Company / R&D Expense
Cricut, Inc. R&D Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$66.5M
FY2025
5-year range
$26.7M / $66.5M
FY2021-FY2025
Trend
+10.1%
vs FY2024
Sector context
#218 of 264
Information Technology
What the data says
Cricut, Inc.'s r&d expense of $67M is lower than 83% of companies in the Information Technology sector (FY2025). R&D Expense has fluctuated over the past 7 years, ranging from $27M in FY2021 to $67M in FY2025.
Based on SEC 10-K filings.
$67M in FY2025 with a 5-year CAGR of +11.3%.
Improved from $65M to $67M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +19.6%
- 5-Year CAGR
- +11.3%
- 10-Year CAGR
- -
Sector benchmark
Bottom 17% in Information TechnologyTop 83% of 264This company $66.5M Sector average $924.6M
▼
-92.8% below sector average
Key checks
Key Insights
- 5-year CAGR of +11.3%, indicating consistent growth.
- In FY2025, r&d expense increased 10.1% year-over-year.
- Ranks #218 out of 264 companies in the Information Technology sector.
- Lowest r&d expense in the period was in FY2021.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $66.5M | +10.1% |
| FY2024 | $60.4M | -7.1% |
| FY2023 | $65.0M | +67.1% |
| FY2022 | $38.9M | +45.9% |
| FY2021 | $26.7M | -31.5% |
| FY2020 | $38.9M | +45.9% |
| FY2019 | $26.7M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026