Karat Packaging Inc. Annual Income Tax Expense (Benefit) in USD from 2020 to 2023

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 growth rate from 2020 to 2023.
  • Karat Packaging Inc. Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $2.6M, a 10.6% decline year-over-year.
  • Karat Packaging Inc. Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $8.17M, a 13% decline year-over-year.
  • 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.
  • Karat Packaging Inc. annual Income Tax Expense (Benefit) for 2021 was $5.09M, a 3.23% decline from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $9.8M +$3.13M +46.9% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-15
2022 $6.68M +$1.59M +31.2% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-15
2021 $5.09M -$170K -3.23% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-16
2020 $5.26M Jan 1, 2020 Dec 31, 2020 10-K/A 2022-11-09
* An asterisk sign (*) next to the value indicates that the value is likely invalid.