📊 CRCT Key Takeaways
Investment Thesis
Cricut demonstrates strong operational leverage and cash generation despite flat revenue, with net income growing 22.1% YoY and exceptional free cash flow conversion (28.2% FCF margin). The company maintains fortress-like financial health with zero debt, substantial cash reserves ($256.2M), and excellent liquidity ratios, positioning it well for strategic investments or shareholder returns.
CRCT Strengths
- Outstanding cash generation with $200.2M operating cash flow and 28.2% FCF margin indicating high-quality earnings
- Significant profitability expansion with net income up 22.1% YoY despite flat revenue, demonstrating operational leverage and margin improvement
- Exceptional financial fortress: zero long-term debt, debt/equity ratio of 0.00x, current ratio of 2.26x, and $256.2M cash representing 44% of total assets
- Strong return metrics with ROE of 22.3% and ROA of 13.2%, indicating efficient capital deployment
- Healthy gross margin of 55.1% provides pricing power and product-mix flexibility
CRCT Risks
- Revenue growth stalled with -0.5% YoY decline, indicating market saturation or demand weakness in core products
- High insider trading activity (17 Form 4 filings in 90 days) warrants monitoring for potential concerns about management confidence
- Operating margin of 13.5% leaves limited cushion if revenue declines persist and company cannot maintain cost discipline
- Concentration in specialty machinery sector with potential vulnerability to consumer discretionary spending cycles
Key Metrics to Watch
- Revenue trajectory and organic growth rate in next two quarters to confirm sustainability
- Gross margin stability and any shift in product mix or pricing strategy
- Free cash flow maintenance and capital allocation decisions with substantial cash balance
CRCT Financial Metrics
💡 AI Analyst Insight
The 28.2% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 2.26x current ratio provides a solid financial cushion.
CRCT Profitability Ratios
CRCT vs Industrial Sector
How Cricut, Inc. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CRCT Balance Sheet & Liquidity
CRCT 5-Year Financial Trend
5-Year Trend Summary: Cricut, Inc.'s revenue has declined by 41% over the 5-year period, indicating business contraction. The most recent EPS of $0.24 reflects profitable operations.
CRCT Growth Metrics (YoY)
CRCT Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $167.9M | $11.5M | $0.05 |
| Q2 2025 | $167.9M | $19.6M | $0.09 |
| Q3 2024 | $167.9M | $9.1M | $0.05 |
| Q2 2024 | $167.9M | $9.1M | $0.07 |
| Q1 2024 | $162.6M | $9.1M | $0.04 |
| Q3 2023 | $174.9M | $9.1M | $0.06 |
| Q2 2023 | $177.8M | $9.1M | $0.06 |
| Q1 2023 | $181.2M | $9.1M | $0.04 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CRCT Capital Allocation
CRCT SEC Filings
Access official SEC EDGAR filings for Cricut, Inc. (CIK: 0001828962)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CRCT
What is the AI rating for CRCT?
Cricut, Inc. (CRCT) has an AI rating of BUY with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CRCT's key strengths?
Outstanding cash generation with $200.2M operating cash flow and 28.2% FCF margin indicating high-quality earnings. Significant profitability expansion with net income up 22.1% YoY despite flat revenue, demonstrating operational leverage and margin improvement.
What are the risks of investing in CRCT?
Revenue growth stalled with -0.5% YoY decline, indicating market saturation or demand weakness in core products. High insider trading activity (17 Form 4 filings in 90 days) warrants monitoring for potential concerns about management confidence.
What is CRCT's revenue and growth?
Cricut, Inc. reported revenue of $708.8M.
Does CRCT pay dividends?
Cricut, Inc. pays dividends, with $202.1M distributed to shareholders in the trailing twelve months.
Where can I find CRCT SEC filings?
Official SEC filings for Cricut, Inc. (CIK: 0001828962) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CRCT's EPS?
Cricut, Inc. has a diluted EPS of $0.35.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.