CRCT · Cricut, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q4 '24 | Q3 '24 | Q2 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $159.47M | - | $170.44M | $172.11M | $167.39M | - | $167.89M | $167.95M | - | $174.91M |
| Cost of Revenue | $66.77M | - | $76.34M | $70.57M | $75.80M | - | $90.53M | $78.11M | - | $92.97M |
| Gross Profit | $92.70M | - | $94.10M | $101.54M | $91.59M | - | $77.36M | $89.84M | - | $81.93M |
| R&D | $16.60M | - | $16.86M | $16.76M | $14.85M | - | $15.24M | $14.31M | - | $15.91M |
| SG&A | $16.88M | - | $17.11M | $18.80M | $18.51M | - | $16.25M | $15.74M | - | $13.96M |
| Total Operating Expenses | $69.81M | - | $71.44M | $71.43M | $66.39M | - | $66.77M | $63.41M | - | $58.25M |
| D&A | $5.61M | - | - | - | $7.50M | - | - | - | - | - |
| Operating Income | $22.89M | - | $22.65M | $30.11M | $25.20M | - | $10.60M | $26.43M | - | $23.69M |
| Interest Expense | $80.0K | - | $183.0K | $81.0K | $81.0K | - | $81.0K | $80.0K | - | - |
| Income Tax | $4.77M | - | $5.12M | $9.36M | $8.64M | - | $2.67M | $10.02M | - | $8.29M |
| Net Income | $20.32M | - | $20.51M | $24.49M | $19.65M | - | $11.49M | $19.77M | - | $17.23M |
| EPS - Basic | $0.10 | - | $0.10 | $0.12 | $0.09 | - | $0.05 | $0.09 | - | $0.08 |
| EPS - Diluted | $0.10 | - | $0.10 | $0.11 | $0.09 | - | $0.05 | $0.09 | - | $0.08 |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q4 '24 | Q3 '24 | Q2 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $236.50M | $256.22M | $187.87M | $298.06M | $252.14M | $232.14M | $142.38M | $195.55M | $142.19M | $72.55M |
| Accounts Receivable | $67.71M | $92.01M | $88.54M | $81.99M | $72.33M | $101.98M | $93.30M | $83.75M | $111.25M | $92.19M |
| Inventory | $114.22M | $113.53M | $147.97M | $140.92M | $134.44M | $134.27M | $192.14M | $224.33M | $277.51M | $326.46M |
| Accounts Payable | $57.19M | $71.55M | $68.32M | $71.98M | $58.27M | $53.37M | $45.52M | $33.97M | $76.86M | $80.01M |
| Current Assets | $461.93M | $499.59M | $441.10M | $599.19M | $561.23M | $580.21M | $540.76M | $611.15M | $619.97M | $585.77M |
| Total Assets | $543.76M | $580.81M | $564.25M | $721.51M | $681.65M | $693.03M | $663.76M | $742.11M | $750.12M | $718.95M |
| Current Liabilities | $169.86M | $221.07M | $187.04M | $393.10M | $170.97M | $203.37M | $171.31M | $276.26M | $196.46M | $173.97M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $186.27M | $237.25M | $205.86M | $412.57M | $191.48M | $226.27M | $187.93M | $293.57M | $215.25M | $192.68M |
| Stockholders' Equity | $357.49M | $343.56M | $358.39M | $308.94M | $490.17M | $466.76M | $475.84M | $448.54M | $534.87M | $526.27M |
| Retained Earnings | $27.48M | $3.96M | $20.51M | $0 | $26.00M | $0 | $11.49M | $0 | $28.51M | $17.23M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q4 '24 | Q3 '24 | Q2 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $26.85M | - | - | - | $56.69M | - | - | - | - | - |
| Investing Cash Flow | ($9.13M) | - | - | - | ($5.12M) | - | - | - | - | - |
| Financing Cash Flow | ($37.39M) | - | - | - | ($14.64M) | - | - | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q4 '24 | Q3 '24 | Q2 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 58.1% | - | 55.2% | 59.0% | 54.7% | - | 46.1% | 53.5% | - | 46.8% |
| Operating margin | 14.4% | - | 13.3% | 17.5% | 15.1% | - | 6.3% | 15.7% | - | 13.5% |
| EBITDA margin | 17.9% | - | - | - | 19.5% | - | - | - | - | - |
| Net margin | 12.7% | - | 12.0% | 14.2% | 11.7% | - | 6.8% | 11.8% | - | 9.8% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | 10.4% | - | 9.9% | 9.7% | 8.9% | - | 9.1% | 8.5% | - | 9.1% |
