Cricut (CRCT) Tax Provisions (2020 - 2026)
Cricut (CRCT) posted Tax Provisions of $4.8 million for Q1 2026, down 40.46% quarter-over-quarter from $8.0 million in Q4 2025, and down 45.21% year-on-year from $8.7 million in Q1 2025.
Cricut (CRCT) Tax Provisions (2020 - 2026) Analysis & Trends
Cricut (CRCT) has reported Tax Provisions for 7 consecutive years, with $4.8 million the latest figure, recorded in Q1 2026.
- Tax Provisions for Q1 2026 came in at $4.8 million, down 45.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $27.2 million (up 4.21% YoY), and the FY2025 annual result was $31.2 million, up 19.74% from the prior year.
- Tax Provisions was $4.8 million for Q1 2026 at Cricut, down from $8.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $10.0 million in Q2 2024 and troughed at $1.7 million in Q4 2022.
- Average Tax Provisions over 5 years is $6.4 million, with a median of $6.9 million recorded in 2023.
- Year-over-year, Tax Provisions sank 87.64% in 2022 and jumped 319.53% in 2023.
- Over 5 years, Tax Provisions stood at $1.7 million in 2022, then jumped by 319.53% to $7.2 million in 2023, then tumbled by 34.58% to $4.7 million in 2024, then soared by 70.11% to $8.0 million in 2025, then tumbled by 40.46% to $4.8 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $4.8 million in Q1 2026, $8.0 million in Q4 2025, and $5.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 492.00 Mn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 510.00 Mn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 248.50 Mn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 154.00 Mn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 116.00 Mn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 9.79 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 43.00 Mn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 126.90 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 6.39 Mn |
| 10 | Cricut | 936.83 Mn | 681.16 Mn | 92.70 Mn | 4.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.77 Mn |
| Dec 31, 2025 | 8.01 Mn |
| Sep 30, 2025 | 5.10 Mn |
| Jun 30, 2025 | 9.36 Mn |
| Mar 31, 2025 | 8.70 Mn |
| Dec 31, 2024 | 4.71 Mn |
| Sep 30, 2024 | 2.70 Mn |
| Jun 30, 2024 | 10.02 Mn |
| Mar 31, 2024 | 8.60 Mn |
| Dec 31, 2023 | 7.20 Mn |
| Sep 30, 2023 | 8.29 Mn |
| Jun 30, 2023 | 6.92 Mn |
| Mar 31, 2023 | 3.70 Mn |
| Dec 31, 2022 | 1.72 Mn |
| Sep 30, 2022 | 5.20 Mn |
| Jun 30, 2022 | 6.52 Mn |
| Mar 31, 2022 | 7.86 Mn |
| Dec 31, 2021 | 13.88 Mn |
| Sep 30, 2021 | 7.77 Mn |
| Jun 30, 2021 | 15.04 Mn |