CRCT Q3 2021 Earnings — Cricut, Inc. Revenue & Financial Results | Market Cap Arena

CRCTCricut, Inc.

$857M

Q3 2021 Earnings

Technology Computer Hardware

Income Statement

Revenue

$260M+24.4% YoY

Gross Profit

$102M39.2% margin

Operating Income

$38M14.5% margin

Net Income

$30M11.5% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

-22.2%

Cash Flow

Operating Cash Flow

-$78M

Free Cash Flow

-$90M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$981M

Total Liabilities

$327M

Stockholders' Equity

$653M

Cash & Equivalents

$224M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$260M	$209M	+24.4%
Gross Profit	$102M	$90M	+14.0%
Operating Income	$38M	$58M	-34.6%
Net Income	$30M	$45M	-33.6%

Revenue Segments

Accessories And Materials

$104M40%

Connected Machines

$102M39%

Subscriptions

$53M20%

Geographic Segments

North America

$229M88%

International

$31M12%