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| 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 |