Karat Packaging Inc. (KRT)

NASDAQ: KRT · Real-Time Price · USD
26.77
+0.53 (2.02%)
At close: May 15, 2026, 4:00 PM EDT
26.75
-0.02 (-0.09%)
After-hours: May 15, 2026, 4:10 PM EDT
Market Cap534.43M +1.6%
Revenue (ttm)481.07M +11.7%
Net Income31.81M +5.3%
EPS1.58 +5.4%
Shares Out 19.96M
PE Ratio16.94
Forward PE15.18
Dividend$1.80 (6.72%)
Ex-Dividend DateMay 21, 2026
Volume122,966
Open26.08
Previous Close26.24
Day's Range26.05 - 27.06
52-Week Range20.61 - 32.68
Beta0.90
AnalystsSell
Price Target22.00 (-1.01%)
Earnings DateMay 7, 2026

About KRT

Karat Packaging Inc., together with its subsidiaries, engages in the manufacture and distribution of single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It offers food and take-out containers, bags, boxes, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, gloves, utensils, janitorial and warehouse supplies, and other products under the Karat Earth brand. The company also distributes food and beverage items, such as syrups, boba... [Read more]

IPO Date Apr 15, 2021
Employees 696
Stock Exchange NASDAQ
Ticker Symbol KRT
Full Company Profile

Financial Performance

In 2025, Karat Packaging's revenue was $467.74 million, an increase of 10.67% compared to the previous year's $422.63 million. Earnings were $31.48 million, an increase of 5.01%.

Financial Statements

Analyst Summary

According to one analyst, the rating for KRT stock is "Sell" and the 12-month stock price target is $22.0.

Price Target
$22.0
(-1.01% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Karat Packaging price target raised to $39 from $35 at Lake Street

Lake Street raised the firm’s price target on Karat Packaging (KRT) to $39 from $35 and keeps a Buy rating on the shares after what the firm calls “another strong…

8 days ago - TheFly

Karat Packaging reports Q1 adjusted EPS 34c, consensus 32c

Reports Q1 revenue $116.95M, consensus $112.98M. “We started 2026 with a robust quarter, with year-over-year sales increasing almost 13 percent as momentum built throughout the quarter, accelerating f...

9 days ago - TheFly

Karat Packaging Earnings Call Transcript: Q1 2026

First quarter net sales rose 12.9% year-over-year, driven by strong online and eco-friendly product growth. Gross margin declined due to higher tariffs, but cost controls and sourcing diversification supported profitability. Full-year guidance projects low double-digit sales growth and stable margins.

9 days ago - Transcripts

Karat Packaging Reports First Quarter 2026 Financial Results

— Strong Top-Line Growth and Solid Profitability — CHINO, Calif., May 07, 2026 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) ("Karat Packaging" or the "Company"), a specialty distributor and ...

9 days ago - GlobeNewsWire

Karat Packaging Board Declares Quarterly Cash Dividend

CHINO, Calif., May 06, 2026 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat Packaging”), a specialty distributor and manufacturer of disposable foodservice products and...

10 days ago - GlobeNewsWire

Karat Packaging to Report 2026 First Quarter Financial Results and Host Conference Call on Thursday, May 7, 2026

CHINO, Calif., April 23, 2026 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodse...

23 days ago - GlobeNewsWire

Karat Packaging Earnings Call Transcript: Q4 2025

Q4 2025 saw 13.7% sales growth, margin resilience despite higher tariffs, and strong eco-friendly product momentum. 2026 guidance calls for low double-digit sales growth, margin improvement, and continued market share gains, especially in paper bags.

2 months ago - Transcripts

Karat Packaging Q1 FY26 reveneu up 8%-10%

Sees Q1 adjusted EBITDA margin up low double-digits. The company said, “We continue to closely monitor tariff and foreign currency developments and adjust our global supply chain as appropriate. Durin...

