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

Cricut (CRCT) has reported Research & Development for 7 consecutive years, with $38.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Research & Development rose 5.91% year-over-year to $38.0 million; the trailing twelve-month figure through Jun 2026 stood at $161.2 million (up 7.83% YoY), and the FY2025 full-year result was $159.4 million, up 11.25% from the prior year.
• Research & Development rose to $38.0 million in Q2 2026 per CRCT's latest filing, from $36.3 million in the prior quarter.
• Across five years, Research & Development topped out at $49.4 million in Q4 2025 and bottomed at $28.4 million in Q3 2023.
• Historically, Research & Development has averaged $35.0 million across 5 years, with a median of $35.5 million in 2023.
• The sharpest annual moves came in 2022 and 2024: Research & Development dropped 14.47% in 2022, then climbed 24.33% in 2024.
• Over 5 years, Research & Development stood at $36.9 million in 2022, then fell by 3.08% to $35.8 million in 2023, then gained by 16.38% to $41.6 million in 2024, then rose by 18.62% to $49.4 million in 2025, then declined by 23.06% to $38.0 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $38.0 million, $36.3 million, and $49.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.