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Cricut, Inc. CRCT Products — Cost of revenue

Other product segments

Platform
$9.36M+8.0%

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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×
Current ratio2.7×-0.6×

Where this comes from

Reported directly by Cricut, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

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 products — cost of revenue?
Cricut, Inc. (CRCT) reported products — cost of revenue of $57.41M in Q1 2026.
How has Cricut, Inc.'s products — cost of revenue changed year-over-year?
Cricut, Inc.'s products — cost of revenue increased by 3.2% year-over-year, from $55.62M to $57.41M.
What is the long-term trend for Cricut, Inc.'s products — cost of revenue?
Over 3 years (2022 to 2025), Cricut, Inc.'s products — cost of revenue has grown at a -17.9% compound annual growth rate (CAGR), from $509.73M to $282.36M.
What does products — cost of revenue mean?
This metric represents the direct costs incurred to manufacture, procure, and distribute the products sold within the segment. It includes expenses such as raw materials, direct labor, and shipping costs necessary to bring the products to market. Monitoring this figure is essential for understanding the cost structure and margin pressures of the physical goods business.