Short answer
Karat Packaging Inc. (KRT) filed its Q1 2026 10-Q quarterly report on May 8, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $117M (up 12.9% year over year) with net income of $7M.
Q1 2026 key financials · XBRL
- Revenue
- $117M
- +12.9% YoY
- Net income
- $7M
- +5.2% YoY
- Operating margin
- 7.2%
- Gross margin
- 35.5%
- EPS (diluted)
- $0.34
- +6.3% YoY
Source: XBRL data from the Karat Packaging Inc. (KRT) Q1 2026 10-Q on SEC EDGAR. USD.
Karat Packaging Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $116.9M, up 12.9% YoY from $103.6M, driven by $12.1M volume and mix gains
- Gross margin 35.5% vs 39.3% YoY, pressured by import costs and higher tariffs
- Net income $7.1M, margin 6.1% vs 6.6% YoY
- Operating cash flow $7.2M vs $7.7M YoY; free cash flow $6.3M vs $6.6M
- Liquidity $36.4M, including $28.7M cash and $7.7M credit availability; $5.7M short-term investments
Risk Factors
- No material changes to 2025 Form 10-K risk factors
- Carried-forward risks incorporated by reference without quarterly updates
- No new regulatory, legal, or compliance risk disclosed
- No new operational, competitive, or market risk disclosed
- No new liquidity, debt, currency, or concentration risk disclosed
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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