Karat Packaging (KRT)
Supplies disposable cups, lids, and eco-friendly packaging to restaurant chains and boba shops nationwide.
$52.01
vs last close−0.20 (−0.37%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 106 | 96 | 96 | 113 | 113 | 102 | 104 | 124 | 125 | 116 | 117 | 136 |
| Cost of revenue | 67 | 61 | 58 | 69 | 69 | 62 | 63 | 75 | 82 | 76 | 77 | 59 |
| Gross profit | 39 | 34 | 38 | 43 | 43 | 40 | 41 | 49 | 43 | 39 | 40 | 77 |
| 28 | 29 | 30 | 32 | 32 | 33 | 33 | 33 | 34 | 31 | 32 | 40 | |
| 28 | 29 | 27 | 32 | 32 | 32 | 32 | 33 | 35 | 30 | 33 | 39 | |
| Selling & marketing | 8 | 16 | 11 | 14 | 14 | 14 | 14 | 14 | 14 | 12 | 13 | 18 |
| General & administrative | 20 | 13 | 16 | 18 | 19 | 18 | 17 | 19 | 21 | 18 | 20 | 22 |
| Other expenses | 0 | 0 | 3 | 1 | 0 | 0 | 1 | 0 | 0 | 1 | −1 | 0 |
| Operating income | 11 | 5 | 8 | 11 | 11 | 7 | 8 | 17 | 9 | 9 | 8 | 38 |
| 1 | 0 | 0 | 1 | 1 | 1 | 1 | −2 | 1 | 1 | 1 | 1 | |
| Interest income | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 0 | 0 | 0 |
| Other non-operating income | −1 | −1 | −1 | −2 | −1 | −2 | −2 | 2 | −4 | −1 | −1 | −2 |
| Income before tax | 12 | 5 | 8 | 12 | 12 | 8 | 9 | 15 | 10 | 10 | 9 | 39 |
| Income tax expense | 3 | 1 | 2 | 3 | 3 | 2 | 2 | 3 | 2 | 2 | 2 | 9 |
| Net income from continuing operations | 9 | 4 | 6 | 9 | 9 | 6 | 7 | 11 | 8 | 7 | 7 | 30 |
| Net income | 9 | 4 | 6 | 9 | 9 | 6 | 6 | 11 | 7 | 7 | 7 | 29 |
| EPS, basic | $0.46 | $0.20 | $0.31 | $0.46 | $0.45 | $0.28 | $0.32 | $0.55 | $0.36 | $0.34 | $0.34 | $1.47 |
| EPS, diluted | $0.45 | $0.19 | $0.31 | $0.45 | $0.45 | $0.28 | $0.32 | $0.54 | $0.36 | $0.34 | $0.34 | $1.46 |
| Weighted average shares, basic | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Weighted average shares, diluted | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| EBITDA | 17 | 10 | 13 | 17 | 17 | 14 | 14 | 20 | 15 | 11 | 15 | 39 |
| Depreciation & amortization | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 3 | 1 | 5 | 0 |
| EBIT | 13 | 5 | 9 | 13 | 12 | 9 | 9 | 15 | 13 | 10 | 10 | 39 |