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Cricut (CRCT) Research & Development (2020 - 2026)

Cricut filings provide 6 years of Research & Development readings, the most recent being $17.2 million for Q4 2025.

  • On a quarterly basis, Research & Development rose 7.8% to $17.2 million in Q4 2025 year-over-year; TTM through Dec 2025 was $66.5 million, a 10.14% increase, with the full-year FY2025 number at $66.5 million, up 10.14% from a year prior.
  • Research & Development hit $17.2 million in Q4 2025 for Cricut, up from $16.9 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $23.0 million in Q4 2021 to a low of $14.3 million in Q2 2024.
  • Median Research & Development over the past 5 years was $16.8 million (2025), compared with a mean of $17.4 million.
  • Biggest five-year swings in Research & Development: skyrocketed 138.61% in 2021 and later decreased 23.49% in 2022.
  • Cricut's Research & Development stood at $23.0 million in 2021, then decreased by 23.49% to $17.6 million in 2022, then fell by 14.74% to $15.0 million in 2023, then rose by 6.67% to $16.0 million in 2024, then grew by 7.8% to $17.2 million in 2025.
  • The last three reported values for Research & Development were $17.2 million (Q4 2025), $16.9 million (Q3 2025), and $16.8 million (Q2 2025) per Business Quant data.