10-Q quarterly report · filed Aug 7, 2026

Karat Packaging Inc. (KRT) Q2 2026 10-Q Quarterly Report

Short answer

Karat Packaging Inc. (KRT) filed its Q2 2026 10-Q quarterly report on Aug 7, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $136M (up 9.9% year over year) with net income of $29M.

Q2 2026 key financials · XBRL

Revenue
$136M
+9.9% YoY · +16.6% QoQ
Net income
$29M
+168.3% YoY · +335.1% QoQ
Operating margin
27.6%
Gross margin
56.6%
EPS (diluted)
$1.46
+170.4% YoY · +329.4% QoQ

Source: XBRL data from the Karat Packaging Inc. (KRT) Q2 2026 10-Q on SEC EDGAR. USD.

Karat Packaging Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $136.3M, up 9.9% YoY from $124.0M, driven by $13.1M volume and product mix
  • Gross margin 56.6% vs 39.6% YoY, including 1,890-basis-point tariff-refund benefit
  • Net income $29.6M, up 168.3% YoY from $11.1M; net margin 21.8% vs 8.9%
  • Operating cash flow $33.2M, up 240.0% YoY; cash and equivalents $38.4M at June 30
  • Tariff refunds provided $25.8M COGS reduction; headwinds from tariffs, ocean freight, raw materials, and supply-chain disruption risks

Risk Factors

  • No material changes to 2025 Form 10-K risk factors
  • Financial risk: $15.0 million share-repurchase authorization, with $10.022 million remaining
  • Financing risk: May 11, 2026 change-in-terms agreement with Hanmi Bank

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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