Karat Packaging Q2 record net sales $124.0M, net income $11.1M; guides Q3 high-single to low-double-digit growth

Karat Packaging Inc.

2025-Q2 EPS reported $0.86 revenue$227,610,000

Net sales $124.0M (+10.1% YoY); net income $11.1M (+19.8% YoY); diluted EPS $0.54 vs $0.45.
Gross margin expanded to 39.6% from 38.5%; adjusted EBITDA $17.7M (+12.8%).
Q3 guidance: net sales high single-digit to low double-digit growth; gross margin low-to-mid 30s.
Declared Q3 dividend $0.45 per share, payable Aug 27 to record Aug 20.
Reduced China sourcing to 10% in Q2; new Chino warehouse operational.

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