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Cricut, Inc. CRCT Gross Profit

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Segments

By segment

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Platform$79.05M+10.0%
Products$37.36M+26.0%

Other financials

Income statement

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Revenue$156.3M-9.2%
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

Calculated from Cricut, Inc.’s reported figures.

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
Platform5,9648,81615,32317,484
Products33,91361,75791,327117,375
Total cost of revenue39,87770,573106,650134,859
Gross profit116,408101,539209,106199,887
Operating expenses:
Research and development16,85916,76233,46132,419
Sales and marketing37,99635,87774,32372,562
General and administrative14,13518,79531,01835,460

Item 1. Financial Statements (unaudited)

FAQ

What is Cricut, Inc.'s gross profit?
Cricut, Inc. (CRCT) reported gross profit of $116.41M in Q2 2026.
How has Cricut, Inc.'s gross profit changed year-over-year?
Cricut, Inc.'s gross profit increased by 14.6% year-over-year, from $101.54M to $116.41M.
What is the long-term trend for Cricut, Inc.'s gross profit?
Over 4 years (2021 to 2025), Cricut, Inc.'s gross profit has grown at a -3.9% compound annual growth rate (CAGR), from $457.45M to $390.43M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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