Karat Packaging Inc. (KRT)

USD 29.7

(-5.35%)

Net Income Summary of Karat Packaging Inc.

Karat Packaging Inc.'s latest annual net income in 2023 was 32.47 Million USD , up 37.31% from previous year.
Karat Packaging Inc.'s latest quarterly net income in 2024 Q2 was 9.1 Million USD , up 47.58% from previous quarter.
Karat Packaging Inc. reported an annual net income of 23.64 Million USD in 2022, up 13.81% from previous year.
Karat Packaging Inc. reported an annual net income of 20.77 Million USD in 2021, up 18.62% from previous year.
Karat Packaging Inc. reported a quarterly net income of 6.16 Million USD for 2024 Q1, up 58.18% from previous quarter.
Karat Packaging Inc. reported a quarterly net income of 3.89 Million USD for 2023 Q4, down -57.0% from previous quarter.

Annual Net Income Chart of Karat Packaging Inc. (2023 - 2017)

Historical Annual Net Income of Karat Packaging Inc. (2023 - 2017)

Year	Net Income	Net Income Growth
2023	32.47 Million USD	37.31%
2022	23.64 Million USD	13.81%
2021	20.77 Million USD	18.62%
2020	17.51 Million USD	916.07%
2019	1.72 Million USD	8109.52%
2018	21 Thousand USD	-99.54%
2017	4.54 Million USD	0.0%

Year	Net Income	Net Income Growth
2024 Q2	9.1 Million USD	47.58%
2024 Q1	6.16 Million USD	58.18%
2023 Q4	3.89 Million USD	-57.0%
2023 FY	32.47 Million USD	37.31%
2023 Q3	9.06 Million USD	-13.68%
2023 Q2	10.5 Million USD	16.62%
2023 Q1	9 Million USD	98.3%
2022 FY	23.64 Million USD	13.81%
2022 Q3	6.09 Million USD	-3.91%
2022 Q2	6.34 Million USD	-4.84%
2022 Q1	6.66 Million USD	18.44%
2022 Q4	4.54 Million USD	-25.51%
2021 Q2	9.58 Million USD	438.37%
2021 Q4	5.62 Million USD	48.68%
2021 FY	20.77 Million USD	18.62%
2021 Q1	1.78 Million USD	93.06%
2021 Q3	3.78 Million USD	-60.49%
2020 FY	17.51 Million USD	916.07%
2020 Q1	2.45 Million USD	1970.99%
2020 Q4	922 Thousand USD	-77.36%
2020 Q3	4.07 Million USD	-59.57%
2020 Q2	10.07 Million USD	310.93%
2019 Q2	1.68 Million USD	84150.0%
2019 Q1	-2000.00 USD	97.94%
2019 FY	1.72 Million USD	8109.52%
2019 Q4	-131 Thousand USD	-174.43%
2019 Q3	176 Thousand USD	-89.53%
2018 Q4	-97 Thousand USD	0.0%
2018 Q2	1.8 Million USD	197.88%
2018 Q1	-1.84 Million USD	-93.79%
2018 FY	21 Thousand USD	-99.54%
2017 Q4	-950 Thousand USD	0.0%
2017 FY	4.54 Million USD	0.0%

Peer Net Income Comparison of Karat Packaging Inc.

Name	Net Income	Net Income Difference
Millennium Group International Holdings Limited	-8.77 Million USD	470.238%
Eightco Holdings Inc.	-68.32 Million USD	147.526%
Pactiv Evergreen Inc.	-223 Million USD	114.561%
Reynolds Consumer Products Inc.	298 Million USD	89.104%
TriMas Corporation	40.36 Million USD	19.549%
Yunhong Green CTI Ltd.	-235 Thousand USD	13917.021%