Cricut annual gross margin
2019
2020
2021
2022
2023
2024
2025
Cricut Gross Margin Growth & History (CRCT)
Cricut's gross margin was 55.08% for fiscal 2025.
View full Cricut company overviewCricut annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 55.08% | +5.57 pp |
| 2024 | 2024-12-31 | 49.51% | +4.65 pp |
| 2023 | 2023-12-31 | 44.87% | +5.39 pp |
| 2022 | 2022-12-31 | 39.48% | +4.46 pp |
| 2021 | 2021-12-31 | 35.02% | +0.36 pp |
| 2020 | 2020-12-31 | 34.66% | +5.40 pp |
| 2019 | 2019-12-31 | 29.26% | — |
Cricut quarterly gross margin
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 74.48% | +15.49 pp |
| Q1 2026 | 2026-03-31 | 58.13% | −2.34 pp |
| Q4 2025 | 2025-12-31 | 47.37% | +2.47 pp |
| Q3 2025 | 2025-09-30 | 55.21% | +9.13 pp |
| Q2 2025 | 2025-06-30 | 59.00% | +5.50 pp |
| Q1 2025 | 2025-03-31 | 60.47% | +5.75 pp |
| Q4 2024 | 2024-12-31 | 44.91% | +2.94 pp |
| Q3 2024 | 2024-09-30 | 46.08% | −0.76 pp |
| Q2 2024 | 2024-06-30 | 53.49% | +4.18 pp |
| Q1 2024 | 2024-03-31 | 54.72% | +12.41 pp |
| Q4 2023 | 2023-12-31 | 41.96% | +12.18 pp |
| Q3 2023 | 2023-09-30 | 46.84% | +0.61 pp |
| Q2 2023 | 2023-06-30 | 49.31% | +2.82 pp |
| Q1 2023 | 2023-03-31 | 42.30% | +1.85 pp |
| Q4 2022 | 2022-12-31 | 29.78% | +2.75 pp |
| Q3 2022 | 2022-09-30 | 46.23% | +6.99 pp |
| Q2 2022 | 2022-06-30 | 46.49% | +7.54 pp |
| Q1 2022 | 2022-03-31 | 40.45% | +3.31 pp |
| Q4 2021 | 2021-12-31 | 27.03% | −6.60 pp |
| Q3 2021 | 2021-09-30 | 39.24% | −3.60 pp |
| Q2 2021 | 2021-06-30 | 38.95% | +7.80 pp |
| Q1 2021 | 2021-03-31 | 37.14% | +5.99 pp |
| Q4 2020 | 2020-12-31 | 33.63% | — |
| Q3 2020 | 2020-09-30 | 42.85% | — |
| Q2 2020 | 2020-06-30 | 31.15% | — |
| Q1 2020 | 2020-03-31 | 31.15% | — |
Cricut gross margin trends
Over the last five reported fiscal years, Cricut's gross margin increased from 34.66% to 55.08%, a change of +20.43 percentage points. The latest reported quarter, Q2 2026, shows 74.48%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cricut filings at SEC.gov ↗