Cricut, Inc. — Earnings Quality Grade B
CRCT · Technology
Generally healthy
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 42 days, change -4 days YoY
AR growth -9.4% vs revenue growth -0.5%
Revenue -0.5%, CFFO -24.4%. Cash follows revenue
Expense Quality
Inventory -10.9% vs COGS -11.5%. Normal
CapEx growth 33.2% is >2x revenue growth -0.5%
SG&A/Gross Profit = 58.4%. Normal
Gross margin swung +5.6pp (49.5% → 55.1%)
Cash Flow Quality
CFFO/NI = 2.61. Profits backed by cash
FCF $0.2B, FCF/NI = 2.29
Accruals ratio = -21.3%. Low accruals
Cash $0.3B covers debt $0.0B
Balance Sheet Health
No goodwill. Clean balance sheet
Debt/EBITDA = 0.1x. Healthy
Other assets -23.8% vs revenue -0.5%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
No goodwill
Manipulation Score
M-Score = -3.88 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25