$KRT Income Statement | Understand Stock

$KRT

$53.40 -$1.07 (1.96%) Close

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of income

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Net sales
Cost of goods sold
Gross profit
Operating expenses
Selling expenses
General and administrative expenses (including $2,855 and $2,358 associated with variable interest entity for the year ended December 31, 2025 and 2024, respectively)
(Gain) loss, net, on disposal of machinery and impairment expense
Total operating expenses
Operating income
Other income (expenses)
Rental income (including $1,516 and $1,038 associated with variable interest entity for the year ended December 31, 2025 and 2024, respectively)
Other income
Other income (expenses), net
Other income, net
(Loss) gain on foreign currency transactions
Gain on sale of asset
Interest expense, net (including $0.5 million and $2.9 million associated with variable interest entity for the years ended December 31, 2021 and 2020, respectively)
Interest income (including $586 and $470 associated with variable interest entity for the year ended December 31, 2025 and 2024, respectively)
Interest expense (including $2,019 and $1,821 associated with variable interest entity for the years ended December 31, 2023 and 2022, respectively)
Gain on forgiveness of debt
Interest expense (including $1,966 and $2,062 associated with variable interest entity for the year ended December 31, 2025 and 2024, respectively)
Total other income, net
Income before provision for income taxes

Provision for income taxes
Net income
Net income attributable to noncontrolling interest
Net income attributable to Karat Packaging Inc.
Basic and diluted earnings per share:
Basic (in dollars per share)
Diluted (in dollars per share)
Weighted average common shares outstanding, basic (in shares)
Weighted average common shares outstanding, diluted (in shares)

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