# Karat Packaging Inc. (KRT) FY2026 Q2 Balance Sheet

- Company: Karat Packaging Inc. (KRT)
- Period: As of 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-07, accession number 0001758021-26-000026
- Page: https://plicit.ai/financials/krt/fy2026-q2-balance-sheet
- Chart image: https://plicit.ai/charts/krt-fy2026-q2-balance-sheet-sankey.png

## Chart details

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.