Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2026

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 period by the weighted average number of common shares outstanding during the period.

	Three Months Ended March 31,
	2026		2025
	(in thousands, except per share data)
Net income attributable to Karat Packaging Inc.	$	6,741	$	6,409
Weighted average number of common shares outstanding	19,963		20,037
Basic earnings per share	$	0.34	$	0.32

The following table summarizes the calculation of diluted earnings per share:

	Three Months Ended March 31,
	2026		2025
	(in thousands, except per share data)
Net income attributable to Karat Packaging Inc.	$	6,741	$	6,409
Weighted average number of common shares outstanding	19,963		20,037
Dilutive shares
Stock options and restricted stock units	110		162
Adjusted weighted average number of common shares	20,073		20,199
Diluted earnings per share	$	0.34	$	0.32