Cricut (CRCT) Operating Income (2020 - 2026)
Cricut (CRCT) reported Operating Income of $22.9 million for Q1 2026, down 22.0% on a YoY basis from $29.3 million in Q1 2025, and up 64.22% quarter-over-quarter from $13.9 million in Q4 2025.
Cricut (CRCT) Operating Income (2020 - 2026) Analysis & Trends
Cricut has reported Operating Income for 7 years, with the latest figure at $22.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 22.0% year-over-year to $22.9 million; the trailing twelve-month figure through Mar 2026 stood at $89.6 million (up 11.63% YoY), and the FY2025 full-year result was $96.0 million, up 26.18% from the prior year.
- Operating Income for Q1 2026 stood at $22.9 million, up from $13.9 million in the prior quarter.
- The five-year high for Operating Income was $31.4 million in Q1 2022, with the low at $10.5 million in Q1 2023.
- Historically, Operating Income has averaged $20.3 million across 5 years, with a median of $20.0 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Income sank 68.78% — and 2024, when it surged 139.39%.
- Cricut's Operating Income stood at $11.1 million in 2022, then jumped by 48.87% to $16.5 million in 2023, then retreated by 15.99% to $13.9 million in 2024, then climbed by 0.43% to $13.9 million in 2025, then soared by 64.22% to $22.9 million in 2026.
- The last three Operating Income figures came in at $22.9 million (Q1 2026), $13.9 million (Q4 2025), and $22.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 3.09 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 4.11 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 1.16 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 998.00 Mn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 1.19 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 625.87 Mn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 87.20 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 612.00 Mn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -271.51 Mn |
| 10 | Cricut | 871.57 Mn | 615.90 Mn | 92.70 Mn | 22.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.89 Mn |
| Dec 31, 2025 | 13.94 Mn |
| Sep 30, 2025 | 22.65 Mn |
| Jun 30, 2025 | 30.11 Mn |
| Mar 31, 2025 | 29.34 Mn |
| Dec 31, 2024 | 13.88 Mn |
| Sep 30, 2024 | 10.60 Mn |
| Jun 30, 2024 | 26.43 Mn |
| Mar 31, 2024 | 25.21 Mn |
| Dec 31, 2023 | 16.52 Mn |
| Sep 30, 2023 | 23.69 Mn |
| Jun 30, 2023 | 19.25 Mn |
| Mar 31, 2023 | 10.53 Mn |
| Dec 31, 2022 | 11.10 Mn |
| Sep 30, 2022 | 17.42 Mn |
| Jun 30, 2022 | 20.03 Mn |
| Mar 31, 2022 | 31.41 Mn |
| Dec 31, 2021 | 25.84 Mn |
| Sep 30, 2021 | 37.75 Mn |
| Jun 30, 2021 | 64.15 Mn |