Cricut
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Cricut's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 14% to $765,147,000. Profit margin reached 7%. Total operating expenses were $273,308,000.
Profit Margin
| 2018 | 339.78M | 27.43M | 8.07% |
|---|---|---|---|
| 2019 | 486.55M | 39.21M | 8.06% |
| 2020 | 959.03M | 154.57M | 16.12% |
| 2021 | 1.30B | 140.47M | 10.75% |
| 2022 | 886.29M | 60.66M | 6.84% |
| 2023 | 765.14M | 53.63M | 7.01% |
CRCT Income Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 765.14M | 886.29M | 1.30B | 959.03M | 486.55M | 339.78M |
Cost of revenue | 421.85M | 536.40M | 848.77M | 626.65M | 344.20M | 228.69M |
Gross profit | 343.29M | 349.89M | 457.45M | 332.37M | 142.35M | 111.09M |
Operating exp. | ||||||
Research and development | 65.04M | 76.91M | 79.81M | 38.93M | 26.67M | 24.05M |
Selling and marketing | 123.16M | 130.37M | 133.96M | 63.32M | 40.11M | 30.69M |
Total operating expenses | 273.30M | 269.94M | 265.04M | 131.86M | 88.78M | 73.11M |
Operating income | 69.98M | 79.95M | 192.40M | 200.51M | 53.56M | 37.97M |
Other income (expenses), net | 9.79M | 2.02M | -32K | -1.32M | -3.29M | 108K |
Income before tax | 79.78M | 81.98M | 192.37M | 199.19M | 50.26M | 36.15M |
Income tax expense | 26.14M | 21.31M | 51.9M | 44.61M | 11.05M | 8.72M |
Net income | 53.63M | 60.66M | 140.47M | 154.57M | 39.21M | 27.43M |
Earnings per share | ||||||
Basic EPS | 0.25 | 0.28 | 0.63 | 0.69 | 12.11 | 0.12 |
Diluted EPS | 0.24 | 0.28 | 0.63 | 0.69 | 12.11 | 0.12 |
| Data source | Data source | Data source |