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Side-by-side financial comparison of CLPS Inc (CLPS) 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 $82.8M, roughly 1.4× CLPS Inc). Karat Packaging Inc. runs the higher net margin — 5.9% vs 0.2%, a 5.7% gap on every dollar of revenue.

CLPS Inc is a global information technology, consulting and digital solutions provider primarily serving the financial services sector, including banking, insurance and asset management clients. It also offers tailored tech solutions for retail, healthcare and e-commerce segments, with operating footprints across North America, Asia Pacific and Europe.

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.

CLPS vs KRT — Head-to-Head

Bigger by revenue
KRT
KRT
1.4× larger
KRT
$115.6M
$82.8M
CLPS
Higher net margin
KRT
KRT
5.7% more per $
KRT
5.9%
0.2%
CLPS

Income Statement — Q4 FY2026 vs Q4 FY2025

Metric
CLPS
CLPS
KRT
KRT
Revenue
$82.8M
$115.6M
Net Profit
$183.0K
$6.8M
Gross Margin
23.1%
34.0%
Operating Margin
0.2%
7.3%
Net Margin
0.2%
5.9%
Revenue YoY
13.7%
Net Profit YoY
21.3%
EPS (diluted)
$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
CLPS
CLPS
KRT
KRT
Q2 26
$82.8M
Q4 25
$115.6M
Q3 25
$124.5M
Q2 25
$124.0M
Q1 25
$103.6M
Q4 24
$71.8M
$101.6M
Q3 24
$112.8M
Q2 24
$112.6M
Net Profit
CLPS
CLPS
KRT
KRT
Q2 26
$183.0K
Q4 25
$6.8M
Q3 25
$7.3M
Q2 25
$10.9M
Q1 25
$6.4M
Q4 24
$-993.5K
$5.6M
Q3 24
$9.1M
Q2 24
$9.1M
Gross Margin
CLPS
CLPS
KRT
KRT
Q2 26
23.1%
Q4 25
34.0%
Q3 25
34.5%
Q2 25
39.6%
Q1 25
39.3%
Q4 24
21.9%
39.2%
Q3 24
38.6%
Q2 24
38.5%
Operating Margin
CLPS
CLPS
KRT
KRT
Q2 26
0.2%
Q4 25
7.3%
Q3 25
6.9%
Q2 25
13.3%
Q1 25
7.5%
Q4 24
-1.3%
7.2%
Q3 24
10.0%
Q2 24
9.9%
Net Margin
CLPS
CLPS
KRT
KRT
Q2 26
0.2%
Q4 25
5.9%
Q3 25
5.9%
Q2 25
8.8%
Q1 25
6.2%
Q4 24
-1.4%
5.5%
Q3 24
8.1%
Q2 24
8.1%
EPS (diluted)
CLPS
CLPS
KRT
KRT
Q2 26
Q4 25
$0.34
Q3 25
$0.36
Q2 25
$0.54
Q1 25
$0.32
Q4 24
$0.28
Q3 24
$0.45
Q2 24
$0.45

Balance Sheet & Financial Strength

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

Metric
CLPS
CLPS
KRT
KRT
Cash + ST InvestmentsLiquidity on hand
$29.1M
$37.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$57.6M
$149.4M
Total Assets
$118.1M
$287.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLPS
CLPS
KRT
KRT
Q2 26
$29.1M
Q4 25
$37.9M
Q3 25
$44.0M
Q2 25
$57.0M
Q1 25
$56.3M
Q4 24
$31.2M
$59.9M
Q3 24
$60.4M
Q2 24
$52.1M
Stockholders' Equity
CLPS
CLPS
KRT
KRT
Q2 26
$57.6M
Q4 25
$149.4M
Q3 25
$154.5M
Q2 25
$155.8M
Q1 25
$153.3M
Q4 24
$63.9M
$155.6M
Q3 24
$157.3M
Q2 24
$157.7M
Total Assets
CLPS
CLPS
KRT
KRT
Q2 26
$118.1M
Q4 25
$287.7M
Q3 25
$302.8M
Q2 25
$321.0M
Q1 25
$312.2M
Q4 24
$110.0M
$294.5M
Q3 24
$306.8M
Q2 24
$310.7M

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLPS
CLPS
KRT
KRT
Q2 26
Q4 25
$15.4M
Q3 25
$982.0K
Q2 25
$9.8M
Q1 25
$7.7M
Q4 24
$8.3M
Q3 24
$19.5M
Q2 24
$13.7M
Free Cash Flow
CLPS
CLPS
KRT
KRT
Q2 26
Q4 25
$15.1M
Q3 25
$736.0K
Q2 25
$9.6M
Q1 25
$7.6M
Q4 24
$8.0M
Q3 24
$19.2M
Q2 24
$13.4M
FCF Margin
CLPS
CLPS
KRT
KRT
Q2 26
Q4 25
13.1%
Q3 25
0.6%
Q2 25
7.7%
Q1 25
7.4%
Q4 24
7.9%
Q3 24
17.0%
Q2 24
11.9%
Capex Intensity
CLPS
CLPS
KRT
KRT
Q2 26
Q4 25
0.2%
Q3 25
0.2%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.2%
Q3 24
0.3%
Q2 24
0.2%
Cash Conversion
CLPS
CLPS
KRT
KRT
Q2 26
Q4 25
2.26×
Q3 25
0.13×
Q2 25
0.89×
Q1 25
1.21×
Q4 24
1.47×
Q3 24
2.14×
Q2 24
1.50×

Financial Flow Comparison

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

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