Karat Packaging (KRT) Change in Taxes (2020 - 2026)
Karat Packaging (KRT) posted quarterly Change in Taxes of $1.3 million for Q1 2026, down 40.35% year-over-year from $2.1 million in Q1 2025, and up 21.24% quarter-over-quarter from $1.0 million in Q4 2025.
Karat Packaging (KRT) Change in Taxes (2020 - 2026) Analysis & Trends
Karat Packaging's Change in Taxes history runs 7 years deep, the most recent figure standing at $1.3 million for Q1 2026.
- In Q1 2026, Change in Taxes fell 40.35% year-over-year to $1.3 million; the TTM figure through Mar 2026 stood at $8.3 million (up 278.21% YoY), while the FY2025 annual figure was $9.1 million, up 13955.38% from the prior year.
- Change in Taxes for Q1 2026 stood at $1.3 million, up from $1.0 million in the prior quarter.
- The five-year high for Change in Taxes was $11.5 million in Q4 2023, with the low at -$6.4 million in Q4 2024.
- The 5-year median for Change in Taxes is $1.2 million (2025), against an average of $1.6 million.
- The sharpest annual moves came in 2022 and 2023: Change in Taxes plunged 833.33% in 2022, then surged 5944.9% in 2023.
- Karat Packaging's Change in Taxes stood at -$196000.0 in 2022, then soared by 5944.9% to $11.5 million in 2023, then slumped by 155.44% to -$6.4 million in 2024, then soared by 116.45% to $1.0 million in 2025, then climbed by 21.24% to $1.3 million in 2026.
- Business Quant data shows KRT's Change in Taxes at $1.3 million in Q1 2026, $1.0 million in Q4 2025, and $2.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.90 Bn | 25.22 Bn | 1.40 Bn | -1.00 Mn |
| 2 | Amcor | 22.53 Bn | 21.41 Bn | 1.34 Bn | - |
| 3 | Packaging Corp Of America | 22.42 Bn | 21.83 Bn | 512.50 Mn | - |
| 4 | International Paper | 22.01 Bn | 21.29 Bn | 1.66 Bn | - |
| 5 | Ball | 16.88 Bn | 16.20 Bn | 697.00 Mn | - |
| 6 | Avery Dennison | 14.03 Bn | 13.80 Bn | 729.40 Mn | - |
| 7 | Crown Holdings | 13.03 Bn | 12.38 Bn | 748.00 Mn | - |
| 8 | Sonoco Products | 5.91 Bn | 5.74 Bn | 392.38 Mn | 21.46 Mn |
| 9 | Reynolds Consumer Products | 5.36 Bn | 5.29 Bn | 245.00 Mn | -31.00 Mn |
| 10 | Karat Packaging | 953.96 Mn | 899.82 Mn | 77.16 Mn | 4.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.44 Mn |
| Jun 30, 2026 | 4.44 Mn |
| Mar 31, 2026 | 1.27 Mn |
| Mar 31, 2026 | 1.27 Mn |
| Dec 31, 2025 | 1.05 Mn |
| Dec 31, 2025 | 1.05 Mn |
| Sep 30, 2025 | 2.60 Mn |
| Sep 30, 2025 | 2.60 Mn |
| Jun 30, 2025 | 3.37 Mn |
| Jun 30, 2025 | 3.37 Mn |
| Mar 31, 2025 | 2.12 Mn |
| Mar 31, 2025 | 2.12 Mn |
| Dec 31, 2024 | -6.35 Mn |
| Dec 31, 2024 | -6.35 Mn |
| Sep 30, 2024 | 6.42 Mn |
| Sep 30, 2024 | 6.42 Mn |
| Dec 31, 2023 | 11.46 Mn |
| Dec 31, 2023 | 11.46 Mn |
| Sep 30, 2023 | 109,000.00 |
| Sep 30, 2023 | 109,000.00 |