Cricut (CRCT) Net Margin (2020 - 2026)
Cricut (CRCT) recorded Net Margin of 24.99% in Q2 2026, up 10.76 percentage points from 14.23% a year earlier and up 12.25 percentage points from the prior quarter.
Cricut (CRCT) Net Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Cricut's Net Margin came in at 12.71% as of Jun 30, 2026, up 2.62 percentage points year-over-year; for FY2025, it was 10.82%, up 2.00 percentage points from FY2024.
- Annual Net Margin has increased for three straight years, though with a five-year change of -5.30 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 8.82% in FY2024 (+1.81 pp), 7.01% in FY2023 (+0.17 pp), 6.84% in FY2022 (-3.91 pp) and 10.75% in FY2021 (-5.36 pp).
- The Q2 2026 figure is the highest quarterly Net Margin in data going back to Q1 2020.
- On a year-over-year basis, Net Margin rose in five of the last eight quarters, with an average year-over-year change of +1.92 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 10.76 percentage points in Q2 2026, against a drop of 13.49 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 12.74% (Q1 2026), 3.83% (Q4 2025) and 12.03% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 27.21 Bn | 24.88 Bn | 860.34 Mn | 7.35% |
| 2 | Somnigroup International | 13.20 Bn | 12.74 Bn | 817.20 Mn | 6.08% |
| 3 | Hni | 3.42 Bn | 2.99 Bn | 647.20 Mn | 3.47% |
| 4 | Newell Brands | 2.39 Bn | 1.55 Bn | 812.00 Mn | 5.32% |
| 5 | Sonos | 2.09 Bn | 987.86 Mn | 189.31 Mn | 7.96% |
| 6 | Whirlpool | 1.89 Bn | -1.58 Bn | 442.00 Mn | 2.13% |
| 7 | Millerknoll | 1.47 Bn | 769.70 Mn | 385.30 Mn | 2.88% |
| 8 | Corsair Gaming | 1.44 Bn | 968.13 Mn | 104.29 Mn | 2.17% |
| 9 | Cricut | 1.36 Bn | 334.37 Mn | 116.41 Mn | 24.99% |
| 10 | Arhaus | 1.35 Bn | 431.91 Mn | 172.07 Mn | 10.30% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.99% |
| Mar 31, 2026 | 12.74% |
| Dec 31, 2025 | 3.83% |
| Sep 30, 2025 | 12.03% |
| Jun 30, 2025 | 14.23% |
| Mar 31, 2025 | 14.70% |
| Dec 31, 2024 | 5.70% |
| Sep 30, 2024 | 6.84% |
| Jun 30, 2024 | 11.77% |
| Mar 31, 2024 | 11.74% |
| Dec 31, 2023 | 4.88% |
| Sep 30, 2023 | 9.85% |
| Jun 30, 2023 | 9.01% |
| Mar 31, 2023 | 5.02% |
| Dec 31, 2022 | 3.88% |
| Sep 30, 2022 | 7.03% |
| Jun 30, 2022 | 7.52% |
| Mar 31, 2022 | 9.60% |
| Dec 31, 2021 | 3.07% |
| Sep 30, 2021 | 11.54% |
Cricut Net Margin 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=net-margin&ticker=CRCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=CRCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();