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% quarter-over-quarter from $30.9 million in Q4 2025.
Karat Packaging (KRT) Operating Expenses (2020 - 2026) Analysis & Trends
Karat Packaging's Operating Expenses history runs 7 years deep, the most recent figure standing at $33.1 million for 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 for Q1 2026 stood at $33.1 million, 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.
- The 5-year median for Operating Expenses is $29.5 million (2024), against an average of $29.6 million.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 38.89% in 2022, then fell 5.06% in 2025.
- Karat Packaging's Operating Expenses stood at $24.9 million in 2022, then grew by 18.57% to $29.5 million in 2023, then rose by 10.36% to $32.5 million in 2024, then fell by 5.06% to $30.9 million in 2025, then gained by 7.07% to $33.1 million in 2026.
- Business Quant data shows KRT's Operating Expenses at $33.1 million in Q1 2026, $30.9 million in Q4 2025, and $34.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 25.18 Bn | 24.51 Bn | 1.40 Bn | 1.09 Bn |
| 2 | Amcor | 22.16 Bn | 21.04 Bn | 1.34 Bn | 646.00 Mn |
| 3 | Packaging Corp Of America | 22.12 Bn | 21.53 Bn | 512.50 Mn | 179.30 Mn |
| 4 | International Paper | 21.39 Bn | 20.66 Bn | 1.66 Bn | 991.00 Mn |
| 5 | Ball | 16.67 Bn | 16.00 Bn | 697.00 Mn | 312.00 Mn |
| 6 | Avery Dennison | 13.95 Bn | 13.72 Bn | 729.40 Mn | 394.80 Mn |
| 7 | Crown Holdings | 12.81 Bn | 12.16 Bn | 748.00 Mn | 249.00 Mn |
| 8 | Sonoco Products | 5.80 Bn | 5.63 Bn | 392.38 Mn | 202.18 Mn |
| 9 | Reynolds Consumer Products | 5.37 Bn | 5.31 Bn | 245.00 Mn | 107.00 Mn |
| 10 | Karat Packaging | 947.58 Mn | 893.43 Mn | 77.16 Mn | 39.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 39.56 Mn |
| 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 |