What is Karat Packaging's unrecognized tax benefits?

Karat Packaging (KRT) reported unrecognized tax benefits of $0 in Q1 2026.

What does unrecognized tax benefits mean?

This represents the amount of tax benefits from uncertain tax positions that have not been recognized in the financial statements because they do not meet the 'more-likely-than-not' threshold. It reflects the company's exposure to potential tax audits and disputes with tax authorities. This is a key indicator of tax-related legal and financial risk.

Karat Packaging KRT Unrecognized Tax Benefits

Unrecognized Tax Benefits at other companies

Carter'sCRI

$6.3M-25.0%

Hour Loop, Inc.HOUR

$17.82K—

BRI

Bridgford FoodsBRID

$369K+5.7%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$7.2M-6.9%

CapEx$565.0K+428%

Free cash flow$6.6M-13.0%

Valuation

See full

Market cap$667.99M+23.6%

Enterprise value$728.64M+19.6%

P/E21×+4.1×

P/S1.4×+0.2×

Profitability

See full

Gross margin35.9%-3.0pp

Operating margin8.7%0.0pp

Net margin6.6%-0.4pp

FCF margin6.7%-4.5pp

Returns & leverage

See full

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:UnrecognizedTaxBenefits.

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

Ask your AI about Karat Packaging's unrecognized tax benefits.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Karat Packaging's unrecognized tax benefits?: Karat Packaging (KRT) reported unrecognized tax benefits of $0 in Q1 2026.
What does unrecognized tax benefits mean?: This represents the amount of tax benefits from uncertain tax positions that have not been recognized in the financial statements because they do not meet the 'more-likely-than-not' threshold. It reflects the company's exposure to potential tax audits and disputes with tax authorities. This is a key indicator of tax-related legal and financial risk.