CRCTCricut, Inc.

$873M

Q2 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$168M-5.5% YoY

Gross Profit

$90M53.5% margin

Operating Income

$26M15.7% margin

Net Income

$20M11.8% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$30M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$742M

Total Liabilities

$294M

Stockholders' Equity

$449M

Cash & Equivalents

$196M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$168M	$178M	-5.5%
Gross Profit	$90M	$88M	+2.5%
Operating Income	$26M	$19M	+37.3%
Net Income	$20M	$16M	+23.4%

Revenue Segments

Accessories And Materials

$46M51%

Connected Machines

$44M49%

Geographic Segments

North America

$134M80%

International

$34M20%

CRCT Q2 2024 Earnings — Cricut, Inc. Revenue & Financial Results | Market Cap Arena