Karat Packaging (KRT) Cost of Revenue (2020 - 2026)
Karat Packaging (KRT) recorded quarterly Cost of Revenue of $75.4 million in Q1 2026, up 145.57% quarter-over-quarter from -$165.5 million in Q4 2025, and up 423.36% on a YoY basis from $14.4 million in Q1 2025.
Karat Packaging (KRT) Cost of Revenue (2020 - 2026) Analysis & Trends
Karat Packaging's Cost of Revenue history runs 7 years deep, the most recent figure standing at $75.4 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 423.36% year-over-year to $75.4 million; the TTM figure through Mar 2026 stood at -$1.4 million (up 97.02% YoY), while the FY2025 annual figure was $53.8 million, up 2.98% from the prior year.
- Cost of Revenue was $75.4 million for Q1 2026 at Karat Packaging, up from -$165.5 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $262.7 million in Q4 2022 to a low of -$165.5 million in Q4 2025.
- Historically, Cost of Revenue has averaged $29.8 million across 5 years, with a median of $14.4 million in 2025.
- Biggest YoY gain for Cost of Revenue was 679.99% in 2024; the steepest drop was 3753.2% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $262.7 million in 2022, then plunged by 98.5% to $3.9 million in 2023, then tumbled by 3753.2% to -$144.2 million in 2024, then decreased by 14.77% to -$165.5 million in 2025, then jumped by 145.57% to $75.4 million in 2026.
- The last three Cost of Revenue figures came in at $75.4 million (Q1 2026), -$165.5 million (Q4 2025), and $13.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 20.34 Bn | 19.70 Bn | 1.27 Bn | 6.44 Bn |
| 2 | Packaging Corp Of America | 19.16 Bn | 18.62 Bn | 452.90 Mn | 1.91 Bn |
| 3 | Amcor | 17.71 Bn | 16.14 Bn | 1.19 Bn | 4.72 Bn |
| 4 | International Paper | 16.82 Bn | 15.52 Bn | 1.73 Bn | 4.24 Bn |
| 5 | Ball | 14.54 Bn | 13.67 Bn | 646.00 Mn | 2.96 Bn |
| 6 | Avery Dennison | 12.04 Bn | 11.79 Bn | 664.80 Mn | 1.63 Bn |
| 7 | Crown Holdings | 10.73 Bn | 10.64 Bn | 644.00 Mn | 2.62 Bn |
| 8 | Reynolds Consumer Products | 4.93 Bn | 4.86 Bn | 207.00 Mn | 670.00 Mn |
| 9 | Sonoco Products | 4.88 Bn | 4.67 Bn | 345.63 Mn | 1.33 Bn |
| 10 | Karat Packaging | 588.12 Mn | 561.42 Mn | 41.53 Mn | 75.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.42 Mn |
| Mar 31, 2026 | 75.42 Mn |
| Dec 31, 2025 | -165.50 Mn |
| Dec 31, 2025 | -165.50 Mn |
| Sep 30, 2025 | 13.80 Mn |
| Sep 30, 2025 | 13.80 Mn |
| Jun 30, 2025 | 74.88 Mn |
| Jun 30, 2025 | 74.88 Mn |
| Mar 31, 2025 | 14.41 Mn |
| Mar 31, 2025 | 14.41 Mn |
| Dec 31, 2024 | -144.19 Mn |
| Dec 31, 2024 | -144.19 Mn |
| Sep 30, 2024 | 13.75 Mn |
| Sep 30, 2024 | 13.75 Mn |
| Jun 30, 2024 | 69.19 Mn |
| Jun 30, 2024 | 69.19 Mn |
| Mar 31, 2024 | 58.01 Mn |
| Mar 31, 2024 | 58.01 Mn |
| Dec 31, 2023 | 3.95 Mn |
| Dec 31, 2023 | 3.95 Mn |