NASDAQ : CRCT
Cricut, Inc. — Financial statements
Technology · Computer Hardware · United States
Last price 6.08 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.27B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Cricut, Inc. (CRCT) reported revenue of 689.79M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 689.79M | 708.78M | 712.54M | 765.15M | 886.30M | 1.31B |
| Cost of Revenue | 307.40M | 317.71M | 359.75M | 421.85M | 536.40M | 848.78M |
| Gross Profit | 382.39M | 391.07M | 352.79M | 343.29M | 349.89M | 457.45M |
| Selling, General & Admin | 225.19M | 227.88M | 215.79M | 198.31M | 190.10M | 185.23M |
| Research & Development | 67.56M | 66.52M | 60.40M | 65.05M | 76.91M | 79.81M |
| Operating Expenses | 292.76M | 294.40M | 276.19M | 263.36M | 267.02M | 265.05M |
| Operating Income | 89.63M | 96.67M | 76.60M | 79.94M | 82.88M | 192.41M |
| Interest Expense | -567.00K | -567.00K | -326.00K | -323.00K | -289.00K | -298.00K |
| Interest & Investment Income | 9.67M | 11.39M | 11.02M | 7.98M | 1.81M | 181.00K |
| Other Non Operating Income (Expenses) | 831.00K | 1.04M | 2.08M | 2.15M | 508.00K | 85.00K |
| EBT Excluding Unusual Items | 99.57M | 108.53M | 89.36M | 89.74M | 84.90M | 192.37M |
| Asset Writedown | -642.00K | -642.00K | -486.00K | -9.95M | -2.92M | |
| Pretax Income | 116.83M | 107.89M | 88.88M | 79.78M | 81.98M | 192.37M |
| Income Tax Expense | 29.15M | 31.19M | 26.05M | 26.15M | 21.32M | 51.90M |
| Net Income | 87.67M | 76.70M | 62.83M | 53.64M | 60.67M | 140.47M |
| Net Income to Common | 87.67M | 76.70M | 62.83M | 53.64M | 60.67M | 140.47M |
| Shares Outstanding (Basic) | 213.95M | 215.18M | 215.11M | 216.89M | 214.46M | 208.83M |
| Shares Outstanding (Diluted) | 215.97M | 217.31M | 215.65M | 219.72M | 220.59M | 219.78M |
| EPS (Basic) | 0.41 | 0.36 | 0.29 | 0.25 | 0.28 | 0.67 |
| EPS (Diluted) | 0.40 | 0.35 | 0.29 | 0.24 | 0.28 | 0.64 |
| Free Cash Flow | 147.65M | 175.81M | 246.63M | 264.38M | 83.91M | -140.74M |
| Free Cash Flow Per Share | 0.68 | 0.81 | 1.14 | 1.20 | 0.38 | -0.64 |
| Dividend Per Share | 0.20 | 0.20 | 0.20 | |||
| Gross Margin | 55.44% | 55.18% | 49.51% | 44.87% | 39.48% | 35.02% |
| Operating Margin | 12.99% | 13.64% | 10.75% | 10.45% | 9.35% | 14.73% |
| Profit Margin | 12.71% | 10.82% | 8.82% | 7.01% | 6.84% | 10.75% |
| Free Cash Flow Margin | 21.41% | 24.80% | 34.61% | 34.55% | 9.47% | -10.77% |
| EBITDA | 93.84M | 101.21M | 83.40M | 88.88M | 92.33M | 211.79M |
| EBITDA Margin | 13.61% | 14.28% | 11.71% | 11.62% | 10.42% | 16.21% |
| D&A For EBITDA | 4.21M | 4.54M | 6.81M | 8.94M | 9.46M | 19.39M |
| EBIT | 89.63M | 96.67M | 76.60M | 79.94M | 82.88M | 192.41M |
| EBIT Margin | 12.99% | 13.64% | 10.75% | 10.45% | 9.35% | 14.73% |
| Effective Tax Rate | 24.95% | 28.91% | 29.31% | 32.77% | 26.00% | 26.98% |
