Cricut (CRCT) Research & Development: 2020-2025
Historic Research & Development for Cricut (CRCT) over the last 6 years, with Sep 2025 value amounting to $16.9 million.
- Cricut's Research & Development rose 10.66% to $16.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $65.3 million, marking a year-over-year increase of 9.89%. This contributed to the annual value of $60.4 million for FY2024, which is 7.15% down from last year.
- According to the latest figures from Q3 2025, Cricut's Research & Development is $16.9 million, which was up 0.61% from $16.8 million recorded in Q2 2025.
- In the past 5 years, Cricut's Research & Development ranged from a high of $23.0 million in Q4 2021 and a low of $14.3 million during Q2 2024.
- For the 3-year period, Cricut's Research & Development averaged around $15.9 million, with its median value being $15.9 million (2023).
- In the last 5 years, Cricut's Research & Development surged by 138.61% in 2021 and then declined by 23.49% in 2022.
- Quarterly analysis of 5 years shows Cricut's Research & Development stood at $23.0 million in 2021, then fell by 23.49% to $17.6 million in 2022, then decreased by 14.74% to $15.0 million in 2023, then rose by 6.67% to $16.0 million in 2024, then increased by 10.66% to $16.9 million in 2025.
- Its Research & Development was $16.9 million in Q3 2025, compared to $16.8 million in Q2 2025 and $15.7 million in Q1 2025.