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Cricut revenue
Cricut's revenue is $712.5 million.
What is Cricut's revenue?
- Cricut's revenue growth from 2020 to 2024 is -25.7%.
- Cricut has 25 employees, and the revenue per employee ratio is $28,501,520.
- Cricut's peak quarterly revenue was $387.8M in 2021(q4).
- Cricut annual revenue for 2023 was 765.1M, -13.67% growth from 2022.
- Cricut annual revenue for 2024 was 712.5M, -6.88% growth from 2023.
- Cricut peak revenue was $1.3B in 2021.
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Cricut historical revenue
Cricut's peak revenue was $1.3B in 2021. The peak quarterly revenue was $387.8M in 2021(q4).
Cricut's revenue increased from $959.0m in 2020 to $712.5M currently. That's a -25.7% change in annual revenue.
Cricut annual revenue
Cricut annual revenue over time
| Fiscal year / year | Cricut revenue |
|---|---|
| 2020 | $959.0M |
| 2021 | $1.3B |
| 2022 | $886.3M |
| 2023 | $765.1M |
| 2024 | $712.5M |
How accurately did Cricut's revenue projections match actual performance?
Cricut annual growth
Cricut saw the greatest revenue growth in 2021, when revenue increased by 36.2%.
Cricut had the lowest revenue growth in 2022, when revenue changed by -32.15%.
Cricut annual growth rate over time
| Year | Cricut growth |
|---|---|
| 2021 | 36%↑ |
| 2022 | -32%↓ |
| 2023 | -14%↓ |
| 2024 | -7%↓ |
Cricut quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Cricut quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2020 | - | - | - | $371.0M |
| 2021 | $323.8M | $334.5M | $260.1M | $387.8M |
| 2022 | $244.8M | $183.8M | $177.0M | $280.8M |
| 2023 | $181.2M | $177.8M | $174.9M | $231.2M |
| 2024 | $167.4M | $167.9M | $167.9M | $209.3M |
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Did Cricut meet its revenue projections?
Cricut financial information
| CEO | Ashish Arora |
| Industry | Consumer Durables & Apparel |
| Company Type | Public |
| Employees Number | 25 |
| Date Founded | 1969 |
| Headquarters | South Jordan, Utah |
| Number of Locations | 9 |
| Revenue | $712.5M |
| Net Income | $60,666,000 |
| Gross Proft | $352.8M (2024) |
| Tax Rate | 0.3% |
| Total Assets | $949,627,000 |
| Ticker | CRCT |
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Cricut competitors
Cricut's top competitor, Square, earned an annual revenue of $24.1B.
Cricut's smallest competitor is Veritec Solutions with revenue of $438.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| 247 Customer.com | $87,636 | $1.7B | 15,000 | 2 |
| Charter Corp. | $37,801 | $2.2B | 12,313 | - |
| Microdyne Corporation | $36,883 | $270.0M | 1,045 | - |
| Quest Software | $67,808 | $857.4M | 3,850 | - |
| VTech | $62,759 | $1.9B | 30,000 | 763 |
| Square | $119,615 | $24.1B | 3,835 | 7 |
| Universal Electronics | $46,521 | $394.9M | 3,945 | 2 |
| Other World Computing | $82,140 | $35.7M | 50 | 3 |
| Bulk TV & Internet | $76,716 | $6.2M | 100 | - |
| SkyGolf | $57,289 | $37.3M | 200 | - |
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Zippia gives an in-depth look into the details of Cricut, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cricut. The employee data is based on information from people who have self-reported their past or current employments at Cricut. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Cricut. The data presented on this page does not represent the view of Cricut and its employees or that of Zippia.
Cricut may also be known as or be related to Cricut, Cricut, Inc., Provo Craft & Novelty Inc and Provo Craft and Novelty Inc.