Cricut (CRCT) Net Margin (2020 - 2026)
Cricut (CRCT) reported Net Margin of 12.74% for Q1 2026, down 197.0% on a YoY basis from 13.13% in Q1 2025, and up 232.95% quarter-over-quarter from 3.83% in Q4 2025.
Cricut (CRCT) Net Margin (2020 - 2026) Analysis & Trends
Cricut has reported Net Margin for 7 years, with the latest figure at 12.74% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 197.0% year-over-year to 12.74%; the trailing twelve-month figure through Mar 2026 stood at 10.36% (up 89.0% YoY), and the FY2025 full-year result was 10.82%, up 200.0% from the prior year.
- Net Margin for Q1 2026 stood at 12.74%, up from 3.83% in the prior quarter.
- The five-year high for Net Margin was 14.71% in Q1 2025, with the low at 3.83% in Q4 2025.
- Historically, Net Margin has averaged 8.85% across 5 years, with a median of 9.01% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin sank 716 bps — and 2024, when it jumped 672 bps.
- Cricut's Net Margin stood at 3.89% in 2022, then climbed by 26 bps to 4.88% in 2023, then climbed by 17 bps to 5.7% in 2024, then plunged by 33 bps to 3.83% in 2025, then jumped by 233 bps to 12.74% in 2026.
- The last three Net Margin figures came in at 12.74% (Q1 2026), 3.83% (Q4 2025), and 12.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 6.77% |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 60.76% |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 37.76% |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 24.04% |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | - |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 4.72% |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 9.47% |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 3.12% |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 1,189.87% |
| 10 | Cricut | 871.57 Mn | 615.90 Mn | 92.70 Mn | 12.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.74% |
| Dec 31, 2025 | 3.83% |
| Sep 30, 2025 | 12.05% |
| Jun 30, 2025 | 14.23% |
| Mar 31, 2025 | 14.71% |
| Dec 31, 2024 | 5.70% |
| Sep 30, 2024 | 6.83% |
| Jun 30, 2024 | 11.77% |
| Mar 31, 2024 | 11.76% |
| Dec 31, 2023 | 4.88% |
| Sep 30, 2023 | 9.85% |
| Jun 30, 2023 | 9.01% |
| Mar 31, 2023 | 5.05% |
| Dec 31, 2022 | 3.89% |
| Sep 30, 2022 | 7.04% |
| Jun 30, 2022 | 7.52% |
| Mar 31, 2022 | 9.60% |
| Dec 31, 2021 | 3.07% |
| Sep 30, 2021 | 11.54% |
| Jun 30, 2021 | 14.69% |