Cricut (CRCT) Deferred Taxes (2022 - 2026)

Cricut (CRCT) reported Deferred Taxes of -$360000.0 for Q1 2026, up 92.5% on a YoY basis from -$187016.0 in Q1 2025, and down 100.89% quarter-over-quarter from $40.3 million in Q4 2025.

Cricut (CRCT) Deferred Taxes (2022 - 2026) Analysis & Trends

Cricut has reported Deferred Taxes for 5 years, with the latest figure at -$360000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Deferred Taxes rose 92.5% year-over-year to -$360000.0; the trailing twelve-month figure through Mar 2026 stood at $30.6 million (up 706.73% YoY), and the FY2025 full-year result was $26.1 million, up 696.55% from the prior year.
  • Deferred Taxes for Q1 2026 stood at -$360000.0, down from $40.3 million in the prior quarter.
  • The five-year high for Deferred Taxes was $40.3 million in Q4 2025, with the low at -$20.5 million in Q4 2022.
  • Historically, Deferred Taxes has averaged -$737142.9 across 5 years, with a median of -$4.0 million in 2023.
  • Annual changes were most pronounced in 2024 — Deferred Taxes jumped 991.14% — and 2025, when it plunged 51.9%.
  • Cricut's Deferred Taxes stood at -$20.5 million in 2022, then jumped by 103.42% to $700000.0 in 2023, then jumped by 991.14% to $7.6 million in 2024, then soared by 428.11% to $40.3 million in 2025, then tumbled by 100.89% to -$360000.0 in 2026.
  • The last three Deferred Taxes figures came in at -$360000.0 (Q1 2026), $40.3 million (Q4 2025), and -$3.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn -45.00 Mn
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn -32.00 Mn
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn -104.90 Mn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn -11.00 Mn
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 47.00 Mn
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 20.96 Mn
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn -
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn -29.00 Mn
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn -6.51 Mn
10 Cricut 871.57 Mn 615.90 Mn 92.70 Mn -360,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 -360,000.00
Dec 31, 2025 40.34 Mn
Sep 30, 2025 -3.85 Mn
Jun 30, 2025 -5.58 Mn
Mar 31, 2025 -4.80 Mn
Dec 31, 2024 7.64 Mn
Sep 30, 2024 -2.53 Mn
Jun 30, 2024 -5.34 Mn
Mar 31, 2024 -4.14 Mn
Dec 31, 2023 700,000.00
Sep 30, 2023 -4.49 Mn
Jun 30, 2023 -4.14 Mn
Mar 31, 2023 -3.31 Mn
Dec 31, 2022 -20.46 Mn