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 operating margin
Operating margin is operating income as a percentage of revenue.
Karat Packaging's operating margin for the twelve months ending Sep 30, 2026 was 11.8%. For fiscal 2025 it was 8.9%, against 8.9% the year before. The highest annual figure on record is 10.4% in fiscal 2023.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 8.9% | −0.1 |
| FY2024 | Dec 31, 2024 | 8.9% | −1.4 |
| FY2023 | Dec 31, 2023 | 10.4% | +3.3 |
| FY2022 | Dec 31, 2022 | 7.1% | +0.7 |
| FY2021 | Dec 31, 2021 | 6.4% | −3.0 |
| FY2020 | Dec 31, 2020 | 9.4% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 3.6% | −3.3 |
| Q2 FY2026 | Jun 30, 2026 | 27.6% | +14.2 |
| Q1 FY2026 | Mar 31, 2026 | 7.2% | −0.3 |
| Q4 FY2025 | Dec 31, 2025 | 7.3% | +0.1 |
| Q3 FY2025 | Sep 30, 2025 | 6.9% | −3.1 |
| Q2 FY2025 | Jun 30, 2025 | 13.3% | +3.5 |
| Q1 FY2025 | Mar 31, 2025 | 7.5% | −0.9 |
| Q4 FY2024 | Dec 31, 2024 | 7.2% | +2.3 |
| Q3 FY2024 | Sep 30, 2024 | 10.0% | −0.8 |
| Q2 FY2024 | Jun 30, 2024 | 9.9% | −2.4 |
| Q1 FY2024 | Mar 31, 2024 | 8.4% | −4.8 |
| Q4 FY2023 | Dec 31, 2023 | 4.8% | −0.4 |
| Q3 FY2023 | Sep 30, 2023 | 10.8% | +3.6 |
| Q2 FY2023 | Jun 30, 2023 | 12.3% | +5.5 |
| Q1 FY2023 | Mar 31, 2023 | 13.3% | +4.3 |
| Q4 FY2022 | Dec 31, 2022 | 5.2% | −2.6 |
| Q3 FY2022 | Sep 30, 2022 | 7.2% | +2.0 |
| Q2 FY2022 | Jun 30, 2022 | 6.8% | −0.5 |
| Q1 FY2022 | Mar 31, 2022 | 9.0% | +4.0 |
| Q4 FY2021 | Dec 31, 2021 | 7.8% | +4.9 |
| Q3 FY2021 | Sep 30, 2021 | 5.2% | −4.0 |
| Q2 FY2021 | Jun 30, 2021 | 7.3% | −9.9 |
| Q1 FY2021 | Mar 31, 2021 | 5.0% | −1.4 |
| Q4 FY2020 | Dec 31, 2020 | 2.9% | – |
| Q3 FY2020 | Sep 30, 2020 | 9.2% | – |
| Q2 FY2020 | Jun 30, 2020 | 17.1% | – |
| Q1 FY2020 | Mar 31, 2020 | 6.4% | – |
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