Financial Statements — CRCT
Balance Sheet
(in millions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 236.50 | 187.87 | 298.06 | 142.38 | 195.55 | 252.14 | 72.55 | 286.12 | 232.32 | 124.18 | 147.77 | 245.70 | 224.00 | 314.08 | 337.47 |
| Short-term Investments | 19.18 | 19.23 | 78.88 | 104.57 | 103.91 | 104.53 | 101.08 | 75.36 | 75.01 | 73.78 | 83.55 | -- | -- | -- | -- |
| Accounts Receivable | 67.71 | 88.54 | 81.99 | 93.30 | 83.75 | 72.33 | 92.20 | 88.65 | 90.39 | 87.91 | 81.06 | 122.78 | 143.12 | 163.70 | 154.36 |
| Inventory | 114.22 | 147.98 | 140.92 | 192.14 | 224.33 | 134.44 | 326.46 | 321.01 | 324.54 | 510.58 | 515.76 | 483.01 | 524.58 | 426.90 | 301.78 |
| Total Current Assets | 461.93 | 441.10 | 599.19 | 540.76 | 611.15 | 561.23 | 585.77 | 763.04 | 707.05 | 803.23 | 825.09 | 879.53 | 922.18 | 924.95 | 795.83 |
| Property, Plant & Equipment | 44.14 | 38.67 | 37.74 | 39.79 | 42.07 | 36.80 | 58.03 | 58.47 | 61.17 | 63.39 | 63.11 | 59.54 | 52.67 | 42.97 | 37.38 |
| Intangible Assets | -- | -- | -- | -- | -- | -- | 0.19 | 0.38 | 0.57 | 0.95 | 1.14 | 1.33 | 1.71 | 1.90 | 2.09 |
| Total Non-current Assets* | 81.83 | 123.16 | 122.33 | 123.01 | 130.96 | 120.42 | 133.18 | 135.30 | 139.39 | 116.58 | 121.51 | 86.66 | 58.43 | 49.35 | 44.36 |
| Total Assets | 543.76 | 564.25 | 721.51 | 663.77 | 742.11 | 681.65 | 718.95 | 898.34 | 846.44 | 919.81 | 946.60 | 966.18 | 980.60 | 974.30 | 840.19 |
| Accounts Payable | 57.19 | 68.32 | 71.98 | 45.52 | 33.97 | 58.27 | 80.01 | 67.17 | 38.45 | 71.33 | 113.55 | 155.66 | 251.12 | 280.30 | 203.83 |
| Total Current Liabilities | 169.86 | 187.04 | 393.10 | 171.31 | 276.26 | 170.97 | 173.97 | 395.20 | 130.48 | 154.00 | 193.10 | 232.72 | 318.58 | 353.21 | 294.79 |
| Total Non-current Liabilities* | 16.42 | 18.82 | 19.47 | 16.62 | 17.31 | 20.52 | 18.71 | 20.84 | 21.79 | 23.11 | 25.24 | 26.84 | 8.81 | 7.48 | 6.95 |
| Total Liabilities | 186.27 | 205.86 | 412.57 | 187.93 | 293.57 | 191.48 | 192.68 | 416.03 | 152.28 | 177.11 | 218.34 | 259.56 | 327.39 | 360.69 | 301.74 |
| Retained Earnings | 27.48 | 20.51 | 0.00 | 11.49 | 0.00 | 26.00 | 17.23 | 0.00 | 9.10 | 6.22 | (6.23) | (20.06) | (55.48) | (85.49) | (134.61) |
| Total Stockholder Equity | 357.49 | 358.39 | 308.94 | 475.84 | 448.54 | 466.76 | 526.27 | 482.31 | 694.16 | 742.70 | 728.26 | 706.63 | 653.22 | 613.61 | 538.45 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Total Revenue | 159.47 | 203.60 | 170.44 | 172.11 | 209.31 | 167.89 | 167.95 | 162.63 | 231.25 | 174.91 | 177.77 | 181.23 | 280.76 | 177.00 | 183.76 | 244.78 | 387.83 | 260.09 | 334.49 | 323.82 |
