Cricut, Inc. (CRCT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 159.47M | 203.6M | 170.44M | 172.11M | 162.63M | 209.31M | 167.89M | 167.95M | 167.39M | 231.25M | 174.91M | 177.76M | 181.23M | 280.76M | 177M | 183.76M | 244.78M | 387.83M | 260.09M | 334.49M |
| Revenue Growth % | -1.94% | -2.73% | 1.52% | 2.48% | -2.84% | -9.49% | -4.01% | -5.52% | -7.63% | -17.64% | -1.18% | -3.26% | -25.96% | -27.61% | -31.95% | -45.06% | -24.41% | 4.54% | 24.44% | - |
| Cost of Goods Sold | 66.77M | 107.15M | 76.34M | 70.57M | 64.29M | 115.32M | 90.53M | 78.11M | 75.8M | 134.21M | 92.97M | 90.11M | 104.56M | 197.15M | 95.16M | 98.33M | 145.76M | 283M | 158.02M | 204.2M |
| COGS % of Revenue | 41.87% | 52.63% | 44.79% | 41% | 39.53% | 55.09% | 53.92% | 46.51% | 45.28% | 58.04% | 53.16% | 50.69% | 57.7% | 70.22% | 53.77% | 53.51% | 59.55% | 72.97% | 60.76% | 61.05% |
| Gross Profit | 92.7M | 96.45M | 94.1M | 101.54M | 98.35M | 93.99M | 77.36M | 89.84M | 91.59M | 97.04M | 81.93M | 87.66M | 76.67M | 83.61M | 81.83M | 85.43M | 99.02M | 104.82M | 102.06M | 130.29M |
| Gross Margin % | 58.13% | 47.37% | 55.21% | 59% | 60.47% | 44.91% | 46.08% | 53.49% | 54.72% | 41.96% | 46.84% | 49.31% | 42.3% | 29.78% | 46.23% | 46.49% | 40.45% | 27.03% | 39.24% | 38.95% |
| Gross Profit Growth % | -5.74% | 2.61% | 21.63% | 13.02% | 7.37% | -3.14% | -5.58% | 2.49% | 19.47% | 16.06% | 0.12% | 2.61% | -22.58% | -20.24% | -19.82% | -34.43% | -17.67% | -15.97% | 13.97% | - |
| Operating Expenses | 69.81M | 82.51M | 71.44M | 71.43M | 69.01M | 80.11M | 66.77M | 63.41M | 66.39M | 80.52M | 58.25M | 68.41M | 66.14M | 72.52M | 64.41M | 65.4M | 67.61M | 78.98M | 64.31M | 66.14M |
| OpEx % of Revenue | 43.78% | 40.53% | 41.92% | 41.5% | 42.43% | 38.28% | 39.77% | 37.75% | 39.66% | 34.82% | 33.3% | 38.48% | 36.49% | 25.83% | 36.39% | 35.59% | 27.62% | 20.37% | 24.73% | 19.77% |
| Selling, General & Admin | 53.21M | 65.27M | 54.58M | 54.67M | 53.35M | 64.12M | 51.53M | 49.09M | 51.54M | 65.53M | 42.34M | 52.06M | 48.34M | 54.93M | 45.67M | 45.34M | 47.08M | 56M | 43.78M | 45.54M |
| SG&A % of Revenue | 33.37% | 32.06% | 32.02% | 31.77% | 32.8% | 30.64% | 30.69% | 29.23% | 30.79% | 28.34% | 24.21% | 29.29% | 26.67% | 19.57% | 25.8% | 24.68% | 19.23% | 14.44% | 16.83% | 13.61% |
| Research & Development | 16.6M | 17.24M | 16.86M | 16.76M | 15.66M | 15.99M | 15.24M | 14.31M | 14.85M | 14.99M | 15.91M | 16.35M | 17.8M | 17.58M | 18.75M | 20.05M | 20.53M | 22.98M | 20.53M | 20.61M |
