KRTNasdaqPlastics Products, NECUS GAAP · USD

Karat Packaging Inc.

Karat Packaging Inc. makes and distributes disposable foodservice packaging and related supplies for restaurants, foodservice operators, and resellers. Its portfolio spans cups, lids, containers, cutlery, straws, gloves, janitorial items, and specialty beverage ingredients, with a growing emphasis on sustainable and compostable products under brands such as Karat Earth®. The company combines import sourcing with selected U.S. manufacturing and a direct distribution network to serve customers quickly and with customized solutions.

Liikevaihto468milj. USD
+10,7 %v/v
Liikevoitto (EBIT)41,4milj. USD
+9,7 %v/v
EBIT-marginaali8,9%
−0,1 %-yks.v/v
Nettotulos31,5milj. USD
+5,0 %v/v
Vapaa kassavirta33,1milj. USD
−29,7 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

0100200300400500milj. USD2020: 296 milj. USD2020: EBIT 28 milj. USD20202021: 364 milj. USD2021: EBIT 23 milj. USD20212022: 423 milj. USD2022: EBIT 30 milj. USD20222023: 406 milj. USD2023: EBIT 42 milj. USD20232024: 423 milj. USD2024: EBIT 38 milj. USD20242025: 468 milj. USD2025: EBIT 41 milj. USD202546841
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Disposable foodservice packaging55 %

Single-use containers, cups, lids, boxes, bags and tableware used in take-out and dine-out service.

Sustainable and compostable products20 %

Biopolymer-based and other eco-friendly packaging sold to customers seeking greener alternatives.

Foodservice supplies and consumables15 %

Cutlery, straws, gloves, janitorial supplies and related operating items for foodservice businesses.

Specialty beverage ingredients5 %

Ingredients and accessories used in beverage concepts such as boba and cold drinks.

Custom services and logistics5 %

New product development, printing, e-commerce fulfillment and distribution services.

Tuotteet

Raportoitu · osuus liikevaihdosta
79,2%16,1%FY2025100 %
  • National Distribution79,2 %
  • Online16,1 %
  • Retail4,7 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Karat sells primarily to foodservice operators that need recurring, high-volume packaging and supply purchases. Its customer base includes large multi-national restaurant chains, regional restaurant groups, smaller establishments, restaurant supply distributors, and online buyers through e-commerce marketplaces. The company also serves B2B small retailers and is expanding into B2C through its online channels.

Restaurant chains

Buy cups, containers, lids and related supplies in volume for consistent brand presentation and reliable supply.

Regional and independent foodservice operators

Buy disposable packaging and operating supplies to support take-out, delivery and daily service needs.

Restaurant supply distributors

Buy Karat products for resale into a broad base of foodservice establishments.

E-commerce and marketplace customers

Buy online for convenience, broader assortment and faster procurement, including small businesses and consumers.

Strategia

Karat is shifting toward a more resilient supply chain by diversifying vendors, reducing China dependence and selectively increasing domestic production where tariffs or supply risk matter most. At the same time, it is pushing higher-margin e-commerce, expanding marketplace presence and using its logistics network to improve service speed and profitability. Management also continues to invest in sustainable products, new markets, technology and distribution capacity while returning capital through regular dividends.

Supply-chain diversificationLyhyt aikaväli

Reduces tariff exposure, import disruption risk and margin volatility.

E-commerce growthKeskipitkä aikaväli

Supports higher-margin sales and broadens reach into small business and consumer channels.

Sustainable product expansionKeskipitkä aikaväli

Matches customer demand and regulatory pressure for recyclable and compostable packaging.

Maantiede

Karat’s business is concentrated in the United States, where it operates a nationwide distribution network and multiple distribution centers near major population hubs. The company has facilities in Texas, California, Hawaii, Washington, South Carolina, New Jersey, Illinois and Arizona, which supports faster delivery and lower working capital for customers. Its sourcing is global, with meaningful exposure to imports and a stated effort to reduce reliance on China while expanding domestic production for selected categories.

Riskit

Karat is exposed to tariff changes, import disruption and freight cost swings because much of its product mix is sourced globally and shipped through a complex logistics network. Demand can also shift with foodservice regulation, consumer preferences and competitive pricing, while warehouse, cyber, weather and port disruptions can interrupt fulfillment. The company’s growth model depends on execution in sourcing, inventory, e-commerce and domestic manufacturing, all of which can affect margins and service levels.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Tariff and trade policy volatility1Supply-chain and port disruption2Regulatory and consumer preference shifts3Operational disruption at warehouses4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Tariff and trade policy volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    The company imports many products and is actively adjusting sourcing to offset tariff pressure.

    Kohdistuu: China and other overseas sourcing markets

  2. Supply-chain and port disruptionVaikutus: KorkeaTodennäköisyys: Korkea

    Delayed shipments or inventory shortages can hurt service levels and force expensive air freight.

    KohdistuuOcean freightPortsOverseas manufacturers
  3. Regulatory and consumer preference shiftsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Disposable foodservice products face environmental regulation and substitution toward sustainable materials.

    Kohdistuu: Plastic packaging and single-use products

  4. Operational disruption at warehousesVaikutus: KeskitasoTodennäköisyys: Matala

    The business relies on distribution centers for storage, production and fulfillment.

    KohdistuuEarthquakesFiresFloodsPandemicsCyberattacks

Kirjanpito

Harkinnanvaraiset erät
Seasonality

Management expects relatively more earnings and cash flow in the second and third quarters.

Vaikutus: Quarterly results may not be directly comparable across the year

Allowance for doubtful accounts

Customer credit estimates affect the carrying value of receivables.

Vaikutus: Bad-debt expense and net receivables

Goodwill and long-lived asset impairment

Valuation assumptions could trigger non-cash charges if business performance weakens.

Vaikutus: Earnings and balance-sheet carrying values

Inventory valuation and sourcing costs

Imported goods, freight and tariff changes influence inventory cost and gross margin.

Vaikutus: Cost of goods sold and margin volatility

Lease accounting

The company operates many distribution centers and related facility leases.

Vaikutus: Balance sheet liabilities and operating expense presentation

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Karat Packaging Inc. (KRT) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo