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

Cricut has reported Research & Development for 7 years, with the latest figure at $16.6 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 6.04% year-over-year to $16.6 million; the trailing twelve-month figure through Mar 2026 stood at $67.5 million (up 10.23% YoY), and the FY2025 full-year result was $66.5 million, up 10.14% from the prior year.
• Research & Development for Q1 2026 stood at $16.6 million, down from $17.2 million in the prior quarter.
• The five-year high for Research & Development was $20.5 million in Q1 2022, with the low at $14.3 million in Q2 2024.
• Historically, Research & Development has averaged $16.8 million across 5 years, with a median of $16.6 million in 2026.
• The largest YoY upside for Research & Development was 30.78% in 2022 against a maximum downside of 23.49% in 2022.
• Cricut's Research & Development stood at $17.6 million in 2022, then retreated by 14.74% to $15.0 million in 2023, then gained by 6.67% to $16.0 million in 2024, then advanced by 7.8% to $17.2 million in 2025, then decreased by 3.69% to $16.6 million in 2026.
• The last three Research & Development figures came in at $16.6 million (Q1 2026), $17.2 million (Q4 2025), and $16.9 million (Q3 2025), per Business Quant data.