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| 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 |