Cricut (CRCT) Gross Margin (2020 - 2026)

Cricut (CRCT) has 7 years of Gross Margin data on file, last reported at 58.13% in Q1 2026.

• Quarterly Gross Margin fell 234.0% year-over-year to 58.13% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 54.53% (up 373.0% YoY) and the FY2025 annual result came in at 55.08%, up 557.0% from the prior year.
• Gross Margin climbed to 58.13% in Q1 2026, from 47.37% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 60.47% in Q1 2025 to a low of 29.78% in Q4 2022.
• A 5-year average of 48.4% and a median of 46.84% in 2023 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2024 — Gross Margin soared 1241 bps — and 2026, when it sank 234 bps.
• Tracing CRCT's Gross Margin over 5 years: stood at 29.78% in 2022, then surged by 41 bps to 41.96% in 2023, then grew by 7 bps to 44.91% in 2024, then climbed by 5 bps to 47.37% in 2025, then gained by 23 bps to 58.13% in 2026.
• The last three Gross Margin figures came in at 58.13% (Q1 2026), 47.37% (Q4 2025), and 55.21% (Q3 2025), per Business Quant data.