Company research
Cricut, Inc.
CIK 1828962Updated Sep 24, 2026
SecurityCRCT · NASDAQ · equity
Name history
Cricut Inc · through Nov 10, 2020
CRCT price & chart
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NASDAQ:CRCT on TradingView ↗In the news
Cricut to Announce Second Quarter 2026 Financial Results on August 4, 2026 ↗
Recent filings
SCHEDULE 13G - filed by BLASNIK STEVE regarding Cricut, Inc.
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
4 filing
4 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 580,806,000Source | 693,035,000Source | 750,122,000Source | 949,627,000Source |
| Property, Plant and Equipment, NetUSD | 40,260,000Source | 37,546,000Source | 47,614,000Source | 63,407,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | — | 0Source | 760,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 256,216,000Source | 232,140,000Source | 142,187,000Source | 224,943,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 92,011,000Source | 101,980,000Source | 111,247,000Source | 136,539,000Source |
| Inventory, NetUSD | 113,526,000Source | 134,267,000Source | 277,507,000Source | 381,468,000Source |
| Assets, CurrentUSD | 499,591,000Source | 580,214,000Source | 619,969,000Source | 811,262,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 29,266,000Source | 26,065,000Source | 19,114,000Source | 23,842,000Source |
| Operating Lease, Right-of-Use AssetUSD | 10,880,000Source | 13,958,000Source | 12,353,000Source | 17,078,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 237,245,000Source | 226,274,000Source | 215,249,000Source | 276,892,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 211,000Source | 213,000Source | 218,000Source | 220,000Source |
| Additional Paid in CapitalUSD | 339,224,000Source | 466,554,000Source | 505,864,000Source | 672,990,000Source |
| Retained Earnings (Accumulated Deficit)USD | 3,960,000Source | 0Source | 28,514,000Source | 0Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 166,000Source | -6,000Source | 277,000Source | -475,000Source |
| Stockholders' Equity Attributable to ParentUSD | 343,561,000Source | 466,761,000Source | 534,873,000Source | 672,735,000Source |
| Liabilities and EquityUSD | 580,806,000Source | 693,035,000Source | 750,122,000Source | 949,627,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 221,075,000Source | 203,374,000Source | 196,464,000Source | 254,056,000Source |
| Operating Lease, Liability, CurrentUSD | 3,606,000Source | 3,899,000Source | 5,230,000Source | 5,436,000Source |
| Accounts Payable, CurrentUSD | 71,553,000Source | 53,373,000Source | 76,860,000Source | 63,195,000Source |
| Operating Lease, Liability, NoncurrentUSD | 8,018,000Source | 11,310,000Source | 8,938,000Source | 13,935,000Source |
| Other Liabilities, NoncurrentUSD | 5,280,000Source | 8,764,000Source | 6,916,000Source | 5,112,000Source |
| Additional Financial Items | ||||
| Dividends Payable, CurrentUSD | 24,361,000Source | 24,401,000Source | 2,137,000Source | 80,781,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 24,439,000Source | 29,006,000Source | 30,039,000Source | 26,957,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 34,791,000Source | 45,067,000Source | 47,326,000Source | 41,121,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -12,618,000Source | -4,888,000Source | -23,500,000Source | -63,696,000Source |
| Increase (Decrease) in InventoriesUSD | -41,161,000Source | -149,965,000Source | -78,376,000Source | -63,085,000Source |
| Increase (Decrease) in Accounts PayableUSD | 16,854,000Source | -23,120,000Source | 13,535,000Source | -139,845,000Source |
| Deferred Income Tax Expense (Benefit)USD | 26,057,000Source | -4,318,000Source | -11,237,000Source | -20,461,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 200,230,000Source | 264,968,000Source | 288,097,000Source | 117,683,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 60,657,000Source | -18,328,000Source | -48,778,000Source | -107,869,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 10,594,000Source | 7,970,000Source | 8,106,000Source | 6,384,000Source |
| Payments for Repurchase of Common StockUSD | 24,748,000Source | 38,493,000Source | 20,332,000Source | 18,580,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -237,445,000Source | -156,435,000Source | -322,185,000Source | -26,247,000Source |
| Dividends paid | — | — | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | 0Source | 0Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 24,076,000Source | 89,953,000Source | -82,756,000Source | -16,654,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 256,216,000Source | 232,140,000Source | 142,187,000Source | 224,943,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | 0Source | 0Source | 0Source |
