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| Date | Value |
|---|---|
| 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% |