Cricut (CRCT) Financials

$4.44 +0.22 (+5.21%)

Closing price 05/6/2026 04:00 PM Eastern

Extended Trading

$4.44 +0.00 (+0.11%)

As of 07:00 AM Eastern

Annual Income Statements for Cricut

This table shows Cricut's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	39	155	140	61	54	63	77
Consolidated Net Income / (Loss)	39	155	140	61	54	63	77
Net Income / (Loss) Continuing Operations	39	155	140	61	54	63	77
Total Pre-Tax Income	50	199	192	82	80	89	108
Total Operating Income	54	201	192	80	70	76	96
Total Gross Profit	142	332	457	350	343	353	390
Total Revenue	487	959	1,306	886	765	713	709
Operating Revenue	487	959	1,306	886	765	713	709
Total Cost of Revenue	344	627	849	536	422	360	318
Operating Cost of Revenue	344	627	849	536	422	360	318
Total Operating Expenses	89	132	265	270	273	277	294
Selling, General & Admin Expense	22	30	51	63	85	73	68
Marketing Expense	40	63	134	130	123	143	159
Research & Development Expense	27	39	80	77	65	60	67
Total Other Income / (Expense), net	-3.29	-1.32	-0.25	2.03	9.80	13	12
Interest Expense	-	-	0.30	0.29	0.32	0.33	0.57
Interest & Investment Income	-	-	-	1.81	7.98	11	11
Other Income / (Expense), net	-3.29	-1.32	0.05	0.51	2.15	2.08	1.04
Income Tax Expense	11	45	52	21	26	26	31
Basic Earnings per Share	$0.19	$0.74	$0.67	$0.28	$0.25	$0.29	$0.36
Weighted Average Basic Shares Outstanding	208.12M	208.12M	208.83M	214.46M	216.89M	215.11M	215.18M
Diluted Earnings per Share	$0.19	$0.74	$0.64	$0.28	$0.24	$0.29	$0.35
Weighted Average Diluted Shares Outstanding	208.12M	208.12M	219.78M	220.59M	219.72M	215.65M	217.31M
Weighted Average Basic & Diluted Shares Outstanding	-	-	221.94M	219.42M	216.80M	212.54M	211.78M

This table shows Cricut's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2025	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	16	17	11	24	20	11	12	24	24	21	20
Consolidated Net Income / (Loss)	16	17	11	24	20	11	12	24	24	21	20
Net Income / (Loss) Continuing Operations	16	17	11	24	20	11	12	24	24	21	20
Total Pre-Tax Income	23	26	18	33	30	14	17	33	34	26	25
Total Operating Income	19	24	17	29	26	11	14	29	30	23	23
Total Gross Profit	88	82	97	98	90	77	94	98	102	94	93
Total Revenue	178	175	231	163	168	168	209	163	172	170	159
Operating Revenue	178	175	231	163	168	168	209	163	172	170	159
Total Cost of Revenue	90	93	134	64	78	91	115	64	71	76	67
Operating Cost of Revenue	90	93	134	64	78	91	115	64	71	76	67
Total Operating Expenses	68	58	81	69	63	67	80	69	71	71	70
Selling, General & Admin Expense	23	14	30	17	16	16	22	17	19	17	17
Marketing Expense	29	28	36	37	33	35	42	37	36	37	36
Research & Development Expense	16	16	15	16	14	15	16	16	17	17	17
Total Other Income / (Expense), net	3.69	1.83	1.96	3.28	3.36	3.57	2.76	3.28	3.74	2.98	2.20
Interest Expense	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.18	0.08
Interest & Investment Income	3.12	1.34	1.77	3.36	3.05	2.72	2.83	3.36	3.58	2.34	2.22
Other Income / (Expense), net	0.65	0.57	0.28	0.00	0.39	0.93	0.01	0.00	0.24	0.82	0.06
Income Tax Expense	6.92	8.29	7.20	8.71	10	2.67	4.71	8.71	9.36	5.12	4.77
Basic Earnings per Share	$0.07	$0.08	$0.06	$0.11	$0.09	$0.05	$0.06	$0.11	$0.12	$0.10	$0.10
Weighted Average Basic Shares Outstanding	216.96M	217.74M	216.89M	212.45M	216.42M	214.77M	215.11M	212.45M	211.87M	212.26M	210.52M
Diluted Earnings per Share	$0.07	$0.08	$0.05	$0.11	$0.09	$0.05	$0.06	$0.11	$0.11	$0.10	$0.10
Weighted Average Diluted Shares Outstanding	219.92M	220.42M	219.72M	213.84M	217.50M	215.75M	215.65M	213.84M	214.53M	215.29M	212.55M
Weighted Average Basic & Diluted Shares Outstanding	219.83M	219.17M	216.80M	211.78M	216.37M	214.45M	212.54M	-	212.47M	211.75M	209.90M

