Karat Packaging (KRT) Operating Expenses (2020 - 2026)
Karat Packaging (KRT) posted quarterly Operating Expenses of $33.1 million for Q1 2026, little changed year-over-year from $32.9 million in Q1 2025, and up 7.07% on a QoQ basis from $30.9 million in Q4 2025.
Karat Packaging (KRT) Operating Expenses (2020 - 2026) Analysis & Trends
Karat Packaging (KRT) has reported Operating Expenses for 7 consecutive years, with $33.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses changed 0.36% year-over-year to $33.1 million; the TTM figure through Mar 2026 stood at $130.8 million (up 0.66% YoY), while the FY2025 annual figure was $130.7 million, up 3.28% from the prior year.
- Operating Expenses came in at $33.1 million for Q1 2026 at Karat Packaging, up from $30.9 million in the prior quarter.
- The five-year high for Operating Expenses was $34.3 million in Q3 2025, with the low at $24.8 million in Q1 2022.
- Average Operating Expenses over 5 years is $29.6 million, with a median of $29.5 million recorded in 2024.
- Across the five-year window, Operating Expenses soared 38.89% in 2022 and dropped 5.06% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $24.9 million in 2022, then advanced by 18.57% to $29.5 million in 2023, then grew by 10.36% to $32.5 million in 2024, then dropped by 5.06% to $30.9 million in 2025, then increased by 7.07% to $33.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $33.1 million, $30.9 million, and $34.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ball | 88.75 Bn | 87.87 Bn | 646.00 Mn | 283.00 Mn |
| 2 | International Paper | 24.05 Bn | 22.75 Bn | 1.73 Bn | 943.00 Mn |
| 3 | Avery Dennison | 12.53 Bn | 12.27 Bn | 664.80 Mn | 375.10 Mn |
| 4 | Crown Holdings | 12.47 Bn | 12.38 Bn | 644.00 Mn | 239.00 Mn |
| 5 | Reynolds Consumer Products | 5.71 Bn | 5.64 Bn | 207.00 Mn | 109.00 Mn |
| 6 | Sonoco Products | 5.57 Bn | 5.37 Bn | 345.63 Mn | 201.54 Mn |
| 7 | Silgan Holdings | 4.87 Bn | 4.43 Bn | 265.78 Mn | 140.22 Mn |
| 8 | Graphic Packaging Holding | 3.15 Bn | 2.96 Bn | 306.00 Mn | 273.00 Mn |
| 9 | Ardagh Metal Packaging | 2.81 Bn | 2.81 Bn | 179.00 | -86.00 |
| 10 | Karat Packaging | 675.36 Mn | 648.66 Mn | 41.53 Mn | 33.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.06 Mn |
| Dec 31, 2025 | 30.88 Mn |
| Sep 30, 2025 | 34.35 Mn |
| Jun 30, 2025 | 32.56 Mn |
| Mar 31, 2025 | 32.94 Mn |
| Dec 31, 2024 | 32.52 Mn |
| Sep 30, 2024 | 32.23 Mn |
| Jun 30, 2024 | 32.29 Mn |
| Mar 31, 2024 | 29.53 Mn |
| Dec 31, 2023 | 29.47 Mn |
| Sep 30, 2023 | 27.56 Mn |
| Jun 30, 2023 | 28.52 Mn |
| Mar 31, 2023 | 25.41 Mn |
| Dec 31, 2022 | 24.85 Mn |
| Sep 30, 2022 | 26.26 Mn |
| Jun 30, 2022 | 26.16 Mn |
| Mar 31, 2022 | 24.80 Mn |
| Dec 31, 2021 | 21.17 Mn |
| Sep 30, 2021 | 24.43 Mn |
| Jun 30, 2021 | 21.23 Mn |