What is Karat Packaging's change in income taxes?

Karat Packaging (KRT) reported change in income taxes of $1.27M in Q1 2026.

How has Karat Packaging's change in income taxes changed year-over-year?

Karat Packaging's change in income taxes decreased by 40.3% year-over-year, from $2.12M to $1.27M.

What is the long-term trend for Karat Packaging's change in income taxes?

Over 2 years (2022 to 2024), Karat Packaging's change in income taxes has grown at a -12.6% compound annual growth rate (CAGR), from -$85K to $65K.

What does change in income taxes mean?

Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.

Karat Packaging KRT Change in Income Taxes

Change in Income Taxes at other companies

Sonoco ProductsSON

-$122.16M-831%

PepsiCoPEP

$131M-41.3%

PFG

Performance Food GroupPFGC

-$28.9M-142%

Packaging Corp of AmericaPKG

-$13M+67.2%

Other financials

Income statement

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Revenue$116.9M+12.9%

Gross profit$41.5M+1.9%

Operating income$8.5M+8.2%

Net income$6.7M+5.2%

EPS (diluted)$0.34+6.3%

Balance sheet

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Cash & equivalents$28.7M-11.7%

Total debt$89.3M-12.4%

Total equity$147.4M-3.8%

Total assets$282.7M-9.5%

Cash flow

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Operating cash flow$7.2M-6.9%

CapEx$565.0K+428%

Free cash flow$6.6M-13.0%

Valuation

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Market cap$620.47M+14.5%

Enterprise value$681.12M+11.4%

P/E19.5×+1.6×

P/S1.3×0.0×

Profitability

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Gross margin35.9%-3.0pp

Operating margin8.7%0.0pp

Net margin6.6%-0.4pp

FCF margin6.7%-4.5pp

Returns & leverage

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Return on equity21.2%+1.5pp

Debt / equity0.6×-0.1×

Current ratio2.3×-0.6×

Where this comes from

Reported directly by Karat Packaging in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable.

The official record: Karat Packaging’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Karat Packaging's change in income taxes?: Karat Packaging (KRT) reported change in income taxes of $1.27M in Q1 2026.
How has Karat Packaging's change in income taxes changed year-over-year?: Karat Packaging's change in income taxes decreased by 40.3% year-over-year, from $2.12M to $1.27M.
What is the long-term trend for Karat Packaging's change in income taxes?: Over 2 years (2022 to 2024), Karat Packaging's change in income taxes has grown at a -12.6% compound annual growth rate (CAGR), from -$85K to $65K.
What does change in income taxes mean?: Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.