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Side-by-side financial comparison of Cricut, Inc. (CRCT) and DigitalOcean Holdings, Inc. (DOCN). Click either name above to swap in a different company.

DigitalOcean Holdings, Inc. is the larger business by last-quarter revenue ($242.4M vs $203.6M, roughly 1.2× Cricut, Inc.). DigitalOcean Holdings, Inc. runs the higher net margin — 10.6% vs 3.8%, a 6.8% gap on every dollar of revenue. On growth, DigitalOcean Holdings, Inc. posted the faster year-over-year revenue change (18.3% vs -2.7%). Over the past eight quarters, DigitalOcean Holdings, Inc.'s revenue compounded faster (14.5% CAGR vs 10.3%).

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.

DigitalOcean Holdings, Inc. is an American multinational technology company and cloud service provider. The company is headquartered in Broomfield, Colorado, US, with 15 globally distributed data centers. DigitalOcean provides developers, startups, and SMBs with cloud infrastructure-as-a-service platforms.

CRCT vs DOCN — Head-to-Head

Bigger by revenue
DOCN
DOCN
1.2× larger
DOCN
$242.4M
$203.6M
CRCT
Growing faster (revenue YoY)
DOCN
DOCN
+21.0% gap
DOCN
18.3%
-2.7%
CRCT
Higher net margin
DOCN
DOCN
6.8% more per $
DOCN
10.6%
3.8%
CRCT
Faster 2-yr revenue CAGR
DOCN
DOCN
Annualised
DOCN
14.5%
10.3%
CRCT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRCT
CRCT
DOCN
DOCN
Revenue
$203.6M
$242.4M
Net Profit
$7.8M
$25.7M
Gross Margin
47.4%
58.7%
Operating Margin
6.8%
16.0%
Net Margin
3.8%
10.6%
Revenue YoY
-2.7%
18.3%
Net Profit YoY
-34.7%
40.5%
EPS (diluted)
$0.03
$0.23

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.

