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Side-by-side financial comparison of Cricut, Inc. (CRCT) and GRID DYNAMICS HOLDINGS, INC. (GDYN). Click either name above to swap in a different company.
Cricut, Inc. is the larger business by last-quarter revenue ($203.6M vs $104.1M, roughly 2.0× GRID DYNAMICS HOLDINGS, INC.). Cricut, Inc. runs the higher net margin — 3.8% vs -1.4%, a 5.2% gap on every dollar of revenue. On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (3.7% vs -2.7%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% 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.
Escape Dynamics, Inc. was a Colorado-based technology company that operated 2010–2015 focused on bringing to market single-stage-to-orbit reusable electromagnetically powered spaceplanes.
CRCT vs GDYN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $203.6M | $104.1M |
| Net Profit | $7.8M | $-1.5M |
| Gross Margin | 47.4% | 34.8% |
| Operating Margin | 6.8% | 61.7% |
| Net Margin | 3.8% | -1.4% |
| Revenue YoY | -2.7% | 3.7% |
| Net Profit YoY | -34.7% | -150.6% |
| EPS (diluted) | $0.03 | $-0.02 |
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.
| Q1 26 | — | $104.1M | ||
| Q4 25 | $203.6M | $106.2M | ||
| Q3 25 | $170.4M | $104.2M | ||
| Q2 25 | $172.1M | $101.1M | ||
| Q1 25 | $162.6M | $100.4M | ||
| Q4 24 | $209.3M | $100.3M | ||
| Q3 24 | $167.9M | $87.4M | ||
| Q2 24 | $167.9M | $83.0M |
| Q1 26 | — | $-1.5M | ||
| Q4 25 | $7.8M | $306.0K | ||
| Q3 25 | $20.5M | $1.2M | ||
| Q2 25 | $24.5M | $5.3M | ||
| Q1 25 | $23.9M | $2.9M | ||
| Q4 24 | $11.9M | $4.5M | ||
| Q3 24 | $11.5M | $4.3M | ||
| Q2 24 | $19.8M | $-817.0K |
| Q1 26 | — | 34.8% | ||
| Q4 25 | 47.4% | 34.0% | ||
| Q3 25 | 55.2% | 33.3% | ||
| Q2 25 | 59.0% | 34.1% | ||
| Q1 25 | 60.5% | 36.8% | ||
| Q4 24 | 44.9% | 36.9% | ||
| Q3 24 | 46.1% | 37.4% | ||
| Q2 24 | 53.5% | 35.6% |
| Q1 26 | — | 61.7% | ||
| Q4 25 | 6.8% | 0.5% | ||
| Q3 25 | 13.3% | -0.2% | ||
| Q2 25 | 17.5% | -0.1% | ||
| Q1 25 | 18.0% | -2.0% | ||
| Q4 24 | 6.6% | 1.3% | ||
| Q3 24 | 6.3% | 2.4% | ||
| Q2 24 | 15.7% | 0.0% |
| Q1 26 | — | -1.4% | ||
| Q4 25 | 3.8% | 0.3% | ||
| Q3 25 | 12.0% | 1.1% | ||
| Q2 25 | 14.2% | 5.2% | ||
| Q1 25 | 14.7% | 2.9% | ||
| Q4 24 | 5.7% | 4.5% | ||
| Q3 24 | 6.8% | 4.9% | ||
| Q2 24 | 11.8% | -1.0% |
| Q1 26 | — | $-0.02 | ||
| Q4 25 | $0.03 | $0.01 | ||
| Q3 25 | $0.10 | $0.01 | ||
| Q2 25 | $0.11 | $0.06 | ||
| Q1 25 | $0.11 | $0.03 | ||
| Q4 24 | $0.06 | $0.06 | ||
| Q3 24 | $0.05 | $0.05 | ||
| Q2 24 | $0.09 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $275.6M | $327.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $343.6M | $530.1M |
| Total Assets | $580.8M | $605.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $327.5M | ||
| Q4 25 | $275.6M | $342.1M | ||
| Q3 25 | $207.1M | $338.6M | ||
| Q2 25 | $376.9M | $336.8M | ||
| Q1 25 | $356.7M | $325.5M | ||
| Q4 24 | $336.9M | $334.7M | ||
| Q3 24 | $246.9M | $231.3M | ||
| Q2 24 | $299.5M | $256.0M |
| Q1 26 | — | $530.1M | ||
| Q4 25 | $343.6M | $542.1M | ||
| Q3 25 | $358.4M | $537.7M | ||
| Q2 25 | $308.9M | $532.2M | ||
| Q1 25 | $490.2M | $517.4M | ||
| Q4 24 | $466.8M | $517.8M | ||
| Q3 24 | $475.8M | $400.2M | ||
| Q2 24 | $448.5M | $388.4M |
| Q1 26 | — | $605.0M | ||
| Q4 25 | $580.8M | $612.9M | ||
| Q3 25 | $564.3M | $613.2M | ||
| Q2 25 | $721.5M | $608.9M | ||
| Q1 25 | $681.7M | $590.9M | ||
| Q4 24 | $693.0M | $592.2M | ||
| Q3 24 | $663.8M | $477.3M | ||
| Q2 24 | $742.1M | $443.6M |
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 | $82.4M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 10.58× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $82.4M | $9.9M | ||
| Q3 25 | $20.5M | $7.0M | ||
| Q2 25 | $36.2M | $14.4M | ||
| Q1 25 | $61.2M | $9.4M | ||
| Q4 24 | $103.1M | $7.1M | ||
| Q3 24 | $70.2M | $9.2M | ||
| Q2 24 | $35.0M | $10.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $6.1M | ||
| Q3 25 | — | $2.9M | ||
| Q2 25 | — | $10.2M | ||
| Q1 25 | — | $6.0M | ||
| Q4 24 | — | $4.4M | ||
| Q3 24 | — | $5.9M | ||
| Q2 24 | — | $8.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | 10.1% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | — | 9.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.6% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | 4.1% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 3.2% |
| Q1 26 | — | — | ||
| Q4 25 | 10.58× | 32.34× | ||
| Q3 25 | 1.00× | 5.92× | ||
| Q2 25 | 1.48× | 2.73× | ||
| Q1 25 | 2.56× | 3.21× | ||
| Q4 24 | 8.64× | 1.56× | ||
| Q3 24 | 6.11× | 2.15× | ||
| Q2 24 | 1.77× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRCT
| Platform | $83.9M | 41% |
| Connected Machines | $65.2M | 32% |
| Accessories And Materials | $54.4M | 27% |
GDYN
Segment breakdown not available.
