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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and Cricut, Inc. (CRCT). Click either name above to swap in a different company.
APOGEE ENTERPRISES, INC. is the larger business by last-quarter revenue ($348.6M vs $203.6M, roughly 1.7× Cricut, Inc.). APOGEE ENTERPRISES, INC. runs the higher net margin — 4.7% vs 3.8%, a 0.9% gap on every dollar of revenue. On growth, APOGEE ENTERPRISES, INC. posted the faster year-over-year revenue change (2.1% vs -2.7%). Over the past eight quarters, Cricut, Inc.'s revenue compounded faster (10.3% CAGR vs -1.9%).
Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.
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.
APOG vs CRCT — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $348.6M | $203.6M |
| Net Profit | $16.5M | $7.8M |
| Gross Margin | 23.8% | 47.4% |
| Operating Margin | 7.1% | 6.8% |
| Net Margin | 4.7% | 3.8% |
| Revenue YoY | 2.1% | -2.7% |
| Net Profit YoY | -21.2% | -34.7% |
| EPS (diluted) | $0.77 | $0.03 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $348.6M | $203.6M | ||
| Q3 25 | $358.2M | $170.4M | ||
| Q2 25 | $346.6M | $172.1M | ||
| Q1 25 | $345.7M | $162.6M | ||
| Q4 24 | $341.3M | $209.3M | ||
| Q3 24 | $342.4M | $167.9M | ||
| Q2 24 | $331.5M | $167.9M | ||
| Q1 24 | $361.8M | $167.4M |
| Q4 25 | $16.5M | $7.8M | ||
| Q3 25 | $23.6M | $20.5M | ||
| Q2 25 | $-2.7M | $24.5M | ||
| Q1 25 | $2.5M | $23.9M | ||
| Q4 24 | $21.0M | $11.9M | ||
| Q3 24 | $30.6M | $11.5M | ||
| Q2 24 | $31.0M | $19.8M | ||
| Q1 24 | $15.7M | $19.6M |
| Q4 25 | 23.8% | 47.4% | ||
| Q3 25 | 23.1% | 55.2% | ||
| Q2 25 | 21.7% | 59.0% | ||
| Q1 25 | 21.6% | 60.5% | ||
| Q4 24 | 26.1% | 44.9% | ||
| Q3 24 | 28.4% | 46.1% | ||
| Q2 24 | 29.8% | 53.5% | ||
| Q1 24 | 24.4% | 54.7% |
| Q4 25 | 7.1% | 6.8% | ||
| Q3 25 | 7.5% | 13.3% | ||
| Q2 25 | 2.0% | 17.5% | ||
| Q1 25 | 1.8% | 18.0% | ||
| Q4 24 | 8.4% | 6.6% | ||
| Q3 24 | 12.3% | 6.3% | ||
| Q2 24 | 12.5% | 15.7% | ||
| Q1 24 | 6.0% | 15.1% |
| Q4 25 | 4.7% | 3.8% | ||
| Q3 25 | 6.6% | 12.0% | ||
| Q2 25 | -0.8% | 14.2% | ||
| Q1 25 | 0.7% | 14.7% | ||
| Q4 24 | 6.1% | 5.7% | ||
| Q3 24 | 8.9% | 6.8% | ||
| Q2 24 | 9.4% | 11.8% | ||
| Q1 24 | 4.3% | 11.7% |
| Q4 25 | $0.77 | $0.03 | ||
| Q3 25 | $1.10 | $0.10 | ||
| Q2 25 | $-0.13 | $0.11 | ||
| Q1 25 | $0.12 | $0.11 | ||
| Q4 24 | $0.96 | $0.06 | ||
| Q3 24 | $1.40 | $0.05 | ||
| Q2 24 | $1.41 | $0.09 | ||
| Q1 24 | $0.71 | $0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $41.3M | $275.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $512.3M | $343.6M |
