Cricut (CRCT) Cost of Revenue (2020 - 2026)
Cricut's (CRCT) quarterly Cost of Revenue came in at $66.8 million in Q1 2026, up 3.87% YoY from $64.3 million in Q1 2025, and down 37.68% on a QoQ basis from $107.1 million in Q4 2025.
Cricut (CRCT) Cost of Revenue (2020 - 2026) Analysis & Trends
Cricut (CRCT) has 7 years of Cost of Revenue data on file, last reported at $66.8 million in Q1 2026.
- Quarterly Cost of Revenue rose 3.87% year-over-year to $66.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $320.8 million (down 7.87% YoY) and the FY2025 annual result came in at $318.3 million, down 11.51% from the prior year.
- Cost of Revenue declined to $66.8 million in Q1 2026, from $107.1 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $197.1 million in Q4 2022 to a low of $64.3 million in Q1 2025.
- A 5-year average of $100.2 million and a median of $93.0 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue sank 51.85% — and 2026, when it advanced 3.87%.
- Tracing CRCT's Cost of Revenue over 5 years: stood at $197.1 million in 2022, then slumped by 31.93% to $134.2 million in 2023, then dropped by 14.08% to $115.3 million in 2024, then decreased by 7.08% to $107.1 million in 2025, then slumped by 37.68% to $66.8 million in 2026.
- The last three Cost of Revenue figures came in at $66.8 million (Q1 2026), $107.1 million (Q4 2025), and $76.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn | 36.06 Bn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 1.03 Bn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 1.29 Bn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 1.67 Bn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 1.66 Bn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 329.56 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 11.39 Bn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 9.22 Bn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 619.29 Mn |
| 10 | Cricut | 1.01 Bn | 749.58 Mn | 92.70 Mn | 66.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 66.77 Mn |
| Mar 31, 2026 | 66.77 Mn |
| Dec 31, 2025 | 107.15 Mn |
| Dec 31, 2025 | 107.15 Mn |
| Sep 30, 2025 | 76.34 Mn |
| Sep 30, 2025 | 76.34 Mn |
| Jun 30, 2025 | 70.57 Mn |
| Jun 30, 2025 | 70.57 Mn |
| Mar 31, 2025 | 64.29 Mn |
| Mar 31, 2025 | 64.29 Mn |
| Dec 31, 2024 | 115.32 Mn |
| Dec 31, 2024 | 115.32 Mn |
| Sep 30, 2024 | 90.53 Mn |
| Sep 30, 2024 | 90.53 Mn |
| Jun 30, 2024 | 78.11 Mn |
| Jun 30, 2024 | 78.11 Mn |
| Mar 31, 2024 | 75.80 Mn |
| Mar 31, 2024 | 75.80 Mn |
| Dec 31, 2023 | 134.21 Mn |
| Dec 31, 2023 | 134.21 Mn |