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
DateValue
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