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

Cricut, Inc. is the larger business by last-quarter revenue ($159.5M vs $123.0M, roughly 1.3× Strategy Inc). On growth, Strategy Inc posted the faster year-over-year revenue change (1.9% vs -1.9%). Over the past eight quarters, Strategy Inc's revenue compounded faster (3.3% CAGR vs -2.6%).

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.

Strategy Inc., formerly known as MicroStrategy, is an American company that provides business intelligence (BI) and mobile software. Founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps. It is a public company headquartered in Tysons Corner, Virginia, in the Washington metropolitan area. Its primary business analytics competitors include SAP SE Busin...

CRCT vs MSTR — Head-to-Head

Bigger by revenue
CRCT
CRCT
1.3× larger
CRCT
$159.5M
$123.0M
MSTR
Growing faster (revenue YoY)
MSTR
MSTR
+3.8% gap
MSTR
1.9%
-1.9%
CRCT
Faster 2-yr revenue CAGR
MSTR
MSTR
Annualised
MSTR
3.3%
-2.6%
CRCT

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
CRCT
CRCT
MSTR
MSTR
Revenue
$159.5M
$123.0M
Net Profit
$20.3M
Gross Margin
58.1%
66.1%
Operating Margin
14.4%
Net Margin
12.7%
Revenue YoY
-1.9%
1.9%
Net Profit YoY
EPS (diluted)
$0.10

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
MSTR
MSTR
Q1 26
$159.5M
Q4 25
$203.6M
$123.0M
Q3 25
$170.4M
$128.7M
Q2 25
$172.1M
$114.5M
Q1 25
$162.6M
$111.1M
Q4 24
$209.3M
$120.7M
Q3 24
$167.9M
$116.1M
Q2 24
$167.9M
$111.4M
Net Profit
CRCT
CRCT
MSTR
MSTR
Q1 26
$20.3M
Q4 25
$7.8M
Q3 25
$20.5M
$2.8B
Q2 25
$24.5M
$10.0B
Q1 25
$23.9M
$-4.2B
Q4 24
$11.9M
$-670.8M
Q3 24
$11.5M
$-340.2M
Q2 24
$19.8M
$-102.6M
Gross Margin
CRCT
CRCT
MSTR
MSTR
Q1 26
58.1%
Q4 25
47.4%
66.1%
Q3 25
55.2%
70.5%
Q2 25
59.0%
68.8%
Q1 25
60.5%
69.4%
Q4 24
44.9%
71.7%
Q3 24
46.1%
70.4%
Q2 24
53.5%
72.2%
Operating Margin
CRCT
CRCT
MSTR
MSTR
Q1 26
14.4%
Q4 25
6.8%
Q3 25
13.3%
Q2 25
17.5%
Q1 25
18.0%
-5331.4%
Q4 24
6.6%
-842.1%
Q3 24
6.3%
-372.7%
Q2 24
15.7%
-179.7%
Net Margin
CRCT
CRCT
MSTR
MSTR
Q1 26
12.7%
Q4 25
3.8%
Q3 25
12.0%
2164.1%
Q2 25
14.2%
8752.7%
Q1 25
14.7%
-3797.2%
Q4 24
5.7%
-555.8%
Q3 24
6.8%
-293.1%
Q2 24
11.8%
-92.0%
EPS (diluted)
CRCT
CRCT
MSTR
MSTR
Q1 26
$0.10
Q4 25
$0.03
Q3 25
$0.10
$8.42
Q2 25
$0.11
$32.60
Q1 25
$0.11
$-16.49
Q4 24
$0.06
$4.49
Q3 24
$0.05
$-1.72
Q2 24
$0.09
$-0.57

Balance Sheet & Financial Strength

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

Metric
CRCT
CRCT
MSTR
MSTR
Cash + ST InvestmentsLiquidity on hand
$236.5M
$2.3B
Total DebtLower is stronger
$8.2B
Stockholders' EquityBook value
$357.5M
$44.1B
Total Assets
$543.8M
$61.6B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRCT
CRCT
MSTR
MSTR
Q1 26
$236.5M
Q4 25
$275.6M
$2.3B
Q3 25
$207.1M
$54.3M
Q2 25
$376.9M
$50.1M
Q1 25
$356.7M
$60.3M
Q4 24
$336.9M
$38.1M
Q3 24
$246.9M
$46.3M
Q2 24
$299.5M
$66.9M
Total Debt
CRCT
CRCT
MSTR
MSTR
Q1 26
Q4 25
$8.2B
Q3 25
$8.2B
Q2 25
$8.2B
Q1 25
$8.1B
Q4 24
$7.2B
Q3 24
$4.2B
Q2 24
$3.8B
Stockholders' Equity
CRCT
CRCT
MSTR
MSTR
Q1 26
$357.5M
Q4 25
$343.6M
$44.1B
Q3 25
$358.4M
$52.3B
Q2 25
$308.9M
$47.5B
Q1 25
$490.2M
$32.2B
Q4 24
$466.8M
$18.2B
Q3 24
$475.8M
$3.8B
Q2 24
$448.5M
$2.8B
Total Assets
CRCT
CRCT
MSTR
MSTR
Q1 26
$543.8M
Q4 25
$580.8M
$61.6B
Q3 25
$564.3M
$73.6B
Q2 25
$721.5M
$64.8B
Q1 25
$681.7M
$43.9B
Q4 24
$693.0M
$25.8B
Q3 24
$663.8M
$8.3B
Q2 24
$742.1M
$7.1B
Debt / Equity
CRCT
CRCT
MSTR
MSTR
Q1 26
Q4 25
0.19×
Q3 25
0.16×
Q2 25
0.17×
Q1 25
0.25×
Q4 24
0.39×
Q3 24
1.12×
Q2 24
1.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRCT
CRCT

Platform$84.8M53%
Products$74.7M47%

MSTR
MSTR

Segment breakdown not available.

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