Cricut (CRCT) Tax Provisions (2020 - 2026)

Cricut has reported Tax Provisions for 7 years, with the latest figure at $4.8 million in Q1 2026.

• For the quarter ending Q1 2026, Tax Provisions fell 45.21% year-over-year to $4.8 million; the trailing twelve-month figure through Mar 2026 stood at $27.2 million (up 4.21% YoY), and the FY2025 full-year result was $31.2 million, up 19.74% from the prior year.
• Tax Provisions for Q1 2026 stood at $4.8 million, down from $8.0 million in the prior quarter.
• The five-year high for Tax Provisions was $10.0 million in Q2 2024, with the low at $1.7 million in Q4 2022.
• Historically, Tax Provisions has averaged $6.4 million across 5 years, with a median of $6.9 million in 2023.
• Annual changes were most pronounced in 2022 — Tax Provisions tumbled 87.64% — and 2023, when it surged 319.53%.
• Cricut's Tax Provisions stood at $1.7 million in 2022, then jumped by 319.53% to $7.2 million in 2023, then plunged by 34.58% to $4.7 million in 2024, then soared by 70.11% to $8.0 million in 2025, then plunged by 40.46% to $4.8 million in 2026.
• The last three Tax Provisions figures came in at $4.8 million (Q1 2026), $8.0 million (Q4 2025), and $5.1 million (Q3 2025), per Business Quant data.