Cricut (CRCT) Intangibles (2020 - 2023)
Cricut's Intangibles was $190,000 in Q3 2023, down 80.0% from $950,000 a year earlier and down 50.0% from the prior quarter.
Analysis
Cricut (CRCT) Intangibles (2020 - 2023) Analysis & Trends
At the end of FY2022, Intangibles at Cricut came in at $760,000, down 50.0% from FY2021.
- In earlier years, Intangibles was $1.52 million in FY2021 (-33.3%) and $2.28 million in FY2020.
- The Q3 2023 figure marks the lowest quarterly Intangibles in data going back to Q4 2020.
- Compared with a year earlier, Intangibles has declined for eight straight quarters, with an average decline of 51.0% over the last eight quarters.
- The year-over-year decline in Intangibles has ranged between 33.3% (Q4 2021) and 80.0% (Q3 2023) over the last five years.
- Per Business Quant data, CRCT's Intangibles in the three quarters before Q3 2023 was $380,000 (Q2 2023), $570,000 (Q1 2023) and $760,000 (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 27.21 Bn | 24.88 Bn | 860.34 Mn | 446.89 Mn |
| 2 | Somnigroup International | 13.20 Bn | 12.74 Bn | 817.20 Mn | 2.58 Bn |
| 3 | Hni | 3.42 Bn | 2.99 Bn | 647.20 Mn | - |
| 4 | Newell Brands | 2.39 Bn | 1.55 Bn | 812.00 Mn | 1.58 Bn |
| 5 | Sonos | 2.09 Bn | 987.86 Mn | 189.31 Mn | 64.42 Mn |
| 6 | Whirlpool | 1.89 Bn | -1.58 Bn | 442.00 Mn | 2.55 Bn |
| 7 | Millerknoll | 1.47 Bn | 769.70 Mn | 385.30 Mn | 434.60 Mn |
| 8 | Corsair Gaming | 1.44 Bn | 968.13 Mn | 104.29 Mn | 106.49 Mn |
| 9 | Cricut | 1.36 Bn | 334.37 Mn | 116.41 Mn | - |
| 10 | Arhaus | 1.35 Bn | 431.91 Mn | 172.07 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 190,000.00 |
| Jun 30, 2023 | 380,000.00 |
| Mar 31, 2023 | 570,000.00 |
| Dec 31, 2022 | 760,000.00 |
| Sep 30, 2022 | 950,000.00 |
| Jun 30, 2022 | 1.14 Mn |
| Mar 31, 2022 | 1.33 Mn |
| Dec 31, 2021 | 1.52 Mn |
| Sep 30, 2021 | 1.71 Mn |
| Jun 30, 2021 | 1.90 Mn |
| Mar 31, 2021 | 2.09 Mn |
| Dec 31, 2020 | 2.28 Mn |
API Access
Cricut Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=CRCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "CRCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=CRCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();