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Cricut, Inc. CRCT Platform — Revenue

Other product segments

Products
$74.7M—

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Other financials

Income statement

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Revenue$159.5M-1.9%
Gross profit$92.7M-5.7%
Operating income$22.9M-22.0%
Net income$20.3M-15.0%
EPS (diluted)$0.10-9.1%

Balance sheet

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Cash & equivalents$236.5M-6.2%
Total debt$10.7M-26.3%
Total equity$357.5M-27.1%
Total assets$543.8M-20.2%

Cash flow

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Operating cash flow$26.9M-56.1%
CapEx$3.4M+67.0%
Free cash flow$23.5M-60.3%

Valuation

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Market cap$927.75M-33.0%
Enterprise value$701.95M-38.8%
P/E12.7×-8.0×
P/S1.3×-0.6×

Profitability

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Gross margin54.5%+3.7pp
Operating margin12.7%+1.4pp
Net margin10.4%+0.9pp
FCF margin22.8%-14.9pp

Returns & leverage

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Return on equity17.2%+4.4pp
Debt / equity0×0.0×
Current ratio2.7×-0.6×

Where this comes from

Reported directly by Cricut, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Cricut, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cricut, Inc.'s platform — revenue?
Cricut, Inc. (CRCT) reported platform — revenue of $84.77M in Q1 2026.
How has Cricut, Inc.'s platform — revenue changed year-over-year?
Cricut, Inc.'s platform — revenue increased by 6.0% year-over-year, from $79.99M to $84.77M.
What is the long-term trend for Cricut, Inc.'s platform — revenue?
Over 3 years (2022 to 2025), Cricut, Inc.'s platform — revenue has grown at a 5.5% compound annual growth rate (CAGR), from $278.65M to $327.4M.
What does platform — revenue mean?
This metric captures the gross inflows of economic benefits arising from the platform segment's activities, including software access and subscription fees. It provides insight into the market demand for the company's digital creativity tools and services. Tracking this revenue helps investors understand the adoption rate of the platform among the installed user base.