Cricut (CRCT) Cost of Revenue (2020 - 2026)

Cricut has reported Cost of Revenue for 7 years, with the latest figure at $36.3 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 0.98% year-over-year to $36.3 million; the trailing twelve-month figure through Mar 2026 stood at $356.9 million (down 22.99% YoY), and the FY2025 full-year result was $318.3 million, down 11.51% from the prior year.
• Cost of Revenue for Q1 2026 stood at $36.3 million, down from $208.3 million in the prior quarter.
• The five-year high for Cost of Revenue was $258.1 million in Q4 2024, with the low at $29.2 million in Q3 2022.
• Historically, Cost of Revenue has averaged $85.2 million across 5 years, with a median of $76.3 million in 2025.
• Annual changes were most pronounced in 2022 — Cost of Revenue tumbled 86.96% — and 2023, when it jumped 263.62%.
• Cricut's Cost of Revenue stood at $36.9 million in 2022, then jumped by 263.62% to $134.2 million in 2023, then soared by 92.3% to $258.1 million in 2024, then retreated by 19.28% to $208.3 million in 2025, then tumbled by 82.56% to $36.3 million in 2026.
• The last three Cost of Revenue figures came in at $36.3 million (Q1 2026), $208.3 million (Q4 2025), and $76.3 million (Q3 2025), per Business Quant data.