Cricut (CRCT) Deferred Taxes (2022 - 2026)
Cricut's (CRCT) quarterly Deferred Taxes came in at -$360000.0 in Q1 2026, up 92.5% YoY from -$187016.0 in Q1 2025, and down 100.89% on a QoQ basis from $40.3 million in Q4 2025.
Cricut (CRCT) Deferred Taxes (2022 - 2026) Analysis & Trends
Cricut (CRCT) has 5 years of Deferred Taxes data on file, last reported at -$360000.0 in Q1 2026.
- Quarterly Deferred Taxes rose 92.5% year-over-year to -$360000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $30.6 million (up 706.73% YoY) and the FY2025 annual result came in at $26.1 million, up 696.55% from the prior year.
- Deferred Taxes slipped to -$360000.0 in Q1 2026, from $40.3 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $40.3 million in Q4 2025 to a low of -$20.5 million in Q4 2022.
- A 5-year average of -$737142.9 and a median of -$4.0 million in 2023 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2024 — Deferred Taxes jumped 991.14% — and 2025, when it plunged 51.9%.
- Tracing CRCT's Deferred Taxes over 5 years: 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 | 278.57 Bn | 266.99 Bn | 7.78 Bn | 45.00 Mn |
| 2 | Arista Networks | 232.75 Bn | 220.40 Bn | 1.68 Bn | -104.90 Mn |
| 3 | Sandisk | 190.63 Bn | 186.89 Bn | 4.66 Bn | -32.00 Mn |
| 4 | Seagate Technology Holdings | 186.50 Bn | 185.35 Bn | 1.45 Bn | -11.00 Mn |
| 5 | Western Digital | 184.00 Bn | 180.76 Bn | 1.68 Bn | 47.00 Mn |
| 6 | Everpure | 26.61 Bn | 25.11 Bn | 723.33 Mn | - |
| 7 | Hp | 24.78 Bn | 21.08 Bn | 3.02 Bn | -29.00 Mn |
| 8 | Super Micro Computer | 17.22 Bn | 15.93 Bn | 1.02 Bn | 20.96 Mn |
| 9 | Logitech International | 16.90 Bn | 15.15 Bn | 607.94 Mn | 13.87 Mn |
| 10 | Cricut | 1.01 Bn | 749.73 Mn | 92.70 Mn | -360,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |