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| 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 |