| Income Taxes Paid, NetUSD | 10,455,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 634,000Source | -252,000Source | 110,000Source | -221,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 34,791,000Source | 45,067,000Source | 47,326,000Source | 41,121,000Source |
| Amortization of Intangible AssetsUSD | — | — | 800,000Source | 800,000Source |
| DepreciationUSD | 24,100,000Source | 29,000,000Source | 29,000,000Source | 25,900,000Source |
| Dividends Payable, CurrentUSD | 24,361,000Source | 24,401,000Source | 2,137,000Source | 80,781,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 100,000Source | -2,700,000Source | -1,300,000Source | -1,000,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | 1,077,000Source | -1,047,000Source | -88,000Source | 1,040,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | 0Source |
| General and Administrative ExpenseUSD | 68,464,000Source | 72,985,000Source | 85,091,000Source | 62,647,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 31,188,000Source | 26,047,000Source | 26,147,000Source | 21,315,000Source |
| Inventory Write-downUSD | -19,706,000Source | -5,401,000Source | 26,330,000Source | 11,466,000Source |
| Net Income (Loss) Attributable to ParentUSD | 76,705,000Source | 62,830,000Source | 53,636,000Source | 60,666,000Source |
| Nonoperating Income (Expense)USD | — | — | — | 2,028,000Source |
| Operating ExpensesUSD | 294,398,000Source | 276,678,000Source | 273,308,000Source | 269,940,000Source |
| Operating Lease, ExpenseUSD | 3,460,000Source | 4,811,000Source | 4,987,000Source | 4,845,000Source |
| Other Nonoperating Income (Expense)USD | 11,860,000Source | 12,767,000Source | 9,798,000Source | — |
| Proceeds from Contributed CapitalUSD | — | — | 0Source | 0Source |
| Proceeds from Stock Options ExercisedUSD | 0Source | 0Source | 383,000Source | 31,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | 37,140,000Source | 47,900,000Source | 50,030,000Source | 45,288,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 708,780,000Source | 712,538,000Source | 765,147,000Source | 886,296,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | 96,033,000Source | 76,110,000Source | 69,985,000Source | 79,953,000Source |
| Other Nonoperating Income (Expense)USD | 11,860,000Source | 12,767,000Source | 9,798,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 107,893,000Source | 88,877,000Source | 79,783,000Source | 81,981,000Source |
| Income Tax Expense (Benefit)USD | 31,188,000Source | 26,047,000Source | 26,147,000Source | 21,315,000Source |
| Net Income (Loss) Attributable to ParentUSD | 76,705,000Source | 62,830,000Source | 53,636,000Source | 60,666,000Source |
| Earnings Per Share, BasicUSD per share | 0.36Source | 0.29Source | 0.25Source | 0.28Source |
| Earnings Per Share, DilutedUSD per share | 0.35Source | 0.29Source | 0.24Source | 0.28Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 215,183,706Source | 215,105,815Source | 216,892,525Source | 214,458,284Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 217,309,035Source | 215,645,506Source | 219,722,063Source | 220,588,789Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | — | 800,000Source | 800,000Source |
| Current Income Tax Expense (Benefit)USD | 5,131,000Source | 30,365,000Source | 37,384,000Source | 41,776,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 100,000Source | -2,700,000Source | -1,300,000Source | -1,000,000Source |
| General and Administrative ExpenseUSD | 68,464,000Source | 72,985,000Source | 85,091,000Source | 62,647,000Source |
| Gross ProfitUSD | 390,431,000Source | 352,788,000Source | 343,293,000Source | 349,893,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 105,817,000Source | — | — | — |
| Interest ExpenseUSD | 567,000Source | 326,000Source | 323,000Source | — |
| Interest Income, OperatingUSD | 11,389,000Source | 11,016,000Source | 7,976,000Source | — |
| Nonoperating Income (Expense)USD | — | — | — | 2,028,000Source |
| Operating ExpensesUSD | 294,398,000Source | 276,678,000Source | 273,308,000Source | 269,940,000Source |
| Operating Lease, ExpenseUSD | 3,460,000Source | 4,811,000Source | 4,987,000Source | 4,845,000Source |
| Research and Development ExpenseUSD | 66,522,000Source | 60,399,000Source | 65,048,000Source | 76,914,000Source |
| Selling and Marketing ExpenseUSD | 159,412,000Source | 143,294,000Source | 123,169,000Source | 130,379,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | 37,140,000Source | 47,900,000Source | 50,030,000Source | 45,288,000Source |