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

Cricut (CRCT) has reported Research & Development for 7 consecutive years, with $16.6 million the latest figure, recorded in Q1 2026.

• Research & Development for Q1 2026 came in at $16.6 million, up 6.04% year-over-year; the trailing twelve-month figure through Mar 2026 was $67.5 million (up 10.23% YoY), and the FY2025 annual result was $66.5 million, up 10.14% from the prior year.
• Research & Development was $16.6 million for Q1 2026 at Cricut, down from $17.2 million in the prior quarter.
• Over five years, Research & Development peaked at $20.5 million in Q1 2022 and troughed at $14.3 million in Q2 2024.
• Average Research & Development over 5 years is $16.8 million, with a median of $16.6 million recorded in 2026.
• The widest YoY moves for Research & Development: up 30.78% in 2022, down 23.49% in 2022.
• Over 5 years, Research & Development stood at $17.6 million in 2022, then dropped by 14.74% to $15.0 million in 2023, then grew by 6.67% to $16.0 million in 2024, then increased by 7.8% to $17.2 million in 2025, then declined by 3.69% to $16.6 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $16.6 million in Q1 2026, $17.2 million in Q4 2025, and $16.9 million in Q3 2025.