Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Karat Packaging Inc. (KRT)

Karat Packaging Q2 net income rises 168% to $29.6 million on tariff refunds

Mixed Impact 3 of 5 earnings Written later

Karat Packaging reported record second-quarter 2026 net sales of $136.3 million, up 9.9%, and net income of $29.6 million, up 168.3%. The filing says $20.2 million of that net income came from IEEPA tariff refunds, which will not recur at the same level, and the company expects third-quarter net sales to rise by low double digits.

Key points

  • Q2 2026 net sales were $136.3 million, up 9.9% from $124.0 million a year earlier.
  • Diluted earnings per share were $1.46, versus $0.54 in Q2 2025; the filing attributes $1.00 per share to IEEPA tariff refunds.
  • Board raised the regular quarterly dividend to $0.47 per share, payable on or about August 28, 2026.
  • Q3 2026 guidance: net sales up by low double digits and gross margin of 35% to 37%.

The filing

CompanyKarat Packaging Inc. (KRT)
Form8-K, current report
Filed with the SECAug 6, 2026, 4:24 PM ET
Accession number0001758021-26-000025

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.