Cricut (CRCT) Operating Expenses (2020 - 2026)
Cricut (CRCT) posted Operating Expenses of $69.8 million for Q1 2026, down 15.39% quarter-over-quarter from $82.5 million in Q4 2025, and up 1.17% year-on-year from $69.0 million in Q1 2025.
Cricut (CRCT) Operating Expenses (2020 - 2026) Analysis & Trends
Cricut (CRCT) has reported Operating Expenses for 7 consecutive years, with $69.8 million the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $69.8 million, up 1.17% year-over-year; the trailing twelve-month figure through Mar 2026 was $295.2 million (up 5.7% YoY), and the FY2025 annual result was $294.4 million, up 6.4% from the prior year.
- Operating Expenses was $69.8 million for Q1 2026 at Cricut, down from $82.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $82.5 million in Q4 2025 and troughed at $58.2 million in Q3 2023.
- Average Operating Expenses over 5 years is $69.7 million, with a median of $68.4 million recorded in 2023.
- Year-over-year, Operating Expenses increased 21.59% in 2022 and slipped 9.57% in 2023.
- Over 5 years, Operating Expenses stood at $72.5 million in 2022, then rose by 11.04% to $80.5 million in 2023, then dropped by 0.5% to $80.1 million in 2024, then climbed by 2.99% to $82.5 million in 2025, then fell by 15.39% to $69.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $69.8 million in Q1 2026, $82.5 million in Q4 2025, and $71.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 551.00 Mn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 4.13 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 519.00 Mn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 486.00 Mn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 2.11 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 703.39 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 2.40 Bn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 392.81 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 347.49 Mn |
| 10 | Cricut | 936.83 Mn | 681.16 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 |