Karat Packaging Inc.
Close on Oct 19, 2026
- Market cap
- $1.07B
- P/E (TTM)
- 21.3
- Dividend yield
- 3.39%
About Karat Packaging
Plastics Products, NEC, SIC 3089
Karat Packaging Inc. distributes and manufactures single-use foodservice products and related supplies. Its product catalog includes food containers, tableware, cups, lids, cutlery, straws, bags, specialty beverage ingredients, gloves, and janitorial supplies, made from paper, plastic, and compostable materials. The company also provides custom product design, printing, and logistics services. Its operations serve three customer segments: chains and distributors, retail businesses such as beverage shops, and e-commerce buyers.
The company conducts operations across the United States, operating production facilities and distribution hubs in California, Texas, and Hawaii. It also maintains distribution centers in New Jersey, Washington, Illinois, and Arizona, totaling ten distribution facilities nationwide. Karat sources inventory from a network of nearly 150 global suppliers located in countries including Taiwan, China, Malaysia, and Vietnam. In addition, the business manages an in-house transportation fleet comprising 40 trucks, 46 trailers, 16 bobtails, and 47 chassis. The provided text does not identify the corporate headquarters.
Summary of the business section of Karat Packaging's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Karat Packaging Inc.
- Founded
- 2001
- Headquarters
- Chino, CA
- Address
- 6185 Kimball Avenue 91708
- Phone
- (626) 965-8882
- Website
- lollicupstore.com
- Employees
- 696, Dec 31, 2025
- Industry
- Plastics Products, NEC
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Los Angeles, California
Stock & identifiers
- Ticker
- KRT
- Exchange
- Nasdaq
- IPO date
- Apr 16, 2021
- Shares outstanding
- 20M, Aug 4, 2026
- Public float
- $244.14M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company<br>Emerging growth company
- SEC CIK
- 1758021
- CUSIP
- 48563L101
- ISIN
- US48563L1017
- LEI
- 549300JYUKCQP3P8D632
- EIN
- 83-2237832
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jian Guo | Chief Financial Officer, Director | 41,529 |
| Alan Yu | Chief Executive Officer, Director | 6,097,181 |
| Marvin Cheng | VP-Manufacturing, Secy | 5,252,272 |
| Daniel Quire | Chief Revenue Officer | 23,631 |
| Paul Y. Chen | Director | 7,000 |
| Eve Yen | Director | 8,000 |
| Eric K. Chen | Director | 7,000 |
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed approximately 696 employees, out of which 636 were full-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 17, 2026 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Mar 21, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Apr 16, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| Apr 14, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |