Cricut (CRCT) Operating Margin (2020 - 2026)
Cricut's (CRCT) quarterly Operating Margin came in at 14.35% in Q1 2026, down 369.0% YoY from 5.34% in Q1 2025, and up 109.66% on a QoQ basis from 6.84% in Q4 2025.
Cricut (CRCT) Operating Margin (2020 - 2026) Analysis & Trends
Cricut (CRCT) has 7 years of Operating Margin data on file, last reported at 14.35% in Q1 2026.
- Quarterly Operating Margin fell 369.0% year-over-year to 14.35% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.69% (up 136.0% YoY) and the FY2025 annual result came in at 13.55%, up 287.0% from the prior year.
- Operating Margin improved to 14.35% in Q1 2026, from 6.84% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 18.04% in Q1 2025 to a low of 3.95% in Q4 2022.
- A 5-year average of 11.09% and a median of 10.9% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin plunged 828 bps — and 2024, when it soared 925 bps.
- Tracing CRCT's Operating Margin over 5 years: stood at 3.95% in 2022, then soared by 81 bps to 7.14% in 2023, then fell by 7 bps to 6.63% in 2024, then grew by 3 bps to 6.84% in 2025, then soared by 110 bps to 14.35% in 2026.
- The last three Operating Margin figures came in at 14.35% (Q1 2026), 6.84% (Q4 2025), and 13.29% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 280.00 Bn | 268.42 Bn | 7.78 Bn | 8.34% |
| 2 | Arista Networks | 236.48 Bn | 223.14 Bn | 1.91 Bn | 45.39% |
| 3 | Sandisk | 219.05 Bn | 214.29 Bn | 7.58 Bn | 78.49% |
| 4 | Seagate Technology Holdings | 173.77 Bn | 172.06 Bn | 1.90 Bn | 42.96% |
| 5 | Western Digital | 148.61 Bn | 145.37 Bn | 1.68 Bn | 35.66% |
| 6 | Everpure | 33.29 Bn | 31.79 Bn | 723.33 Mn | 1.89% |
| 7 | Hp | 26.26 Bn | 22.56 Bn | 3.02 Bn | 4.25% |
| 8 | Super Micro Computer | 21.11 Bn | 19.82 Bn | 1.02 Bn | 6.11% |
| 9 | Logitech International | 13.96 Bn | 12.21 Bn | 607.94 Mn | 21.07% |
| 10 | Cricut | 1.18 Bn | 896.76 Mn | 116.41 Mn | 30.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.34% |
| Mar 31, 2026 | 14.35% |
| Dec 31, 2025 | 6.84% |
| Sep 30, 2025 | 13.29% |
| Jun 30, 2025 | 17.49% |
| Mar 31, 2025 | 18.04% |
| Dec 31, 2024 | 6.63% |
| Sep 30, 2024 | 6.31% |
| Jun 30, 2024 | 15.74% |
| Mar 31, 2024 | 15.06% |
| Dec 31, 2023 | 7.14% |
| Sep 30, 2023 | 13.54% |
| Jun 30, 2023 | 10.83% |
| Mar 31, 2023 | 5.81% |
| Dec 31, 2022 | 3.95% |
| Sep 30, 2022 | 9.84% |
| Jun 30, 2022 | 10.90% |
| Mar 31, 2022 | 12.83% |
| Dec 31, 2021 | 6.66% |
| Sep 30, 2021 | 14.51% |