Karat Packaging Inc. (KRT) stock
Close on Nov 12, 2026Market cap $703.99MP/E 15.0Yield 5.10%
Earnings
Karat Packaging's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Karat Packaging's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Mar 11, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Nov 5, 2026after the close | $134.70M | +8.2% | $0.22 | $0.24 | Release |
| Q2 FY2026ended Jun 30, 2026 | Aug 6, 2026during market hours | $136.30M | +9.9% | $1.46 | $1.48 | Release |
| Q1 FY2026ended Mar 31, 2026 | May 7, 2026during market hours | $116.90M | +12.8% | $0.34 | $0.34 | Release |
| Q4 FY2025ended Dec 31, 2025 | Mar 12, 2026during market hours | $115.60M | +13.8% | $0.34 | $0.34 | Release |
| Q3 FY2025ended Sep 30, 2025 | Nov 6, 2025during market hours | $124.50M | +10.4% | $0.36 | $0.37 | Release |
| Q2 FY2025ended Jun 30, 2025 | Aug 7, 2025during market hours | $124.00M | +10.1% | $0.54 | $0.57 | Release |
| Q1 FY2025ended Mar 31, 2025 | May 8, 2025during market hours | $103.60M | +8.4% | $0.32 | $0.33 | Release |
| Q4 FY2024ended Dec 31, 2024 | Mar 13, 2025during market hours | $101.60M | +6.3% | $0.28 | $0.29 | Release |
| Q3 FY2024ended Sep 30, 2024 | Nov 7, 2024during market hours | $112.80M | +6.9% | $0.45 | $0.47 | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 8, 2024during market hours | $112.60M | +3.6% | $0.45 | $0.49 | Release |
| Q1 FY2024ended Mar 31, 2024 | May 9, 2024during market hours | $95.60M | -0.2% | $0.31 | $0.40 | Release |
| Q4 FY2023ended Dec 31, 2023 | Mar 14, 2024during market hours | $95.60M | +3.1% | $0.19 | $0.24 | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 9, 2023during market hours | $105.50M | -4.1% | $0.45 | $0.47 | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 9, 2023during market hours | $108.70M | -5.4% | $0.53 | $0.69 | Release |
| Q1 FY2023ended Mar 31, 2023 | May 10, 2023during market hours | $95.80M | -9.1% | $0.45 | $0.46 | Release |
| Q4 FY2022ended Dec 31, 2022 | Mar 16, 2023during market hours | $92.70M | +1.5% | $0.23 | $0.30 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 10, 2022during market hours | $110.00M | – | $0.31 | $0.33 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 11, 2022during market hours | $114.90M | – | $0.32 | $0.34 | Release |
| Q1 FY2022ended Mar 31, 2022 | May 12, 2022during market hours | $105.40M | – | $0.34 | $0.36 | Release |
| Q4 FY2021ended Dec 31, 2021 | Mar 24, 2022during market hours | $91.30M | – | $0.28 | $0.32 | Release |
| Q3 FY2021ended Sep 30, 2021 | Oct 4, 2021before the open | – | – | – | – | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 12, 2021during market hours | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | May 27, 2021during market hours | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Karat Packaging's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Net salesGAAP | Q4 FY2026 | +9% – +11% | – | New | Nov 5, 2026 |
| Gross marginGAAP | Q4 FY2026 | 33% – 35% | – | New | Nov 5, 2026 |
| Net salesGAAP | FY2026 | +9% – +11% | – | New | Nov 5, 2026 |
| Gross marginGAAP | FY2026 | 39% – 41% | – | New | Nov 5, 2026 |
| Gross margin | FY2026 | 34% – 36% | – | New | May 7, 2026 |
| Adjusted EBITDA marginnon-GAAP | FY2026 | 11% – 13% | – | New | May 7, 2026 |
Guidance vs results
The last range Karat Packaging gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q2 FY2026 | Revenue growth | +8% – +10% | +9.92% | Within range |
| Q1 FY2026 | Revenue growth | +8% – +10% | +12.84% | Above range |
| Q4 FY2025 | Revenue growth | +10% – +14% | +13.78% | Within range |
| Q1 FY2025 | Revenue growth | +6% – +8% | +8.37% | Above range |
| Q4 FY2023 | Revenue growth | +2% – +5% | +3.13% | Within range |
| Q3 FY2023 | Revenue growth | -4% – -3% | -4.09% | Below range |
| Q2 FY2023 | Revenue growth | -5% | -5.4% | Below range |
| Q4 FY2022 | Revenue | $95.00M – $98.00M | $92.70M | Below range |
| Q3 FY2022 | Revenue | $117.00M – $120.00M | $110.00M | Below range |
| Q2 FY2022 | Revenue | $116.00M – $118.00M | $114.90M | Below range |