This table details how cash moves in and out of Cricut's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	0.64	116	119	-17	-83	90	24
Net Cash From Operating Activities	3.86	248	-105	118	288	265	200
Net Cash From Continuing Operating Activities	3.86	252	-105	118	288	265	200
Net Income / (Loss) Continuing Operations	39	155	140	61	54	63	77
Consolidated Net Income / (Loss)	39	155	140	61	54	63	77
Depreciation Expense	9.18	14	19	27	30	29	24
Non-Cash Adjustments To Reconcile Net Income	8.50	17	48	59	88	47	16
Changes in Operating Assets and Liabilities, net	-53	67	-313	-29	116	126	83
Net Cash From Investing Activities	-14	-22	-36	-108	-49	-18	61
Net Cash From Continuing Investing Activities	-14	-22	-36	-108	-49	-18	61
Purchase of Property, Plant & Equipment	-14	-22	-36	-34	-24	-18	-24
Purchase of Investments	-	0.00	0.00	-180	-63	-111	0.00
Sale and/or Maturity of Investments	-	0.00	0.00	106	38	111	85
Net Cash From Financing Activities	11	-111	260	-26	-322	-156	-237
Net Cash From Continuing Financing Activities	11	-111	260	-26	-322	-156	-237
Repayment of Debt	-492	-286	-0.22	-1.31	0.00	0.00	0.00
Repurchase of Common Equity	-0.73	-3.04	0.00	-19	-20	-38	-25
Payment of Dividends	0.00	-51	0.00	0.00	-294	-110	-202
Other Financing Activities, net	1.17	1.01	-1.55	-6.35	-7.72	-7.97	-11
Effect of Exchange Rate Changes	-0.03	0.09	-0.13	-0.22	0.11	-0.25	0.63
Cash Interest Paid	3.30	1.31	0.01	0.00	0.00	0.00	0.00
Cash Income Taxes Paid	6.65	42	81	29	24	44	15

This table details how cash moves in and out of Cricut's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2025	6/30/2024	9/30/2024	12/31/2024	3/31/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	54	-214	70	20	17	-53	90	20	-110	68	-20
Net Cash From Operating Activities	64	36	92	61	35	70	103	61	20	82	27
Net Cash From Continuing Operating Activities	64	36	92	61	35	70	103	61	20	82	27
Net Income / (Loss) Continuing Operations	16	17	11	24	20	11	12	24	21	7.79	20
Consolidated Net Income / (Loss)	16	17	11	24	20	11	12	24	21	7.79	20
Depreciation Expense	7.49	7.69	7.97	6.11	7.60	7.21	6.70	6.11	6.05	6.30	5.61
Non-Cash Adjustments To Reconcile Net Income	23	17	27	3.95	7.57	16	10	3.95	3.20	4.18	6.49
Changes in Operating Assets and Liabilities, net	18	-5.83	46	27	0.02	36	74	27	-9.29	64	-5.56
Net Cash From Investing Activities	-5.08	-31	-4.78	-4.89	-4.85	-4.47	-3.89	-4.89	52	-7.23	-9.13
Net Cash From Continuing Investing Activities	-5.08	-31	-4.78	-4.89	-4.85	-4.47	-3.89	-4.89	52	-7.23	-9.13
Purchase of Property, Plant & Equipment	-5.08	-6.12	-4.78	-4.89	-4.85	-4.48	-3.89	-4.89	-6.59	-7.23	-9.13
Purchase of Investments	-	-44	-19	0.00	-	-85	-	0.00	-	-	0.00
Sale and/or Maturity of Investments	-	19	19	0.00	-	85	-	0.00	59	-	0.00
Net Cash From Financing Activities	-5.53	-219	-18	-36	-14	-119	-9.03	-36	-183	-6.96	-37
Net Cash From Continuing Financing Activities	-5.53	-219	-18	-36	-14	-119	-9.03	-36	-183	-6.96	-37
Repurchase of Common Equity	-0.97	-0.35	-16	-12	-9.31	-10	-8.01	-12	-2.35	-5.65	-12
Payment of Dividends	-0.28	-218	-0.31	-21	-0.11	-108	-0.20	-21	-181	-0.03	-21
Other Financing Activities, net	-4.29	-0.36	-1.78	-2.92	-4.13	-0.60	-0.83	-2.92	-	-1.28	-3.97
Effect of Exchange Rate Changes	-0.03	-0.10	0.21	0.14	-0.01	0.27	-0.39	0.14	-0.10	0.11	-0.05
Cash Income Taxes Paid	12	9.50	2.48	0.28	30	4.51	8.70	0.28	4.27	0.14	0.31

