Karat Packaging (KRT) Cost of Revenue (2020 - 2026)

Karat Packaging (KRT) posted quarterly Cost of Revenue of $75.4 million for Q1 2026, up 423.36% year-over-year from $14.4 million in Q1 2025, and up 145.57% on a QoQ basis from -$165.5 million in Q4 2025.

Karat Packaging (KRT) Cost of Revenue (2020 - 2026) Analysis & Trends

Karat Packaging (KRT) has reported Cost of Revenue for 7 consecutive years, with $75.4 million the latest figure, recorded in 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 came in at $75.4 million for Q1 2026 at Karat Packaging, up from -$165.5 million in the prior quarter.
  • The five-year high for Cost of Revenue was $262.7 million in Q4 2022, with the low at -$165.5 million in Q4 2025.
  • Average Cost of Revenue over 5 years is $29.8 million, with a median of $14.4 million recorded in 2025.
  • The largest YoY upside for Cost of Revenue was 679.99% in 2024 against a maximum downside of 3753.2% in 2024.
  • Year by year, Cost of Revenue stood at $262.7 million in 2022, then sank by 98.5% to $3.9 million in 2023, then plunged by 3753.2% to -$144.2 million in 2024, then declined by 14.77% to -$165.5 million in 2025, then jumped by 145.57% to $75.4 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $75.4 million, -$165.5 million, and $13.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Ball 88.75 Bn 87.87 Bn 646.00 Mn 2.96 Bn
2 International Paper 24.05 Bn 22.75 Bn 1.73 Bn 4.24 Bn
3 Avery Dennison 12.53 Bn 12.27 Bn 664.80 Mn 1.63 Bn
4 Crown Holdings 12.47 Bn 12.38 Bn 644.00 Mn 2.62 Bn
5 Reynolds Consumer Products 5.71 Bn 5.64 Bn 207.00 Mn 670.00 Mn
6 Sonoco Products 5.57 Bn 5.37 Bn 345.63 Mn 1.33 Bn
7 Silgan Holdings 4.87 Bn 4.43 Bn 265.78 Mn 1.30 Bn
8 Graphic Packaging Holding 3.15 Bn 2.96 Bn 306.00 Mn 1.85 Bn
9 Ardagh Metal Packaging 2.81 Bn 2.81 Bn 179.00 1,326.00
10 Karat Packaging 675.36 Mn 648.66 Mn 41.53 Mn 75.42 Mn

Historic Data

Download Data
DateValue
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