Revenue
CRCT
CRCT
DOCN
DOCN
Q4 25
$203.6M
$242.4M
Q3 25
$170.4M
$229.6M
Q2 25
$172.1M
$218.7M
Q1 25
$162.6M
$210.7M
Q4 24
$209.3M
$204.9M
Q3 24
$167.9M
$198.5M
Q2 24
$167.9M
$192.5M
Q1 24
$167.4M
$184.7M
Net Profit
CRCT
CRCT
DOCN
DOCN
Q4 25
$7.8M
$25.7M
Q3 25
$20.5M
$158.4M
Q2 25
$24.5M
$37.0M
Q1 25
$23.9M
$38.2M
Q4 24
$11.9M
$18.3M
Q3 24
$11.5M
$32.9M
Q2 24
$19.8M
$19.1M
Q1 24
$19.6M
$14.1M
Gross Margin
CRCT
CRCT
DOCN
DOCN
Q4 25
47.4%
58.7%
Q3 25
55.2%
59.6%
Q2 25
59.0%
59.9%
Q1 25
60.5%
61.4%
Q4 24
44.9%
57.1%
Q3 24
46.1%
60.2%
Q2 24
53.5%
61.0%
Q1 24
54.7%
60.7%
Operating Margin
CRCT
CRCT
DOCN
DOCN
Q4 25
6.8%
16.0%
Q3 25
13.3%
19.6%
Q2 25
17.5%
16.3%
Q1 25
18.0%
17.9%
Q4 24
6.6%
15.9%
Q3 24
6.3%
12.4%
Q2 24
15.7%
11.6%
Q1 24
15.1%
6.2%
Net Margin
CRCT
CRCT
DOCN
DOCN
Q4 25
3.8%
10.6%
Q3 25
12.0%
69.0%
Q2 25
14.2%
16.9%
Q1 25
14.7%
18.1%
Q4 24
5.7%
8.9%
Q3 24
6.8%
16.6%
Q2 24
11.8%
9.9%
Q1 24
11.7%
7.7%
EPS (diluted)
CRCT
CRCT
DOCN
DOCN
Q4 25
$0.03
$0.23
Q3 25
$0.10
$1.51
Q2 25
$0.11
$0.39
Q1 25
$0.11
$0.39
Q4 24
$0.06
$0.21
Q3 24
$0.05
$0.33
Q2 24
$0.09
$0.20
Q1 24
$0.09
$0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRCT
CRCT
DOCN
DOCN
Cash + ST InvestmentsLiquidity on hand
$275.6M
$254.5M
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$343.6M
$-28.7M
Total Assets
$580.8M
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRCT
CRCT
DOCN
DOCN
Q4 25
$275.6M
$254.5M
Q3 25
$207.1M
$236.6M
Q2 25
$376.9M
$387.7M
Q1 25
$356.7M
$360.4M
Q4 24
$336.9M
$428.4M
Q3 24
$246.9M
$439.9M
Q2 24
$299.5M
$443.1M
Q1 24
$281.7M
$419.1M
Total Debt
CRCT
CRCT
DOCN
DOCN
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
Q1 25
Q4 24
$1.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CRCT
CRCT
DOCN
DOCN
Q4 25
$343.6M
$-28.7M
Q3 25
$358.4M
$-69.6M
Q2 25
$308.9M
$-175.2M
Q1 25
$490.2M
$-210.7M
Q4 24
$466.8M
$-203.0M
Q3 24
$475.8M
$-211.7M
Q2 24
$448.5M
$-253.8M
Q1 24
$552.6M
$-286.1M
Total Assets
CRCT
CRCT
DOCN
DOCN
Q4 25
$580.8M
$1.8B
Q3 25
$564.3M
$1.7B
Q2 25
$721.5M
$1.7B
Q1 25
$681.7M
$1.6B
Q4 24
$693.0M
$1.6B
Q3 24
$663.8M
$1.5B
Q2 24
$742.1M
$1.5B
Q1 24
$723.7M
$1.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRCT
CRCT
DOCN
DOCN
Operating Cash FlowLast quarter
$82.4M
$57.3M
Free Cash FlowOCF − Capex
$31.1M
FCF MarginFCF / Revenue
12.8%
Capex IntensityCapex / Revenue
10.8%
Cash ConversionOCF / Net Profit
10.58×
2.23×
TTM Free Cash FlowTrailing 4 quarters
$180.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRCT
CRCT
DOCN
DOCN
Q4 25
$82.4M
$57.3M
Q3 25
$20.5M
$95.8M
Q2 25
$36.2M
$92.4M
Q1 25
$61.2M
$64.1M
Q4 24
$103.1M
$71.3M
Q3 24
$70.2M
$73.4M
Q2 24
$35.0M
$71.3M
Q1 24
$56.7M
$66.7M
Free Cash Flow
CRCT
CRCT
DOCN
DOCN
Q4 25
$31.1M
Q3 25
$88.0M
Q2 25
$59.3M
Q1 25
$2.1M
Q4 24
$26.1M
Q3 24
$16.0M
Q2 24
$39.5M
Q1 24
$23.0M
FCF Margin
CRCT
CRCT
DOCN
DOCN
Q4 25
12.8%
Q3 25
38.3%
Q2 25
27.1%
Q1 25
1.0%
Q4 24
12.7%
Q3 24
8.1%
Q2 24
20.5%
Q1 24
12.5%
Capex Intensity
CRCT
CRCT
DOCN
DOCN
Q4 25
10.8%
Q3 25
3.4%
Q2 25
15.2%
Q1 25
29.4%
Q4 24
22.1%
Q3 24
28.9%
Q2 24
16.6%
Q1 24
23.6%
Cash Conversion
CRCT
CRCT
DOCN
DOCN
Q4 25
10.58×
2.23×
Q3 25
1.00×
0.60×
Q2 25
1.48×
2.50×
Q1 25
2.56×
1.68×
Q4 24
8.64×
3.91×
Q3 24
6.11×
2.23×
Q2 24
1.77×
3.73×
Q1 24
2.89×
4.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRCT
CRCT

Platform$83.9M41%
Connected Machines$65.2M32%
Accessories And Materials$54.4M27%

DOCN
DOCN

Scalers$84.3M35%
Scalers Plus$69.9M29%
Builders$64.1M26%
Learners Testers And Other$24.1M10%

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