Karat Packaging Q1 FY26 net income rises 4.8% to $7.1 million; net sales increase 12.9% to $116.9 million

Karat Packaging, Inc.

Karat Packaging, Inc.

KRT

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  • Karat Packaging posted Q1 net sales of $116.9 million, up 12.9% year over year, while net income rose 4.8% to $7.1 million.
  • Gross margin narrowed 3.8 percentage points to 35.5% as import duty and tariffs costs climbed to $10.5 million.
  • Adjusted EBITDA increased to $12.5 million from $11.9 million.
  • Alan Yu said select plastic items will see price increases starting mid-May, with tariff savings under current trade policy expected to begin reducing cost of goods sold in May.
  • For Q2, net sales are expected to increase 8% to 10% year over year, with gross margin seen at 35% to 37%; full-year net sales growth forecast calls for a low double-digit increase.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Karat Packaging Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605071605PRIMZONEFULLFEED9715748) on May 07, 2026, and is solely responsible for the information contained therein.

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