Karat Packaging Inc
NASDAQ:KRT
Income Statement
Earnings Waterfall
Karat Packaging Inc
Income Statement
Karat Packaging Inc
| Jun-2019 | Sep-2019 | Dec-2019 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Interest Expense |
3
|
4
|
5
|
1
|
5
|
4
|
5
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
3
|
4
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
|
| Revenue |
108
N/A
|
169
+56%
|
225
+33%
|
133
-41%
|
296
+123%
|
222
-25%
|
317
+42%
|
343
+8%
|
364
+6%
|
394
+8%
|
414
+5%
|
422
+2%
|
423
+0%
|
413
-2%
|
407
-1%
|
403
-1%
|
406
+1%
|
405
0%
|
409
+1%
|
417
+2%
|
423
+1%
|
431
+2%
|
442
+3%
|
454
+3%
|
|
| Gross Profit | |||||||||||||||||||||||||
| Cost of Revenue |
(79)
|
(123)
|
(164)
|
(95)
|
(206)
|
(158)
|
(225)
|
(244)
|
(256)
|
(273)
|
(288)
|
(291)
|
(291)
|
(277)
|
(263)
|
(254)
|
(253)
|
(253)
|
(255)
|
(258)
|
(258)
|
(263)
|
(269)
|
(281)
|
|
| Gross Profit |
30
N/A
|
46
+56%
|
61
+32%
|
38
-38%
|
89
+135%
|
64
-28%
|
92
+44%
|
99
+7%
|
108
+9%
|
121
+12%
|
126
+5%
|
131
+3%
|
132
+1%
|
136
+3%
|
144
+6%
|
149
+3%
|
153
+3%
|
152
0%
|
154
+1%
|
159
+3%
|
164
+4%
|
167
+2%
|
173
+3%
|
173
0%
|
|
| Operating Income | |||||||||||||||||||||||||
| Operating Expenses |
(26)
|
(41)
|
(55)
|
(30)
|
(61)
|
(51)
|
(72)
|
(81)
|
(85)
|
(87)
|
(97)
|
(99)
|
(102)
|
(103)
|
(103)
|
(104)
|
(108)
|
(111)
|
(116)
|
(121)
|
(124)
|
(129)
|
(130)
|
(133)
|
|
| Selling, General & Administrative |
(26)
|
(41)
|
(55)
|
(30)
|
(61)
|
(51)
|
(72)
|
(81)
|
(85)
|
(92)
|
(97)
|
(99)
|
(102)
|
(103)
|
(103)
|
(104)
|
(108)
|
(110)
|
(114)
|
(118)
|
(120)
|
(125)
|
(126)
|
(128)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
3
N/A
|
5
+41%
|
6
+21%
|
8
+38%
|
28
+246%
|
13
-53%
|
20
+53%
|
18
-8%
|
23
+27%
|
34
+47%
|
30
-12%
|
32
+8%
|
30
-7%
|
33
+11%
|
41
+24%
|
44
+8%
|
45
+0%
|
42
-6%
|
38
-10%
|
38
+0%
|
41
+7%
|
38
-6%
|
43
+12%
|
40
-7%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||
| Interest Income Expense |
(3)
|
(5)
|
(5)
|
(2)
|
(6)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
1
|
2
|
2
|
0
|
(1)
|
(0)
|
(0)
|
1
|
1
|
0
|
1
|
1
|
(2)
|
(1)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
5
|
5
|
5
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(2)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(1)
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
2
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(0)
|
(0)
|
(0)
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
3
|
3
|
3
|
|
| Pre-Tax Income |
3
N/A
|
3
-10%
|
3
+12%
|
6
+121%
|
22
+242%
|
12
-47%
|
23
+94%
|
22
-3%
|
28
+26%
|
34
+23%
|
32
-6%
|
35
+9%
|
33
-6%
|
34
+4%
|
39
+15%
|
43
+10%
|
43
+0%
|
39
-8%
|
37
-5%
|
37
0%
|
41
+9%
|
41
+1%
|
44
+6%
|
42
-4%
|
|
| Net Income | |||||||||||||||||||||||||
| Tax Provision |
(0)
|
(0)
|
(1)
|
(2)
|
(5)
|
(3)
|
(4)
|
(4)
|
(5)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(10)
|
(9)
|
(8)
|
(8)
|
(10)
|
(10)
|
(11)
|
(10)
|
|
| Income from Continuing Operations |
3
|
2
|
2
|
5
|
17
|
9
|
19
|
18
|
22
|
27
|
25
|
27
|
26
|
27
|
31
|
34
|
33
|
30
|
29
|
29
|
31
|
31
|
33
|
31
|
|
| Income to Minority Interest |
(1)
|
(0)
|
(0)
|
(1)
|
1
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Net Income (Common) |
2
N/A
|
2
+12%
|
2
-11%
|
4
+135%
|
18
+338%
|
7
-61%
|
16
+141%
|
16
-2%
|
21
+29%
|
26
+24%
|
22
-13%
|
25
+10%
|
24
-4%
|
26
+10%
|
30
+16%
|
33
+10%
|
32
-2%
|
30
-9%
|
28
-5%
|
28
0%
|
30
+6%
|
30
+1%
|
32
+6%
|
30
-6%
|
|
| EPS (Diluted) |
0.09
N/A
|
0.1
+11%
|
0.09
-10%
|
0.2
+122%
|
0.89
+345%
|
0.44
-51%
|
0.88
+100%
|
0.8
-9%
|
1.12
+40%
|
1.31
+17%
|
1.13
-14%
|
1.25
+11%
|
1.19
-5%
|
1.31
+10%
|
1.52
+16%
|
1.67
+10%
|
1.63
-2%
|
1.49
-9%
|
1.41
-5%
|
1.41
N/A
|
1.49
+6%
|
1.5
+1%
|
1.59
+6%
|
1.5
-6%
|
|