Cricut (CRCT) Tax Provisions (2020 - 2026)
Cricut's (CRCT) quarterly Tax Provisions came in at $4.8 million in Q1 2026, down 45.21% YoY from $8.7 million in Q1 2025, and down 40.46% on a QoQ basis from $8.0 million in Q4 2025.
Cricut (CRCT) Tax Provisions (2020 - 2026) Analysis & Trends
Cricut (CRCT) has 7 years of Tax Provisions data on file, last reported at $4.8 million in Q1 2026.
- Quarterly Tax Provisions fell 45.21% year-over-year to $4.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $27.3 million (up 4.49% YoY) and the FY2025 annual result came in at $31.2 million, up 19.74% from the prior year.
- Tax Provisions slipped to $4.8 million in Q1 2026, from $8.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $10.0 million in Q2 2024 to a low of $1.7 million in Q4 2022.
- A 5-year average of $6.4 million and a median of $6.9 million in 2023 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions sank 87.66% — and 2023, when it surged 316.73%.
- Tracing CRCT's Tax Provisions over 5 years: stood at $1.7 million in 2022, then surged by 316.73% to $7.1 million in 2023, then sank by 33.58% to $4.7 million in 2024, then surged by 68.67% 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn | 510.00 Mn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 248.50 Mn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 492.00 Mn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 116.00 Mn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 154.00 Mn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 9.79 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 43.00 Mn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 126.89 Mn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 39.90 Mn |
| 10 | Cricut | 1.01 Bn | 749.58 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 | 5.12 Mn |
| Jun 30, 2025 | 9.40 Mn |
| Mar 31, 2025 | 8.70 Mn |
| Dec 31, 2024 | 4.75 Mn |
| Sep 30, 2024 | 2.67 Mn |
| Jun 30, 2024 | 10.00 Mn |
| Mar 31, 2024 | 8.64 Mn |
| Dec 31, 2023 | 7.15 Mn |
| Sep 30, 2023 | 8.29 Mn |
| Jun 30, 2023 | 6.90 Mn |
| Mar 31, 2023 | 3.70 Mn |
| Dec 31, 2022 | 1.72 Mn |
| Sep 30, 2022 | 5.21 Mn |
| Jun 30, 2022 | 6.50 Mn |
| Mar 31, 2022 | 7.86 Mn |
| Dec 31, 2021 | 13.90 Mn |
| Sep 30, 2021 | 7.80 Mn |
| Jun 30, 2021 | 15.00 Mn |