This table presents Cricut's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	581	1,006	950	750	693	581
Total Current Assets	539	928	811	620	580	500
Cash & Equivalents	122	242	225	142	232	256
Short-Term Investments	-	0.00	74	103	105	19
Accounts Receivable	163	200	137	111	102	92
Inventories, net	249	454	352	244	115	103
Prepaid Expenses	4.92	33	24	19	26	29
Plant, Property, & Equipment, net	33	53	63	48	38	40
Total Noncurrent Assets	9.15	25	75	83	75	41
Noncurrent Deferred & Refundable Income Taxes	3.12	3.26	24	35	39	13
Other Noncurrent Operating Assets	3.75	20	50	48	36	28
Total Liabilities & Shareholders' Equity	581	1,006	950	750	693	581
Total Liabilities	352	332	277	215	226	237
Total Current Liabilities	347	308	254	196	203	221
Accounts Payable	252	205	63	77	53	72
Dividends Payable	-	0.00	81	2.14	24	24
Current Deferred Revenue	24	31	35	40	45	50
Other Current Liabilities	71	73	75	77	80	75
Total Noncurrent Liabilities	5.98	24	23	19	23	16
Noncurrent Deferred Revenue	2.76	4.86	3.79	2.93	2.83	2.87
Other Noncurrent Operating Liabilities	3.22	19	19	16	20	13
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	229	674	673	535	467	344
Total Preferred & Common Equity	229	674	673	535	467	344
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	229	674	673	535	467	344
Common Stock	413	718	673	506	467	339
Retained Earnings	-184	-44	0.00	29	0.00	3.96
Accumulated Other Comprehensive Income / (Loss)	0.01	-0.06	-0.48	0.28	-0.01	0.17

This table presents Cricut's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q2 2025	Q3 2025	Q1 2026
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2025	6/30/2024	9/30/2024	6/30/2025	9/30/2025	3/31/2026
Total Assets	947	920	846	898	719	682	742	664	722	564	544
Total Current Assets	825	803	707	763	586	561	611	541	599	441	462
Cash & Equivalents	148	124	232	286	73	252	196	142	298	188	236
Short-Term Investments	84	74	75	75	101	105	104	105	79	19	19
Accounts Receivable	81	88	90	89	92	72	84	93	82	89	68
Inventories, net	484	484	294	294	304	114	192	168	125	135	106
Prepaid Expenses	28	34	16	19	16	18	36	33	15	11	33
Plant, Property, & Equipment, net	63	63	61	58	58	37	42	40	38	39	44
Total Noncurrent Assets	58	53	78	77	75	84	89	83	85	84	38
Noncurrent Deferred & Refundable Income Taxes	3.26	3.28	27	31	36	44	44	47	50	54	14
Other Noncurrent Operating Assets	54	49	51	45	39	40	45	36	35	31	24
Total Liabilities & Shareholders' Equity	947	920	846	898	719	682	742	664	722	564	544
Total Liabilities	218	177	152	416	193	191	294	188	413	206	186
Total Current Liabilities	193	154	130	395	174	171	276	171	393	187	170
Accounts Payable	114	71	38	67	80	58	34	46	72	68	57
Dividends Payable	-	-	0.98	235	2.25	0.03	122	0.38	205	0.05	0.00
Current Deferred Revenue	31	29	39	40	38	51	45	43	51	49	55
Other Current Liabilities	48	53	52	54	54	62	75	82	65	70	58
Total Noncurrent Liabilities	25	23	22	21	19	21	17	17	19	19	16
Noncurrent Deferred Revenue	3.91	3.53	3.22	2.81	2.61	2.72	2.60	2.53	2.59	2.58	2.73
Other Noncurrent Operating Liabilities	21	20	19	18	16	18	15	14	17	16	14
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	728	743	694	482	526	490	449	476	309	358	357
Total Preferred & Common Equity	728	743	694	482	526	490	449	476	309	358	357
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	728	743	694	482	526	490	449	476	309	358	357
Common Stock	735	737	685	483	510	464	448	464	308	338	330
Retained Earnings	-6.23	6.22	9.10	0.00	17	26	0.00	11	0.00	21	27
Accumulated Other Comprehensive Income / (Loss)	-0.52	-0.37	-0.27	-0.64	-0.62	0.21	0.14	0.42	0.56	0.09	0.11

This table displays calculated financial ratios and metrics derived from Cricut's official financial filings.

