CRCT Q4 2023 Earnings — Cricut, Inc. Revenue & Financial Results | Market Cap Arena

CRCTCricut, Inc.

$873M

Q4 2023 Earnings

Technology Computer Hardware

Income Statement

Revenue

$231M-17.6% YoY

Gross Profit

$97M42.0% margin

Operating Income

$17M7.1% margin

Net Income

$11M4.9% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+32.2%

Cash Flow

Operating Cash Flow

$92M

Free Cash Flow

$87M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$750M

Total Liabilities

$215M

Stockholders' Equity

$535M

Cash & Equivalents

$142M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$231M	$281M	-17.6%
Gross Profit	$97M	$84M	+16.1%
Operating Income	$17M	$11M	+48.9%
Net Income	$11M	$11M	+3.6%

Revenue Segments

Connected Machines

$77M33%

Accessories And Materials

$77M33%

Subscriptions

$77M33%

Geographic Segments

North America

$180M60%

International

$118M40%