CRCT Q2 2022 Earnings — Cricut, Inc. Revenue & Financial Results | Market Cap Arena

CRCTCricut, Inc.

$873M

Q2 2022 Earnings

Technology Computer Hardware

Income Statement

Revenue

$184M-45.1% YoY

Gross Profit

$85M46.5% margin

Operating Income

$20M10.9% margin

Net Income

$14M7.5% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

-24.9%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$11M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$947M

Total Liabilities

$218M

Stockholders' Equity

$728M

Cash & Equivalents

$148M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$184M	$334M	-45.1%
Gross Profit	$85M	$130M	-34.4%
Operating Income	$20M	$64M	-68.8%
Net Income	$14M	$49M	-71.9%

Revenue Segments

Accessories And Materials

$81M44%

Subscriptions

$68M37%

Connected Machines

$35M19%

Geographic Segments

North America

$159M87%

International

$24M13%