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Cricut, Inc. CRCT Platform — Revenue

Other product segments

Products
$71.28M

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenue:
Platform$85,009$80,697$169,777$160,683
Products71,27691,415145,979174,063
Total revenue156,285172,112315,756334,746
Cost of revenue:
Platform5,9648,81615,32317,484
Products33,91361,75791,327117,375
Total cost of revenue39,87770,573106,650134,859

Item 1. Financial Statements (unaudited)

FAQ

What is Cricut, Inc.'s platform — revenue?
Cricut, Inc. (CRCT) reported platform — revenue of $85.01M in Q2 2026.
How has Cricut, Inc.'s platform — revenue changed year-over-year?
Cricut, Inc.'s platform — revenue increased by 5.3% year-over-year, from $80.7M to $85.01M.
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.

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