KRT · Karat Packaging Inc.
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. Karat Packaging reported record Q2 net sales of $136.3 million (+9.9% YoY), driven by 23.6% online growth and IEEPA tariff refunds that boosted gross margin to 56.6% and net income to $29.6 million (+168.3%). The company raised full-year gross margin guidance to the low 40% (including first-half tariff refunds) and guided Q3 to 35–37% gross margin and 9–11% adjusted EBITDA margin.
- + Record quarterly net sales of $136.3 million, up 9.9% YoY
- + Net income jumped 168.3% to $29.6 million, aided by $25.8M in IEEPA tariff refunds
- + Raised full-year gross margin guidance to low 40% including first-half IEEPA tariff refunds
- + Added four new chain accounts in Q2; plans to begin shipping in Q4
- − Retail channel sales declined 23.4% YoY
- − Operating expenses rose 21.5% YoY to $39.6M on higher shipping, salaries, and fuel costs
- − Underlying gross margin (excluding IEEPA refunds) was 37.7% versus 39.6% prior-year reported, and product/import cost ratios worsened
- − Q3 guidance implies sharp sequential margin compression: gross margin 35–37% and adjusted EBITDA margin 9–11%
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Effective tax rate | 24% | three months ended June 30, 2026 filing | — |
| Gross margin | 56.6% | three months ended June 30, 2026 filing | — |
| Adjusted diluted earnings per common shares non-GAAP | $1.83 | Six Months Ended June 30, 2026 | — |
| Adjusted EBITDA non-GAAP | $54.1M | first half of 2026 | — |
| Adjusted EBITDA margin non-GAAP | 21.4% | first half of 2026 | — |
| Online sales growth | 23.6% | second quarter of 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Packaging & Containers — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
KRT
this stock
Karat Packaging Inc.
|
$1.06B | +141.8% | +10.7% | 21.2 | 2.2% |
|
SW
Smurfit Westrock plc
|
$24.34B | +10.0% | +47.7% | 49.4 | 4.6% |
|
PKG
Packaging Corp Of America
|
$21.13B | +10.8% | +7.2% | 30.8 | 3.8% |
|
AMCR
Amcor plc
|
$19.78B | — | +56.6% | 18.0 | 4.7% |
|
IP
International Paper Co /New/
|
$18.55B | -18.8% | +49.3% | — | 8.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| KRT | +2.8% | +16.0% | +85.0% | +3.8% | +141.8% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | +3.0% | +16.4% | +72.8% | +2.9% | +128.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.