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Cricut, Inc. CRCT Products — Gross Profit

Other segment segments

Platform
$75.41M+5.7%

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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:GrossProfit.

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 — gross profit?
Cricut, Inc. (CRCT) reported products — gross profit of $17.29M in Q1 2026.
How has Cricut, Inc.'s products — gross profit changed year-over-year?
Cricut, Inc.'s products — gross profit decreased by 36.0% year-over-year, from $27.03M to $17.29M.
What does products — gross profit mean?
This metric represents the total profit generated by the Products segment after deducting the direct costs associated with producing and delivering those goods. It serves as a key indicator of the segment's core operational efficiency and pricing power before accounting for operating expenses. Investors use this to evaluate the profitability of the hardware and physical goods business model.