Cricut (CRCT) Tax Provisions (2020 - 2026)
Cricut (CRCT) reported Tax Provisions of $11.3 million for Q2 2026, up 20.2% from $9.4 million a year earlier and up 135.4% from the prior quarter.
Cricut (CRCT) Tax Provisions (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cricut's Tax Provisions came in at $29.21 million, up 14.5% year-over-year; for FY2025, it was $31.19 million, up 19.7% from FY2024.
- Tax Provisions has a five-year compound annual growth rate of -6.9% (FY2020 to FY2025).
- By year, Tax Provisions came in at $26.05 million in FY2024 (-0.4%), $26.15 million in FY2023 (+22.7%), $21.32 million in FY2022 (-58.9%) and $51.9 million in FY2021 (+16.3%).
- The Q2 2026 figure ranks as the highest quarterly Tax Provisions since Q4 2021.
- Year over year, Tax Provisions gained in four of the last eight quarters, with growth averaging 3.4%.
- The high point for year-over-year Tax Provisions in five years was Q4 2023 (growth of 316.7%); the low point was Q4 2022 (a decline of 87.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $4.8 million (Q1 2026), $7.99 million (Q4 2025) and $5.12 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 27.17 Bn | 24.84 Bn | 860.34 Mn | 33.90 Mn |
| 2 | Somnigroup International | 13.21 Bn | 12.75 Bn | 817.20 Mn | 37.20 Mn |
| 3 | Hni | 3.43 Bn | 3.00 Bn | 647.20 Mn | 20.10 Mn |
| 4 | Newell Brands | 2.39 Bn | 1.55 Bn | 812.00 Mn | 89.00 Mn |
| 5 | Sonos | 2.10 Bn | 1.00 Bn | 189.31 Mn | 4.45 Mn |
| 6 | Whirlpool | 1.88 Bn | -1.59 Bn | 442.00 Mn | 3.00 Mn |
| 7 | Millerknoll | 1.47 Bn | 770.40 Mn | 385.30 Mn | 7.60 Mn |
| 8 | Corsair Gaming | 1.43 Bn | 960.08 Mn | 104.29 Mn | -30,000.00 |
| 9 | Arhaus | 1.36 Bn | 441.10 Mn | 172.07 Mn | 15.73 Mn |
| 10 | Cricut | 1.36 Bn | 332.28 Mn | 116.41 Mn | 11.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.30 Mn |
| Mar 31, 2026 | 4.80 Mn |
| Dec 31, 2025 | 7.99 Mn |
| Sep 30, 2025 | 5.12 Mn |
| Jun 30, 2025 | 9.40 Mn |
| Mar 31, 2025 | 8.71 Mn |
| Dec 31, 2024 | 4.71 Mn |
| Sep 30, 2024 | 2.70 Mn |
| Jun 30, 2024 | 10.02 Mn |
| Mar 31, 2024 | 8.64 Mn |
| Dec 31, 2023 | 7.15 Mn |
| Sep 30, 2023 | 8.30 Mn |
| Jun 30, 2023 | 6.92 Mn |
| Mar 31, 2023 | 3.75 Mn |
| Dec 31, 2022 | 1.72 Mn |
| Sep 30, 2022 | 5.21 Mn |
| Jun 30, 2022 | 6.52 Mn |
| Mar 31, 2022 | 7.90 Mn |
| Dec 31, 2021 | 13.88 Mn |
| Sep 30, 2021 | 7.80 Mn |
Cricut Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=CRCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "CRCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=CRCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();