Karat Packaging (KRT) Gross Margin (2020 - 2026)

Karat Packaging's Gross Margin history runs 7 years deep, the most recent figure standing at 35.51% for Q1 2026.

• In Q1 2026, Gross Margin fell 383.0% year-over-year to 35.51%; the TTM figure through Mar 2026 stood at 35.94% (down 295.0% YoY), while the FY2025 annual figure was 36.8%, down 208.0% from the prior year.
• Gross Margin was 35.51% for Q1 2026 at Karat Packaging, up from 34.03% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 715.66% in Q4 2023 to a low of 29.56% in Q2 2022.
• Historically, Gross Margin has averaged 76.15% across 5 years, with a median of 38.5% in 2023.
• The sharpest annual moves came in 2023 and 2024: Gross Margin soared 68365 bps in 2023, then sank 67648 bps in 2024.
• A 5-year view of Gross Margin shows it stood at 32.01% in 2022, then surged by 2136 bps to 715.66% in 2023, then plunged by 95 bps to 39.18% in 2024, then decreased by 13 bps to 34.03% in 2025, then gained by 4 bps to 35.51% in 2026.
• The last three Gross Margin figures came in at 35.51% (Q1 2026), 34.03% (Q4 2025), and 34.47% (Q3 2025), per Business Quant data.