Karat Packaging Inc (KRT)
NASDAQ:KRT
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Karat Packaging Inc (KRT) Income Statement

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Karat Packaging Inc Income Statement

Last quarter (Q2 2024), Karat Packaging Inc's total revenue was $112.60M, an increase of 3.55% from the same quarter last year. In Q2, Karat Packaging Inc's net income was $9.10M. See Karat Packaging Inc’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 409.32M$ 405.65M$ 422.96M$ 364.24M$ 295.52M$ 224.91M
Cost of Revenue
$ 255.28M$ 252.61M$ 290.87M$ -256.42M$ 206.39M$ 163.89M
Gross Profit
$ 154.05M$ 153.04M$ 132.09M$ 107.83M$ 89.13M$ 61.02M
Operating Expense
$ 118.85M$ 108.44M$ 102.07M$ -84.68M$ 61.43M$ 55.18M
Operating Income
$ 35.20M$ 42.08M$ 30.02M$ 23.14M$ 27.70M$ 5.84M
Net Non Operating Interest Income Expense
$ 594.00K$ -240.00K$ 209.00K$ -1.40M$ -5.49M$ -4.75M
Other Income Expense
$ -1.61M$ -1.38M$ -721.00K$ -5.26M$ -278.00K$ 1.86M
Pretax Income
$ 37.50M$ 42.98M$ 32.51M$ 27.53M$ 21.93M$ 2.94M
Tax Provision
$ 8.48M$ 9.80M$ 6.68M$ 5.09M$ 5.26M$ 781.00K
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 23.31M$ 32.47M$ 23.65M$ 20.78M$ 17.52M$ 1.72M
Basic EPS
$ 1.43$ 1.63$ 1.19$ 1.13$ 0.92$ 0.09
Diluted EPS
$ 1.40$ 1.63$ 1.19$ 1.12$ 0.92$ 0.09
Basic Average Shares
$ 79.81M$ 19.91M$ 19.82M$ 18.41M$ 19.12M$ 20.19M
Diluted Average Shares
$ 80.21M$ 19.98M$ 19.93M$ 18.57M$ 19.12M$ 20.19M
Dividend Per Share
$ 1.35$ 1.05$ 0.35---
Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 374.13M$ 361.05M$ 392.94M$ -341.10M$ 267.82M$ 219.07M
Net Income From Continuing And Discontinued Operation
$ 28.23M$ 32.47M$ 23.65M$ 20.78M$ 17.52M$ 1.72M
Normalized Income
$ 32.89M$ 33.06M$ 25.69M-$ 18.03M$ 205.60K
Interest Expense
----$ 5.49M$ 4.75M
EBIT
$ 42.16M$ 45.03M$ 34.53M$ 28.92M$ 27.42M$ 7.70M
EBITDA
$ 42.48M$ 60.78M$ 48.80M$ 38.98M$ 35.99M$ 13.65M
Currency in USD

Karat Packaging Inc Earnings and Revenue History

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