2 months ago - TheFly

Karat Packaging sees FY26 revenue up low double-digits

Gross margin and adjusted EBITDA margin for full year 2026 expected to continue to improve compared with the prior year, under current global tariff policy. “Our new paper bags product…

2 months ago - TheFly

Karat Packaging reports Q4 EPS 34c vs. 28c last year

Reports Q4 revenue $115.62M, consensus $113.95M. “We finished 2025 with a strong fourth quarter, demonstrating the strength and resilience of our business model and our ability to continue to drive…

2 months ago - TheFly

Karat Packaging Reports Fourth Quarter and Full Year 2025 Financial Results

— Continued Profitable Growth and Business Expansion — CHINO, Calif., March 12, 2026 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (“Karat” or the “Company”), a specialty distributor and manu...

2 months ago - GlobeNewsWire

Karat Packaging to Report 2025 Fourth Quarter and Full Year Financial Results and Host Conference Call on Thursday, March 12, 2026

CHINO, Calif., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodser...

2 months ago - GlobeNewsWire

Karat Packaging finalizes sourcing arrangements in South America

Karat Packaging (KRT) has finalized new sourcing arrangements and begun importing certain products from South America, further diversifying its global supply network and reinforcing its long-term cost...

3 months ago - TheFly

Karat Packaging Broadens Global Sourcing Strategy with New Sourcing Arrangements in South America

CHINO, Calif., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Karat” or “Company”), a specialty distributor and manufacturer of disposable foodservice products and related ...

3 months ago - GlobeNewsWire

Karat Packaging downgraded to Underperform from Buy at BofA

BofA downgraded Karat Packaging (KRT) to Underperform from Buy with a price target of $22, down from $27.

6 months ago - TheFly

Karat Packaging Earnings Call Transcript: Q3 2025

Q3 2025 saw record net sales up 10.4% year-over-year, driven by strong volume and new product launches, despite margin pressure from tariffs. A major paper bag contract is expected to add $20M annually, with plans to scale to $100M. Share repurchase and dividend programs were announced.

6 months ago - Transcripts

Karat Packaging Reports 2025 Third Quarter Financial Results

CHINO, Calif., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (“Karat” or the “Company”), a specialty distributor and manufacturer of environmentally friendly, disposable foodser...

6 months ago - GlobeNewsWire

Karat Packaging board authorizes $15 share repurchase program

The board authorized its first-ever share repurchase program to purchase up to $15.0 million of the Company’s common stock.

6 months ago - TheFly

Karat Packaging Board Declares Quarterly Cash Dividend; Initiates First-Ever Share Repurchase Program

CHINO, Calif., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related ...

6 months ago - GlobeNewsWire

Karat Packaging to Report 2025 Third Quarter Financial Results and Host Conference Call on Thursday, November 6, 2025

CHINO, Calif., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (“Karat” or the “Company”) (Nasdaq: KRT), a specialty distributor and manufacturer of environmentally friendly, disposable foodser...

7 months ago - GlobeNewsWire

Karat Packaging’s Lollicup USA relocates HQ to Rockwall, Texas

Karat Packaging (KRT) announced its business operating subsidiary, Lollicup USA Inc., has relocated its headquarters to Rockwall, Texas, from Chino, California.

7 months ago - TheFly

Lollicup USA Relocates Headquarters to Rockwall, Texas

ROCKWALL, Texas, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced it...

7 months ago - GlobeNewsWire

BofA upgrades two, downgrades two in packaging and paper ahead of earnings

BofA double upgraded LP Building Solutions (LPX) to Buy from Underperform with a $112 price target and upgraded Karat Packaging (KRT) to Buy from Neutral with a price target of…

Other symbols: GPKLPXSON
7 months ago - TheFly

Karat Packaging upgraded to Buy from Neutral at BofA

BofA upgraded Karat Packaging (KRT) to Buy from Neutral with a price target of $31, up from $28.

7 months ago - TheFly

Karat Packaging to Present at Lake Street's 9th Annual Best Ideas Growth Conference, September 11

CHINO, Calif., Aug. 28, 2025 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that...

9 months ago - GlobeNewsWire