| Revenue as Reported | 689.79M | 708.78M | 712.54M | 765.15M | 886.30M | 1.31B |
| Advertising Expenses | 59.80M | 46.80M | 32.20M | 34.20M | 45.10M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 266.91M | 256.22M | 232.14M | 142.19M | 224.94M | 241.60M |
| Short-Term Investments | 19.35M | 19.43M | 104.77M | 102.95M | 74.26M | |
| Cash & Short-Term Investments | 286.26M | 275.65M | 336.91M | 245.14M | 299.20M | 241.60M |
| Accounts Receivable | 72.10M | 80.40M | 88.05M | 98.12M | 127.99M | 193.30M |
| Other Receivables | 11.61M | 13.93M | 13.13M | 8.55M | 6.21M | |
| Receivables | 72.10M | 92.01M | 101.98M | 111.25M | 136.54M | 199.51M |
| Inventory | 105.84M | 102.66M | 115.25M | 244.47M | 351.68M | 454.17M |
| Prepaid Expenses | 35.80M | 28.17M | 24.86M | 18.21M | 23.84M | 32.82M |
| Other Current Assets | 1.10M | 1.20M | 900.00K | |||
| Total Current Assets | 500.00M | 499.59M | 580.21M | 619.97M | 811.26M | 928.10M |
| Property, Plant & Equipment | 58.04M | 51.14M | 51.50M | 59.97M | 80.48M | 70.91M |
| Other Intangible Assets | 760.00K | 1.52M | ||||
| Long-Term Deferred Tax Assets | 16.46M | 13.21M | 39.19M | 34.82M | 23.82M | 3.25M |
| Long-Term Deferred Charges | 2.10M | 1.50M | 400.00K | 1.40M | 1.30M | |
| Other Long-Term Assets | 11.18M | 14.77M | 20.63M | 34.96M | 31.90M | 1.16M |
| Total Assets | 585.68M | 580.81M | 693.03M | 750.12M | 949.63M | 1.01B |
| Accounts Payable | 54.58M | 71.55M | 53.37M | 76.86M | 63.20M | 204.71M |
| Accrued Expenses | 65.11M | 71.15M | 76.27M | 71.93M | 69.78M | 69.35M |
| Current Portion of Leases | 3.17M | 3.61M | 3.90M | 5.23M | 5.44M | 3.75M |
| Current Unearned Revenue | 53.76M | 50.41M | 45.43M | 40.30M | 34.87M | 30.55M |
| Other Current Liabilities | 24.31M | 24.36M | 24.40M | 2.14M | 80.78M | |
| Total Current Liabilities | 200.94M | 221.07M | 203.37M | 196.46M | 254.06M | 308.37M |
| Long-Term Leases | 7.21M | 8.02M | 11.31M | 8.94M | 13.94M | 15.78M |
| Long-Term Unearned Revenue | 2.57M | 2.87M | 2.83M | 2.93M | 3.79M | 4.86M |
| Other Long-Term Liabilities | 6.78M | 5.28M | 8.76M | 6.92M | 5.11M | 3.27M |
| Total Liabilities | 217.49M | 237.25M | 226.27M | 215.25M | 276.89M | 332.27M |
| Common Stock | 209.00K | 211.00K | 213.00K | 218.00K | 220.00K | 222.00K |
| Additional Paid-In Capital | 325.84M | 339.22M | 466.55M | 505.86M | 672.99M | 717.37M |
| Retained Earnings | 42.23M | 3.96M | 28.51M | -43.56M | ||
| Comprehensive Income & Other | -81.00K | 166.00K | -6.00K | 277.00K | -475.00K | -55.00K |
| Shareholders' Equity | 368.19M | 343.56M | 466.76M | 534.87M | 672.74M | 673.98M |
| Total Liabilities & Equity | 585.68M | 580.81M | 693.03M | 750.12M | 949.63M | 1.01B |
| Total Debt | 10.38M | 11.62M | 15.21M | 14.17M | 19.37M | 19.54M |
| Net Cash (Debt) | 275.88M | 264.03M | 321.70M | 230.97M | 279.83M | 222.06M |
