Cricut (CRCT) Operating Leases (2021 - 2026)

Cricut has reported Operating Leases for 6 years, with the latest figure at $10.7 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 26.28% year-over-year to $10.7 million; the trailing twelve-month figure through Mar 2026 stood at $10.7 million (down 26.28% YoY), and the FY2025 full-year result was $8.0 million, down 29.11% from the prior year.
• Operating Leases for Q1 2026 stood at $10.7 million, up from $8.0 million in the prior quarter.
• The five-year high for Operating Leases was $20.6 million in Q3 2022, with the low at $6.9 million in Q2 2024.
• Historically, Operating Leases has averaged $12.7 million across 5 years, with a median of $12.6 million in 2023.
• Annual changes were most pronounced in 2024 — Operating Leases tumbled 58.61% — and 2025, when it jumped 42.58%.
• Cricut's Operating Leases stood at $13.9 million in 2022, then tumbled by 35.86% to $8.9 million in 2023, then increased by 26.54% to $11.3 million in 2024, then fell by 29.11% to $8.0 million in 2025, then soared by 33.39% to $10.7 million in 2026.
• The last three Operating Leases figures came in at $10.7 million (Q1 2026), $8.0 million (Q4 2025), and $8.9 million (Q3 2025), per Business Quant data.