Financials in USD. Standardized financial statements.
A compact view of how Karat Packaging Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $467.74M | $422.63M | $405.65M | $422.96M | $364.24M | $295.52M | $224.91M | $175.43M | $140.06M |
| Revenue Growth? | +10.7% | +4.2% | -4.1% | +16.1% | +23.3% | +31.4% | +28.2% | +25.3% | 0.0% |
| Cost of Revenue? | $295.61M | $258.30M | $252.61M | $290.87M | $256.42M | $206.39M | $163.89M | $131.98M | $98.75M |
| Gross Profit? | $172.14M | $164.33M | $153.04M | $132.09M | $107.83M | $89.13M | $61.02M | $43.45M | $41.30M |
| Gross Margin? | +36.8% | +38.9% | +37.7% | +31.2% | +29.6% | +30.2% | +27.1% | +24.8% | +29.5% |
| Operating Expenses? | $131.22M | $126.57M | $110.97M | $102.07M | $84.68M | $61.43M | $55.18M | $41.32M | $35.30M |
| Operating Income? | $41.13M | $37.76M | $42.08M | $30.02M | $23.14M | $27.70M | $5.84M | $2.13M | $6.01M |
| EBITDA? | $62.25M | $61.12M | $60.78M | $48.76M | $40.48M | $34.42M | $13.65M | $6.09M | $9.13M |
| Income Before Tax | $43.02M | $40.70M | $42.98M | $32.51M | $27.53M | $21.93M | $2.94M | $1.55M | $4.64M |
| Income Tax Expense | $10.36M | $9.87M | $9.80M | $6.68M | $5.09M | $5.26M | $781,000 | $1.67M | $96,000 |
| Net Income? | $31.48M | $29.98M | $32.47M | $23.65M | $20.78M | $17.52M | $1.72M | $21,000 | $4.55M |
| EPS? | $1.57 | $1.50 | $1.63 | $1.19 | $1.13 | $1.15 | $0.11 | $0.00 | $0.21 |
| Diluted EPS? | $1.56 | $1.49 | $1.63 | $1.19 | $1.12 | $1.13 | $0.11 | $0.00 | $0.21 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality