Cricut (CRCT) Tax Provisions (2020 - 2026)
Cricut's (CRCT) quarterly Tax Provisions came in at $11.3 million in Q2 2026, up 20.21% on a YoY basis from $9.4 million in Q2 2025, and up 135.42% quarter-over-quarter from $4.8 million in Q1 2026.
Analysis
Cricut (CRCT) Tax Provisions (2020 - 2026) Analysis & Trends
Cricut (CRCT) has reported Tax Provisions for 7 consecutive years, with $11.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 20.21% year-over-year to $11.3 million; the trailing twelve-month figure through Jun 2026 stood at $29.2 million (up 14.47% YoY), and the FY2025 full-year result was $31.2 million, up 19.74% from the prior year.
- Tax Provisions improved to $11.3 million in Q2 2026 per CRCT's latest filing, from $4.8 million in the prior quarter.
- Across five years, Tax Provisions topped out at $11.3 million in Q2 2026 and bottomed at $1.7 million in Q4 2022.
- Historically, Tax Provisions has averaged $6.7 million across 5 years, with a median of $7.0 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions plunged 87.64% in 2022, then soared 316.73% in 2023.
- Over 5 years, Tax Provisions stood at $1.7 million in 2022, then jumped by 316.73% to $7.1 million in 2023, then slumped by 34.14% to $4.7 million in 2024, then surged by 69.7% to $8.0 million in 2025, then soared by 41.46% to $11.3 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $11.3 million, $4.8 million, and $8.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sonos | 1.84 Bn | 1.58 Bn | 189.31 Mn | 4.45 Mn |
| 2 | Corsair Gaming | 1.45 Bn | 1.27 Bn | 104.29 Mn | -30,000.00 |
| 3 | Cricut | 1.18 Bn | 894.58 Mn | 116.41 Mn | 11.30 Mn |
| 4 | Turtle Beach | 227.10 Mn | 207.53 Mn | 21.86 Mn | 521,000.00 |
| 5 | GoPro | 215.05 Mn | 187.79 Mn | 31.66 Mn | 800,000.00 |
| 6 | Owlet | 136.58 Mn | 100.03 Mn | 21.82 Mn | 10,000.00 |
| 7 | AMC Robotics | 75.71 Mn | 71.17 Mn | 750,607.00 | -1,655.00 |
| 8 | Ispire Technology | 75.66 Mn | 55.86 Mn | 1.69 Mn | -7.50 Mn |
| 9 | Axil Brands | 41.28 Mn | 36.82 Mn | 6.22 Mn | 246,850.00 |
| 10 | Koss | 33.98 Mn | 14.16 Mn | 1.99 Mn | -87,265.00 |
Historic Data
Download Data
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 |