Cricut (CRCT) Tax Rate (2020 - 2026)

Cricut has reported Tax Rate for 7 years, with the latest figure at 19.0% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 767.0% year-over-year to 19.0%; the trailing twelve-month figure through Mar 2026 stood at 27.13% (down 90.0% YoY), and the FY2025 full-year result was 28.91%, down 40.0% from the prior year.
• Tax Rate for Q1 2026 stood at 19.0%, down from 50.68% in the prior quarter.
• The five-year high for Tax Rate was 50.68% in Q4 2025, with the low at 13.58% in Q4 2022.
• Historically, Tax Rate has averaged 28.58% across 5 years, with a median of 28.81% in 2023.
• Annual changes were most pronounced in 2022 — Tax Rate slumped 4020 bps — and 2023, when it soared 2534 bps.
• Cricut's Tax Rate stood at 13.58% in 2022, then soared by 187 bps to 38.93% in 2023, then retreated by 27 bps to 28.3% in 2024, then jumped by 79 bps to 50.68% in 2025, then plunged by 63 bps to 19.0% in 2026.
• The last three Tax Rate figures came in at 19.0% (Q1 2026), 50.68% (Q4 2025), and 19.9% (Q3 2025), per Business Quant data.