Karat Packaging (KRT) Net Income (2020 - 2026)
Karat Packaging (KRT) posted Net Income of $29.6 million for Q2 2026, up 315.19% on a QoQ basis from $7.1 million in Q1 2026, and up 168.27% year-over-year from $11.1 million in Q2 2025.
Analysis
Karat Packaging (KRT) Net Income (2020 - 2026) Analysis & Trends
Karat Packaging has reported Net Income for 7 years, with the latest figure at $29.6 million in Q2 2026.
- On a quarterly basis, Net Income rose 168.27% year-over-year to $29.6 million in Q2 2026; TTM through Jun 2026 was $51.6 million, a 56.38% increase from a year earlier, with the FY2025 full-year figure at $32.7 million, up 5.97% from the prior year.
- Net Income was $29.6 million for Q2 2026 at Karat Packaging, up from $7.1 million in the prior quarter.
- The five-year high for Net Income was $29.6 million in Q2 2026, with the low at $4.2 million in Q4 2023.
- Average Net Income over 5 years is $8.8 million, with a median of $7.4 million recorded in 2022.
- The sharpest annual moves came in 2024 and 2026: Net Income dropped 29.5% in 2024, then soared 168.27% in 2026.
- Over 5 years, Net Income stood at $4.5 million in 2022, then dropped by 8.02% to $4.2 million in 2023, then soared by 40.27% to $5.9 million in 2024, then climbed by 22.79% to $7.2 million in 2025, then jumped by 312.14% to $29.6 million in 2026.
- The last three Net Income figures came in at $29.6 million (Q2 2026), $7.1 million (Q1 2026), and $7.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Sysco | 38.34 Bn | 36.56 Bn | 4.13 Bn | 551.00 Mn |
| 2 | US Foods Holding | 22.50 Bn | 22.45 Bn | 1.92 Bn | 275.00 Mn |
| 3 | Performance Food | 15.40 Bn | 15.31 Bn | 2.17 Bn | 162.30 Mn |
| 4 | Chefs' Warehouse | 4.66 Bn | 4.53 Bn | 292.89 Mn | 33.77 Mn |
| 5 | United Natural Foods | 2.67 Bn | 2.63 Bn | 1.05 Bn | 33.00 Mn |
| 6 | Karat Packaging | 964.06 Mn | 917.72 Mn | 77.16 Mn | 29.65 Mn |
| 7 | G Willi Food International | 359.40 Mn | 313.05 Mn | 18.94 Mn | 11.90 Mn |
| 8 | HF Foods | 95.40 Mn | 96.45 Mn | 55.05 Mn | 2.62 Mn |
| 9 | Amcon Distributing | 66.02 Mn | 65.38 Mn | 49.80 Mn | 2.69 Mn |
| 10 | Marwynn Holdings | 25.85 Mn | 25.70 Mn | 481,872.00 | 244,434.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.65 Mn |
| Mar 31, 2026 | 7.14 Mn |
| Dec 31, 2025 | 7.19 Mn |
| Sep 30, 2025 | 7.60 Mn |
| Jun 30, 2025 | 11.05 Mn |
| Mar 31, 2025 | 6.82 Mn |
| Dec 31, 2024 | 5.86 Mn |
| Sep 30, 2024 | 9.26 Mn |
| Jun 30, 2024 | 9.23 Mn |
| Mar 31, 2024 | 6.48 Mn |
| Dec 31, 2023 | 4.18 Mn |
| Sep 30, 2023 | 9.14 Mn |
| Jun 30, 2023 | 10.68 Mn |
| Mar 31, 2023 | 9.19 Mn |
| Dec 31, 2022 | 4.54 Mn |
| Sep 30, 2022 | 6.15 Mn |
| Jun 30, 2022 | 7.20 Mn |
| Mar 31, 2022 | 7.94 Mn |
| Dec 31, 2021 | 5.98 Mn |
| Sep 30, 2021 | 4.07 Mn |