Cricut, Inc.

CRCT · XNAS

CIK 1828962fmd_15FME81YS6RGQVCPBTWWHZF8GKManufacturing · Special Industry Machinery, NECTemplate: Standard

Coverage: Jan 01, 2019 to Sep 30, 2026, 28 periods

Income Statement · Annual · Millions · USD
Line item	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	487	959	1,306	886	765	713	709
Cost of revenue	344	627	849	536	422	360	318
Gross profit	142	332	457	350	343	353	390
Research and development	27	39	80	77	65	60	67
Selling, general and administrative	62	93	185	193	208	216	228
Total operating expenses	89	132	265	270	273	277	294
Operating income	54	201	192	80	70	76	96
Interest expense	–	–	0	0	0	0	1
Other non-operating income (expense)	(3)	(1)	(0)	2	10	13	12
Income before taxes	50	199	192	82	80	89	108
Income tax expense	11	45	52	21	26	26	31
Net income from continuing operations	39	155	140	61	54	63	77
Net income	39	155	140	61	54	63	77