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Karat Packaging Inc. KRT

Nasdaq · stock · Plastics Products, NEC · website · IPO 2019-10-16 · LEI

Karat Packaging Inc. financials (annual)

Revenue
$295.5M $364.2M $423.0M $405.7M $422.6M $467.7M 202020212022202320242025
Net income
$17.5M $20.8M $23.6M $32.5M $30.0M $31.5M 202020212022202320242025
Free cash flow
-$15.0M $4.5M $26.8M $50.5M $47.0M $33.1M 202020212022202320242025

Bars are annual figures from 2020 to 2025; red bars are negative (a loss or cash outflow).

MetricFY2025FY2024FY2023FY2022FY2021FY2020
Revenue$467.7M$422.6M$405.7M$423.0M$364.2M$295.5M
Gross profit$172.1M$164.3M$153.0M$132.1M$107.8M$89.1M
Operating income$41.4M$37.8M$42.1M$30.0M$23.1M$27.7M
Interest expense$2.0M$2.0M$2.9M
Income tax$10.4M$9.9M$9.8M$6.7M$5.1M$5.3M
Net income$31.5M$30.0M$32.5M$23.6M$20.8M$17.5M
EPS (diluted)$1.56$1.49$1.63$1.19$1.12$1.13
Operating cash flow$33.8M$48.0M$53.4M$29.5M$8.7M$14.5M
Free cash flow$33.1M$47.0M$50.5M$26.8M$4.5M-$15.0M
Cash & equivalents$37.9M$31.6M$23.1M$16.0M$6.5M$448,000
Inventory$81.7M$70.7M$71.5M$71.2M$58.5M$49.0M
Total assets$287.7M$294.5M$276.4M$252.2M$207.6M$181.1M
Total liabilities$130.8M$132.3M$113.7M$100.2M$75.6M$141.2M
Shareholders' equity$156.9M$162.2M$162.7M$151.9M$132.0M$39.9M

Growth · year-over-year · Revenue CAGR 9.6%

MetricFY2025FY2024FY2023FY2022FY2021FY2020
Revenue growth+10.7%+4.2%-4.1%+16.1%+23.3%
Net income growth+5.0%-7.7%+37.3%+13.8%+18.6%
EPS growth+4.7%-8.6%+37.0%+6.2%-0.9%
Free cash flow growth-29.7%-6.9%+88.5%+495.4%

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.