Cricut, Inc. (CRCT) Revenue History
Annual and quarterly revenue from 2018 to 2025
Compound Annual Growth Rate (CAGR)
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CRCT Revenue Growth
Revenue Breakdown (FY 2025)
CRCT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
CRCT Revenue Analysis (2018–2025)
As of May 8, 2026, Cricut, Inc. (CRCT) generated trailing twelve-month (TTM) revenue of $705.6 million, reflecting slight decline in growth of -1.9% year-over-year. The most recent quarter (Q1 2026) recorded $159.5 million in revenue, down 21.7% sequentially.
Looking at the longer-term picture, CRCT's 5-year compound annual growth rate (CAGR) stands at -5.9%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $1.31 billion in 2021.
Revenue diversification analysis shows CRCT's business is primarily driven by Platform (46%), Connected Machines (27%), and Accessories And Materials (27%).
When compared to Technology sector peers including SONO (-0.2% YoY), LOGI (+6.3% YoY), and GPRO (-18.7% YoY), CRCT has underperformed the peer group in terms of revenue growth. Compare CRCT vs SONO →
CRCT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CRCTCurrent | $706M | -1.9% | -5.9% | 13.5% | |
 SONO | $1.4B | -0.2% | +1.7% | -3.5% | |
 LOGI | $4.8B | +6.3% | -1.6% | 16.0% | |
 GPRO | $652M | -18.7% | -6.1% | -12.8% | |
 SSYS | $551M | -3.7% | +1.1% | -10.7% | |
 DDD | $387M | -12.1% | -7.0% | -24.8% |
CRCT Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $708.8M | -0.5% | $390.4M | 55.1% | $96.0M | 13.5% |
| 2024 | $712.5M | -6.9% | $352.8M | 49.5% | $76.1M | 10.7% |
| 2023 | $765.1M | -13.7% | $343.3M | 44.9% | $70.0M | 9.1% |
| 2022 | $886.3M | -32.1% | $349.9M | 39.5% | $80.0M | 9.0% |
| 2021 | $1.31B | +36.2% | $457.4M | 35.0% | $192.4M | 14.7% |
| 2020 | $959.0M | +97.1% | $332.4M | 34.7% | $200.5M | 20.9% |
| 2019 | $486.6M | +43.2% | $142.3M | 29.3% | $53.6M | 11.0% |
| 2018 | $339.8M | - | $111.1M | 32.7% | $38.0M | 11.2% |
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Start ComparisonCRCT — Frequently Asked Questions
Quick answers to the most common questions about buying CRCT stock.
Is CRCT's revenue growth accelerating or slowing?
CRCT revenue growth slowed to -1.9%, below the 5-year CAGR of -5.9%. TTM revenue is $706M. The deceleration marks a shift from historical growth rates.
What is CRCT's long-term revenue growth rate?
Cricut, Inc.'s 5-year revenue CAGR of -5.9% reflects the variable expansion pattern. Current YoY growth of -1.9% is near this long-term average.
How is CRCT's revenue distributed by segment?
CRCT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2025 are available for download. Segment mix reveals concentration and diversification trends.