Cricut (CRCT) Operating Expenses (2020 - 2026)
Cricut (CRCT) reported Operating Expenses of $69.8 million for Q1 2026, up 1.17% on a YoY basis from $69.0 million in Q1 2025, and down 15.39% quarter-over-quarter from $82.5 million in Q4 2025.
Cricut (CRCT) Operating Expenses (2020 - 2026) Analysis & Trends
Cricut has reported Operating Expenses for 7 years, with the latest figure at $69.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 1.17% year-over-year to $69.8 million; the trailing twelve-month figure through Mar 2026 stood at $295.2 million (up 5.7% YoY), and the FY2025 full-year result was $294.4 million, up 6.4% from the prior year.
- Operating Expenses for Q1 2026 stood at $69.8 million, down from $82.5 million in the prior quarter.
- The five-year high for Operating Expenses was $82.5 million in Q4 2025, with the low at $58.2 million in Q3 2023.
- Historically, Operating Expenses has averaged $69.7 million across 5 years, with a median of $68.4 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses climbed 21.59% — and 2023, when it retreated 9.57%.
- Cricut's Operating Expenses stood at $72.5 million in 2022, then climbed by 11.04% to $80.5 million in 2023, then retreated by 0.5% to $80.1 million in 2024, then rose by 2.99% to $82.5 million in 2025, then slipped by 15.39% to $69.8 million in 2026.
- The last three Operating Expenses figures came in at $69.8 million (Q1 2026), $82.5 million (Q4 2025), and $71.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 3.64 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 551.00 Mn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 519.00 Mn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 2.11 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 486.00 Mn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 392.81 Mn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 652.89 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 2.40 Bn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 336.18 Mn |
| 10 | Cricut | 871.57 Mn | 615.90 Mn | 92.70 Mn | 69.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 69.81 Mn |
| Dec 31, 2025 | 82.51 Mn |
| Sep 30, 2025 | 71.45 Mn |
| Jun 30, 2025 | 71.43 Mn |
| Mar 31, 2025 | 69.01 Mn |
| Dec 31, 2024 | 80.11 Mn |
| Sep 30, 2024 | 66.77 Mn |
| Jun 30, 2024 | 63.41 Mn |
| Mar 31, 2024 | 66.39 Mn |
| Dec 31, 2023 | 80.52 Mn |
| Sep 30, 2023 | 58.25 Mn |
| Jun 30, 2023 | 68.41 Mn |
| Mar 31, 2023 | 66.14 Mn |
| Dec 31, 2022 | 72.52 Mn |
| Sep 30, 2022 | 64.41 Mn |
| Jun 30, 2022 | 65.40 Mn |
| Mar 31, 2022 | 67.61 Mn |
| Dec 31, 2021 | 78.98 Mn |
| Sep 30, 2021 | 64.32 Mn |
| Jun 30, 2021 | 66.14 Mn |