| Total Assets | $1.1B | $580.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $41.3M | $275.6M | ||
| Q3 25 | $39.5M | $207.1M | ||
| Q2 25 | $32.8M | $376.9M | ||
| Q1 25 | $41.4M | $356.7M | ||
| Q4 24 | $43.9M | $336.9M | ||
| Q3 24 | $51.0M | $246.9M | ||
| Q2 24 | $30.4M | $299.5M | ||
| Q1 24 | $37.2M | $281.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $62.0M | — |
| Q4 25 | $512.3M | $343.6M | ||
| Q3 25 | $500.2M | $358.4M | ||
| Q2 25 | $481.8M | $308.9M | ||
| Q1 25 | $487.9M | $490.2M | ||
| Q4 24 | $522.1M | $466.8M | ||
| Q3 24 | $506.4M | $475.8M | ||
| Q2 24 | $480.0M | $448.5M | ||
| Q1 24 | $471.0M | $552.6M |
| Q4 25 | $1.1B | $580.8M | ||
| Q3 25 | $1.2B | $564.3M | ||
| Q2 25 | $1.2B | $721.5M | ||
| Q1 25 | $1.2B | $681.7M | ||
| Q4 24 | $1.2B | $693.0M | ||
| Q3 24 | $917.1M | $663.8M | ||
| Q2 24 | $889.0M | $742.1M | ||
| Q1 24 | $884.1M | $723.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.13× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $29.3M | $82.4M |
| Free Cash FlowOCF − Capex | $22.9M | — |
| FCF MarginFCF / Revenue | 6.6% | — |
| Capex IntensityCapex / Revenue | 1.9% | — |
| Cash ConversionOCF / Net Profit | 1.77× | 10.58× |
| TTM Free Cash FlowTrailing 4 quarters | $67.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $29.3M | $82.4M | ||
| Q3 25 | $57.1M | $20.5M | ||
| Q2 25 | $-19.8M | $36.2M | ||
| Q1 25 | $30.0M | $61.2M | ||
| Q4 24 | $31.0M | $103.1M | ||
| Q3 24 | $58.7M | $70.2M | ||
| Q2 24 | $5.5M | $35.0M | ||
| Q1 24 | $74.9M | $56.7M |
| Q4 25 | $22.9M | — | ||
| Q3 25 | $52.4M | — | ||
| Q2 25 | $-26.9M | — | ||
| Q1 25 | $19.1M | — | ||
| Q4 24 | $22.0M | — | ||
| Q3 24 | $50.2M | — | ||
| Q2 24 | $-1.8M | — | ||
| Q1 24 | $58.7M | — |
| Q4 25 | 6.6% | — | ||
| Q3 25 | 14.6% | — | ||
| Q2 25 | -7.8% | — | ||
| Q1 25 | 5.5% | — | ||
| Q4 24 | 6.4% | — | ||
| Q3 24 | 14.7% | — | ||
| Q2 24 | -0.5% | — | ||
| Q1 24 | 16.2% | — |
| Q4 25 | 1.9% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 3.2% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 4.5% | — |
| Q4 25 | 1.77× | 10.58× | ||
| Q3 25 | 2.41× | 1.00× | ||
| Q2 25 | — | 1.48× | ||
| Q1 25 | 12.08× | 2.56× | ||
| Q4 24 | 1.48× | 8.64× | ||
| Q3 24 | 1.92× | 6.11× | ||
| Q2 24 | 0.18× | 1.77× | ||
| Q1 24 | 4.76× | 2.89× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APOG
| Transferred At Point In Time | $163.0M | 47% |
| Architectural Services Segment | $105.2M | 30% |
| Performance Surfaces | $53.0M | 15% |
| UW Interco LLC | $27.9M | 8% |
CRCT
| Platform | $83.9M | 41% |
| Connected Machines | $65.2M | 32% |
| Accessories And Materials | $54.4M | 27% |
