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Cricut, Inc.

Cricut, Inc.CRCTEarnings & Financial Report

Nasdaq · consumer electronics industry

Cricut, Inc. is an American brand of cutting plotters, or computer-controlled cutting machines, designed for home crafters. The machines are used for cutting paper, felt, vinyl, fabric and other materials such as leather, matboard, and wood.

NextMar 30, 2026

CRCT Q3 2025 Key Financial Metrics

Revenue

$170.4M

Gross Profit

$94.1M

Operating Profit

$22.7M

Net Profit

$20.5M

Gross Margin

55.2%

Operating Margin

13.3%

Net Margin

12.0%

YoY Growth

1.5%

EPS

$0.10

Financial Flow

Cricut, Inc. Q3 2025 Financial Summary

Cricut, Inc. reported revenue of $170.4M for Q3 2025, with a net profit of $20.5M (12.0% margin). Cost of goods sold was $76.3M, operating expenses totaled $71.4M.

Key Financial Metrics

Total Revenue$170.4M
Net Profit$20.5M
Gross Margin55.2%
Operating Margin13.3%
Report PeriodQ3 2025

Cricut, Inc. Annual Revenue by Year

Cricut, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $712.5M).

YearAnnual Revenue
2024$712.5M
2023$765.1M
2022$886.3M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$231.2M$167.4M$167.9M$167.9M$209.3M$162.6M$172.1M$170.4M
YoY Growth-17.6%-7.6%-5.5%-4.0%-9.5%-2.8%2.5%1.5%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$750.1M$723.7M$742.1M$663.8M$693.0M$681.7M$721.5M$564.3M
Liabilities$215.2M$171.1M$293.6M$187.9M$226.3M$191.5M$412.6M$205.9M
Equity$534.9M$552.6M$448.5M$475.8M$466.8M$490.2M$308.9M$358.4M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$92.1M$56.7M$35.0M$70.2M$103.1M$61.2M$36.2M$20.5M