| SG&A / Revenue | 10.6% | - | 10.0% | 10.9% | 11.1% | - | 9.7% | 9.4% | - | 8.0% |
| Effective tax rate | 19.0% | - | 20.0% | 27.6% | 30.6% | - | 18.9% | 33.6% | - | 32.5% |
| Return on assets | 3.7% | - | 3.6% | 3.4% | 2.9% | - | 1.7% | 2.7% | - | 2.4% |
| Return on equity | 5.7% | - | 5.7% | 7.9% | 4.0% | - | 2.4% | 4.4% | - | 3.3% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.72 | 2.26 | 2.36 | 1.52 | 3.28 | 2.85 | 3.16 | 2.21 | 3.16 | 3.37 |
| Quick ratio | 2.05 | 1.75 | 1.57 | 1.17 | 2.50 | 2.19 | 2.03 | 1.40 | 1.74 | 1.49 |
| Cash ratio | 1.39 | 1.16 | 1.00 | 0.76 | 1.47 | 1.14 | 0.83 | 0.71 | 0.72 | 0.42 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 286.1x | - | 123.8x | 371.7x | 311.2x | - | 130.8x | 330.4x | - | - |
| Equity multiplier | 1.52 | 1.69 | 1.57 | 2.34 | 1.39 | 1.48 | 1.39 | 1.65 | 1.40 | 1.37 |
| Liabilities / Assets | 0.34 | 0.41 | 0.36 | 0.57 | 0.28 | 0.33 | 0.28 | 0.40 | 0.29 | 0.27 |
| Efficiency | ||||||||||
| Asset turnover | 0.29 | - | 0.30 | 0.24 | 0.25 | - | 0.25 | 0.23 | - | 0.24 |
| Inventory turnover | 0.58 | - | 0.52 | 0.50 | 0.56 | - | 0.47 | 0.35 | - | 0.28 |
| Days sales outstanding | 155d | - | 190d | 174d | 158d | - | 203d | 182d | - | 192d |
| Days inventory outstanding | 624d | - | 707d | 729d | 647d | - | 775d | 1048d | - | 1282d |
| Days payable outstanding | 313d | - | 327d | 372d | 281d | - | 184d | 159d | - | 314d |
| Cash conversion cycle | 467d | - | 570d | 530d | 524d | - | 794d | 1072d | - | 1160d |
| Valuation | ||||||||||
| P / E | 37.4x | - | 62.9x | 61.5x | 57.2x | - | 138.6x | 66.6x | - | 116.1x |
| P / B | 2.2x | - | 3.8x | 4.7x | 2.3x | - | 3.1x | 2.9x | - | 3.9x |
| P / S | 5.0x | - | 7.9x | 8.4x | 6.7x | - | 8.9x | 7.8x | - | 11.7x |
| EV / EBITDA | 19.6x | - | - | - | 26.4x | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | 1.5% | 2.5% | -7.6% | - | -4.0% | -5.5% | - | -1.2% |
| Revenue CAGR (3y) | -4.2% | - | -1.3% | -2.2% | 5.2% | - | -13.6% | -20.5% | - | - |
| Revenue CAGR (5y) | 2.1% | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | 21.6% | 13.0% | 19.5% | - | -5.6% | 2.5% | - | 0.1% |
| Operating income growth (YoY) | - | - | 113.8% | 13.9% | 139.4% | - | -55.3% | 37.3% | - | 36.0% |
| Net income growth (YoY) | - | - | 78.6% | 23.9% | 115.9% | - | -33.3% | 23.4% | - | 38.4% |
| EPS growth (YoY) | - | - | 100.0% | 22.2% | 125.0% | - | -37.5% | 28.6% | - | 33.3% |
| EPS CAGR (3y) | 35.7% | - | 18.6% | 22.4% | 14.5% | - | -39.0% | -19.1% | - | - |
| EPS CAGR (5y) | 10.8% | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | -26.4% | -24.7% | -31.1% | -29.4% | -12.7% | -9.6% | -7.0% | -20.5% | -29.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$708.78M totalAccessories And Materials$381.38M · 53.8%
Subscriptions$327.40M · 46.2%
Product / service
$1.09B totalProducts Member$381.38M · 35.0%
Platform$327.40M · 30.0%
Connected Machines$192.44M · 17.7%
Accessories And Materials$188.94M · 17.3%
Geographic
$708.78M totalNorth America$539.08M · 76.1%
International$169.70M · 23.9%
Peer comparison
Same SIC group: Special Industry Machinery, NEC
Comparing Cricut against the 5 most active filers in the same SIC group.
Dividends
$0.95/share trailing 12 months · +58.3% YoY
| Ex-date | Per share |
|---|---|
| Jan 6, 2026 | $0.1000 |
| Jul 7, 2025 | $0.8500 |
| Jan 7, 2025 | $0.1000 |
| Jul 2, 2024 | $0.5000 |
| Jun 30, 2023 | $1.0000 |
| Jan 31, 2023 | $0.3500 |