crct: the income statement

MyFinsight

Cricut, Inc. (CRCT)

For the quarter ending 2025-06-30, CRCT made $172,112K in revenue. $24,837K in net income. Net profit margin of 14.43%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Total revenue	172,112	162,634	167,890	167,947
Products	61,757	-	-	-
Platform	8,816	-	-	-
Total cost of revenue	70,573	64,286	90,527	78,107
Gross profit	101,539	98,348	77,363	89,840
Sales and marketing	35,877	36,685	35,278	33,354
Research and development	16,762	15,657	15,240	14,315
General and administrative	18,795	16,665	16,249	15,739
Total operating expenses	71,434	69,007	66,767	63,408
Income from operations	30,105	29,341	10,596	26,432
Interest income	-	-	-	3,053
Interest expense	-	-	-	80
Other income	241	2	932	387
Interest income	3,578	3,357	2,718	-
Interest expense	81	79	84	-
Total other income, net	3,738	3,280	3,566	3,360
Income before provision for income taxes	33,843	32,621	14,162	29,792
Provision for income taxes	9,355	8,707	2,674	10,023
Net income	24,488	23,914	11,488	19,769
Change in net unrealized gains (losses) on marketable securities, net of tax	70	115	46	242
Change in foreign currency translation adjustment, net of tax	279	102	229	-1
Comprehensive income	24,837	24,131	11,763	20,010

Earnings per share, basic (in dollars per share)	0.12	0.11	0.05	0.09
Earnings per share, diluted (in dollars per share)	0.11	0.11	0.05	0.09
Weighted-average common shares outstanding, basic (in shares)	211,865,363	212,445,961	214,769,065	216,422,513
Weighted-average common shares outstanding, diluted (in shares)	214,529,726	213,839,020	215,749,745	217,501,646

Unit: Thousand (K) dollars (except for numbers of shares and EPS)