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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
Basic earnings per share is calculated by dividing the net income attributable to equity holders of the Company for the year by the weighted average number of common shares outstanding during the period.
Year Ended December 31,
20252024
(in thousands, except per share data)
Net income attributable to Karat Packaging Inc.$31,478 $29,975 
Weighted average shares20,058 20,002 
Basic earnings per share$1.57 $1.50 
The following table summarizes the calculation of diluted earnings per share:
Year Ended December 31,
20252024
(in thousands, except per share data)
Net income attributable to Karat Packaging Inc.$31,478 $29,975 
Weighted average shares20,058 20,002 
Dilutive shares
Stock options and restricted stock units122 122 
Total dilutive shares20,180 20,124 
Diluted earnings per share$1.56 $1.49