Cricut (CRCT) Gross Margin (2020 - 2026)
Cricut's (CRCT) quarterly Gross Margin came in at 74.48% in Q2 2026, up 1549.0% on a YoY basis from 4.52% in Q2 2025, and up 28.14% quarter-over-quarter from 58.13% in Q1 2026.
Analysis
Cricut (CRCT) Gross Margin (2020 - 2026) Analysis & Trends
Cricut (CRCT) has reported Gross Margin for 7 consecutive years, with 74.48% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 1549.0% year-over-year to 74.48%; the trailing twelve-month figure through Jun 2026 stood at 57.94% (up 579.0% YoY), and the FY2025 full-year result was 55.08%, up 557.0% from the prior year.
- Gross Margin climbed to 74.48% in Q2 2026 per CRCT's latest filing, from 58.13% in the prior quarter.
- Across five years, Gross Margin topped out at 74.48% in Q2 2026 and bottomed at 29.78% in Q4 2022.
- Historically, Gross Margin has averaged 49.85% across 5 years, with a median of 47.11% in 2025.
- The widest YoY moves for Gross Margin: up 1549 bps in 2026, down 234 bps in 2026.
- Over 5 years, Gross Margin stood at 29.78% in 2022, then jumped by 41 bps to 41.96% in 2023, then rose by 7 bps to 44.91% in 2024, then increased by 5 bps to 47.37% in 2025, then jumped by 57 bps to 74.48% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 74.48%, 58.13%, and 47.37% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sonos | 1.84 Bn | 1.58 Bn | 189.31 Mn | 50.45% |
| 2 | Corsair Gaming | 1.45 Bn | 1.27 Bn | 104.29 Mn | 33.18% |
| 3 | Cricut | 1.18 Bn | 894.58 Mn | 116.41 Mn | 74.48% |
| 4 | Turtle Beach | 227.10 Mn | 207.53 Mn | 21.86 Mn | 38.79% |
| 5 | GoPro | 215.05 Mn | 187.79 Mn | 31.66 Mn | 30.17% |
| 6 | Owlet | 136.58 Mn | 100.03 Mn | 21.82 Mn | 64.44% |
| 7 | AMC Robotics | 75.71 Mn | 71.17 Mn | 750,607.00 | 80.09% |
| 8 | Ispire Technology | 75.66 Mn | 55.86 Mn | 1.69 Mn | 6.32% |
| 9 | Axil Brands | 41.28 Mn | 36.82 Mn | 6.22 Mn | 72.63% |
| 10 | Koss | 33.98 Mn | 14.16 Mn | 1.99 Mn | 60.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 74.48% |
| 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% |