Karat Packaging Inc.(KRT)— Stock Profile, AI Score & Financials
Materials · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Karat Packaging Inc. (KRT) stock profile, AI quality score, and SEC EDGAR financial data, a Materials sector company. 13F Pro's AI-powered ranking engine scores KRT at 60.0/100 on a 32-signal composite quality model, placing it at rank #895 of 2,960 stocks — the top half of the AI-ranked universe. KRT scores in the top quartile across balance sheet strength (93.7). Areas of concern include revenue scale (37.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Karat Packaging Inc. reports quarterly revenue of $136.3M, net income of $29.3M, free cash flow of $33.1M. Top institutional holders of KRT by reported 13-F value include BlackRock, ACADIAN ASSET MANAGEMENT, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. KRT trades on the Nasdaq exchange and files with the SEC under CIK 1758021. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate KRT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Karat Packaging Inc. directly from SEC EDGAR.
AI Quality Score
60.0/100
AI Rank
#895
Revenue
$136.3M
Net Income
$29.3M
Free Cash Flow
$33.1M
KRT key financials by period
Karat Packaging Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$467.7M
$31.5M
8.8%
FY 2024
10-K
$422.6M
$30.0M
8.9%
FY 2023
10-K
$405.7M
$32.5M
10.4%
FY 2022
10-K
$423.0M
$23.6M
7.1%
FY 2021
10-K/A
$364.2M
$20.8M
6.3%
FY 2020
10-K/A
$295.5M
$17.5M
9.4%
Institutions holding KRT
Institutional investors reporting a position in Karat Packaging Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-07 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net sales rose 9.9% YoY to $136.3M and net income more than doubled to $29.6M, but the surge was heavily boosted by a one-time $25.8M IEEPA tariff refund that cut cost of goods sold and lifted gross margin 1,700bps to 56.6%.
Biggest Revenue Drivers
Chains and distributors$105.9M+9.0% YoY
Derived from national/regional chain restaurants, supermarkets, and distributors reselling to restaurants and other businesses
Online$25.8M+23.6% YoY
Growth from the Company's online storefront, mobile app, and e-commerce platforms serving small businesses
Biggest Revenue Drivers
Total revenue: $136.3M+9.9% YoY
Chains and distributors$105.9M+9.0% YoY
Derived from national/regional chain restaurants, supermarkets, and distributors reselling to restaurants and other businesses
Online$25.8M+23.6% YoY
Growth from the Company's online storefront, mobile app, and e-commerce platforms serving small businesses
Retail$4.5M-23.4% YoY
Derived from regional/local restaurants and small businesses; includes logistics services revenue
Largest Expense Items
Cost of goods sold$59.1M-21.0% YoY
Driven primarily by $25.8M of IEEPA tariff refunds, partially offset by $6.9M higher product costs and $3.5M higher import costs including duty, tariffs and ocean freight
General and administrative expenses$22.0M+14.8% YoY
Includes higher salaries and benefits and bad debt expense
Margins: Gross margin rose 1,700bps YoY to 56.6%, with IEEPA tariff refunds contributing a 1,890bps benefit; this was partially offset by product costs rising to 49.2% of net sales and import costs rising to 11.1% of net sales.
Watch Items from the Filing
The $25.8M IEEPA tariff refund recognized as a COGS reduction is explicitly described by the Company as 'a one-time benefit' to Q2 results, inflating gross margin and net income for the period.
Related party Keary Global Group supplied $13.3M of purchases in Q2 2026, with a related party payable balance of $7.4M outstanding as of June 30, 2026, indicating meaningful supplier concentration.
The Company maintains a $1.3M liability reserve for a CBP anti-dumping/countervailing duty investigation into thermal paper transshipment, but discloses 'the amount of the final payments could vary significantly from the estimated liability reserve.'
Domestic purchases rose to 19.5% of sourcing (from 14.6%) and Taiwan sourcing fell to 45.9% (from 58.0%) as the Company diversified into Indonesia, South America, and Singapore amid tariff volatility.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