| Net Cash Per Share | 1.28 | 1.21 | 1.49 | 1.05 | 1.27 | 1.01 |
| Filing Date Shares Outstanding | 209.44M | 211.78M | 212.54M | 216.80M | 219.42M | 221.94M |
| Total Common Shares Outstanding | 209.37M | 211.34M | 213.30M | 217.92M | 219.66M | 221.91M |
| Working Capital | 299.07M | 278.52M | 376.84M | 423.50M | 557.21M | 619.73M |
| Book Value Per Share | 1.76 | 1.63 | 2.19 | 2.45 | 3.06 | 3.04 |
| Tangible Book Value | 368.19M | 343.56M | 466.76M | 534.87M | 671.98M | 672.46M |
| Tangible Book Value Per Share | 1.76 | 1.63 | 2.19 | 2.45 | 3.06 | 3.03 |
| Machinery | 168.36M | 154.59M | 143.88M | 125.27M | 105.66M | |
| Construction In Progress | 5.27M | 1.53M | 1.50M | 13.13M | 9.12M | |
| Leasehold Improvements | 5.11M | 5.07M | 5.07M | 5.06M | 4.02M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 87.67M | 76.70M | 62.83M | 53.64M | 60.67M | 140.47M |
| Depreciation & Amortization | 4.21M | 4.54M | 6.81M | 8.94M | 9.46M | 19.39M |
| Other Amortization | 19.90M | 19.90M | 22.20M | 21.10M | 17.50M | |
| Asset Writedown & Restructuring Costs | 642.00K | 642.00K | 486.00K | 9.95M | 2.92M | |
| Stock-Based Compensation | 26.85M | 34.79M | 45.07M | 47.33M | 41.12M | 38.07M |
| Provision & Write-off of Bad Debts | -487.00K | -1.70M | 3.29M | 1.72M | -64.00K | 1.10M |
| Other Operating Activities | 24.89M | 8.08M | -5.74M | 18.02M | -5.63M | 9.12M |
| Change in Accounts Receivable | 9.88M | 12.62M | 4.89M | 23.50M | 63.70M | -37.67M |
| Change in Inventory | 41.77M | 41.16M | 149.97M | 78.38M | 63.09M | -207.98M |
| Change in Accounts Payable | -18.54M | 16.85M | -23.12M | 13.54M | -139.84M | -46.67M |
| Change in Unearned Revenue | 2.70M | 5.03M | 5.02M | 4.58M | 3.25M | 9.13M |
| Change in Other Net Operating Assets | -19.38M | -18.39M | -6.72M | 7.41M | 1.52M | -29.91M |
| Operating Cash Flow | 180.11M | 200.23M | 264.97M | 288.10M | 117.68M | -104.95M |
| Capital Expenditures | -32.46M | -24.42M | -18.33M | -23.72M | -33.77M | -35.79M |
| Investment in Securities | 58.96M | 85.07M | 6.00K | -25.06M | -74.10M | |
| Investing Cash Flow | 26.50M | 60.66M | -18.33M | -48.78M | -107.87M | -35.79M |
| Issuance of Common Stock | 383.00K | 31.00K | 262.48M | |||
| Repurchase of Common Stock | -35.92M | -35.34M | -46.46M | -28.44M | -24.96M | -2.02M |
| Common Dividends Paid | -201.77M | -202.10M | -24.95M | |||
| Other Financing Activities | -1.31M | -218.00K | ||||
| Financing Cash Flow | -237.69M | -237.44M | -156.44M | -322.19M | -26.25M | 260.24M |
| Foreign Exchange Rate Adjustments | -70.00K | 634.00K | -252.00K | 110.00K | -221.00K | -127.00K |
| Net Cash Flow | -31.15M | 24.08M | 89.95M | -82.76M | -16.65M | 119.38M |
| Free Cash Flow | 147.65M | 175.81M | 246.63M | 264.38M | 83.91M | -140.74M |
