Cricut (CRCT) Operating Expenses (2020 - 2026)
Cricut's (CRCT) quarterly Operating Expenses came in at $69.0 million in Q2 2026, down 3.42% on a YoY basis from $71.4 million in Q2 2025, and down 1.18% quarter-over-quarter from $69.8 million in Q1 2026.
Analysis
Cricut (CRCT) Operating Expenses (2020 - 2026) Analysis & Trends
Cricut (CRCT) has reported Operating Expenses for 7 consecutive years, with $69.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 3.42% year-over-year to $69.0 million; the trailing twelve-month figure through Jun 2026 stood at $292.8 million (up 1.89% YoY), and the FY2025 full-year result was $294.4 million, up 6.4% from the prior year.
- Operating Expenses retreated to $69.0 million in Q2 2026 per CRCT's latest filing, from $69.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $82.5 million in Q4 2025 and bottomed at $58.2 million in Q3 2023.
- Historically, Operating Expenses has averaged $69.6 million across 5 years, with a median of $68.7 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses grew 21.59% in 2022, then decreased 9.57% in 2023.
- Over 5 years, Operating Expenses stood at $72.5 million in 2022, then increased by 11.04% to $80.5 million in 2023, then slipped by 0.5% to $80.1 million in 2024, then advanced by 2.99% to $82.5 million in 2025, then decreased by 16.39% to $69.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $69.0 million, $69.8 million, and $82.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sonos | 1.84 Bn | 1.58 Bn | 189.31 Mn | 157.78 Mn |
| 2 | Corsair Gaming | 1.45 Bn | 1.27 Bn | 104.29 Mn | 96.68 Mn |
| 3 | Cricut | 1.18 Bn | 894.58 Mn | 116.41 Mn | 68.99 Mn |
| 4 | Turtle Beach | 227.10 Mn | 207.53 Mn | 21.86 Mn | 24.91 Mn |
| 5 | GoPro | 215.05 Mn | 187.79 Mn | 31.66 Mn | 70.65 Mn |
| 6 | Owlet | 136.58 Mn | 100.03 Mn | 21.82 Mn | 20.08 Mn |
| 7 | AMC Robotics | 75.71 Mn | 71.17 Mn | 750,607.00 | 907,107.00 |
| 8 | Ispire Technology | 75.66 Mn | 55.86 Mn | 1.69 Mn | 15.22 Mn |
| 9 | Axil Brands | 41.28 Mn | 36.82 Mn | 6.22 Mn | 4.72 Mn |
| 10 | Koss | 33.98 Mn | 14.16 Mn | 1.99 Mn | 1.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.99 Mn |
| 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 |