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

Cricut (CRCT) has reported Cost of Revenue for 7 consecutive years, with $36.3 million the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $36.3 million, down 0.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $356.9 million (down 22.99% YoY), and the FY2025 annual result was $318.3 million, down 11.51% from the prior year.
• Cost of Revenue was $36.3 million for Q1 2026 at Cricut, down from $208.3 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $258.1 million in Q4 2024 and troughed at $29.2 million in Q3 2022.
• Average Cost of Revenue over 5 years is $85.2 million, with a median of $76.3 million recorded in 2025.
• Year-over-year, Cost of Revenue sank 86.96% in 2022 and soared 263.62% in 2023.
• Over 5 years, 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 dropped by 19.28% to $208.3 million in 2025, then slumped by 82.56% to $36.3 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $36.3 million in Q1 2026, $208.3 million in Q4 2025, and $76.3 million in Q3 2025.