---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-036146"
form_type: "8-K"
ticker: "KRT"
cik: "0001758021"
company_name: "Karat Packaging Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:05:53.520008+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Karat Packaging Q2 revenue up 3.5% to $112.6M; net income down to $9.2M from $10.7M

## Summary
- Net sales $112.6M (+3.5% YoY); gross margin stable at 38.5%.
- Net income $9.2M ($0.45 diluted EPS) vs $10.7M ($0.53) a year ago.
- Adjusted EBITDA $15.7M (13.9% margin) vs $21.1M (19.4%) prior-year quarter.
- Q3 2024 guidance: net sales mid-to-high single-digit growth; gross margin 38-39%.
- Board approved $0.35 regular + $0.15 special cash dividend, payable Aug 30 to holders of record Aug 21.

## SEC filing metadata
- accession: 0001628280-24-036146
- form_type: 8-K
- ticker: KRT
- cik: 0001758021
- company_name: Karat Packaging Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758021/000162828024036146/0001628280-24-036146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758021/000162828024036146/krt-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-036146
- JSON: https://secwatch.observer/filing/0001628280-24-036146.json
- Plain text: https://secwatch.observer/filing/0001628280-24-036146.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.