Cricut (CRCT) Deferred Taxes (2022 - 2026)

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

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

Cricut (CRCT) has reported Deferred Taxes for 5 consecutive years, with -$360000.0 the latest figure, recorded in Q1 2026.

  • Deferred Taxes for Q1 2026 came in at -$360000.0, up 92.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $30.6 million (up 706.73% YoY), and the FY2025 annual result was $26.1 million, up 696.55% from the prior year.
  • Deferred Taxes was -$360000.0 for Q1 2026 at Cricut, down from $40.3 million in the prior quarter.
  • Over five years, Deferred Taxes peaked at $40.3 million in Q4 2025 and troughed at -$20.5 million in Q4 2022.
  • Average Deferred Taxes over 5 years is -$737142.9, with a median of -$4.0 million recorded in 2023.
  • Year-over-year, Deferred Taxes soared 991.14% in 2024 and slumped 51.9% in 2025.
  • Over 5 years, 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 slumped by 100.89% to -$360000.0 in 2026.
  • Per Business Quant data, the three most recent Deferred Taxes figures were -$360000.0 in Q1 2026, $40.3 million in Q4 2025, and -$3.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn -32.00 Mn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 45.00 Mn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn -104.90 Mn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 47.00 Mn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn -11.00 Mn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn -
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn -29.00 Mn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 20.96 Mn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 23.53 Mn
10 Cricut 936.83 Mn 681.16 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