Karat Packaging (KRT) Gross Margin (2020 - 2026)
Karat Packaging (KRT) reported Gross Margin of 56.61% for Q2 2026, up 17.00 percentage points from 39.61% a year earlier and up 21.10 percentage points from the prior quarter.
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Analysis
Karat Packaging (KRT) Gross Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Karat Packaging's Gross Margin came in at 40.73%, up 1.55 percentage points year-over-year; for FY2025, it was 36.80%, down 2.08 percentage points from FY2024.
- Gross Margin has a five-year change of +6.64 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 38.88% in FY2024 (+1.15 pp), 37.73% in FY2023 (+6.50 pp), 31.23% in FY2022 (+1.63 pp) and 29.60% in FY2021 (-0.56 pp).
- The Q2 2026 figure ranks as the highest quarterly Gross Margin in data going back to Q1 2020.
- Year over year, Gross Margin gained in five of the last eight quarters, with an average year-over-year change of +1.27 percentage points.
- The high point for year-over-year Gross Margin in five years was Q2 2026 (a gain of 17.00 percentage points); the low point was Q4 2025 (a drop of 5.14 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 35.51% (Q1 2026), 34.03% (Q4 2025) and 34.47% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 944.30 Bn | 900.73 Bn | 49.13 Bn | 26.14% |
| 2 | Costco Wholesale | 442.04 Bn | 365.32 Bn | 12.19 Bn | 12.74% |
| 3 | Sysco | 39.13 Bn | 33.38 Bn | 4.13 Bn | 18.69% |
| 4 | Kroger | 38.19 Bn | 24.34 Bn | 7.86 Bn | 22.70% |
| 5 | Dollar General | 29.40 Bn | 24.07 Bn | 3.68 Bn | 32.60% |
| 6 | Caseys General Stores | 25.66 Bn | 23.65 Bn | 1.24 Bn | 21.82% |
| 7 | Dollar Tree | 23.48 Bn | 20.11 Bn | 2.10 Bn | 42.91% |
| 8 | US Foods Holding | 22.05 Bn | 21.85 Bn | 1.92 Bn | 18.22% |
| 9 | Tractor Supply | 17.20 Bn | 16.36 Bn | 1.68 Bn | 37.05% |
| 10 | Karat Packaging | 1.06 Bn | 888.68 Mn | 77.16 Mn | 56.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.61% |
| Mar 31, 2026 | 35.51% |
| Dec 31, 2025 | 34.03% |
| Sep 30, 2025 | 34.47% |
| Jun 30, 2025 | 39.61% |
| Mar 31, 2025 | 39.34% |
| Dec 31, 2024 | 39.18% |
| Sep 30, 2024 | 38.57% |
| Jun 30, 2024 | 38.55% |
| Mar 31, 2024 | 39.33% |
| Dec 31, 2023 | 35.67% |
| Sep 30, 2023 | 36.90% |
| Jun 30, 2023 | 38.50% |
| Mar 31, 2023 | 39.82% |
| Dec 31, 2022 | 32.01% |
| Sep 30, 2022 | 31.06% |
| Jun 30, 2022 | 29.56% |
| Mar 31, 2022 | 32.53% |
| Dec 31, 2021 | 31.00% |
| Sep 30, 2021 | 29.01% |
API Access
Karat Packaging Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=KRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "KRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=KRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();