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

Cricut (CRCT) has 7 years of Research & Development data on file, last reported at $16.6 million in Q1 2026.

• Quarterly Research & Development fell 54.74% year-over-year to $16.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $179.5 million (up 66.37% YoY) and the FY2025 annual result came in at $159.4 million, up 11.25% from the prior year.
• Research & Development eased to $16.6 million in Q1 2026, from $110.1 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $110.1 million in Q4 2025 to a low of $14.3 million in Q2 2024.
• A 5-year average of $30.8 million and a median of $18.7 million in 2022 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2023 — Research & Development slumped 78.9% — and 2024, when it soared 177.71%.
• Tracing CRCT's Research & Development over 5 years: stood at $71.0 million in 2022, then tumbled by 78.9% to $15.0 million in 2023, then surged by 177.71% to $41.6 million in 2024, then surged by 164.53% to $110.1 million in 2025, then plunged by 84.92% to $16.6 million in 2026.
• The last three Research & Development figures came in at $16.6 million (Q1 2026), $110.1 million (Q4 2025), and $16.9 million (Q3 2025), per Business Quant data.