Cricut (CRCT) Research & Development (2020 - 2026)
Cricut's Research & Development was $16.86 million in Q2 2026, up 0.6% from $16.76 million a year earlier and up 1.5% from the prior quarter.
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Analysis
Cricut (CRCT) Research & Development (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cricut's Research & Development was $67.56 million through Jun 30, 2026, up 6.1% year-over-year; for FY2025, it was $66.52 million, up 10.1% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 11.3% (FY2020 to FY2025).
- In earlier years, Research & Development was $60.4 million in FY2024 (-7.1%), $65.05 million in FY2023 (-15.4%), $76.91 million in FY2022 (-3.6%) and $79.81 million in FY2021 (+105.0%).
- Quarterly Research & Development has moved between $14.32 million (Q2 2024) and $22.98 million (Q4 2021) over five years.
- Compared with a year earlier, Research & Development has increased for seven straight quarters, with growth averaging 6.3% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was Q4 2021 (growth of 106.2%); the worst was Q4 2022 (a decline of 23.5%).
- Per Business Quant data, CRCT's Research & Development in the three quarters before Q2 2026 was $16.6 million (Q1 2026), $17.24 million (Q4 2025) and $16.87 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 27.17 Bn | 24.84 Bn | 860.34 Mn | 109.33 Mn |
| 2 | Somnigroup International | 13.21 Bn | 12.75 Bn | 817.20 Mn | - |
| 3 | Hni | 3.43 Bn | 3.00 Bn | 647.20 Mn | - |
| 4 | Newell Brands | 2.39 Bn | 1.55 Bn | 812.00 Mn | - |
| 5 | Sonos | 2.10 Bn | 1.00 Bn | 189.31 Mn | 67.88 Mn |
| 6 | Whirlpool | 1.88 Bn | -1.59 Bn | 442.00 Mn | - |
| 7 | Millerknoll | 1.47 Bn | 770.40 Mn | 385.30 Mn | 25.00 Mn |
| 8 | Corsair Gaming | 1.43 Bn | 960.08 Mn | 104.29 Mn | 15.45 Mn |
| 9 | Arhaus | 1.36 Bn | 441.10 Mn | 172.07 Mn | - |
| 10 | Cricut | 1.36 Bn | 332.28 Mn | 116.41 Mn | 16.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.86 Mn |
| Mar 31, 2026 | 16.60 Mn |
| Dec 31, 2025 | 17.24 Mn |
| Sep 30, 2025 | 16.87 Mn |
| Jun 30, 2025 | 16.76 Mn |
| Mar 31, 2025 | 15.66 Mn |
| Dec 31, 2024 | 15.99 Mn |
| Sep 30, 2024 | 15.24 Mn |
| Jun 30, 2024 | 14.32 Mn |
| Mar 31, 2024 | 14.85 Mn |
| Dec 31, 2023 | 14.99 Mn |
| Sep 30, 2023 | 15.91 Mn |
| Jun 30, 2023 | 16.35 Mn |
| Mar 31, 2023 | 17.80 Mn |
| Dec 31, 2022 | 17.58 Mn |
| Sep 30, 2022 | 18.75 Mn |
| Jun 30, 2022 | 20.06 Mn |
| Mar 31, 2022 | 20.53 Mn |
| Dec 31, 2021 | 22.98 Mn |
| Sep 30, 2021 | 20.53 Mn |
API Access
Cricut Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=CRCT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CRCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=CRCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();