| Free Cash Flow Margin | 21.41% | 24.80% | 34.61% | 34.55% | 9.47% | -10.77% |
| Free Cash Flow Per Share | 0.68 | 0.81 | 1.14 | 1.20 | 0.38 | -0.64 |
| Levered Free Cash Flow | -109.06M | 132.23M | 243.18M | 183.25M | 204.37M | -170.06M |
| Unlevered Free Cash Flow | -108.70M | 132.59M | 243.38M | 183.46M | 204.55M | -169.87M |
| Cash Interest Paid | 14.00K | |||||
| Cash Income Tax Paid | 5.60M | 15.35M | 43.60M | 24.07M | 28.92M | 81.13M |
| Change in Working Capital | 16.43M | 57.27M | 130.03M | 127.40M | -8.29M | -313.10M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.27B | 1.05B | 1.22B | 1.44B | 2.05B | 4.91B |
| Enterprise Value | 989.16M | 853.55M | 985.87M | 1.29B | 1.87B | 4.69B |
| Last Close Price | 6.08 | 4.74 | 4.73 | 4.98 | 6.23 | 14.86 |
| PE Ratio | 15.16 | 13.66 | 19.45 | 26.93 | 33.74 | 34.98 |
| Forward PE | 27.57 | 25.77 | 19.77 | 23.86 | 30.07 | 25.91 |
| PS Ratio | 1.87 | 1.48 | 1.72 | 1.89 | 2.31 | 3.76 |
| PB Ratio | 3.46 | 3.05 | 2.62 | 2.70 | 3.04 | 7.29 |
| P/TBV Ratio | 3.51 | 3.05 | 2.62 | 2.70 | 3.05 | 7.31 |
| P/FCF Ratio | 8.76 | 5.96 | 4.96 | 5.46 | 24.39 | |
| P/OCF Ratio | 7.18 | 5.24 | 4.61 | 5.01 | 17.39 | |
| EV/Sales Ratio | 1.47 | 1.20 | 1.38 | 1.68 | 2.11 | 3.59 |
| EV/EBITDA Ratio | 10.84 | 8.43 | 11.82 | 14.47 | 20.25 | 22.14 |
| EV/EBIT Ratio | 11.35 | 8.83 | 12.87 | 16.09 | 22.56 | 24.37 |
| EV/FCF Ratio | 6.89 | 4.86 | 4.00 | 4.86 | 22.28 | |
| Debt / Equity Ratio | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Debt / EBITDA Ratio | 0.11 | 0.11 | 0.17 | 0.15 | 0.20 | 0.09 |
| Debt / FCF Ratio | 0.07 | 0.07 | 0.06 | 0.05 | 0.23 | |
| Net Debt / Equity Ratio | -0.75 | -0.77 | -0.69 | -0.43 | -0.42 | -0.33 |
| Net Debt / EBITDA Ratio | -2.94 | -2.61 | -3.86 | -2.60 | -3.03 | -1.05 |
| Net Debt / FCF Ratio | -1.87 | -1.50 | -1.30 | -0.87 | -3.33 | 1.58 |
| Asset Turnover | 1.05 | 1.11 | 0.99 | 0.90 | 0.91 | 1.65 |
| Inventory Turnover | 2.67 | 2.92 | 2.00 | 1.42 | 1.33 | 2.42 |
| Quick Ratio | 1.78 | 1.66 | 2.16 | 1.81 | 1.72 | 1.43 |
| Current Ratio | 2.49 | 2.26 | 2.85 | 3.16 | 3.19 | 3.01 |
| Return on Equity (ROE) | 25.90% | 18.93% | 12.55% | 8.88% | 9.01% | 31.12% |
| Return on Assets (ROA) | 8.57% | 9.49% | 6.63% | 5.88% | 5.30% | 15.15% |
| Return on Invested Capital (ROIC) | 65.68% | 61.20% | 24.12% | 15.43% | 14.52% | 50.30% |
| Return on Capital Employed (ROCE) | 23.30% | 26.90% | 15.60% | 14.40% | 11.90% | 27.60% |
| Earnings Yield | 6.60% | 7.32% | 5.14% | 3.71% | 2.96% | 2.86% |
| FCF Yield | 11.42% | 16.77% | 20.18% | 18.30% | 4.10% | -2.86% |
| Dividend Yield | 3.32% | 4.03% | 3.49% | |||
| Payout Ratio | 50.20% | 263.48% | 39.72% | |||
| Buyback Yield / Dilution | -0.79% | -0.77% | 1.85% | 0.39% | -0.37% | -5.60% |
| Total Shareholder Return | 2.44% | 3.26% | 5.34% | 0.39% | -0.37% | -5.60% |