Karat Packaging (KRT) Tax Provisions (2020 - 2026)
Karat Packaging (KRT) recorded quarterly Tax Provisions of $2.2 million in Q1 2026, down 9.42% quarter-over-quarter from $2.5 million in Q4 2025, and up 5.66% on a YoY basis from $2.1 million in Q1 2025.
Karat Packaging (KRT) Tax Provisions (2020 - 2026) Analysis & Trends
Karat Packaging's Tax Provisions history runs 7 years deep, the most recent figure standing at $2.2 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 5.66% year-over-year to $2.2 million; the TTM figure through Mar 2026 stood at $10.5 million (up 4.6% YoY), while the FY2025 annual figure was $10.4 million, up 4.93% from the prior year.
- Tax Provisions was $2.2 million for Q1 2026 at Karat Packaging, down from $2.5 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $3.5 million in Q2 2025 to a low of $353000.0 in Q4 2022.
- Historically, Tax Provisions has averaged $2.3 million across 5 years, with a median of $2.5 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Tax Provisions sank 67.56% in 2022, then jumped 223.85% in 2024.
- A 5-year view of Tax Provisions shows it stood at $353000.0 in 2022, then surged by 115.01% to $759000.0 in 2023, then surged by 223.85% to $2.5 million in 2024, then climbed by 0.65% to $2.5 million in 2025, then slipped by 9.42% to $2.2 million in 2026.
- The last three Tax Provisions figures came in at $2.2 million (Q1 2026), $2.5 million (Q4 2025), and $2.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 21.17 Bn | 20.52 Bn | 1.27 Bn | 21.00 Mn |
| 2 | Packaging Corp Of America | 19.43 Bn | 18.89 Bn | 452.90 Mn | 48.90 Mn |
| 3 | Amcor | 17.53 Bn | 15.95 Bn | 1.19 Bn | 32.00 Mn |
| 4 | International Paper | 17.36 Bn | 16.06 Bn | 1.73 Bn | 17.00 Mn |
| 5 | Ball | 13.98 Bn | 13.10 Bn | 646.00 Mn | 62.00 Mn |
| 6 | Avery Dennison | 11.76 Bn | 11.50 Bn | 664.80 Mn | 72.30 Mn |
| 7 | Crown Holdings | 10.32 Bn | 10.23 Bn | 644.00 Mn | 70.00 Mn |
| 8 | Reynolds Consumer Products | 4.74 Bn | 4.67 Bn | 207.00 Mn | 18.00 Mn |
| 9 | Sonoco Products | 4.73 Bn | 4.53 Bn | 345.63 Mn | 9.51 Mn |
| 10 | Karat Packaging | 578.73 Mn | 552.04 Mn | 41.53 Mn | 2.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.24 Mn |
| Dec 31, 2025 | 2.47 Mn |
| Sep 30, 2025 | 2.30 Mn |
| Jun 30, 2025 | 3.46 Mn |
| Mar 31, 2025 | 2.12 Mn |
| Dec 31, 2024 | 2.46 Mn |
| Sep 30, 2024 | 2.60 Mn |
| Jun 30, 2024 | 2.84 Mn |
| Mar 31, 2024 | 1.98 Mn |
| Dec 31, 2023 | 759,000.00 |
| Sep 30, 2023 | 2.90 Mn |
| Jun 30, 2023 | 3.32 Mn |
| Mar 31, 2023 | 2.82 Mn |
| Dec 31, 2022 | 353,000.00 |
| Sep 30, 2022 | 1.90 Mn |
| Jun 30, 2022 | 1.75 Mn |
| Mar 31, 2022 | 2.68 Mn |
| Dec 31, 2021 | 1.09 Mn |
| Sep 30, 2021 | 1.27 Mn |
| Jun 30, 2021 | 1.50 Mn |