CRCT Q3 2022 Earnings — Cricut, Inc. Revenue & Financial Results | Market Cap Arena

CRCTCricut, Inc.

$873M

Q3 2022 Earnings

Technology Computer Hardware

Income Statement

Revenue

$177M-31.9% YoY

Gross Profit

$82M46.2% margin

Operating Income

$17M9.8% margin

Net Income

$12M7.0% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

-3.7%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$22M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$920M

Total Liabilities

$177M

Stockholders' Equity

$743M

Cash & Equivalents

$124M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$177M	$260M	-31.9%
Gross Profit	$82M	$102M	-19.8%
Operating Income	$17M	$38M	-53.8%
Net Income	$12M	$30M	-58.5%

Revenue Segments

Subscriptions

$69M39%

Accessories And Materials

$56M31%

Connected Machines

$52M30%

Geographic Segments

North America

$149M84%

International

$28M16%