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	211,745,114.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	211,745,114.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	0.36
Growth Metrics	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	42	156	140	59	47	54	68
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	8.79%	8.80%	11.53%	19.87%
Earnings before Interest and Taxes (EBIT)	50	199	192	80	72	78	97
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	59	213	212	107	102	107	122
Valuation Ratios	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	49	-185	37	209	191	130
Efficiency Ratios	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	0.00	107	432	454	292	154	92
Increase / (Decrease) in Invested Capital	0.00	107	326	22	-162	-138	-62
Book Value per Share	$0.00	$1.10	$3.03	$3.05	$2.44	$2.18	$1.62
Tangible Book Value per Share	$0.00	$1.09	$3.02	$3.04	$2.44	$2.18	$1.62
Total Capital	0.00	229	674	673	535	467	344
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	0.00	-122	-242	-299	-245	-337	-276
Capital Expenditures (CapEx)	14	22	36	34	24	18	24
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	70	378	258	178	40	2.87
Debt-free Net Working Capital (DFNWC)	0.00	192	620	557	424	377	279
Net Working Capital (NWC)	0.00	192	620	557	424	377	279
Net Nonoperating Expense (NNE)	2.57	1.02	0.02	-1.50	-6.59	-9.03	-8.43
Net Nonoperating Obligations (NNO)	0.00	-122	-242	-218	-243	-313	-251
Total Depreciation and Amortization (D&A)	9.18	14	19	27	30	29	24
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.67	$0.28	$0.25	$0.29	$0.36
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	208.83M	214.46M	216.89M	215.11M	215.18M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.64	$0.28	$0.24	$0.29	$0.35
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	219.78M	220.59M	219.72M	215.65M	217.31M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	221.94M	219.42M	216.80M	212.54M	211.78M
Normalized Net Operating Profit after Tax (NOPAT)	42	156	140	59	47	54	68
Debt Service Ratios	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from Cricut's official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	212,544,238.00	-	-	211,781,278.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	212,544,238.00	-	-	211,781,278.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	0.11	-	-	0.10
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.26%	-1.18%	-17.64%	-7.63%	-5.52%	-4.01%	-9.49%	0.00%	2.48%	1.52%	-1.94%
EBITDA Growth	3.57%	25.95%	36.07%	77.53%	25.64%	-41.34%	-16.89%	-3.78%	-15.25%	57.53%	-19.45%
EBIT Growth	-2.20%	37.38%	51.55%	132.35%	34.75%	-52.47%	-17.34%	0.00%	13.15%	103.61%	-21.82%
NOPAT Growth	-1.19%	30.24%	5.24%	134.68%	30.44%	-46.25%	-1.37%	0.00%	24.20%	110.90%	-13.82%
Net Income Growth	15.89%	38.42%	3.65%	115.92%	23.37%	-33.31%	5.65%	0.00%	23.87%	78.55%	-15.04%
EPS Growth	16.67%	33.33%	0.00%	125.00%	28.57%	-37.50%	20.00%	0.00%	22.22%	100.00%	-9.09%
Operating Cash Flow Growth	2,604.59%	394.23%	-21.34%	-35.73%	-45.75%	92.88%	11.96%	0.00%	0.00%	-70.85%	-56.10%
Free Cash Flow Firm Growth	184.26%	299.36%	1,496.86%	237.32%	-34.35%	-34.79%	-14.47%	-43.78%	53.80%	-28.43%	-153.71%
Invested Capital Growth	-28.46%	-34.85%	-35.76%	-65.57%	-23.66%	-35.40%	-47.15%	0.00%	-49.59%	-33.99%	0.00%
Revenue Q/Q Growth	-1.91%	-1.61%	32.21%	-27.61%	0.33%	-0.03%	24.67%	-22.30%	0.00%	-0.97%	0.00%
