Karat Packaging (KRT) Change in Taxes (2020 - 2026)
Karat Packaging (KRT) recorded quarterly Change in Taxes of $1.3 million in Q1 2026, up 21.24% quarter-over-quarter from $1.0 million in Q4 2025, and down 40.35% on a YoY basis from $2.1 million in Q1 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 was $1.3 million for Q1 2026 at Karat Packaging, up from $1.0 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $8.0 million in Q3 2025 to a low of -$8.0 million in Q4 2023.
- Historically, Change in Taxes has averaged $692200.0 across 5 years, with a median of $200000.0 in 2023.
- The sharpest annual moves came in 2022 and 2023: Change in Taxes soared 4714.63% in 2022, then sank 3986.73% in 2023.
- A 5-year view of Change in Taxes shows it stood at -$196000.0 in 2022, then tumbled by 3986.73% to -$8.0 million in 2023, then jumped by 100.81% to $65000.0 in 2024, then soared by 1507.69% to $1.0 million in 2025, then grew by 21.24% to $1.3 million in 2026.
- The last three Change in Taxes figures came in at $1.3 million (Q1 2026), $1.0 million (Q4 2025), and $8.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.64 Bn | 20.99 Bn | 1.27 Bn | -48.00 Mn |
| 2 | Packaging Corp Of America | 20.07 Bn | 19.53 Bn | 452.90 Mn | -13.00 Mn |
| 3 | International Paper | 18.03 Bn | 16.73 Bn | 1.73 Bn | - |
| 4 | Amcor | 17.99 Bn | 16.41 Bn | 1.19 Bn | - |
| 5 | Ball | 14.38 Bn | 13.50 Bn | 646.00 Mn | - |
| 6 | Avery Dennison | 12.23 Bn | 11.97 Bn | 664.80 Mn | - |
| 7 | Crown Holdings | 10.71 Bn | 10.62 Bn | 644.00 Mn | - |
| 8 | Sonoco Products | 4.95 Bn | 4.75 Bn | 345.63 Mn | -122.16 Mn |
| 9 | Reynolds Consumer Products | 4.85 Bn | 4.78 Bn | 207.00 Mn | 16.00 Mn |
| 10 | Karat Packaging | 589.11 Mn | 562.42 Mn | 41.53 Mn | 1.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 8.01 Mn |
| Sep 30, 2025 | 8.01 Mn |
| Jun 30, 2025 | -2.04 Mn |
| Jun 30, 2025 | -2.04 Mn |
| Mar 31, 2025 | 2.12 Mn |
| Mar 31, 2025 | 2.12 Mn |
| Dec 31, 2024 | 65,000.00 |
| Dec 31, 2024 | 65,000.00 |
| Sep 30, 2024 | -3.32 Mn |
| Sep 30, 2024 | -3.32 Mn |
| Jun 30, 2024 | 3.32 Mn |
| Jun 30, 2024 | 3.32 Mn |
| Dec 31, 2023 | -8.01 Mn |
| Dec 31, 2023 | -8.01 Mn |
| Sep 30, 2023 | 7.81 Mn |
| Sep 30, 2023 | 7.81 Mn |