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Karat Packaging Inc. income statement

In fiscal 2025, Karat Packaging Inc. reported revenue of $468m, up 10.7% on the year before, operating income of $41.4m (a 8.9% margin) and net income of $31.5m, or $1.56 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue296364423406423468493
Cost of revenue206256291253258296292
Gross profit89108132153164172201
General and administrative39526667727782
Operating income28233042384163
Interest expense—322222
Income before tax22283343414368
Income tax55710101016
Net income18212432303150
Diluted EPS$1.13$1.12$1.19$1.63$1.49$1.56$2.49
Diluted shares (average)15m19m20m20m20m20m20m
EBITDA36334053485274

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Karat Packaging Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Karat Packaging Inc.