EBITDA Q/Q Growth	51.69%	16.64%	-22.48%	29.43%	2.89%	-45.54%	9.83%	72.20%	0.00%	-2.71%	0.00%
EBIT Q/Q Growth	78.18%	21.87%	-30.73%	54.47%	3.34%	-57.02%	20.46%	111.30%	0.00%	-22.65%	0.00%
NOPAT Q/Q Growth	80.26%	18.93%	-36.91%	73.51%	0.20%	-50.99%	15.76%	116.18%	0.00%	-16.78%	0.00%
Net Income Q/Q Growth	76.11%	7.50%	-34.47%	74.05%	0.62%	-41.89%	3.81%	100.52%	0.00%	-16.24%	0.00%
EPS Q/Q Growth	75.00%	14.29%	-37.50%	80.00%	0.00%	-44.44%	20.00%	83.33%	0.00%	-9.09%	0.00%
Operating Cash Flow Q/Q Growth	-32.29%	-43.49%	152.85%	-33.57%	-38.33%	100.91%	46.76%	-40.66%	0.00%	0.00%	-67.42%
Free Cash Flow Firm Q/Q Growth	92.22%	32.91%	-16.18%	57.52%	-23.92%	32.02%	9.95%	5.07%	0.00%	-38.56%	0.00%
Invested Capital Q/Q Growth	-8.33%	-0.17%	-17.76%	-54.25%	-0.11%	-15.52%	-32.72%	-100.00%	0.00%	10.62%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	49.31%	46.84%	41.96%	54.72%	53.49%	46.08%	44.91%	60.47%	59.00%	55.21%	58.13%
EBITDA Margin	15.41%	18.27%	10.71%	19.15%	20.49%	11.16%	9.83%	21.80%	17.63%	17.32%	17.91%
Operating Margin	10.83%	13.54%	7.14%	15.06%	15.74%	6.31%	6.63%	18.04%	17.49%	13.29%	14.35%
EBIT Margin	11.20%	13.87%	7.27%	15.50%	15.97%	6.87%	6.63%	18.04%	17.63%	13.77%	14.39%
Profit (Net Income) Margin	9.01%	9.85%	4.88%	11.74%	11.77%	6.84%	5.70%	14.70%	14.23%	12.03%	12.74%
Tax Burden Percent	69.85%	67.51%	61.07%	69.45%	66.36%	81.12%	71.70%	73.31%	72.36%	80.03%	81.00%
Interest Burden Percent	115.26%	105.19%	110.01%	109.00%	111.09%	122.85%	119.77%	111.17%	111.52%	109.20%	109.35%
Effective Tax Rate	30.15%	32.49%	38.93%	30.55%	33.64%	18.88%	28.30%	26.69%	27.64%	19.97%	19.00%
Return on Invested Capital (ROIC)	14.49%	16.56%	8.95%	30.14%	24.70%	12.87%	15.19%	0.00%	0.00%	0.00%	161.11%
ROIC Less NNEP Spread (ROIC-NNEP)	13.05%	15.89%	8.43%	29.49%	23.24%	11.49%	14.47%	0.00%	0.00%	0.00%	159.72%
Return on Net Nonoperating Assets (RNNOA)	-3.86%	-4.62%	-3.22%	-16.51%	-7.59%	-4.79%	-8.03%	0.00%	0.00%	0.00%	-114.23%
Return on Equity (ROE)	10.63%	11.93%	5.73%	13.63%	17.12%	8.08%	7.16%	0.00%	0.00%	0.00%	46.88%
Cash Return on Invested Capital (CROIC)	43.22%	52.54%	56.15%	119.43%	46.34%	61.49%	85.82%	0.00%	0.00%	0.00%	-71.82%
Operating Return on Assets (OROA)	9.91%	13.79%	6.54%	15.25%	14.44%	7.29%	6.55%	0.00%	0.00%	0.00%	18.67%
Return on Assets (ROA)	7.98%	9.79%	4.39%	11.54%	10.64%	7.27%	5.63%	0.00%	0.00%	0.00%	16.53%
Return on Common Equity (ROCE)	10.63%	11.93%	5.73%	13.63%	17.12%	8.08%	7.16%	0.00%	0.00%	0.00%	46.88%
Return on Equity Simple (ROE_SIMPLE)	10.05%	10.12%	0.00%	13.09%	15.14%	13.07%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	13	16	10	18	18	8.60	9.95	22	22	18	19
NOPAT Margin	7.56%	9.14%	4.36%	10.46%	10.44%	5.12%	4.75%	13.23%	12.66%	10.64%	11.62%
Net Nonoperating Expense Percent (NNEP)	1.44%	0.67%	0.52%	0.65%	1.47%	1.38%	0.71%	0.00%	1.55%	1.05%	1.39%
Return On Investment Capital (ROIC_SIMPLE)	-	-	1.89%	3.57%	-	-	2.13%	-	7.05%	5.06%	5.19%
Cost of Revenue to Revenue	50.69%	53.16%	58.04%	45.28%	46.51%	53.92%	55.09%	39.53%	41.00%	44.79%	41.87%
SG&A Expenses to Revenue	12.74%	7.98%	12.87%	11.06%	9.37%	9.68%	10.75%	10.25%	10.92%	10.04%	10.59%
R&D to Revenue	9.20%	9.10%	6.48%	8.87%	8.52%	9.08%	7.64%	9.63%	9.74%	9.90%	10.41%
Operating Expenses to Revenue	38.48%	33.30%	34.82%	39.66%	37.75%	39.77%	38.28%	42.43%	41.50%	41.92%	43.78%
