Cricut (CRCT) Tax Rate (2020 - 2026)
Cricut's (CRCT) quarterly Tax Rate came in at 22.46% in Q2 2026, down 532.0% on a YoY basis from 5.2% in Q2 2025, and up 17.37% quarter-over-quarter from 19.13% in Q1 2026.
Analysis
Cricut (CRCT) Tax Rate (2020 - 2026) Analysis & Trends
Cricut (CRCT) has reported Tax Rate for 7 consecutive years, with 22.46% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 532.0% year-over-year to 22.46%; the trailing twelve-month figure through Jun 2026 stood at 25.0% (down 123.0% YoY), and the FY2025 full-year result was 28.91%, down 40.0% from the prior year.
- Tax Rate improved to 22.46% in Q2 2026 per CRCT's latest filing, from 19.13% in the prior quarter.
- Across five years, Tax Rate topped out at 50.56% in Q4 2025 and bottomed at 13.58% in Q4 2022.
- Historically, Tax Rate has averaged 28.28% across 5 years, with a median of 28.73% in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Rate sank 4014 bps in 2022, then soared 2508 bps in 2023.
- Over 5 years, Tax Rate stood at 13.58% in 2022, then jumped by 185 bps to 38.67% in 2023, then declined by 27 bps to 28.3% in 2024, then surged by 79 bps to 50.56% in 2025, then slumped by 56 bps to 22.46% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 22.46%, 19.13%, and 50.56% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sonos | 1.84 Bn | 1.58 Bn | 189.31 Mn | 12.97% |
| 2 | Corsair Gaming | 1.45 Bn | 1.27 Bn | 104.29 Mn | -0.33% |
| 3 | Cricut | 1.18 Bn | 894.58 Mn | 116.41 Mn | 22.46% |
| 4 | Turtle Beach | 227.10 Mn | 207.53 Mn | 21.86 Mn | -7.67% |
| 5 | GoPro | 215.05 Mn | 187.79 Mn | 31.66 Mn | -1.59% |
| 6 | Owlet | 136.58 Mn | 100.03 Mn | 21.82 Mn | -1.64% |
| 7 | AMC Robotics | 75.71 Mn | 71.17 Mn | 750,607.00 | 0.93% |
| 8 | Ispire Technology | 75.66 Mn | 55.86 Mn | 1.69 Mn | 55.81% |
| 9 | Axil Brands | 41.28 Mn | 36.82 Mn | 6.22 Mn | 16.62% |
| 10 | Koss | 33.98 Mn | 14.16 Mn | 1.99 Mn | -18.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.46% |
| Mar 31, 2026 | 19.13% |
| Dec 31, 2025 | 50.56% |
| Sep 30, 2025 | 19.97% |
| Jun 30, 2025 | 27.78% |
| Mar 31, 2025 | 26.69% |
| Dec 31, 2024 | 28.30% |
| Sep 30, 2024 | 19.07% |
| Jun 30, 2024 | 33.64% |
| Mar 31, 2024 | 30.55% |
| Dec 31, 2023 | 38.67% |
| Sep 30, 2023 | 32.53% |
| Jun 30, 2023 | 30.15% |
| Mar 31, 2023 | 29.16% |
| Dec 31, 2022 | 13.58% |
| Sep 30, 2022 | 29.52% |
| Jun 30, 2022 | 32.06% |
| Mar 31, 2022 | 25.18% |
| Dec 31, 2021 | 53.73% |
| Sep 30, 2021 | 20.65% |