10x Insights
Loading account…
Companies / Industrials / Cricut, Inc.
CRCT

Cricut, Inc.

IndustrialsIndustrial Machinery
Ticker CRCTSOUTH JORDAN, UTFiscal year ends DecemberBook value per share $1.74Diluted shares 212.0M

Cricut, Inc. (NASDAQ: CRIT) operates a vertically integrated creativity platform designed to help users turn ideas into personalized DIY goods. The company's website is located at Cricut.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$708.78M
−0.5% year over year
Last 12 mo $689.79M
13.55%
+2.9 percentage points
Last 12 mo 15.50%
$76.70M
+22.1% year over year
Last 12 mo $87.67M
22.33%
+8.9 percentage points
Last 12 mo 23.81%
Cash & financing
$200.23M
−24.4% year over year
Last 12 mo $180.11M
$175.81M
−28.7% year over year
Last 12 mo $147.65M
—
217.3M
+0.8% year over year
Last 12 mo 212.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Cricut, Inc. does

In the company’s own words

Cricut, Inc. (NASDAQ: CRIT) operates a vertically integrated creativity platform designed to help users turn ideas into personalized DIY goods. The company's website is located at Cricut.com.

The company's core business centers on connected cutting machines, cloud-based design software, digital content, accessories, and materials that work seamlessly together. Cricut's product portfolio includes the Joy, Explore, Maker, and Venture machine families, each offering different capabilities and price points for uses ranging from everyday projects like greeting cards to professional-level applications including personalized apparel and home décor. The machines cut, write, score, and create decorative effects on materials including paper, vinyl, leather, and wood.

Cricut Design Space, the company's cloud-based design application, serves as the central hub of its platform. The software aggregates billions of data points from user interactions to provide insights into preferences and behaviors. Users access free content or subscribe to Cricut Access, which provides access to over 1.6 million images, thousands of templates, ready-to-make projects, and over one thousand fonts. As of December 31, 2025, the company had just over 3.09 million paid subscribers and nearly 5.9 million active users who cut on connected machines within the past year.

The company generates revenue through multiple channels: connected machines, subscriptions, accessories, and materials sold through brick-and-mortar retailers, online partners including Amazon, Best Buy, Costco, Michaels, Target, and Walmart, and direct-to-consumer sales on Cricut.com. In 2025, approximately 31 percent of revenue came from brick-and-mortar sales and 69 percent from online channels.

Cricut operates with over 700 employees across 29 states and 25 countries as of December 31, 2025. The company outsources manufacturing to contract manufacturers primarily in Malaysia, China, Thailand, and South Korea, and engages third-party logistics partners for warehousing and fulfillment. The company maintains proprietary technology including servo motor systems, heat plate technology, and cloud-based architecture that enable its platform's functionality and scalability.

Company details
Sector
Industrials
Industry
Industrial Machinery
Headquarters
SOUTH JORDAN, UT
Fiscal year end
December
CIK
1828962
SIC
3559

Financial performance, year by year

Fiscal 2021–2025 · USD
$-130.62M$261.25M$653.11M$1.04B$1.44B20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Cricut, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

165
funds hold it
0 of 35
superinvestors hold it
$60.41M
held by funds, at market
6.7%
of shares held by funds

Largest fund holders · Cricut, Inc.’s weight in each

Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.03%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Cricut, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Cricut, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Cricut, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.