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
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