Earnings before Interest and Taxes (EBIT)	20	24	17	26	27	12	14	29	30	23	23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	27	32	25	32	34	19	21	35	30	30	29
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.05	3.54	2.42	1.89	2.64	3.15	2.57	0.00	4.10	3.73	2.22
Price to Tangible Book Value (P/TBV)	5.06	3.54	2.42	1.89	2.64	3.15	2.57	0.00	4.10	3.73	2.22
Price to Revenue (P/Rev)	2.98	2.28	1.69	1.23	1.60	2.04	1.69	1.33	0.00	0.00	1.12
Price to Earnings (P/E)	50.29	34.95	24.12	14.40	17.41	24.11	19.13	15.08	0.00	0.00	10.83
Dividend Yield	12.14%	15.95%	22.87%	31.66%	0.00%	7.22%	8.92%	13.46%	10.03%	15.10%	25.40%
Earnings Yield	1.99%	2.86%	4.15%	6.94%	5.74%	4.15%	5.23%	6.63%	0.00%	0.00%	9.23%
Enterprise Value to Invested Capital (EV/IC)	5.84	4.75	3.59	4.25	3.26	5.46	5.61	0.00	6.50	7.46	5.27
Enterprise Value to Revenue (EV/Rev)	2.54	2.07	1.37	0.76	1.19	1.71	1.21	0.00	0.00	0.00	0.76
Enterprise Value to EBITDA (EV/EBITDA)	22.80	17.28	10.26	4.83	7.09	11.25	8.07	0.00	0.00	0.00	4.68
Enterprise Value to EBIT (EV/EBIT)	33.56	24.65	14.54	6.53	9.42	15.44	11.06	0.00	0.00	0.00	5.92
Enterprise Value to NOPAT (EV/NOPAT)	48.53	36.28	22.29	9.95	14.45	23.20	16.07	0.00	0.00	0.00	8.22
Enterprise Value to Operating Cash Flow (EV/OCF)	7.85	5.39	3.64	2.27	4.01	4.93	3.26	0.00	3.29	5.11	3.23
Enterprise Value to Free Cash Flow (EV/FCFF)	11.27	7.14	5.01	1.82	6.08	6.97	4.52	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.30	-0.29	-0.38	-0.56	-0.33	-0.42	-0.55	0.00	-0.46	-0.54	-0.72
Leverage Ratio	1.52	1.29	1.41	1.29	1.76	1.38	1.44	0.00	1.93	1.47	1.52
Compound Leverage Factor	1.76	1.36	1.55	1.41	1.96	1.70	1.73	0.00	2.15	1.61	1.66
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	0.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	4.99	7.76	5.43	4.87	4.08	6.64	4.93	0.00	0.00	0.00	4.70
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.93	3.37	3.16	3.28	2.21	3.16	2.85	0.00	1.52	2.36	2.72
Quick Ratio	1.14	1.53	1.81	2.51	1.39	1.99	2.16	0.00	1.17	1.58	1.90
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	155	206	173	272	102	134	148	155	156	96	-83
Operating Cash Flow to CapEx	1,267.56%	595.29%	1,928.19%	1,250.33%	721.42%	1,568.14%	2,648.59%	1,250.33%	0.00%	310.75%	294.12%
Free Cash Flow to Firm to Interest Expense	1,935.91	2,541.16	2,078.73	3,355.33	1,270.84	1,597.85	1,821.89	1,962.63	1,930.37	524.94	-1,041.00
Operating Cash Flow to Interest Expense	805.54	449.56	1,109.29	755.14	437.00	836.15	1,272.63	774.25	0.00	111.89	335.66
Operating Cash Flow Less CapEx to Interest Expense	741.99	374.04	1,051.76	694.74	376.43	782.83	1,224.58	712.33	0.00	75.88	221.54
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.89	0.99	0.90	0.98	0.90	1.06	0.99	0.00	0.00	0.00	1.30
Accounts Receivable Turnover	9.63	9.05	6.18	9.23	8.60	7.92	6.68	0.00	0.00	0.00	10.42
Inventory Turnover	1.25	1.23	1.42	1.93	1.57	1.61	2.00	0.00	0.00	0.00	3.03
Fixed Asset Turnover	13.44	13.42	13.78	15.34	14.75	15.02	16.73	0.00	0.00	0.00	15.99
Accounts Payable Turnover	5.39	6.41	6.02	8.13	7.54	6.03	5.52	0.00	0.00	0.00	5.61
Days Sales Outstanding (DSO)	37.92	40.35	59.10	39.53	42.43	46.09	54.61	0.00	0.00	0.00	35.03
Days Inventory Outstanding (DIO)	291.77	296.39	257.90	189.47	233.06	227.06	182.49	0.00	0.00	0.00	120.63
Days Payable Outstanding (DPO)	67.73	56.97	60.59	44.91	48.44	60.51	66.07	0.00	0.00	0.00	65.06
Cash Conversion Cycle (CCC)	261.96	279.77	256.41	184.08	227.06	212.65	171.03	0.00	0.00	0.00	90.60
