Karat Packaging Inc. manufactures and distributes single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand. The company offers its products to domestic and regional distributors, restaurant chains, retail establishments, and online customers. It also provides new product development, design, printing, and logistics services. Karat Packaging Inc. was founded in 2000 and is based in Chino, California.
Revenue of Karat Packaging Inc. (KRT)
Revenue in 2023 (TTM): $405.65 M
According to Karat Packaging Inc.'s latest financial reports the company's current revenue (TTM) is $405.65 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Karat Packaging Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $405.65 M | $153.04 M | $60.35 M | $42.98 M | $32.47 M |
| 2022 | $422.96 M | $132.09 M | $48.76 M | $32.51 M | $23.65 M |
| 2021 | $364.24 M | $107.83 M | $33.19 M | $27.53 M | $20.78 M |
| 2020 | $295.52 M | $89.13 M | $36.27 M | $21.93 M | $17.52 M |
| 2019 | $224.91 M | $61.02 M | $11.79 M | $2.95 M | $1.72 M |
| 2018 | $175.43 M | $43.46 M | $6.09 M | $1.55 M | $21 K |
| 2017 | $140.06 M | $41.31 M | $9.13 M | $4.65 M | $4.55 M |