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Side-by-side financial comparison of BASSETT FURNITURE INDUSTRIES INC (BSET) and Karat Packaging Inc. (KRT). Click either name above to swap in a different company.

Karat Packaging Inc. is the larger business by last-quarter revenue ($115.6M vs $80.1M, roughly 1.4× BASSETT FURNITURE INDUSTRIES INC). Karat Packaging Inc. runs the higher net margin — 5.9% vs 1.0%, a 4.9% gap on every dollar of revenue. On growth, Karat Packaging Inc. posted the faster year-over-year revenue change (13.7% vs 5.9%). Karat Packaging Inc. produced more free cash flow last quarter ($15.1M vs $-2.6M). Over the past eight quarters, Karat Packaging Inc.'s revenue compounded faster (10.0% CAGR vs -10.7%).

Bassett Furniture Industries, Inc. is a furniture manufacturer and retailer, headquartered in Bassett, Virginia, United States. It was founded in 1902 by John D. Bassett, Charles C. Bassett, Samuel H. Bassett, and Reed L. Stone. Bassett Furniture is one of the oldest furniture manufacturers in Virginia. The company began when the founders, operating a family sawmill in the foothills of the Blue Ridge Mountains, decided to use surplus lumber to produce bedroom furniture. According to oral hist...

Karat Packaging Inc. is a specialty manufacturer and distributor of disposable foodservice packaging products. Its offerings include paper and plastic cups, food containers, cutlery, lids, and custom branded solutions, serving restaurant chains, cafes, catering operators, and retail foodservice clients primarily across North America.

BSET vs KRT — Head-to-Head

Bigger by revenue
KRT
KRT
1.4× larger
KRT
$115.6M
$80.1M
BSET
Growing faster (revenue YoY)
KRT
KRT
+7.8% gap
KRT
13.7%
5.9%
BSET
Higher net margin
KRT
KRT
4.9% more per $
KRT
5.9%
1.0%
BSET
More free cash flow
KRT
KRT
$17.8M more FCF
KRT
$15.1M
$-2.6M
BSET
Faster 2-yr revenue CAGR
KRT
KRT
Annualised
KRT
10.0%
-10.7%
BSET

