Karat Packaging Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $136.3M | $116.9M | $115.6M | $124.5M | $124.0M | $103.6M | $101.6M | $112.8M |
| Cost of Revenue | $59.1M | $75.4M | $76.3M | $81.6M | $74.9M | $62.9M | $61.8M | $69.3M |
| Gross Profit | $77.2M | $41.5M | $39.3M | $42.9M | $49.1M | $40.8M | $39.8M | $43.5M |
| Gross Margin | 56.6% | 35.5% | 34.0% | 34.5% | 39.6% | 39.3% | 39.2% | 38.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $22.0M | $20.1M | $18.7M | $21.0M | $19.1M | $18.5M | $18.4M | $18.5M |
| Operating Income | $37.6M | $8.5M | $8.5M | $8.6M | $16.6M | $7.8M | $7.3M | $11.3M |
| Operating Margin | 27.6% | 7.2% | 7.3% | 6.9% | 13.3% | 7.5% | 7.2% | 10.0% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $39.0M | $9.4M | $9.7M | $9.9M | $14.5M | $8.9M | $8.3M | $11.9M |
| Income Tax Expense | $9.4M | $2.2M | $2.5M | $2.3M | $3.5M | $2.1M | $2.5M | $2.6M |
| Net Income | $29.3M | $6.7M | $6.8M | $7.3M | $10.9M | $6.4M | $5.6M | $9.1M |
| Net Margin | 21.5% | 5.8% | 5.9% | 5.9% | 8.8% | 6.2% | 5.5% | 8.1% |
| EPS (Basic) | $1.47 | $0.34 | $0.34 | $0.36 | $0.55 | $0.32 | $0.28 | $0.45 |
| EPS (Diluted) | $1.46 | $0.34 | $0.34 | $0.36 | $0.54 | $0.32 | $0.28 | $0.45 |
| Shares Outstanding (Basic) | 19.9M | 20.0M | 20.1M | 20.1M | 20.1M | 20.0M | 20.0M | 20.0M |
| Shares Outstanding (Diluted) | 20.1M | 20.1M | 20.2M | 20.2M | 20.2M | 20.2M | 20.1M | 20.1M |
| Dividends Per Share | $0.45 | $0.45 | $0.45 | $0.45 | $0.45 | $0.45 | $0.40 | $0.50 |