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Side-by-side financial comparison of Karat Packaging Inc. (KRT) and Regional Management Corp. (RM). Click either name above to swap in a different company.

Regional Management Corp. is the larger business by last-quarter revenue ($167.3M vs $115.6M, roughly 1.4× Karat Packaging Inc.). Regional Management Corp. runs the higher net margin — 6.8% vs 5.9%, a 0.9% gap on every dollar of revenue. On growth, Karat Packaging Inc. posted the faster year-over-year revenue change (13.7% vs 9.4%). Over the past eight quarters, Karat Packaging Inc.'s revenue compounded faster (10.0% CAGR vs 8.2%).

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.

Millennium Management LLC is an investment management firm with a multistrategy hedge fund offering. It is one of the world's largest alternative asset management firms with $83.4 billion assets under management as of January 2026. The firm operates in America, Europe and Asia. As of 2022, Millennium had posted the fourth highest net gains of any hedge fund since its inception in 1989.

KRT vs RM — Head-to-Head

Bigger by revenue
RM
RM
1.4× larger
RM
$167.3M
$115.6M
KRT
Growing faster (revenue YoY)
KRT
KRT
+4.4% gap
KRT
13.7%
9.4%
RM
Higher net margin
RM
RM
0.9% more per $
RM
6.8%
5.9%
KRT
Faster 2-yr revenue CAGR
KRT
KRT
Annualised
KRT
10.0%
8.2%
RM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KRT
KRT
RM
RM
Revenue
$115.6M
$167.3M
Net Profit
$6.8M
$11.4M
Gross Margin
34.0%
Operating Margin
7.3%
Net Margin
5.9%
6.8%
Revenue YoY
13.7%
9.4%
Net Profit YoY
21.3%
62.7%
EPS (diluted)
$0.34
$1.18

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
RM
RM
Q1 26
$167.3M
Q4 25
$115.6M
$169.7M
Q3 25
$124.5M
$165.5M
Q2 25
$124.0M
$157.4M
Q1 25
$103.6M
$153.0M
Q4 24
$101.6M
$154.8M
Q3 24
$112.8M
$146.3M
Q2 24
$112.6M
$143.0M
Net Profit
KRT
KRT
RM
RM
Q1 26
$11.4M
Q4 25
$6.8M
$12.9M
Q3 25
$7.3M
$14.4M
Q2 25
$10.9M
$10.1M
Q1 25
$6.4M
$7.0M
Q4 24
$5.6M
$9.9M
Q3 24
$9.1M
$7.7M
Q2 24
$9.1M
$8.4M
Gross Margin
KRT
KRT
RM
RM
Q1 26
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%
Operating Margin
KRT
KRT
RM
RM
Q1 26
Q4 25
7.3%
9.5%
Q3 25
6.9%
11.5%
Q2 25
13.3%
8.6%
Q1 25
7.5%
6.0%
Q4 24
7.2%
8.2%
Q3 24
10.0%
6.9%
Q2 24
9.9%
7.8%
Net Margin
KRT
KRT
RM
RM
Q1 26
6.8%
Q4 25
5.9%
7.6%
Q3 25
5.9%
8.7%
Q2 25
8.8%
6.4%
Q1 25
6.2%
4.6%
Q4 24
5.5%
6.4%
Q3 24
8.1%
5.2%
Q2 24
8.1%
5.9%
EPS (diluted)
KRT
KRT
RM
RM
Q1 26
$1.18
Q4 25
$0.34
$1.30
Q3 25
$0.36
$1.42
Q2 25
$0.54
$1.03
Q1 25
$0.32
$0.70
Q4 24
$0.28
$0.96
Q3 24
$0.45
$0.76
Q2 24
$0.45
$0.86

Balance Sheet & Financial Strength

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

Metric
KRT
KRT
RM
RM
Cash + ST InvestmentsLiquidity on hand
$37.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$149.4M
$375.8M
Total Assets
$287.7M
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRT
KRT
RM
RM
Q1 26
Q4 25
$37.9M
Q3 25
$44.0M
Q2 25
$57.0M
Q1 25
$56.3M
Q4 24
$59.9M
Q3 24
$60.4M
Q2 24
$52.1M
Total Debt
KRT
KRT
RM
RM
Q1 26
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$1.4B
Stockholders' Equity
KRT
KRT
RM
RM
Q1 26
$375.8M
Q4 25
$149.4M
$373.1M
Q3 25
$154.5M
$371.9M
Q2 25
$155.8M
$363.0M
Q1 25
$153.3M
$357.9M
Q4 24
$155.6M
$357.1M
Q3 24
$157.3M
$352.9M
Q2 24
$157.7M
$344.9M
Total Assets
KRT
KRT
RM
RM
Q1 26
$2.1B
Q4 25
$287.7M
$2.1B
Q3 25
$302.8M
$2.0B
Q2 25
$321.0M
$2.0B
Q1 25
$312.2M
$1.9B
Q4 24
$294.5M
$1.9B
Q3 24
$306.8M
$1.8B
Q2 24
$310.7M
$1.8B
Debt / Equity
KRT
KRT
RM
RM
Q1 26
Q4 25
4.40×
Q3 25
4.23×
Q2 25
4.14×
Q1 25
4.11×
Q4 24
4.12×
Q3 24
3.94×
Q2 24
3.98×

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
RM
RM
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
KRT
KRT
RM
RM
Q1 26
Q4 25
$15.4M
$309.1M
Q3 25
$982.0K
$86.7M
Q2 25
$9.8M
$78.7M
Q1 25
$7.7M
$63.7M
Q4 24
$8.3M
$268.9M
Q3 24
$19.5M
$75.1M
Q2 24
$13.7M
$71.5M
Free Cash Flow
KRT
KRT
RM
RM
Q1 26
Q4 25
$15.1M
$304.3M
Q3 25
$736.0K
$85.7M
Q2 25
$9.6M
$77.6M
Q1 25
$7.6M
$62.4M
Q4 24
$8.0M
$263.9M
Q3 24
$19.2M
$73.8M
Q2 24
$13.4M
$70.3M
FCF Margin
KRT
KRT
RM
RM
Q1 26
Q4 25
13.1%
179.3%
Q3 25
0.6%
51.8%
Q2 25
7.7%
49.3%
Q1 25
7.4%
40.8%
Q4 24
7.9%
170.4%
Q3 24
17.0%
50.4%
Q2 24
11.9%
49.1%
Capex Intensity
KRT
KRT
RM
RM
Q1 26
Q4 25
0.2%
2.8%
Q3 25
0.2%
0.6%
Q2 25
0.1%
0.6%
Q1 25
0.1%
0.8%
Q4 24
0.2%
3.3%
Q3 24
0.3%
0.9%
Q2 24
0.2%
0.8%
Cash Conversion
KRT
KRT
RM
RM
Q1 26
Q4 25
2.26×
23.94×
Q3 25
0.13×
6.04×
Q2 25
0.89×
7.76×
Q1 25
1.21×
9.09×
Q4 24
1.47×
27.13×
Q3 24
2.14×
9.80×
Q2 24
1.50×
8.47×

Financial Flow Comparison

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

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