Cricut (CRCT) Tax Rate (2020 - 2026)

Cricut's (CRCT) quarterly Tax Rate came in at 19.0% in Q1 2026, down 767.0% YoY from 2.85% in Q1 2025, and down 62.51% on a QoQ basis from 50.68% in Q4 2025.

Cricut (CRCT) Tax Rate (2020 - 2026) Analysis & Trends

Cricut (CRCT) has 7 years of Tax Rate data on file, last reported at 19.0% in Q1 2026.

  • Quarterly Tax Rate fell 767.0% year-over-year to 19.0% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 27.2% (down 83.0% YoY) and the FY2025 annual result came in at 28.91%, down 40.0% from the prior year.
  • Tax Rate eased to 19.0% in Q1 2026, from 50.68% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 50.68% in Q4 2025 to a low of 13.58% in Q4 2022.
  • A 5-year average of 28.58% and a median of 28.81% in 2023 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate tumbled 4024 bps — and 2023, when it surged 2508 bps.
  • Tracing CRCT's Tax Rate over 5 years: stood at 13.58% in 2022, then surged by 185 bps to 38.67% in 2023, then declined by 26 bps to 28.54% in 2024, then jumped by 78 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 19.97% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Dell Technologies 278.57 Bn 266.99 Bn 7.78 Bn 12.92%
2 Arista Networks 232.75 Bn 220.40 Bn 1.68 Bn 19.55%
3 Sandisk 190.63 Bn 186.89 Bn 4.66 Bn 11.98%
4 Seagate Technology Holdings 186.50 Bn 185.35 Bn 1.45 Bn 13.43%
5 Western Digital 184.00 Bn 180.76 Bn 1.68 Bn 4.58%
6 Everpure 26.61 Bn 25.11 Bn 723.33 Mn 28.91%
7 Hp 24.78 Bn 21.08 Bn 3.02 Bn 8.72%
8 Super Micro Computer 17.22 Bn 15.93 Bn 1.02 Bn 20.77%
9 Logitech International 16.90 Bn 15.15 Bn 607.94 Mn 14.48%
10 Cricut 1.01 Bn 749.73 Mn 92.70 Mn 19.00%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.00%
Mar 31, 2026 19.00%
Mar 31, 2026 19.00%
Dec 31, 2025 50.68%
Dec 31, 2025 50.68%
Dec 31, 2025 50.68%
Sep 30, 2025 19.97%
Sep 30, 2025 19.97%
Sep 30, 2025 19.97%
Jun 30, 2025 27.78%
Jun 30, 2025 27.78%
Jun 30, 2025 27.78%
Mar 31, 2025 26.67%
Mar 31, 2025 26.67%
Mar 31, 2025 26.67%
Dec 31, 2024 28.54%
Dec 31, 2024 28.54%
Dec 31, 2024 28.54%
Sep 30, 2024 18.88%
Sep 30, 2024 18.88%