CRCT Q3 2024 Earnings — Cricut, Inc. Revenue & Financial Results | Market Cap Arena

CRCTCricut, Inc.

$873M

Q3 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$168M-4.0% YoY

Gross Profit

$77M46.1% margin

Operating Income

$11M6.3% margin

Net Income

$11M6.8% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

-0.0%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$66M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$664M

Total Liabilities

$188M

Stockholders' Equity

$476M

Cash & Equivalents

$142M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$168M	$175M	-4.0%
Gross Profit	$77M	$82M	-5.6%
Operating Income	$11M	$24M	-55.3%
Net Income	$11M	$17M	-33.3%

Revenue Segments

Accessories And Materials

$46M51%

Connected Machines

$44M49%

Geographic Segments

North America

$129M77%

International

$39M23%