Karat Packaging (KRT) Operating Expenses (2020 - 2026)

Karat Packaging (KRT) recorded quarterly Operating Expenses of $33.1 million in Q1 2026, up 7.07% quarter-over-quarter from $30.9 million in Q4 2025, and little changed on a YoY basis from $32.9 million in Q1 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 was $33.1 million for Q1 2026 at Karat Packaging, up from $30.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $34.3 million in Q3 2025 to a low of $24.8 million in Q1 2022.
  • Historically, Operating Expenses has averaged $29.6 million across 5 years, with a median of $29.5 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 38.89% in 2022, then retreated 5.06% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $24.9 million in 2022, then increased by 18.57% to $29.5 million in 2023, then gained by 10.36% to $32.5 million in 2024, then retreated by 5.06% to $30.9 million in 2025, then advanced by 7.07% to $33.1 million in 2026.
  • The last three Operating Expenses figures came in at $33.1 million (Q1 2026), $30.9 million (Q4 2025), and $34.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Smurfit Westrock 21.64 Bn 20.99 Bn 1.27 Bn 961.00 Mn
2 Packaging Corp Of America 20.07 Bn 19.53 Bn 452.90 Mn 180.30 Mn
3 International Paper 18.03 Bn 16.73 Bn 1.73 Bn 943.00 Mn
4 Amcor 17.99 Bn 16.41 Bn 1.19 Bn 532.00 Mn
5 Ball 14.38 Bn 13.50 Bn 646.00 Mn 283.00 Mn
6 Avery Dennison 12.23 Bn 11.97 Bn 664.80 Mn 375.10 Mn
7 Crown Holdings 10.71 Bn 10.62 Bn 644.00 Mn 239.00 Mn
8 Sonoco Products 4.95 Bn 4.75 Bn 345.63 Mn 201.54 Mn
9 Reynolds Consumer Products 4.85 Bn 4.78 Bn 207.00 Mn 109.00 Mn
10 Karat Packaging 589.11 Mn 562.42 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