Cricut (CRCT) Operating Expenses (2020 - 2026)
Cricut's (CRCT) quarterly Operating Expenses came in at $69.8 million in Q1 2026, up 1.17% YoY from $69.0 million in Q1 2025, and down 15.39% on a QoQ basis from $82.5 million in Q4 2025.
Cricut (CRCT) Operating Expenses (2020 - 2026) Analysis & Trends
Cricut (CRCT) has 7 years of Operating Expenses data on file, last reported at $69.8 million in Q1 2026.
- Quarterly Operating Expenses rose 1.17% year-over-year to $69.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $295.2 million (up 5.7% YoY) and the FY2025 annual result came in at $294.4 million, up 6.4% from the prior year.
- Operating Expenses eased to $69.8 million in Q1 2026, from $82.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $82.5 million in Q4 2025 to a low of $58.2 million in Q3 2023.
- A 5-year average of $69.7 million and a median of $68.4 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses climbed 21.59% — and 2023, when it retreated 9.57%.
- Tracing CRCT's Operating Expenses over 5 years: 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 | 279.74 Bn | 268.16 Bn | 7.78 Bn | 4.13 Bn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 519.00 Mn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 551.00 Mn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 2.11 Bn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 486.00 Mn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 703.39 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 2.40 Bn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 392.81 Mn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 349.39 Mn |
| 10 | Cricut | 1.01 Bn | 749.58 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 |