Highest-materiality recent filing
Record Q2 net sales $136.3M (+9.9% YoY); net income $29.6M (+168.3%) includes $20.2M from IEEPA tariff refunds.
Karat Packaging Q1 2026 net sales $116.9M (+12.9% YoY), EPS $0.34; declares $0.45 dividend
Net sales $116.9M (+12.9% YoY), net income $7.1M (+4.8% YoY), diluted EPS $0.34.
Karat Q4 sales hit record $115.6M (+13.7%); EPS $0.34 vs $0.28; guides Q1 higher
Record Q4 net sales $115.6M (+13.7% YoY); GAAP diluted EPS $0.34 vs $0.28; net income $7.2M (+22.8%).
Karat Packaging Declares Quarterly Cash Dividend of $0.45 per Share
Board declared regular quarterly cash dividend of $0.45 per share on common stock.
Karat Packaging Q3 net sales record $124.5M (+10.4% YoY); EPS down on tariff costs
Q3 net sales record $124.5M (+10.4% YoY); net income $7.6M ($0.36 diluted EPS) vs $9.3M ($0.45) prior year.
Karat Packaging declares $0.45 quarterly dividend and $15M share repurchase program
Quarterly cash dividend of $0.45 per share declared, payable Nov 28 to holders of record Nov 21, 2025.
Net sales $124.0M (+10.1% YoY); net income $11.1M (+19.8% YoY); diluted EPS $0.54 vs $0.45.
Karat Packaging Q1 net sales $103.6M (+8.4% YoY); EPS $0.32; declares $0.45 dividend
Net income $6.8M (+5.2% YoY); diluted EPS $0.32 vs $0.31 prior year.
Karat Packaging Q4 net sales up 6.3% to $101.6M; gross margin expands to 39.2%; issues 2025 guidance
Q4 net sales $101.6M (+6.3% YoY); gross profit $39.8M (+16.8%); net income $5.9M (+40.3%); adjusted EBITDA $11.3M.
Karat Packaging Q3 net sales $112.8M (+6.9%), net income $9.3M, dividend raised to $0.40
Net sales $112.8M (+6.9% YoY); gross margin 38.6% (+170 bps); net income $9.3M (+1.3%).
Karat Packaging increases quarterly dividend to $0.40 per share from $0.35
Quarterly cash dividend raised to $0.40 per share, up 14% from prior $0.35.
Karat Packaging Q2 revenue up 3.5% to $112.6M; net income down to $9.2M from $10.7M
Net sales $112.6M (+3.5% YoY); gross margin stable at 38.5%.
Karat Packaging Q1 net income down 29% to $6.5M; raises dividend to $0.35/share
Net sales $95.6M flat YoY; net income $6.5M vs $9.2M, includes $1.5M impairment charge.
Karat Packaging raises quarterly dividend to $0.35 per share from $0.30
Board declared regular quarterly cash dividend of $0.35 per share, a 16.7% increase over prior $0.30.
Karat Packaging Q4 net income $4.2M; full year net income up 28.4%; dividend raised to $0.30
Q4 net sales $95.6M (+3.1% YoY); volume +7.3%; gross margin 35.7% vs 32.0%.
Karat Packaging Q3 net income up 48.5%; dividend doubled to $0.20/share
Net sales $105.5M (-4.1% YoY); net income $9.1M (+48.5%); diluted EPS $0.45 vs $0.31.
Management sells 1M shares in secondary offering at $21.00/share; company gets no proceeds
Secondary offering of 1,000,000 shares by selling stockholders (management) at $21.00 per share.
Karat Packaging COO Joanne Wang to retire Dec 1; Daniel Quire appointed Chief Revenue Officer
Joanne Wang to retire as COO effective Dec 1, 2023; also resigned from board Aug 30, 2023.
Net sales $108.7M (-5.3% YoY); net income $10.7M (+48.3% YoY); diluted EPS $0.53 vs $0.32.
Karat Packaging Q1 net income up 15.6%, gross margin record 39.8%, special dividend $0.35
Net sales $95.8M (-9.1% YoY); net income $9.2M (+15.6%); diluted EPS $0.45 vs $0.34.
Karat Q4 net income $4.5M, down from $6.0M; full-year net sales $423M (+16.1%)
Q4 net sales $92.7M (+1.5% YoY); gross margin 32.0% (+100 bps) despite $1.7M inventory write-off.
Karat Packaging Q3 net sales $110M; net income up 51% to $6.2M; record operating cash flow
Net sales $110.0M (+7.1% YoY); net income $6.2M (+51.1%); diluted EPS $0.31 vs $0.19.
Karat Packaging declares special dividend of $0.35 per share payable Nov 30, 2022
Board declared special dividend of $0.35 per share on common stock.
Karat Packaging Q1 2022 revenue $105.4M (+39% YoY); net income doubles to $7.9M
Record quarterly net sales $105.4M, up 39.3% YoY; gross margin 32.5% (+390 bps).
On October 5, 2023, Karat Packaging Inc. (the "Company") entered into an employment agreement with Daniel Quire to serve as Chief Revenue Officer of the Company
appointed Jian Guo, the Company’s Chief Financial Officer, as a director of the Company to fill the vacancy resulting from Joanne Wang’s departure from the Board, effective September 1, 2023.
On August 30, 2023, Joanne Wang notified Karat Packaging Inc. (the “Company”) of her retirement as Chief Operating Officer of the Company, effective December 1, 2023.
Also, effective August 30, 2023, Ms. Wang relinquished her seat on the Company’s board of directors.
the Board of Directors of the Company (the “Board”) appointed Jian Guo to serve as the Company’s Chief Financial Officer (principal financial and accounting officer), effective February 1, 2022.
Peter Lee's term as Interim Chief Financial Officer of the Company ended on February 1, 2022.
appointed Joanne Wang, the Company’s Chief Operating Officer, a director of the Company effective December 10, 2021.
resignation of Marvin Cheng as a director, effective December 10, 2021.
On October 1, 2021, the Board of Directors of the Company (the “Board”) appointed Peter Lee to serve as the Company’s Interim Chief Financial Officer (principal financial and accounting officer), effective October 8, 2021.
On September 27, 2021, Ann Sabahat notified Karat Packaging Inc. (the “Company”) of her resignation as Chief Financial Officer, effective October 8, 2021.
Max materiality 0.80 · Median 0.55 · Most common event earnings