Cricut Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	705.62	708.78	712.54	765.15	886.3	1,306
Revenue Growth (YoY)	-0.31%	-0.53%	-6.88%	-13.67%	-32.15%	36.20%
Cost of Revenue	320.84	318.35	359.75	421.85	536.4	848.78
Gross Profit	384.78	390.43	352.79	343.29	349.89	457.45
Selling, General & Admin	227.74	227.88	216.28	208.26	193.03	185.23
Research & Development	67.47	66.52	60.4	65.05	76.91	79.81
Total Operating Expenses	295.2	294.4	276.68	273.31	269.94	265.05
Operating Income	89.58	96.03	76.11	69.99	79.95	192.41
Interest Income	10.26	11.39	11.02	7.98	1.81	0.18
Interest Expense	-0.57	-0.57	-0.33	-0.32	-0.29	-0.3
Other Non-Operating Income (Expense)	1.09	1.04	2.08	2.15	0.51	0.09
Total Non-Operating Income (Expense)	10.78	11.86	12.77	9.8	2.03	-0.03
Pretax Income	100.36	107.89	88.88	79.78	81.98	192.37
Provision for Income Taxes	27.25	31.19	26.05	26.15	21.32	51.9
Net Income	73.11	76.71	62.83	53.64	60.67	140.47
Net Income to Common	73.11	76.71	62.83	53.64	60.67	140.47
Net Income Growth	8.96%	22.08%	17.14%	-11.59%	-56.81%	-9.13%
Shares Outstanding (Basic)	212	215	215	217	214	209
Shares Outstanding (Diluted)	214	217	216	220	221	220
Shares Change (YoY)	-0.59%	0.77%	-1.85%	-0.39%	0.37%	5.60%
EPS (Basic)	0.36	0.36	0.29	0.25	0.28	0.67
EPS (Diluted)	0.35	0.35	0.29	0.24	0.28	0.64
EPS Growth	12.90%	20.69%	20.83%	-14.29%	-56.25%	-13.51%
Shares Outstanding	209.9	211.75	214.45	217.92	219.66	221.91
Free Cash Flow	137.26	175.81	246.63	264.38	83.91	-140.74
Free Cash Flow Growth	-21.93%	-28.72%	-6.71%	215.07%	-	-
Free Cash Flow Per Share	0.64	0.81	1.14	1.20	0.38	-0.64
Dividends Per Share	0.200	0.200	0.200	-	-	-
Gross Margin	54.53%	55.08%	49.51%	44.87%	39.48%	35.02%
Operating Margin	12.70%	13.55%	10.68%	9.15%	9.02%	14.73%
Profit Margin	10.36%	10.82%	8.82%	7.01%	6.84%	10.75%
FCF Margin	19.45%	24.80%	34.61%	34.55%	9.47%	-10.77%
EBITDA	113.53	120.47	105.12	100.02	106.91	211.79
EBITDA Margin	16.09%	17.00%	14.75%	13.07%	12.06%	16.21%
EBIT	89.58	96.03	76.11	69.99	79.95	192.41
EBIT Margin	12.70%	13.55%	10.68%	9.15%	9.02%	14.73%
Effective Tax Rate	27.15%	28.91%	29.31%	32.77%	26.00%	26.98%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q