Cricut (CRCT) Gross Margin (2020 - 2026)
Cricut's (CRCT) quarterly Gross Margin came in at 58.13% in Q1 2026, down 234.0% YoY from 43.38% in Q1 2025, and up 22.71% on a QoQ basis from 47.37% in Q4 2025.
Cricut (CRCT) Gross Margin (2020 - 2026) Analysis & Trends
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 278.57 Bn | 266.99 Bn | 7.78 Bn | 17.75% |
| 2 | Arista Networks | 232.75 Bn | 220.40 Bn | 1.68 Bn | 61.90% |
| 3 | Sandisk | 190.63 Bn | 186.89 Bn | 4.66 Bn | 78.35% |
| 4 | Seagate Technology Holdings | 186.50 Bn | 185.35 Bn | 1.45 Bn | 46.50% |
| 5 | Western Digital | 184.00 Bn | 180.76 Bn | 1.68 Bn | 50.22% |
| 6 | Everpure | 26.61 Bn | 25.11 Bn | 723.33 Mn | 68.70% |
| 7 | Hp | 24.78 Bn | 21.08 Bn | 3.02 Bn | 20.93% |
| 8 | Super Micro Computer | 17.22 Bn | 15.93 Bn | 1.02 Bn | 9.95% |
| 9 | Logitech International | 16.90 Bn | 15.15 Bn | 607.94 Mn | 49.54% |
| 10 | Cricut | 1.01 Bn | 749.73 Mn | 92.70 Mn | 58.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 58.13% |
| Dec 31, 2025 | 47.37% |
| Sep 30, 2025 | 55.21% |
| Jun 30, 2025 | 59.00% |
| Mar 31, 2025 | 60.47% |
| Dec 31, 2024 | 44.91% |
| Sep 30, 2024 | 46.08% |
| Jun 30, 2024 | 53.49% |
| Mar 31, 2024 | 54.72% |
| Dec 31, 2023 | 41.96% |
| Sep 30, 2023 | 46.84% |
| Jun 30, 2023 | 49.31% |
| Mar 31, 2023 | 42.30% |
| Dec 31, 2022 | 29.78% |
| Sep 30, 2022 | 46.23% |
| Jun 30, 2022 | 46.49% |
| Mar 31, 2022 | 40.45% |
| Dec 31, 2021 | 27.03% |
| Sep 30, 2021 | 39.24% |
| Jun 30, 2021 | 38.95% |