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 | 280.00 Bn | 268.42 Bn | 7.78 Bn | 4.13 Bn |
| 2 | Arista Networks | 236.48 Bn | 223.14 Bn | 1.91 Bn | 532.30 Mn |
| 3 | Sandisk | 219.05 Bn | 214.29 Bn | 7.58 Bn | 545.00 Mn |
| 4 | Seagate Technology Holdings | 173.77 Bn | 172.06 Bn | 1.90 Bn | 2.07 Bn |
| 5 | Western Digital | 148.61 Bn | 145.37 Bn | 1.68 Bn | 486.00 Mn |
| 6 | Everpure | 33.29 Bn | 31.79 Bn | 723.33 Mn | 703.39 Mn |
| 7 | Hp | 26.26 Bn | 22.56 Bn | 3.02 Bn | 2.40 Bn |
| 8 | Super Micro Computer | 21.11 Bn | 19.82 Bn | 1.02 Bn | 392.81 Mn |
| 9 | Logitech International | 13.96 Bn | 12.21 Bn | 607.94 Mn | 349.39 Mn |
| 10 | Cricut | 1.18 Bn | 896.76 Mn | 116.41 Mn | 68.99 Mn |
Historic Data
Download 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 |