88 256.42
Gross Profit
172.14 164.33 153.04 132.09 107.83
Operating Expenses
130.72 126.57 110.97 102.07 84.68
Research & Development
- - - - -
Selling, General & Administrative
77.37 71.53 66.95 66.23 52.42
Other Operating Expenses
- - - - -
Operating Income
41.41 37.76 42.08 30.02 23.15
Non-Operating Income
1.61 2.93 0.91 2.50 4.38
Interest Income
2.21 2.30 1.80 2.23 1.27
Interest Expense
- - 2.04 2.02 -
Other Non-Op Income / Expense
- 0.16 -0.05 0.01 -
Income Before Tax
43.02 40.70 42.98 32.51 27.53
Income Tax Expense
11.54 10.72 10.51 8.87 6.75
Non-Controlling Interest
1.19 0.85 0.71 2.19 1.66
Net Income
31.48 29.98 32.47 23.65 20.78
Supplemental Per share data, derived & other items — not part of the income statement
in millions USD unless noted
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY
Depreciation & Amortization
- - - - -
EBITDA
52.31 48.44 52.86 40.42 33.19
Earnings Per Share (Basic)
1.57 1.50 1.63 1.19 1.13
Diluted EPS
1.56 1.49 1.63 1.19 1.12
Weighted Average Shares
20.06 20.00 19.91 19.83 18.41
Diluted Weighted Avg Shares
20.18 20.12 19.98 19.93 18.57
Comprehensive Income
- - - - -