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	356	355	292	134	271	229	154	0.00	137	151	102
Invested Capital Turnover	1.92	1.81	2.05	2.88	2.37	2.51	3.19	0.00	0.00	0.00	13.86
Increase / (Decrease) in Invested Capital	-141	-190	-162	-254	-84	-126	-138	-134	-135	-78	102
Enterprise Value (EV)	2,076	1,687	1,049	568	883	1,252	865	0.00	890	1,129	536
Market Capitalization	2,437	1,861	1,294	924	1,183	1,499	1,202	948	1,267	1,336	792
Book Value per Share	$2.20	$2.39	$2.44	$2.26	$2.07	$2.20	$2.18	$0.00	$1.46	$1.69	$1.70
Tangible Book Value per Share	$2.20	$2.39	$2.44	$2.26	$2.07	$2.20	$2.18	$0.00	$1.46	$1.69	$1.70
Total Capital	482	526	535	490	449	476	467	0.00	309	358	357
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-361	-174	-245	-357	-299	-247	-337	0.00	-377	-207	-256
Capital Expenditures (CapEx)	5.08	6.12	4.78	4.89	4.85	4.48	3.89	4.89	0.00	6.59	9.13
Debt-free, Cash-free Net Working Capital (DFCFNWC)	6.36	238	178	34	35	123	40	0.00	-171	47	36
Debt-free Net Working Capital (DFNWC)	368	412	424	390	335	369	377	0.00	206	254	292
Net Working Capital (NWC)	368	412	424	390	335	369	377	0.00	206	254	292
Net Nonoperating Expense (NNE)	-2.58	-1.23	-1.20	-2.14	-2.23	-2.89	-1.98	-2.40	-2.70	-2.38	-1.78
Net Nonoperating Obligations (NNO)	-127	-171	-243	-357	-177	-247	-313	0.00	-172	-207	-256
Total Depreciation and Amortization (D&A)	7.49	7.69	7.97	6.11	7.60	7.21	6.70	6.11	0.00	6.05	5.61
Debt-free, Cash-free Net Working Capital to Revenue	0.78%	29.24%	23.31%	4.47%	4.78%	16.68%	5.60%	0.00%	0.00%	0.00%	5.16%
Debt-free Net Working Capital to Revenue	45.04%	50.55%	55.35%	51.95%	45.16%	50.30%	52.89%	0.00%	0.00%	0.00%	41.39%
Net Working Capital to Revenue	45.04%	50.55%	55.35%	51.95%	45.16%	50.30%	52.89%	0.00%	0.00%	0.00%	41.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.07	$0.08	$0.06	$0.09	$0.09	$0.05	$0.06	$0.00	$0.12	$0.10	$0.10
Adjusted Weighted Average Basic Shares Outstanding	216.96M	217.74M	216.89M	215.55M	216.42M	214.77M	215.11M	0.00	211.87M	212.26M	210.52M
Adjusted Diluted Earnings per Share	$0.07	$0.08	$0.05	$0.09	$0.09	$0.05	$0.06	$0.00	$0.11	$0.10	$0.10
Adjusted Weighted Average Diluted Shares Outstanding	219.92M	220.42M	219.72M	216.87M	217.50M	215.75M	215.65M	0.00	214.53M	215.29M	212.55M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	219.83M	219.17M	216.80M	211.78M	216.37M	214.45M	212.54M	0.00	212.47M	211.75M	209.90M
Normalized Net Operating Profit after Tax (NOPAT)	13	16	10	18	18	8.60	9.95	22	22	18	19
Normalized NOPAT Margin	7.56%	9.14%	4.36%	10.46%	10.44%	5.12%	4.75%	13.23%	12.66%	10.64%	11.62%
Pre Tax Income Margin	12.91%	14.59%	7.99%	16.90%	17.74%	8.44%	7.95%	20.06%	19.66%	15.04%	15.73%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	248.79	299.46	202.42	320.41	335.24	137.24	171.44	371.43	374.64	128.26	286.76
NOPAT to Interest Expense	168.07	197.42	121.55	216.11	219.24	102.33	122.84	272.27	268.93	99.06	231.71
EBIT Less CapEx to Interest Expense	185.24	223.94	144.89	260.01	274.66	83.92	123.40	309.51	0.00	92.26	172.64
NOPAT Less CapEx to Interest Expense	104.52	121.90	64.02	155.71	158.67	49.00	74.79	210.35	0.00	63.05	117.59
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	156.44%	551.89%	548.38%	342.82%	323.67%	177.01%	175.03%	175.03%	0.00%	0.00%	275.98%
Augmented Payout Ratio	203.44%	576.60%	586.29%	386.27%	377.00%	251.39%	236.30%	236.30%	0.00%	0.00%	310.19%

