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Karat Packaging Inc. (KRT)

Nasdaq: KRT · Plastics Products, NEC · Chino, CA · filing with the SEC since 2018
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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020
Report filedMar 13, 2026Mar 14, 2025Mar 15, 2024Mar 16, 2023Mar 31, 2022·
Revenue467,743422,633405,651422,957364,244295,518
Cost of revenue295,607258,304252,608290,871256,417206,393
Gross profit172,136164,329153,043132,086107,82789,125
General and administrative77,37171,53066,95266,259r52,42139,242
Total operating expenses130,722126,568110,967102,07184,68261,428
Operating income41,41437,76142,07630,01523,14527,697
Interest expense2,0552,1232,0432,0172,907·
Interest and investment income2,2102,2991,8032,2261,512·
Interest income (expense), net····-1,395-5,492
Other income (expense), net·162-45-228259·
Total non-operating income (expense)1,6082,9349082,4984,383-5,770
Income before income taxes43,02240,69542,98432,51327,52821,927
Income tax expense10,3589,8719,8046,6765,0895,259
Net income including non-controlling interests32,66430,82433,18025,83722,43916,668
Net income to non-controlling interests1,1868497102,1891,661-849
Net income31,47829,97532,47023,64820,77817,517
Earnings per share, basic1.571.501.631.191.131.15
Earnings per share, diluted1.561.491.631.191.121.13
Weighted average shares, basic20,057,54920,002,21119,904,69819,824,91118,409,24315,176,809
Weighted average shares, diluted20,180,07020,124,28419,977,71219,925,90518,566,26015,447,809
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton KRT · research, not advice