Income Tax Expense (Benefit) in USD of Karat Packaging Inc. from Q1 2020 to Q3 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Karat Packaging Inc. quarterly/annual Income Tax Expense (Benefit) history and change rate from Q1 2020 to Q3 2025.
  • Karat Packaging Inc. Income Tax Expense (Benefit) for the quarter ending 30 Sep 2025 was $2.3M, a 11.3% decline year-over-year.
  • Karat Packaging Inc. Income Tax Expense (Benefit) for the twelve months ending 30 Sep 2025 was $10.3M, a 26.6% increase year-over-year.
  • Karat Packaging Inc. annual Income Tax Expense (Benefit) for 2024 was $9.87M, a 0.68% increase from 2023.
  • Karat Packaging Inc. annual Income Tax Expense (Benefit) for 2023 was $9.8M, a 46.9% increase from 2022.
  • Karat Packaging Inc. annual Income Tax Expense (Benefit) for 2022 was $6.68M, a 31.2% increase from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Change (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Change (%)

Karat Packaging Inc. Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2025 $10.3M $2.3M -$293K -11.3% 01 Jul 2025 30 Sep 2025 10-Q 07 Nov 2025
Q2 2025 $10.6M $3.46M +$618K +21.8% 01 Apr 2025 30 Jun 2025 10-Q 08 Aug 2025
Q1 2025 $10M $2.12M +$146K +7.39% 01 Jan 2025 31 Mar 2025 10-Q 09 May 2025
Q4 2024 $9.87M $2.46M +$1.7M +224% 01 Oct 2024 31 Dec 2024 10-K 14 Mar 2025
Q3 2024 $8.17M $2.6M -$307K -10.6% 01 Jul 2024 30 Sep 2024 10-Q 07 Nov 2025
Q2 2024 $8.48M $2.84M -$482K -14.5% 01 Apr 2024 30 Jun 2024 10-Q 08 Aug 2025
Q1 2024 $8.96M $1.98M -$843K -29.9% 01 Jan 2024 31 Mar 2024 10-Q 09 May 2025
Q4 2023 $9.8M $759K +$406K +115% 01 Oct 2023 31 Dec 2023 10-K 14 Mar 2025
Q3 2023 $9.4M $2.9M +$1M +52.8% 01 Jul 2023 30 Sep 2023 10-Q 08 Nov 2024
Q2 2023 $8.39M $3.32M +$1.58M +90.3% 01 Apr 2023 30 Jun 2023 10-Q 09 Aug 2024
Q1 2023 $6.82M $2.82M +$141K +5.27% 01 Jan 2023 31 Mar 2023 10-Q 10 May 2024
Q4 2022 $6.68M $353K -$735K -67.6% 01 Oct 2022 31 Dec 2022 10-K 15 Mar 2024
Q3 2022 $7.41M $1.9M +$632K +49.8% 01 Jul 2022 30 Sep 2022 10-Q 09 Nov 2023
Q2 2022 $6.78M $1.75M +$199K +12.9% 01 Apr 2022 30 Jun 2022 10-Q 09 Aug 2023
Q1 2022 $6.58M $2.68M +$1.49M +126% 01 Jan 2022 31 Mar 2022 10-Q 10 May 2023
Q4 2021 $5.09M $1.09M +$1.31M 01 Oct 2021 31 Dec 2021 10-K 16 Mar 2023
Q3 2021 $3.78M $1.27M -$183K -12.6% 01 Jul 2021 30 Sep 2021 10-Q 14 Nov 2022
Q2 2021 $3.96M $1.55M -$2.29M -59.6% 01 Apr 2021 30 Jun 2021 10-Q 11 Aug 2022
Q1 2021 $6.25M $1.19M +$986K +493% 01 Jan 2021 31 Mar 2021 10-Q 12 May 2022
Q4 2020 $5.26M -$224K 01 Oct 2020 31 Dec 2020 10-K/A 09 Nov 2022
Q3 2020 $1.45M 01 Jul 2020 30 Sep 2020 10-Q 12 Nov 2021
Q2 2020 $3.83M 01 Apr 2020 30 Jun 2020 10-Q 13 Aug 2021
Q1 2020 $200K 01 Jan 2020 31 Mar 2020 10-Q 28 May 2021

Karat Packaging Inc. Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $9.87M +$67K +0.68% 01 Jan 2024 31 Dec 2024 10-K 14 Mar 2025
2023 $9.8M +$3.13M +46.9% 01 Jan 2023 31 Dec 2023 10-K 14 Mar 2025
2022 $6.68M +$1.59M +31.2% 01 Jan 2022 31 Dec 2022 10-K 15 Mar 2024
2021 $5.09M -$170K -3.23% 01 Jan 2021 31 Dec 2021 10-K 16 Mar 2023
2020 $5.26M 01 Jan 2020 31 Dec 2020 10-K/A 09 Nov 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.