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BSET
BSET
KRT
KRT
Revenue
$80.1M
$115.6M
Net Profit
$801.0K
$6.8M
Gross Margin
56.2%
34.0%
Operating Margin
0.7%
7.3%
Net Margin
1.0%
5.9%
Revenue YoY
5.9%
13.7%
Net Profit YoY
117.8%
21.3%
EPS (diluted)
$0.09
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BSET
BSET
KRT
KRT
Q4 25
$115.6M
Q3 25
$80.1M
$124.5M
Q2 25
$84.3M
$124.0M
Q1 25
$103.6M
Q4 24
$92.1M
$101.6M
Q3 24
$75.6M
$112.8M
Q2 24
$112.6M
Q1 24
$86.6M
$95.6M
Net Profit
BSET
BSET
KRT
KRT
Q4 25
$6.8M
Q3 25
$801.0K
$7.3M
Q2 25
$1.9M
$10.9M
Q1 25
$6.4M
Q4 24
$508.0K
$5.6M
Q3 24
$-4.5M
$9.1M
Q2 24
$9.1M
Q1 24
$-1.2M
$6.2M
Gross Margin
BSET
BSET
KRT
KRT
Q4 25
34.0%
Q3 25
56.2%
34.5%
Q2 25
55.6%
39.6%
Q1 25
39.3%
Q4 24
55.7%
39.2%
Q3 24
53.0%
38.6%
Q2 24
38.5%
Q1 24
55.3%
39.3%
Operating Margin
BSET
BSET
KRT
KRT
Q4 25
7.3%
Q3 25
0.7%
6.9%
Q2 25
3.0%
13.3%
Q1 25
7.5%
Q4 24
-1.3%
7.2%
Q3 24
-8.4%
10.0%
Q2 24
9.9%
Q1 24
-2.7%
8.4%
Net Margin
BSET
BSET
KRT
KRT
Q4 25
5.9%
Q3 25
1.0%
5.9%
Q2 25
2.3%
8.8%
Q1 25
6.2%
Q4 24
0.6%
5.5%
Q3 24
-6.0%
8.1%
Q2 24
8.1%
Q1 24
-1.4%
6.4%
EPS (diluted)
BSET
BSET
KRT
KRT
Q4 25
$0.34
Q3 25
$0.09
$0.36
Q2 25
$0.22
$0.54
Q1 25
$0.32
Q4 24
$0.07
$0.28
Q3 24
$-0.52
$0.45
Q2 24
$0.45
Q1 24
$-0.14
$0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BSET
BSET
KRT
KRT
Cash + ST InvestmentsLiquidity on hand
$54.6M
$37.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$165.7M
$149.4M
Total Assets
$324.2M
$287.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BSET
BSET
KRT
KRT
Q4 25
$37.9M
Q3 25
$54.6M
$44.0M
Q2 25
$59.8M
$57.0M
Q1 25
$56.3M
Q4 24
$59.9M
$59.9M
Q3 24
$56.2M
$60.4M
Q2 24
$52.1M
Q1 24
$58.4M
$46.7M
Stockholders' Equity
BSET
BSET
KRT
KRT
Q4 25
$149.4M
Q3 25
$165.7M
$154.5M
Q2 25
$166.8M
$155.8M
Q1 25
$153.3M
Q4 24
$167.3M
$155.6M
Q3 24
$165.0M
$157.3M
Q2 24
$157.7M
Q1 24
$180.6M
$154.4M
Total Assets
BSET
BSET
KRT
KRT
Q4 25
$287.7M
Q3 25
$324.2M
$302.8M
Q2 25
$331.3M
$321.0M
Q1 25
$312.2M
Q4 24
$341.2M
$294.5M
Q3 24
$335.9M
$306.8M
Q2 24
$310.7M
Q1 24
$361.4M
$279.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BSET
BSET
KRT
KRT
Operating Cash FlowLast quarter
$-1.2M
$15.4M
Free Cash FlowOCF − Capex
$-2.6M
$15.1M
FCF MarginFCF / Revenue
-3.3%
13.1%
Capex IntensityCapex / Revenue
1.8%
0.2%
Cash ConversionOCF / Net Profit
-1.47×
2.26×
TTM Free Cash FlowTrailing 4 quarters
$33.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BSET
BSET
KRT
KRT
Q4 25
$15.4M
Q3 25
$-1.2M
$982.0K
Q2 25
$9.8M
Q1 25
$7.7M
Q4 24
$8.3M
Q3 24
$5.4M
$19.5M
Q2 24
$13.7M
Q1 24
$-7.7M
$6.6M
Free Cash Flow
BSET
BSET
KRT
KRT
Q4 25
$15.1M
Q3 25
$-2.6M
$736.0K
Q2 25
$9.6M
Q1 25
$7.6M
Q4 24
$8.0M
Q3 24
$2.8M
$19.2M
Q2 24
$13.4M
Q1 24
$-9.8M
$6.4M
FCF Margin
BSET
BSET
KRT
KRT
Q4 25
13.1%
Q3 25
-3.3%
0.6%
Q2 25
7.7%
Q1 25
7.4%
Q4 24
7.9%
Q3 24
3.7%
17.0%
Q2 24
11.9%
Q1 24
-11.3%
6.7%
Capex Intensity
BSET
BSET
KRT
KRT
Q4 25
0.2%
Q3 25
1.8%
0.2%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.2%
Q3 24
3.5%
0.3%
Q2 24
0.2%
Q1 24
2.4%
0.2%
Cash Conversion
BSET
BSET
KRT
KRT
Q4 25
2.26×
Q3 25
-1.47×
0.13×
Q2 25
0.89×
Q1 25
1.21×
Q4 24
1.47×
Q3 24
2.14×
Q2 24
1.50×
Q1 24
1.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BSET
BSET

Retail Segment$51.9M65%
Bassett Custom Upholstery$18.7M23%
Accessories Mattresses And Other$6.9M9%
Bassett Custom Wood$2.7M3%

KRT
KRT

Segment breakdown not available.

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