Karat Packaging Cash Flow Statement

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
Net Income	32.66	30.82	33.18	25.84	22.44
Depreciation & Amortization	10.89	10.68	10.78	10.41	10.04
Stock-Based Compensation	1.18	2.07	0.77	2.05	2.03
Other Adjustments	13.2	8.5	10.4	6.14	-5.49
Change in Receivables	-9.83	0.56	2.86	1.85	-8.94
Changes in Inventories	-11.95	-0.94	-3.82	-16.21	-10.85
Changes in Accounts Payable	7.79	-0.26	0.7	0.09	-1.6
Changes in Accrued Expenses	-0.1	2.98	1.57	1.57	2.85
Changes in Income Taxes Payable	-0.07	0.07	-	-0.09	0.04
Changes in Unearned Revenue	-0.03	-0.28	-0.33	0.07	0.66
Changes in Other Operating Activities	-9.94	-6.2	-2.73	-2.24	-2.52
Operating Cash Flow	33.82	47.98	53.38	29.47	8.68
Operating Cash Flow Growth	-29.53%	-10.11%	81.11%	239.60%	-40.34%
Capital Expenditures	-4.51	-4.07	-9.14	-14.75	-12.38
Sale of Property, Plant & Equipment	1.51	0.13	1.34	0.08	-
Purchases of Investments	-16.75	-50.78	-49.19	-	-
Proceeds from Sale of Investments	45.15	48.86	23	-	-
Payments for Business Acquisitions	-	-	-	-	-0.9
Other Investing Activities	-	-	3.81	-3.18	-
Investing Cash Flow	25.4	-5.86	-30.17	-17.85	-13.28
Short-Term Debt Issued	4.5	-	-	21.1	1.47
Short-Term Debt Repaid	-4.5	-	-	-21.1	-34.64
Net Short-Term Debt Issued (Repaid)	0	-	-	0	-33.17
Long-Term Debt Issued	-	-	8	27.48	16
Long-Term Debt Repaid	-12.72	-1.12	-1.01	-21.57	-39.88
Net Long-Term Debt Issued (Repaid)	-12.72	-1.12	6.99	5.91	-23.89
Issuance of Common Stock	0.3	0.73	0.12	0.05	67.69
Repurchase of Common Stock	-3	-	-0.02	-	-
Net Common Stock Issued (Repurchased)	-2.7	0.73	0.11	0.05	67.69
Common Dividends Paid	-36.1	-31.02	-23.2	-6.96	-
Other Financing Activities	-1.4	-2.21	-0.06	-1.06	-
Financing Cash Flow	-52.92	-33.62	-16.17	-2.07	10.64
Net Cash Flow	6.3	8.51	7.04	9.56	6.04
Free Cash Flow	29.31	43.91	44.24	14.73	-3.7
Free Cash Flow Growth	-33.26%	-0.73%	200.37%	-	-
FCF Margin	6.27%	10.39%	10.90%	3.48%	-1.02%
Free Cash Flow Per Share	1.45	2.18	2.21	0.74	-0.20
Levered Free Cash Flow	10.86	30.82	36.49	8.4	-50.02
Unlevered Free Cash Flow	23.54	30.57	29.51	2.7	5.12

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

SEC Filings: 10-K · 10-Q