Cricut, Inc. (CRCT)

Cricut Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	711.95	712.54	765.15	886.3	1,306	959.03
Revenue Growth (YoY)	-3.98%	-6.88%	-13.67%	-32.15%	36.20%	97.11%
Cost of Revenue	340.7	359.75	421.85	536.4	848.78	626.66
Gross Profit	371.24	352.79	343.29	349.89	457.45	332.37
Selling, General & Admin	222.69	215.29	197.81	190.1	185.23	92.93
Research & Development	63.25	60	64.35	76.91	79.81	38.93
Operating Expenses	285.94	275.29	262.16	267.02	265.05	131.86
Operating Income	85.31	77.5	81.14	82.88	192.41	200.51
Interest Expense	-0.33	-0.33	-0.32	-0.29	-0.3	-
Interest & Investment Income	12.48	11.02	7.98	1.81	0.18	-
Other Non Operating Income (Expenses)	1.19	2.08	2.15	0.51	0.09	-1.32
EBT Excluding Unusual Items	98.65	90.26	90.94	84.9	192.37	199.19
Merger & Restructuring Charges	-0.9	-0.9	-1.2	-	-	-
Asset Writedown	-0.49	-0.49	-9.95	-2.92	-	-
Pretax Income	97.26	88.88	79.78	81.98	192.37	199.19
Income Tax Expense	25.44	26.05	26.15	21.32	51.9	44.62
Net Income	71.82	62.83	53.64	60.67	140.47	154.58
Net Income to Common	71.82	62.83	53.64	60.67	140.47	154.58
Net Income Growth	5.72%	17.14%	-11.59%	-56.81%	-9.13%	294.22%
Shares Outstanding (Basic)	213	215	217	214	209	208
Shares Outstanding (Diluted)	214	216	220	221	220	208
Shares Change (YoY)	-1.99%	-1.85%	-0.39%	0.37%	5.60%	-
EPS (Basic)	0.34	0.29	0.25	0.28	0.67	0.74
EPS (Diluted)	0.34	0.29	0.24	0.28	0.64	0.74
EPS Growth	8.68%	20.83%	-14.29%	-56.25%	-13.51%	292.76%
Free Cash Flow	251.68	246.63	264.38	83.91	-140.74	226.39
Free Cash Flow Per Share	1.18	1.14	1.20	0.38	-0.64	1.09
Dividend Per Share	0.200	0.200	-	-	-	-
Gross Margin	52.14%	49.51%	44.87%	39.48%	35.02%	34.66%
Operating Margin	11.98%	10.88%	10.60%	9.35%	14.73%	20.91%
Profit Margin	10.09%	8.82%	7.01%	6.84%	10.75%	16.12%
Free Cash Flow Margin	35.35%	34.61%	34.55%	9.47%	-10.77%	23.61%
EBITDA	89.1	84.3	91.08	93.03	211.79	214.63
EBITDA Margin	12.52%	11.83%	11.90%	10.50%	16.21%	22.38%
D&A For EBITDA	3.8	6.81	9.94	10.16	19.39	14.12
EBIT	85.31	77.5	81.14	82.88	192.41	200.51
EBIT Margin	11.98%	10.88%	10.60%	9.35%	14.73%	20.91%
Effective Tax Rate	26.16%	29.31%	32.77%	26.00%	26.98%	22.40%
Revenue as Reported	711.95	712.54	765.15	886.3	1,306	959.03
Advertising Expenses	-	46.8	32.2	34.2	45.1	15.5

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q