Cricut (CRCT) Tax Rate (2020 - 2026)

Cricut (CRCT) has reported Tax Rate for 7 consecutive years, with 19.0% the latest figure, recorded in Q1 2026.

• Tax Rate for Q1 2026 came in at 19.0%, down 767.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.13% (down 90.0% YoY), and the FY2025 annual result was 28.91%, down 40.0% from the prior year.
• Tax Rate was 19.0% for Q1 2026 at Cricut, down from 50.68% in the prior quarter.
• Over five years, Tax Rate peaked at 50.68% in Q4 2025 and troughed at 13.58% in Q4 2022.
• Average Tax Rate over 5 years is 28.58%, with a median of 28.81% recorded in 2023.
• Year-over-year, Tax Rate plunged 4020 bps in 2022 and surged 2534 bps in 2023.
• Over 5 years, Tax Rate stood at 13.58% in 2022, then soared by 187 bps to 38.93% in 2023, then dropped by 27 bps to 28.3% in 2024, then jumped by 79 bps to 50.68% in 2025, then tumbled by 63 bps to 19.0% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 19.0% in Q1 2026, 50.68% in Q4 2025, and 19.9% in Q3 2025.