Cricut, Inc.CRCTEarnings & Financial Report
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.
CRCT Q4 2025 Key Financial Metrics
Revenue
$203.6M
Gross Profit
$96.4M
Operating Profit
$13.9M
Net Profit
$7.8M
Gross Margin
47.4%
Operating Margin
6.8%
Net Margin
3.8%
YoY Growth
-2.7%
EPS
$0.03
Financial Flow
Cricut, Inc. Q4 2025 Financial Summary
Cricut, Inc. reported revenue of $203.6M (down 2.7% YoY) for Q4 2025, with a net profit of $7.8M (down 34.7% YoY) (3.8% margin). Cost of goods sold was $107.1M, operating expenses totaled $82.5M.
Key Financial Metrics
| Total Revenue | $203.6M |
|---|---|
| Net Profit | $7.8M |
| Gross Margin | 47.4% |
| Operating Margin | 6.8% |
| Report Period | Q4 2025 |
Revenue Breakdown
Cricut, Inc. Q4 2025 revenue of $203.6M breaks down across 3 segments, led by Platform at $83.9M (41.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Platform | $83.9M | 41.2% |
| Connected Machines | $65.2M | 32.0% |
| Accessories And Materials | $54.4M | 26.7% |
Cricut, Inc. Revenue by Segment — Quarterly Trend
Cricut, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Platform and Connected Machines) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Platform | $83.9M | $82.8M | $80.7M | $80.0M |
| Connected Machines | $65.2M | $49.3M | $39.4M | $38.5M |
| Accessories And Materials | $54.4M | $38.3M | $52.0M | $44.2M |
Cricut, Inc. Annual Revenue by Year
Cricut, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $708.8M). Click any linked year to see what changed vs the prior annual report.
Cricut, Inc. Quarterly Revenue & Net Profit History
Cricut, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $203.6M | -2.7% | $7.8M | 3.8% |
| Q3 2025 | $170.4M | +1.5% | $20.5M | 12.0% |
| Q2 2025 | $172.1M | +2.5% | $24.5M | 14.2% |
| Q1 2025 | $162.6M | -2.8% | $23.9M | 14.7% |
| Q4 2024 | $209.3M | -9.5% | $11.9M | 5.7% |
| Q3 2024 | $167.9M | -4.0% | $11.5M | 6.8% |
| Q2 2024 | $167.9M | -5.5% | $19.8M | 11.8% |
| Q1 2024 | $167.4M | -7.6% | $19.6M | 11.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $167.4M | $167.9M | $167.9M | $209.3M | $162.6M | $172.1M | $170.4M | $203.6M |
| YoY Growth | -7.6% | -5.5% | -4.0% | -9.5% | -2.8% | 2.5% | 1.5% | -2.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $723.7M | $742.1M | $663.8M | $693.0M | $681.7M | $721.5M | $564.3M | $580.8M |
| Liabilities | $171.1M | $293.6M | $187.9M | $226.3M | $191.5M | $412.6M | $205.9M | $237.2M |
| Equity | $552.6M | $448.5M | $475.8M | $466.8M | $490.2M | $308.9M | $358.4M | $343.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $56.7M | $35.0M | $70.2M | $103.1M | $61.2M | $36.2M | $20.5M | $82.4M |