The Inventing Press

Cricut, Inc.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$708.8M$712.5M$765.1M$886.3M$1.3B
Cost of revenue$318.3M$359.8M$421.9M$536.4M$848.8M
Gross profit$390.4M$352.8M$343.3M$349.9M$457.4M
Research and development$66.5M$60.4M$65.0M$76.9M$79.8M
Operating expenses$294.4M$276.7M$273.3M$269.9M$265.0M
Operating income$96.0M$76.1M$70.0M$80.0M$192.4M
Interest expense$567,000$326,000$323,000$289,000$298,000
Pretax income$107.9M$88.9M$79.8M$82.0M$192.4M
Income tax expense$31.2M$26.0M$26.1M$21.3M$51.9M
Net income$76.7M$62.8M$53.6M$60.7M$140.5M
Balance Sheet
Cash and equivalents$256.2M$232.1M$142.2M$224.9M$241.6M
Current assets$499.6M$580.2M$620.0M$811.3M$928.1M
Total assets$580.8M$693.0M$750.1M$949.6M$1.0B
Current liabilities$221.1M$203.4M$196.5M$254.1M$308.4M
Total liabilities$237.2M$226.3M$215.2M$276.9M$332.3M
Stockholders' equity$343.6M$466.8M$534.9M$672.7M$674.0M
Cash Flow Statement
Cash from operations$200.2M$265.0M$288.1M$117.7M-$104.9M
Depreciation and amortization$24.4M$29.0M$30.0M$27.0M$19.4M
Stock-based compensation$34.8M$45.1M$47.3M$41.1M$38.1M
Capital expenditure$3.5M$2.0M$2.8M$4.4M$3.4M
Free cash flow$196.8M$262.9M$285.3M$113.3M-$108.3M
Dividends paid$202.1M$110.0M$294.1M$0$0
Share repurchases$24.7M$38.5M$20.3M$18.6M$0
Impairments$642,000$486,000$10.0M$2.9M$0

Shares outstanding 209.9M · Free float 14.8%

Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.