Karat Packaging Inc. (KRT) stock
KRTNasdaqPlastics Products, NECFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 24/3018% below fair value
$35.32−1.43 (-3.89%)
Close on Nov 12, 2026Market cap $703.99MP/E 15.0Yield 5.10%
Karat Packaging gross margin
Gross margin is gross profit as a percentage of revenue.
Karat Packaging's gross margin for the twelve months ending Sep 30, 2026 was 40.3%. For fiscal 2025 it was 36.8%, against 38.9% the year before. The highest annual figure on record is 38.9% in fiscal 2024.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 36.8% | −2.1 |
| FY2024 | Dec 31, 2024 | 38.9% | +1.2 |
| FY2023 | Dec 31, 2023 | 37.7% | +6.5 |
| FY2022 | Dec 31, 2022 | 31.2% | +1.6 |
| FY2021 | Dec 31, 2021 | 29.6% | −0.6 |
| FY2020 | Dec 31, 2020 | 30.2% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 33.5% | −1.0 |
| Q2 FY2026 | Jun 30, 2026 | 56.6% | +17.0 |
| Q1 FY2026 | Mar 31, 2026 | 35.5% | −3.8 |
| Q4 FY2025 | Dec 31, 2025 | 34.0% | −5.1 |
| Q3 FY2025 | Sep 30, 2025 | 34.5% | −4.1 |
| Q2 FY2025 | Jun 30, 2025 | 39.6% | +1.1 |
| Q1 FY2025 | Mar 31, 2025 | 39.3% | +0.0 |
| Q4 FY2024 | Dec 31, 2024 | 39.2% | +3.5 |
| Q3 FY2024 | Sep 30, 2024 | 38.6% | +1.7 |
| Q2 FY2024 | Jun 30, 2024 | 38.5% | +0.1 |
| Q1 FY2024 | Mar 31, 2024 | 39.3% | −0.5 |
| Q4 FY2023 | Dec 31, 2023 | 35.7% | +3.7 |
| Q3 FY2023 | Sep 30, 2023 | 36.9% | +5.8 |
| Q2 FY2023 | Jun 30, 2023 | 38.5% | +8.9 |
| Q1 FY2023 | Mar 31, 2023 | 39.8% | +7.3 |
| Q4 FY2022 | Dec 31, 2022 | 32.0% | +1.0 |
| Q3 FY2022 | Sep 30, 2022 | 31.1% | +2.1 |
| Q2 FY2022 | Jun 30, 2022 | 29.6% | −0.2 |
| Q1 FY2022 | Mar 31, 2022 | 32.5% | +4.0 |
| Q4 FY2021 | Dec 31, 2021 | 31.0% | +3.6 |
| Q3 FY2021 | Sep 30, 2021 | 29.0% | −1.2 |
| Q2 FY2021 | Jun 30, 2021 | 29.7% | −4.4 |
| Q1 FY2021 | Mar 31, 2021 | 28.6% | +0.7 |
| Q4 FY2020 | Dec 31, 2020 | 27.4% | – |
| Q3 FY2020 | Sep 30, 2020 | 30.2% | – |
| Q2 FY2020 | Jun 30, 2020 | 34.1% | – |
| Q1 FY2020 | Mar 31, 2020 | 27.9% | – |
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