Karat Packaging Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	37.88	31.58	23.08	16.04	-
Short-Term Investments	-	28.34	26.34	-	-
Cash & Short-Term Investments	37.88	59.93	49.42	16.04	-
Cash Growth	-36.79%	21.26%	208.08%	-	-
Accounts Receivable	36.4	26.74	27.76	29.91	-
Inventory	81.68	70.72	71.53	71.21	-
Other Current Assets	5.22	3.61	6.22	6.64	-
Total Current Assets	161.19	161	154.93	123.8	-
Net Property, Plant & Equipment	121.46	128.61	115.97	111.28	-
Other Intangible Assets	0.27	0.3	0.33	0.35	-
Goodwill	3.51	3.51	3.51	3.51	-
Other Long-Term Assets	1.26	1.11	1.67	13.23	-
Total Assets	287.69	294.52	276.4	252.18	-
Accounts Payable	26.32	17.83	18.45	18.56	-
Accrued Expenses	13.46	13.56	10.58	9.01	-
Current Portion of Long-Term Debt	12.94	1.18	1.12	0.96	-
Current Portion of Leases	11.98	8.98	4.8	4.51	-
Unearned Revenue	0.71	0.74	0.95	1.28	-
Other Current Liabilities	4.8	4.16	8.51	4.94	-
Total Current Liabilities	70.22	46.45	44.4	39.25	-
Long-Term Debt	22.86	47.28	48.4	41.56	-
Long-Term Leases	32.07	35.44	16.69	11.62	-
Other Long-Term Liabilities	5.66	3.16	4.22	7.81	-
Total Long-Term Liabilities	60.6	85.88	69.31	60.99	-
Total Liabilities	130.82	132.32	113.71	100.24	-
Common Stock	0.02	0.02	0.02	0.02	-
Treasury Stock	-3.25	-0.25	-0.25	-0.25	-
Additional Paid-in Capital	90.94	89.46	86.67	85.79	-
Retained Earnings	61.7	66.34	67.68	56.12	-
Total Common Shareholders' Equity	149.42	155.57	154.12	141.68	-
Minority Interest	7.45	6.63	8.57	10.25	-
Shareholders' Equity	156.87	162.2	162.69	151.93	-
Total Liabilities & Equity	287.69	294.52	276.4	252.18	-
Total Debt	79.86	92.87	71.01	58.65	0
Net Cash (Debt)	-41.98	-32.94	-21.59	-42.61	-0
Net Cash Per Share	-2.08	-1.64	-1.08	-2.14	-
Book Value	149.42	155.57	154.12	141.68	0
Book Value Per Share	7.40	7.73	7.71	7.11	-
Tangible Book Value	145.63	151.76	150.28	137.82	0
Tangible Book Value Per Share	7.22	7.54	7.52	6.92	-

Updated Mar 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q