| Cost of Revenue | 66.77 | 107.15 | 76.34 | 70.57 | 115.32 | 90.53 | 78.11 | 64.29 | 134.21 | 92.98 | 90.11 | 104.56 | 197.15 | 95.16 | 98.33 | 145.76 | 283.00 | 158.02 | 204.20 | 203.55 |
| Gross Profit | 92.70 | 96.45 | 94.10 | 101.54 | 93.99 | 77.36 | 89.84 | 98.35 | 97.04 | 81.93 | 87.66 | 76.67 | 83.61 | 81.83 | 85.43 | 99.02 | 104.82 | 102.06 | 130.29 | 120.27 |
| Research & Development | 16.60 | 17.24 | 16.86 | 16.76 | 15.99 | 15.24 | 14.32 | 15.66 | 14.99 | 15.91 | 16.35 | 17.80 | 17.58 | 18.75 | 20.06 | 20.53 | 22.98 | 20.53 | 20.61 | 15.70 |
| Selling, General & Admin | 16.88 | 15.89 | 17.11 | 18.80 | 22.49 | 16.25 | 15.74 | 16.67 | 29.76 | 13.96 | 22.65 | 18.72 | 18.02 | 16.50 | 13.83 | 14.29 | 12.85 | 13.49 | 12.51 | 12.42 |
| Total Operating Expenses | 69.81 | 82.51 | 71.44 | 71.43 | 80.11 | 66.77 | 63.41 | 69.01 | 80.52 | 58.25 | 68.41 | 66.14 | 72.52 | 64.41 | 65.40 | 67.61 | 78.98 | 64.32 | 66.14 | 55.61 |
| Operating Income | 22.89 | 13.94 | 22.65 | 30.11 | 13.88 | 10.60 | 26.43 | 29.34 | 16.52 | 23.69 | 19.25 | 10.53 | 11.10 | 17.42 | 20.03 | 31.41 | 25.84 | 37.75 | 64.15 | 64.66 |
| Interest Expense | -- | -- | -- | -- | -- | -- | 0.08 | 0.08 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | 25.09 | 15.80 | 25.63 | 33.84 | 16.63 | 14.16 | 29.79 | 32.62 | 18.48 | 25.52 | 22.94 | 12.84 | 12.61 | 17.66 | 20.35 | 31.37 | 25.80 | 37.77 | 64.17 | 64.64 |
| Tax Provision | 4.77 | 8.01 | 5.12 | 9.36 | 4.71 | 2.67 | 10.02 | 8.71 | 7.20 | 8.29 | 6.92 | 3.75 | 1.72 | 5.21 | 6.52 | 7.86 | 13.88 | 7.77 | 15.04 | 15.22 |
| Net Income | 20.32 | 7.79 | 20.51 | 24.49 | 11.93 | 11.49 | 19.77 | 19.65 | 11.29 | 17.23 | 16.02 | 9.10 | 10.89 | 12.44 | 13.83 | 23.50 | 11.92 | 30.01 | 49.13 | 49.42 |
| Basic EPS | 0.10 | 0.04 | 0.10 | 0.12 | 0.06 | 0.05 | 0.09 | 0.11 | 0.06 | 0.08 | 0.07 | 0.04 | 0.05 | 0.06 | 0.06 | 0.11 | 0.05 | 0.14 | 0.24 | 0.24 |
| Diluted EPS | 0.10 | 0.03 | 0.10 | 0.11 | 0.06 | 0.05 | 0.09 | 0.11 | 0.05 | 0.08 | 0.07 | 0.04 | 0.05 | 0.06 | 0.06 | 0.11 | 0.05 | 0.13 | 0.22 | 0.24 |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Operating Cash Flow | 26.85 | 82.43 | 20.48 | 97.32 | 103.08 | 70.24 | 91.65 | 61.17 | 92.07 | 36.41 | 64.44 | 95.17 | 117.05 | (12.38) | (2.57) | 15.58 | 26.84 | (77.80) | (32.03) | (21.96) |
| Investing Cash Flow | (9.13) | (7.23) | 52.37 | 15.52 | (3.89) | (4.47) | (5.07) | (4.89) | (4.78) | (31.17) | (5.08) | (7.74) | (6.86) | 0.56 | (91.76) | (9.81) | (7.45) | (12.21) | (8.28) | (7.84) |
| Financing Cash Flow | (37.39) | (6.96) | (182.93) | (47.55) | (9.03) | (119.21) | (28.19) | (36.42) | (17.86) | (218.71) | (5.53) | (80.08) | (9.59) | (11.62) | (3.39) | (1.64) | (1.75) | (0.02) | 16.92 | 245.10 |
