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Cricut, Inc. CRCT Platform — Gross Profit

Other segment segments

Products
$37.36M+26.0%

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Other financials

Income statement

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Revenue$156.3M-9.2%
Gross profit$116.4M+14.6%
Operating income$47.4M+57.5%
Net income$39.1M+59.5%
EPS (diluted)$0.19+72.7%

Balance sheet

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Cash & equivalents$266.9M-10.4%
Total debt$10.4M-22.5%
Total equity$368.2M+19.2%
Total assets$585.7M-18.8%

Cash flow

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Operating cash flow$50.4M+39.3%
CapEx$184.0K-73.7%
Free cash flow$50.2M+41.5%

Valuation

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Market cap$1.27B+5.5%
Enterprise value$1.01B+10.3%
P/E14.5×-2.3×
P/S1.8×+0.2×

Profitability

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Gross margin57.9%+5.8pp
Operating margin15.5%+3.7pp
Net margin12.7%+2.6pp
FCF margin25.5%-12.1pp

Returns & leverage

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Return on equity25.9%+6.9pp
Debt / equity0.0×
Current ratio2.5×+1.0×

Where this comes from

Reported directly by Cricut, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: Cricut, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 4, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001828962-26-000049
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Platform:
Revenue$85,009$80,697$169,777$160,683
Cost of revenue5,9648,81615,32317,484
Gross profit$79,045$71,881$154,454$143,199
Products:
Revenue$71,276$91,415$145,979$174,063
Cost of revenue33,91361,75791,327117,375
Gross profit$37,363$29,658$54,652$56,688

Item 1. Financial Statements (unaudited)

FAQ

What is Cricut, Inc.'s platform — gross profit?
Cricut, Inc. (CRCT) reported platform — gross profit of $79.05M in Q2 2026.
How has Cricut, Inc.'s platform — gross profit changed year-over-year?
Cricut, Inc.'s platform — gross profit increased by 10.0% year-over-year, from $71.88M to $79.05M.
What does platform — gross profit mean?
This metric represents the total revenue generated by the platform segment minus the direct costs associated with providing those services. It serves as a key indicator of the profitability and operational efficiency of the company's subscription and software-based ecosystem. High gross profit in this segment highlights the scalability and margin potential of the digital platform.

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