Karat Packaging Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $467.7 | $422.6 | $405.7 | $423.0 | $364.2 |
| Operating income | $41.4 | $37.8 | $42.1 | $30.0 | $23.1 |
| Net income | $31.5 | $30.0 | $32.5 | $23.6 | $20.8 |
| Balance Sheet | |||||
| Total debt | $35.9 | $48.6 | $49.7 | $42.7 | $36.7 |
| Cash Flow Statement | |||||
| Free cash flow | $33.1 | $47.0 | $50.5 | $26.8 | $4.5 |
| Dividends | $36.1 | $31.0 | $20.9 | $7.0 | $0.0 |
| Share repurchases | $3.0 | $0.0 | — | — | $0.0 |
Shares outstanding 19.9M
Annual filing data through FY ended December 31, 2025; float as of September 12, 2026.