Cricut Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	708.78	712.54	765.15	886.3	1,306
Revenue Growth (YoY)	-0.53%	-6.88%	-13.67%	-32.15%	36.20%
Cost of Revenue	318.35	359.75	421.85	536.4	848.78
Gross Profit	390.43	352.79	343.29	349.89	457.45
Selling, General & Admin	227.88	216.28	208.26	193.03	185.23
Research & Development	66.52	60.4	65.05	76.91	79.81
Total Operating Expenses	294.4	276.68	273.31	269.94	265.05
Operating Income	96.03	76.11	69.99	79.95	192.41
Interest Income	11.39	11.02	7.98	1.81	0.18
Interest Expense	-0.57	-0.33	-0.32	-0.29	-0.3
Other Non-Operating Income (Expense)	1.04	2.08	2.15	0.51	0.09
Total Non-Operating Income (Expense)	11.86	12.77	9.8	2.03	-0.03
Pretax Income	107.89	88.88	79.78	81.98	192.37
Provision for Income Taxes	31.19	26.05	26.15	21.32	51.9
Net Income	76.71	62.83	53.64	60.67	140.47
Net Income to Common	76.71	62.83	53.64	60.67	140.47
Net Income Growth	22.08%	17.14%	-11.59%	-56.81%	-9.13%
Shares Outstanding (Basic)	215	215	217	214	209
Shares Outstanding (Diluted)	217	216	220	221	220
Shares Change (YoY)	0.77%	-1.85%	-0.39%	0.37%	5.60%
EPS (Basic)	0.36	0.29	0.25	0.28	0.67
EPS (Diluted)	0.35	0.29	0.24	0.28	0.64
EPS Growth	20.69%	20.83%	-14.29%	-56.25%	-13.51%
Free Cash Flow	175.81	246.63	264.38	83.91	-140.74
Free Cash Flow Growth	-28.72%	-6.71%	215.07%	-	-
Free Cash Flow Per Share	0.81	1.14	1.20	0.38	-0.64
Dividends Per Share	-	0.200	-	-	-
Gross Margin	55.08%	49.51%	44.87%	39.48%	35.02%
Operating Margin	13.55%	10.68%	9.15%	9.02%	14.73%
Profit Margin	10.82%	8.82%	7.01%	6.84%	10.75%
FCF Margin	24.81%	34.61%	34.55%	9.47%	-10.77%
EBITDA	120.47	105.12	100.02	106.91	211.79
EBITDA Margin	17.00%	14.75%	13.07%	12.06%	16.21%
EBIT	96.03	76.11	69.99	79.95	192.41
EBIT Margin	13.55%	10.68%	9.15%	9.02%	14.73%
Effective Tax Rate	28.91%	29.31%	32.77%	26.00%	26.98%

Updated Mar 3, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q