| Q1 FY2022 | Revenue | $101.00M – $103.00M | $105.40M | Above range |
Guidance history
Every forecast Karat Packaging put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Nov 5, 2026 | Gross margin | Q4 FY2026 | 33% – 35% | New |
| Nov 5, 2026 | Gross margin | FY2026 | 39% – 41% | New |
| Nov 5, 2026 | Net sales | Q4 FY2026 | +9% – +11% | New |
| Nov 5, 2026 | Net sales | FY2026 | +9% – +11% | New |
| Aug 6, 2026 | Gross margin | Q3 FY2026 | 35% – 37% | New |
| Aug 6, 2026 | Adjusted EBITDA margin | Q3 FY2026 | 9% – 11% | New |
| May 7, 2026 | Adjusted EBITDA margin | FY2026 | 11% – 13% | New |
| May 7, 2026 | Adjusted EBITDA margin | Q2 FY2026 | 11% – 13% | New |
| May 7, 2026 | Gross margin | FY2026 | 34% – 36% | New |
| May 7, 2026 | Gross margin | Q2 FY2026 | 35% – 37% | New |
| May 7, 2026 | Net sales | Q2 FY2026 | +8% – +10% | New |
| Mar 12, 2026 | Gross margin | Q1 FY2026 | 34% – 36% | New |
| Mar 12, 2026 | Adjusted EBITDA margin | Q1 FY2026 | 9% – 11% | New |
| Mar 12, 2026 | Net sales | Q1 FY2026 | +8% – +10% | New |
| Nov 6, 2025 | Gross margin | Q4 FY2025 | 33% – 35% | New |
| Nov 6, 2025 | Adjusted EBITDA margin | Q4 FY2025 | 8% – 10% | New |
| Nov 6, 2025 | Net sales | Q4 FY2025 | +10% – +14% | New |
| Aug 7, 2025 | Adjusted EBITDA margin | Q3 FY2025 | 10% – 12% | New |
| Mar 13, 2025 | Gross margin | Q1 FY2025 | 37% – 39% | New |
| Mar 13, 2025 | Gross margin | FY2025 | 36% – 38% | New |
| Mar 13, 2025 | Adjusted EBITDA margin | Q1 FY2025 | 9% – 11% | New |
| Mar 13, 2025 | Net sales | Q1 FY2025 | +6% – +8% | New |
| Mar 13, 2025 | Net sales | FY2025 | +9% – +11% | New |
| Nov 7, 2024 | Gross margin | Q4 FY2024 | 39% – 40% | New |
| Aug 8, 2024 | Gross margin | Q3 FY2024 | 38% – 39% | New |
| Aug 8, 2024 | Gross margin goal | FY2024 | 38% – 40% | New |
| May 9, 2024 | Gross margin | Q2 FY2024 | 38% – 40% | New |
| May 9, 2024 | Gross margin goal | FY2024 | 37% – 40% | Raised |
| May 9, 2024 | Net sales | FY2024 | +8% – +15% | Reaffirmed |
| Mar 14, 2024 | Gross margin goal | Q1 FY2024 | 37% – 39% | New |
| Mar 14, 2024 | Gross margin goal | FY2024 | 35% – 38% | New |
| Mar 14, 2024 | Net sales | FY2024 | +8% – +15% | New |
| Nov 9, 2023 | Gross margin goal | Q4 FY2023 | 36% – 38% | New |
| Nov 9, 2023 | Gross margin goal | FY2023 | 37.5% – 38.5% | New |
| Nov 9, 2023 | Eco-friendly product sales objective | FY2023 | 33% – 34% | Lowered |
| Nov 9, 2023 | Net sales | Q4 FY2023 | +2% – +5% | New |
| Aug 9, 2023 | Gross margin goal | FY2023 | 36% – 37% | Raised |
| Aug 9, 2023 | Eco-friendly product sales objective | FY2023 | 35% | Reaffirmed |
| Aug 9, 2023 | Net sales | Q3 FY2023 | -4% – -3% | New |
| Aug 9, 2023 | Net sales | Q4 FY2023 | +10% – +15% | New |
| May 10, 2023 | Gross margin goal | FY2023 | 32% – 33% | Reaffirmed |
| May 10, 2023 | Eco-friendly product sales goal | FY2023 | 35% | New |
| May 10, 2023 | Net sales | Q2 FY2023 | -5% | New |
| Mar 16, 2023 | Gross margin goal | FY2023 | 32% – 33% | New |
| Nov 10, 2022 | Gross margin goal | FY2022 | 31% – 32% | Reaffirmed |
| Nov 10, 2022 | Net sales | Q4 FY2022 | $95.00M – $98.00M | New |
| Aug 11, 2022 | Gross margin goal | FY2022 | 31% – 32% | Reaffirmed |
| Aug 11, 2022 | Net sales | Q3 FY2022 | $117.00M – $120.00M | New |
| Aug 11, 2022 | Net sales | FY2022 | $445.00M – $449.00M | Reaffirmed |
| May 12, 2022 | Gross margin goal | FY2022 | 31% – 32% | New |
| May 12, 2022 | Net sales | Q2 FY2022 | $116.00M – $118.00M | New |
| May 12, 2022 | Net sales | FY2022 | $445.00M – $449.00M | New |
| Mar 23, 2022 | Gross margin | FY2022 | 31% – 32% | New |
| Mar 23, 2022 | Net sales | Q1 FY2022 | $101.00M – $103.00M | New |
| Mar 23, 2022 | Net sales growth | FY2022 | +17% – +19% | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Karat Packaging filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- News
- Results
- News
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- News
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- News
- Results
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