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AI brief of an SEC Form 8-K · Karat Packaging Inc. (KRT)

Karat Packaging Q3 sales up 8.2% to $134.7 million, net income down to $4.7 million

Mixed Impact 3 of 5 earnings Written later

Karat Packaging reported third-quarter 2026 net sales of $134.7 million, up 8.2% from a year earlier, but net income fell to $4.7 million from $7.6 million as gross margin declined to 33.5% from 34.5%. The company said higher import, shipping and resin costs pressured margins, and it expects fourth-quarter net sales to rise 9% to 11%.

Key points

  • Q3 net sales $134.7 million, up 8.2% from $124.5 million; online sales grew nearly 38%.
  • Net income $4.7 million vs. $7.6 million; diluted EPS $0.22 vs. $0.36.
  • Adjusted EBITDA $8.9 million (6.6% margin) vs. $13.1 million (10.5% margin) a year earlier.
  • Board approved a $0.47 per share quarterly dividend, payable November 27, 2026, to holders of record November 19, 2026.

The filing

CompanyKarat Packaging Inc. (KRT)
Form8-K, current report
Filed with the SECNov 5, 2026, 4:12 PM ET
Accession number0001758021-26-000033

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 November 05, 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.