NASDAQ$CRCT
Cricut Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Cricut reported a 5% increase in revenue and a decrease in net income by 81% compared to Q4 2020.
Cricut, Inc. reported its Q4 and full year 2021 financial results. The company's revenue reached $387.8 million, a 5% increase compared to Q4 2020. Total users grew to over 6.4 million, up 48% over Q4 2020. Paid subscribers climbed to over 2.0 million at end of 2021, up 56% over end of Q4 2020. Delivered 5th consecutive year of profitability with net income of $140.5 million; $211.6 million of EBITDA
- Revenue was $387.8 million, up approximately 5% over Q4 2020.
- Paid subscribers climbed to over 2.0 million at end of 2021, up 56% over end of Q4 2020.
- Gross margin was 27.0%, down from 33.6% in Q4 2020.
- Net income was $11.9 million, down approximately 81% over Q4 2020.
Headline financials
Revenue & EPS history
Cricut · Revenue · Quarterly
$388M
Revenue by segment
Cricut · $332M total across 2 segments · Q4 2021
- Products$174M+6.7%52.4%
- Platform$158M-7.5%47.6%
Forward guidance
The company's strong focus on profitable growth prioritizes user engagement and monetization in the short term, while investing in expanding the platform for longer term growth.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
+2.2%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+8.5%
Avg return
30 days after
52%
13 / 25 earnings
Positive
+46.9%
Q1 2024
Best reaction
-21.2%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.4% | +3.4% | -1.0% | |
| Q4 2025 | +4.6% | -5.3% | -7.4% | |
| Q3 2025 | -5.2% | -4.6% | -0.8% | |
| Q1 2025 | +20.2% | +23.3% | +26.6% | |
| Q4 2024 | +4.2% | +3.8% | -6.4% | |
| Q3 2024 | -12.6% | -9.4% | -12.4% | |
| Q2 2024 | +11.1% | +12.5% | +4.0% | |
| Q1 2024 | +46.9% | +27.3% | +21.7% | |
| Q4 2023 | -3.1% | -1.5% | +0.8% | |
| Q3 2023 | -9.2% | -10.4% | -18.5% | |
| Q2 2023 | +6.3% | +2.3% | -5.9% | |
| Q1 2023 | -9.2% | -18.3% | +39.0% | |
| Q4 2022 | +10.3% | +7.5% | +20.5% | |
| Q3 2022 | +12.3% | +16.8% | +11.3% | |
| Q2 2022 | -2.5% | -1.5% | +5.1% | |
| Q1 2022 | -15.1% | -12.2% | -33.6% | |
| Q4 2019 | -21.1% | -25.4% | -3.7% | |
| Q4 2021 | -17.1% | -23.6% | -4.3% | |
| Q3 2020 | +8.7% | +9.9% | +0.8% | |
| Q3 2021 | -21.2% | -14.3% | -20.6% | |
| Q2 2020 | -18.4% | -22.8% | +1.2% | |
| Q2 2021 | -15.5% | -19.0% | +4.5% | |
| Q1 2020 | +26.0% | +27.5% | +64.2% | |
| Q4 2020 | +26.0% | +27.5% | +64.2% | |
| Q1 2021 | +26.0% | +27.5% | +64.2% | |
| Q3 2019 | — | — | — |
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