Karat Packaging Inc. (KRT) FY2026 Q2 Balance Sheet

Karat Packaging Inc. (KRT) FY2026 Q2 Balance Sheet

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

Assets

316,813,000 US dollars

Current assets

199,342,000 US dollars

Non-current assets

117,471,000 US dollars

Liabilities

142,538,000 US dollars

Current liabilities

88,551,000 US dollars

Non-current liabilities

53,987,000 US dollars

Equity

174,275,000 US dollars

Noncontrolling interest

7,804,000 US dollars. Included in consolidated equity; this amount is not added again.

Inventories

89,085,000 US dollars

Accounts receivable, net of allowance for bad debt of $1,009 and $581 at June 30, 2026 and December 31, 2025, respectively (including $0 and $4 associated with variable interest entity at June 30, 2026 and December 31, 2025, respectively)

49,208,000 US dollars

Cash and cash equivalents (including $1,350 and $1,488 associated with variable interest entity at June 30, 2026 and December 31, 2025, respectively)

38,399,000 US dollars

Short-term investments

15,744,000 US dollars

Prepaid expenses and other current assets (including $322 and $314 associated with variable interest entity at June 30, 2026 and December 31, 2025, respectively)

6,906,000 US dollars

Property and equipment, net (including $41,152 and $41,758 associated with variable interest entity at June 30, 2026 and December 31, 2025, respectively)

77,418,000 US dollars

Operating right-of-use assets

34,800,000 US dollars

Goodwill

3,510,000 US dollars

Other non-current assets (including $98 and $68 associated with variable interest entity at June 30, 2026 and December 31, 2025, respectively)

1,228,000 US dollars

Intangible assets, net

260,000 US dollars

Deferred tax assets

255,000 US dollars

Accounts payable (including $0 and $97 associated with variable interest entity as of June 30, 2026 and December 31, 2025, respectively) - Nonrelated Party

33,997,000 US dollars

Accrued expenses (including $324 and $535 associated with variable interest entity at June 30, 2026 and December 31, 2025, respectively)

15,940,000 US dollars

Operating lease liabilities, current portion

12,270,000 US dollars

Long-term debt, current portion (including $12,084 and $12,941 associated with variable interest entity at June 30, 2026 and December 31, 2025, respectively)

12,084,000 US dollars

Accounts payable (including $0 and $97 associated with variable interest entity as of June 30, 2026 and December 31, 2025, respectively) - Related Party

7,390,000 US dollars

Income taxes payable

5,705,000 US dollars

Deferred revenue

1,054,000 US dollars

Other current liabilities (including $43 and $49 associated with variable interest entity at June 30, 2026 and December 31, 2025, respectively)

111,000 US dollars

Operating lease liabilities, net of current portion

25,843,000 US dollars

Long-term debt, net of current portion and debt discount of $46 and $78 at June 30, 2026 and December 31, 2025, respectively (including $22,518 and $22,862 associated with variable interest entity at June 30, 2026 and December 31, 2025, respectively, and debt discount of $46 and $78 associated with variable interest entity at June 30, 2026 and December 31, 2025, respectively)

22,518,000 US dollars

Deferred tax liabilities

2,936,000 US dollars

Other non-current liabilities (including $1,208 and $1,224 associated with variable interest entity at June 30, 2026 and December 31, 2025 respectively)

2,690,000 US dollars

Additional paid in capital

91,807,000 US dollars

Retained earnings

79,893,000 US dollars

Common stock, $0.001 par value, 100,000,000 shares authorized, 20,156,605 and 19,922,721 shares issued and outstanding, respectively, as of June 30, 2026 and 20,122,505 and 19,962,131 shares issued and outstanding, respectively, as of December 31, 2025

20,000 US dollars

Preferred stock, $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding, as of both June 30, 2026 and December 31, 2025

0 US dollars

Noncontrolling interest

7,804,000 US dollars

Treasury stock, $0.001 par value, 233,884 and 160,374 shares as of June 30, 2026 and December 31, 2025, respectively

negative 5,249,000 US dollars

Gross equity (calculated)

179,524,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.