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Company Profiles: Revenue, Growth, Competition

Cricut Revenue, Growth & Competitor Profile

DBA PROVO CRAFT
DBA PROVO CRAFT & NOVELTY, INC.
DBA PROVO CRAFT & NOVELTY , INC. D/B/A CRICUT
Last updated:

Company Awards

Fast Growing
Fastest Growing
Big Fish
Big Fish
Brain Power (IP)
Patent/Trademark IP
 

Company Profile & Annual Report for Cricut

Access the complete profile.

Cricut Fast Facts

Revenue$100 - $500 million    See Exact Annual Revenue
Employees500 - 1,000Exact Company Size
Primary Industry45113 Sewing, Needlework & Craft Stores
Additional NAICS Codes42392 Toy & Hobby Goods & Supplies Merchant Wholesalers
Address10855 South River Front Park Way
Suite 300
South Jordan, UT 84095

Note: Revenues for privately held companies are statistical evaluations.


Cricut's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?
    • Cricut is classified as operating in the Sewing, Needlework & Craft Stores industry, NAICS Code 45113.

Cricut Annual Revenue and Growth Rate

Cricut Revenue Est.
($ Million)
Growth Rate (%)# Employees
2023 $100 - $500 million

Details in Premium Report
2022
2021
2020
2019


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Cricut's revenues are gauged from an analysis of company filings.



Cricut's Income Statement (based on Industry Averages)

Cricut P&L$ Millions
Revenue (Sales) Cricut Premium Report
Cost of Goods Sold
Gross Profit

Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
 


Trademark Applications

Trademark applications show the products and services that Cricut is developing and marketing. Cricut's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
JOY XTRA
Electronic cutting machine for cutting paper, cardstock, fabric and other materials in flat form, and accessories therefor; blades for electronic cutting machines
12/15/2023
FROM IDEA TO I-DID-IT
Paper cutting machine for cutting paper, cardstock, vinyl, and other materials in sheet form; blades for electronic cutting machines
12/15/2023
QUICKSWAP
Blades for electronic cutting machines; tool bits for electronic cutting machines; cutting, embossing, engraving, scoring and debossing tools for use in electronic cutting machines
12/15/2023

See all trademarks and details in the Full Report.


Market Share of Cricut's Largest Competitors

A competitive analysis shows these companies are in the same general field as Cricut, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
JO-ANN STORESHudson, OH100 
HANCOCK FABRICSBaldwin, MS9 
CRICUTSouth Jordan, UT3 
MISSOURI STAR QUILTHamilton, MO2 
SOL-MILLENNIUM MEDICALLawrenceville, GA2 
FAT QUARTER SHOPBuda, TX1 
JESON ENTERPRISESCamas, WA1 
BALLARD SEWING & VACUUMKirkland, WA1 
QUALITY SEWING & VACUUMKirkland, WA1 




Nearby Competitors

These companies are similar in business line and location to Cricut. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
SPORTSMAN'S WAREHOUSEWest Jordan, UT100 
LIFETIME PRODUCTSClearfield, UT26 
CRICUTSouth Jordan, UT4 
HANGAR 15 BICYCLESDraper, UT4 
SUREFOOT L CPark City, UT1 
JANSPark City, UT1 




Future Competition: Cricut's Fastest Growing Competitors

These companies are in the same general field as Cricut and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Cricut Competitors