Here are the 10-K annual reports from Karat Packaging Inc. (KRT) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow KRT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KRT filings page.
Karat Packaging Inc. filed its annual report describing a fast-growing distributor and manufacturer of disposable foodservice products, with a strong focus on eco-friendly packaging. The company sources mainly from a diversified global vendor network and complements this with selective U.S. manufacturing, which generated about 9% of net sales in 2025.
Sales to chains and distributors reached $370.6 million, supported by blue-chip restaurant customers and an expanded U.S. distribution footprint, including new warehouses in Chino, California and Mesa, Arizona. Eco-friendly products under the Karat Earth® line grew to 34.1% of 2025 sales, with more than 580 SKUs.
Karat is emphasizing paper bags and won a contract with a major national chain, helping grow paper bag revenue from $7.9 million in 2024 to $13.7 million in 2025 and targeting further scaling. The report highlights ESG initiatives, human capital investments across 696 employees, extensive risk factors, and notes that Karat remains an emerging growth and smaller reporting company until at least the end of 2026.