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Side-by-side financial comparison of Karat Packaging Inc. (KRT) and QUHUO Ltd (QH). Click either name above to swap in a different company.

QUHUO Ltd is the larger business by last-quarter revenue ($157.9M vs $115.6M, roughly 1.4× Karat Packaging Inc.).

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.

QUHUO Ltd. operates an on-demand lifestyle service platform focused on the Chinese mainland market. Its core offerings include gig workforce solutions, community group-buy services, and local life service matching for merchants and individual users, covering household services, catering operation support, and community retail segments to effectively connect service providers with end consumers.

KRT vs QH — Head-to-Head

Bigger by revenue
QH
QH
1.4× larger
QH
$157.9M
$115.6M
KRT

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
KRT
KRT
QH
QH
Revenue
$115.6M
$157.9M
Net Profit
$6.8M
Gross Margin
34.0%
Operating Margin
7.3%
Net Margin
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
KRT
KRT
QH
QH
Q4 25
$115.6M
Q3 25
$124.5M
Q2 25
$124.0M
$157.9M
Q1 25
$103.6M
Q4 24
$101.6M
Q3 24
$112.8M
Q2 24
$112.6M
$222.9M
Q1 24
$95.6M
Net Profit
KRT
KRT
QH
QH
Q4 25
$6.8M
Q3 25
$7.3M
Q2 25
$10.9M
Q1 25
$6.4M
Q4 24
$5.6M
Q3 24
$9.1M
Q2 24
$9.1M
$-6.4M
Q1 24
$6.2M
Gross Margin
KRT
KRT
QH
QH
Q4 25
34.0%
Q3 25
34.5%
Q2 25
39.6%
Q1 25
39.3%
Q4 24
39.2%
Q3 24
38.6%
Q2 24
38.5%
1.5%
Q1 24
39.3%
Operating Margin
KRT
KRT
QH
QH
Q4 25
7.3%
Q3 25
6.9%
Q2 25
13.3%
Q1 25
7.5%
Q4 24
7.2%
Q3 24
10.0%
Q2 24
9.9%
-2.7%
Q1 24
8.4%
Net Margin
KRT
KRT
QH
QH
Q4 25
5.9%
Q3 25
5.9%
Q2 25
8.8%
Q1 25
6.2%
Q4 24
5.5%
Q3 24
8.1%
Q2 24
8.1%
-2.9%
Q1 24
6.4%
EPS (diluted)
KRT
KRT
QH
QH
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
Q1 24
$0.31

Balance Sheet & Financial Strength

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

Metric
KRT
KRT
QH
QH
Cash + ST InvestmentsLiquidity on hand
$37.9M
$4.3M
Total DebtLower is stronger
$858.0K
Stockholders' EquityBook value
$149.4M
$57.4M
Total Assets
$287.7M
$118.4M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRT
KRT
QH
QH
Q4 25
$37.9M
Q3 25
$44.0M
Q2 25
$57.0M
$4.3M
Q1 25
$56.3M
Q4 24
$59.9M
Q3 24
$60.4M
Q2 24
$52.1M
$14.3M
Q1 24
$46.7M
Total Debt
KRT
KRT
QH
QH
Q4 25
Q3 25
Q2 25
$858.0K
Q1 25
Q4 24
Q3 24
Q2 24
$1.2M
Q1 24
Stockholders' Equity
KRT
KRT
QH
QH
Q4 25
$149.4M
Q3 25
$154.5M
Q2 25
$155.8M
$57.4M
Q1 25
$153.3M
Q4 24
$155.6M
Q3 24
$157.3M
Q2 24
$157.7M
$64.6M
Q1 24
$154.4M
Total Assets
KRT
KRT
QH
QH
Q4 25
$287.7M
Q3 25
$302.8M
Q2 25
$321.0M
$118.4M
Q1 25
$312.2M
Q4 24
$294.5M
Q3 24
$306.8M
Q2 24
$310.7M
$135.0M
Q1 24
$279.0M
Debt / Equity
KRT
KRT
QH
QH
Q4 25
Q3 25
Q2 25
0.01×
Q1 25
Q4 24
Q3 24
Q2 24
0.02×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
KRT
KRT
QH
QH
Operating Cash FlowLast quarter
$15.4M
$-5.8M
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
KRT
KRT
QH
QH
Q4 25
$15.4M
Q3 25
$982.0K
Q2 25
$9.8M
$-5.8M
Q1 25
$7.7M
Q4 24
$8.3M
Q3 24
$19.5M
Q2 24
$13.7M
Q1 24
$6.6M
Free Cash Flow
KRT
KRT
QH
QH
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
Q1 24
$6.4M
FCF Margin
KRT
KRT
QH
QH
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%
Q1 24
6.7%
Capex Intensity
KRT
KRT
QH
QH
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%
Q1 24
0.2%
Cash Conversion
KRT
KRT
QH
QH
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×
Q1 24
1.06×

Financial Flow Comparison

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

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