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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Total Stockholders’ Equity Attributable to Karat Packaging Inc.
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Noncontrolling Interest
Balance at the beginning of period (in shares) at Dec. 31, 2024     20,059,505        
Balance at the beginning of period at Dec. 31, 2024 $ 162,199 $ 155,569 $ 20 $ (248) $ 89,457 $ 66,340 $ 6,630
Treasury stock, balance at the beginning of period (in shares) at Dec. 31, 2024       (23,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends declared (9,017) (9,017)       (9,017)  
Stock-based compensation 346 346     346    
Global Wells membership interest tax withholding (132)           (132)
Net income 6,815 6,409       6,409 406
Balance at the end of period (in shares) at Mar. 31, 2025     20,059,505        
Balance at the end of period at Mar. 31, 2025 160,211 153,307 $ 20 $ (248) 89,803 63,732 6,904
Treasury stock, balance at the end of period (in shares) at Mar. 31, 2025       (23,000)      
Balance at the beginning of period (in shares) at Dec. 31, 2024     20,059,505        
Balance at the beginning of period at Dec. 31, 2024 $ 162,199 155,569 $ 20 $ (248) 89,457 66,340 6,630
Treasury stock, balance at the beginning of period (in shares) at Dec. 31, 2024       (23,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchases of common stock, including excise tax (in shares) 0            
Net income $ 17,867            
Balance at the end of period (in shares) at Jun. 30, 2025     20,105,655        
Balance at the end of period at Jun. 30, 2025 162,706 155,847 $ 20 $ (248) 90,443 65,632 6,859
Treasury stock, balance at the end of period (in shares) at Jun. 30, 2025       (23,000)      
Balance at the beginning of period (in shares) at Mar. 31, 2025     20,059,505        
Balance at the beginning of period at Mar. 31, 2025 160,211 153,307 $ 20 $ (248) 89,803 63,732 6,904
Treasury stock, balance at the beginning of period (in shares) at Mar. 31, 2025       (23,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends declared $ (9,031) (9,031)       (9,031)  
Issuance of common stock upon vesting of restricted stock units (in shares)     35,800        
Repurchases of common stock, including excise tax (in shares) 0            
Stock-based compensation $ 445 445     445    
Exercise of stock options (in shares)     10,350        
Exercise of stock options 195 195     195    
Global Wells membership interest tax withholding (166) (3)       (3) (163)
Net income 11,052 10,934       10,934 118
Balance at the end of period (in shares) at Jun. 30, 2025     20,105,655        
Balance at the end of period at Jun. 30, 2025 $ 162,706 155,847 $ 20 $ (248) 90,443 65,632 6,859
Treasury stock, balance at the end of period (in shares) at Jun. 30, 2025       (23,000)      
Balance at the beginning of period (in shares) at Dec. 31, 2025 19,962,131   20,122,505        
Balance at the beginning of period at Dec. 31, 2025 $ 156,870 149,417 $ 20 $ (3,246) 90,939 61,704 7,453
Treasury stock, balance at the beginning of period (in shares) at Dec. 31, 2025 (160,374)     (160,374)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends declared $ (8,983) (8,983)       (8,983)  
Stock-based compensation 242 242     242    
Exercise of stock options (in shares)     1,600        
Exercise of stock options 30 30     30    
Global Wells membership interest tax withholding (127)           (127)
Net income 7,141 6,741       6,741 400
Balance at the end of period (in shares) at Mar. 31, 2026     20,124,105        
Balance at the end of period at Mar. 31, 2026 $ 155,173 147,447 $ 20 $ (3,246) 91,211 59,462 7,726
Treasury stock, balance at the end of period (in shares) at Mar. 31, 2026       (160,374)      
Balance at the beginning of period (in shares) at Dec. 31, 2025 19,962,131   20,122,505        
Balance at the beginning of period at Dec. 31, 2025 $ 156,870 149,417 $ 20 $ (3,246) 90,939 61,704 7,453
Treasury stock, balance at the beginning of period (in shares) at Dec. 31, 2025 (160,374)     (160,374)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Repurchases of common stock, including excise tax (in shares) (74,000)            
Exercise of stock options (in shares) 1,600            
Net income $ 36,790            
Balance at the end of period (in shares) at Jun. 30, 2026 19,922,721   20,156,605        
Balance at the end of period at Jun. 30, 2026 $ 174,275 166,471 $ 20 $ (5,249) 91,807 79,893 7,804
Treasury stock, balance at the end of period (in shares) at Jun. 30, 2026 (233,884)     (233,884)      
Balance at the beginning of period (in shares) at Mar. 31, 2026     20,124,105        
Balance at the beginning of period at Mar. 31, 2026 $ 155,173 147,447 $ 20 $ (3,246) 91,211 59,462 7,726
Treasury stock, balance at the beginning of period (in shares) at Mar. 31, 2026       (160,374)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends declared $ (8,970) (8,970)       (8,970)  
Issuance of common stock upon vesting of restricted stock units (in shares)     32,500        
Repurchases of common stock, including excise tax (in shares) (74,000)     (73,510)      
Repurchases of common stock, including excise tax $ (2,003) (2,003)   $ (2,003)      
Stock-based compensation 596 596     596    
Global Wells membership interest tax withholding (170) 70       70 (240)
Net income $ 29,649 29,331       29,331 318
Balance at the end of period (in shares) at Jun. 30, 2026 19,922,721   20,156,605        
Balance at the end of period at Jun. 30, 2026 $ 174,275 $ 166,471 $ 20 $ (5,249) $ 91,807 $ 79,893 $ 7,804
Treasury stock, balance at the end of period (in shares) at Jun. 30, 2026 (233,884)     (233,884)