Financials Breakdown Chart

Key Financial Trends

Here are the key takeaways from Cricut’s quarterly cash flow, income statement, and balance sheet data across the last four years. Figures are in USD and rounded where helpful.

Net cash from continuing operating activities in Q4 2025 rose to $82,432,000, signaling solid cash generation from core operations in the latest quarter.
Net income from continuing operations in Q3 2025 was $20,512,000, up from $11,926,000 in Q4 2024 and higher than the prior year’s Q3, indicating improved profitability.
Sale and/or maturity of investments in Q3 2025 contributed a cash inflow of $58,960,000, providing a notable boost to investing cash flow.
Pre-tax income in Q3 2025 was $25,631,000, supporting the top-line profitability alongside the net income growth.
Interest income and other income in Q3 2025 helped accumulate favorable non-operating contributions (Total Other Income, net: $2,980,000; Interest income: $2,342,000), aiding the overall pre-tax result.
Revenue remained broadly stable around $170–172 million in 2025 Q2–Q3 (e.g., Operating Revenue: $170,437,000 in Q3 2025; $172,112,000 in Q2 2025), suggesting steady demand generation without clear acceleration.
Earnings per share figures for Q3 2025 show Basic EPS of $0.12 and Diluted EPS of $0.11, with weighted-average shares around 211–216 million; this indicates stable profitability metrics, though no YoY acceleration is evident from these snapshots.
Net income declined in Q4 2025 to $7,791,000 from $20,512,000 in Q3 2025, signaling a step down in quarterly profitability.
Total liabilities rose to $205,862,000 by Q3 2025, up from the prior period’s levels (late 2024), indicating higher leverage or obligations that could weigh on balance sheet flexibility.
Net cash from financing activities remained negative in recent quarters (e.g., Q3 2025 and Q4 2025 both showing about $-6,962,000), suggesting ongoing shareholder returns or debt/financing activities that are consuming cash.

05/07/26 04:38 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Cricut's Financials

When does Cricut's fiscal year end?

According to the most recent income statement we have on file, Cricut's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has Cricut's net income changed over the last 6 years?

Cricut's net income appears to be on a downward trend, with a most recent value of $76.71 million in 2025, rising from $39.21 million in 2019. The previous period was $62.83 million in 2024. See Cricut's forecast for analyst expectations on whatâ€™s next for the company.

What is Cricut's operating income?

Cricut's total operating income in 2025 was $96.03 million, based on the following breakdown:

Total Gross Profit: $390.43 million
Total Operating Expenses: $294.40 million

How has Cricut's revenue changed over the last 6 years?

Over the last 6 years, Cricut's total revenue changed from $486.55 million in 2019 to $708.78 million in 2025, a change of 45.7%.

How much debt does Cricut have?

Cricut's total liabilities were at $237.25 million at the end of 2025, a 4.8% increase from 2024, and a 32.7% decrease since 2020.

How much cash does Cricut have?

In the past 5 years, Cricut's cash and equivalents has ranged from $122.22 million in 2020 to $256.22 million in 2025, and is currently $256.22 million as of their latest financial filing in 2025.

How has Cricut's book value per share changed over the last 6 years?

Over the last 6 years, Cricut's book value per share changed from 0.00 in 2019 to 1.62 in 2025, a change of 162.3%.

Related Companies

Financial statements for NASDAQ:CRCT last updated on 5/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Cricut (CRCT) Financials

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