| R&D % of Revenue | 10.41% | 8.47% | 9.9% | 9.74% | 9.63% | 7.64% | 9.08% | 8.52% | 8.87% | 6.48% | 9.1% | 9.2% | 9.82% | 6.26% | 10.59% | 10.91% | 8.39% | 5.93% | 7.89% | 6.16% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 22.89M | 13.94M | 22.65M | 30.11M | 29.34M | 13.88M | 10.6M | 26.43M | 25.2M | 16.52M | 23.69M | 19.25M | 10.53M | 11.1M | 17.42M | 20.03M | 31.41M | 25.84M | 37.75M | 64.15M |
| Operating Margin % | 14.35% | 6.84% | 13.29% | 17.49% | 18.04% | 6.63% | 6.31% | 15.74% | 15.06% | 7.14% | 13.54% | 10.83% | 5.81% | 3.95% | 9.84% | 10.9% | 12.83% | 6.66% | 14.51% | 19.18% |
| Operating Income Growth % | -22% | 0.43% | 113.77% | 13.9% | 16.41% | -15.99% | -55.27% | 37.31% | 139.39% | 48.87% | 35.97% | -3.89% | -66.48% | -57.06% | -53.85% | -68.78% | -51.43% | -67.53% | -34.6% | - |
| EBITDA | 22.89M | 13.94M | 28.7M | 36.08M | 35.45M | 20.57M | 17.81M | 34.03M | 32.7M | 24.49M | 31.38M | 27.98M | 17.42M | 17.95M | 25.13M | 26.13M | 37.44M | 31.86M | 42.8M | 68.51M |
| EBITDA Margin % | 14.35% | 6.84% | 16.84% | 20.96% | 21.8% | 9.83% | 10.61% | 20.26% | 19.54% | 10.59% | 17.94% | 15.74% | 9.61% | 6.4% | 14.2% | 14.22% | 15.29% | 8.22% | 16.45% | 20.48% |
| EBITDA Growth % | -35.43% | -32.25% | 61.17% | 6.03% | 8.39% | -16% | -43.25% | 21.62% | 87.75% | 36.37% | 24.86% | 7.09% | -53.48% | -43.65% | -41.27% | -61.86% | -45.44% | -61.87% | -30.04% | - |
| D&A (Non-Cash Add-back) | 0 | 0 | 6.05M | 5.98M | 6.11M | 6.69M | 7.21M | 7.6M | 7.5M | 7.97M | 7.69M | 8.73M | 6.89M | 6.86M | 7.71M | 6.1M | 6.03M | 6.02M | 5.05M | 4.36M |
| EBIT | 0 | 13.94M | 25.81M | 33.92M | 32.7M | 16.71M | 14.25M | 29.87M | 26.11M | 26.64M | 25.6M | 22.94M | 12.92M | 12.61M | 17.42M | 20.03M | 31.41M | 25.84M | 37.75M | 64.15M |
| Net Interest Income | 0 | 1.89M | 2.16M | 3.5M | 3.28M | 2.75M | 2.63M | 2.97M | 2.34M | 0 | 1.26M | 3.04M | 1.67M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 2.22M | 2.11M | 2.34M | 3.58M | 3.36M | 2.83M | 2.72M | 3.05M | 2.42M | 0 | 1.34M | 3.12M | 1.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -80K | 224K | 183K | 81K | 79K | 81K | 84K | 80K | 81K | 0 | 81K | 80K | 79K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 2.2M | 1.86M | 2.98M | 3.74M | 3.28M | 2.76M | 3.57M | 3.36M | 3.08M | 1.96M | 1.83M | 3.69M | 2.31M | 1.51M | 235K | 322K | -39K | -41K | 24K | 14K |
| Pretax Income | 25.09M | 15.8M | 25.63M | 33.84M | 32.62M | 16.63M | 14.16M | 29.79M | 28.29M | 18.48M | 25.52M | 22.94M | 12.84M | 12.61M | 17.66M | 20.35M | 31.37M | 25.8M | 37.77M | 64.17M |
