{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-22-029498","form_type":"8-K","ticker":"KRT","cik":"0001758021","company_name":"Karat Packaging Inc.","filed_at":"2022-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.002757+00:00","generated_at":"2026-06-21T23:18:48.662767+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Karat Packaging Q3 net sales $110M; net income up 51% to $6.2M; record operating cash flow","bullets":["Net sales $110.0M (+7.1% YoY); net income $6.2M (+51.1%); diluted EPS $0.31 vs $0.19.","Gross margin expanded 210 bps to 31.1%; adjusted EBITDA $11.7M (+30.1%), margin 10.7%.","Record quarterly operating cash flow of $20.2M; liquidity $54.5M as of Sept 30.","Q4 2022 revenue guidance $95-98M vs $91.3M in prior-year quarter; full-year gross margin goal 31-32%.","Eco-friendly product sales grew 26.7% in Q3; Joint venture for bagasse production in Taiwan on track."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-22-029498","json":"https://secwatch.observer/filing/0001628280-22-029498.json","markdown":"https://secwatch.observer/filing/0001628280-22-029498.md","text":"https://secwatch.observer/filing/0001628280-22-029498.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1758021/000162828022029498/0001628280-22-029498-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1758021/000162828022029498/krt-20221110.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T23:18:48.662767+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3587c2b625c5c43d678812e2ba0cba27f9262eec","claim":"Karat Packaging Inc. reported the quarter ended September 30, 2022 results: revenue $110.0 million, net income $6.2 million, EPS $0.31 per diluted share.","evidence_excerpt":"products and related items, today announced financial results for its third quarter and nine-months ended September 30, 2022. Third Quarter 2022 Highlights • Net sales of $110.0 million, up 7.1 percent from the prior-year quarter. • Gross profit of $34.2 million, up 14.7 percent from the prior-year quarter. • Gross margin of 31.1 percent, increased from 29.0","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1758021/000162828022029498/0001628280-22-029498-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2022"},{"label":"Revenue","value":"$110.0 million"},{"label":"Net income","value":"$6.2 million"},{"label":"EPS","value":"$0.31 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}