Cricut Past Earnings Performance
Past criteria checks 4/6
Cricut's earnings have been declining at an average annual rate of -23.6%, while the Consumer Durables industry saw earnings growing at 4.9% annually. Revenues have been declining at an average rate of 19.7% per year. Cricut's return on equity is 11.6%, and it has net margins of 8.5%.
Key information
-23.6%
Earnings growth rate
-24.6%
EPS growth rate
| Consumer Durables Industry Growth | -22.9% |
| Revenue growth rate | -19.7% |
| Return on equity | 11.6% |
| Net Margin | 8.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Cricut makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 751 | 64 | 201 | 62 |
| 31 Dec 23 | 765 | 54 | 198 | 64 |
| 30 Sep 23 | 815 | 53 | 195 | 68 |
| 30 Jun 23 | 817 | 48 | 198 | 70 |
| 31 Mar 23 | 823 | 46 | 190 | 73 |
| 31 Dec 22 | 886 | 61 | 190 | 77 |
| 30 Sep 22 | 993 | 62 | 194 | 82 |
| 30 Jun 22 | 1,076 | 79 | 192 | 84 |
| 31 Mar 22 | 1,227 | 115 | 192 | 85 |
| 31 Dec 21 | 1,306 | 140 | 185 | 80 |
| 30 Sep 21 | 1,289 | 190 | 163 | 68 |
| 30 Jun 21 | 1,238 | 205 | 141 | 57 |
| 31 Mar 21 | 1,139 | 191 | 115 | 45 |
| 31 Dec 20 | 959 | 155 | 93 | 39 |
| 30 Sep 20 | 762 | 101 | 80 | 35 |
| 31 Dec 19 | 487 | 39 | 61 | 27 |
| 31 Dec 18 | 340 | 49 | 48 | 24 |
Quality Earnings: 398 has high quality earnings.
Growing Profit Margin: 398's current net profit margins (8.5%) are higher than last year (5.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 398's earnings have declined by 23.6% per year over the past 5 years.
Accelerating Growth: 398's earnings growth over the past year (38.7%) exceeds its 5-year average (-23.6% per year).
Earnings vs Industry: 398 earnings growth over the past year (38.7%) exceeded the Consumer Durables industry -1.4%.
Return on Equity
High ROE: 398's Return on Equity (11.6%) is considered low.