| Pretax Margin % | 15.73% | 7.76% | 15.04% | 19.66% | 20.06% | 7.95% | 8.44% | 17.74% | 16.9% | 7.99% | 14.59% | 12.91% | 7.09% | 4.49% | 9.98% | 11.07% | 12.81% | 6.65% | 14.52% | 19.18% |
| Income Tax | 4.77M | 8.01M | 5.12M | 9.36M | 8.71M | 4.71M | 2.67M | 10.02M | 8.64M | 7.2M | 8.29M | 6.92M | 3.75M | 1.72M | 5.21M | 6.52M | 7.86M | 13.88M | 7.77M | 15.04M |
| Effective Tax Rate % | 19% | 50.68% | 19.97% | 27.64% | 26.69% | 28.3% | 18.88% | 33.64% | 30.55% | 38.93% | 32.49% | 30.15% | 29.16% | 13.6% | 29.52% | 32.06% | 25.07% | 53.78% | 20.56% | 23.44% |
| Net Income | 20.32M | 7.79M | 20.51M | 24.49M | 23.91M | 11.93M | 11.49M | 19.77M | 19.65M | 11.29M | 17.23M | 16.02M | 9.1M | 10.89M | 12.44M | 13.83M | 23.5M | 11.92M | 30M | 49.13M |
| Net Margin % | 12.74% | 3.83% | 12.03% | 14.23% | 14.7% | 5.7% | 6.84% | 11.77% | 11.74% | 4.88% | 9.85% | 9.01% | 5.02% | 3.88% | 7.03% | 7.52% | 9.6% | 3.07% | 11.54% | 14.69% |
| Net Income Growth % | -15.04% | -34.67% | 78.55% | 23.87% | 21.72% | 5.65% | -33.31% | 23.37% | 115.92% | 3.65% | 38.42% | 15.89% | -61.29% | -8.66% | -58.53% | -71.85% | -52.44% | -80.59% | -33.63% | - |
| Net Income (Continuing) | 20.32M | 7.79M | 20.51M | 24.49M | 23.91M | 11.93M | 11.49M | 19.77M | 19.65M | 11.29M | 17.23M | 16.02M | 9.1M | 10.89M | 12.44M | 13.83M | 23.5M | 11.92M | 30M | 49.13M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.10 | 0.03 | 0.10 | 0.11 | 0.11 | 0.06 | 0.05 | 0.09 | 0.09 | 0.05 | 0.08 | 0.07 | 0.04 | 0.05 | 0.06 | 0.06 | 0.11 | 0.05 | 0.13 | 0.22 |
| EPS Growth % | -9.09% | -37.48% | 79.14% | 22.22% | 21.41% | 11% | -33.5% | 23.46% | 126.5% | 0.81% | 33.33% | 21.5% | -63.64% | -0.8% | -53.85% | -72.73% | -54.17% | -82.76% | -35% | - |
| EPS (Basic) | 0.10 | 0.04 | 0.10 | 0.12 | 0.11 | 0.06 | 0.05 | 0.09 | 0.09 | 0.05 | 0.08 | 0.07 | 0.04 | 0.05 | 0.06 | 0.06 | 0.11 | 0.06 | 0.14 | 0.24 |
| Diluted Shares Outstanding | 212.55M | 214.69M | 215.29M | 214.53M | 213.84M | 215.01M | 215.75M | 217.5M | 216.87M | 218.67M | 220.42M | 219.92M | 218.75M | 219.71M | 220.35M | 220.79M | 220.97M | 222.9M | 224.33M | 222.95M |
| Basic Shares Outstanding | 210.52M | 211.86M | 212.26M | 211.87M | 212.45M | 213.7M | 214.77M | 216.42M | 215.55M | 217.25M | 217.74M | 216.96M | 215.59M | 215.66M | 215.35M | 214.85M | 212.4M | 210.78M | 208.99M | 208.21M |
| Dividend Payout Ratio | - | 0.37% | 880.37% | - | 89.88% | 1.65% | 942.1% | 0.55% | 7.32% | 2.75% | 1265.67% | 1.73% | 830.1% | - | - | - | - | - | - | - |