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Cricut vs Veeco Instruments: revenue, profit, margins and growth compared

Cricut brought in $708.8M of revenue in fiscal 2025, Veeco Instruments $664.3M in fiscal 2025. Revenue changed by -0.5% at Cricut and -7.4% at Veeco Instruments on the year before, so Cricut grew faster. Cricut kept 10.8% of its revenue as net profit, Veeco Instruments 5.3%.

Side by side, latest fiscal year

CRCTVECO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$708.8M$664.3M
Revenue growth-0.5%-7.4%
Net income$76.7M$35.4M
Net margin10.8%5.3%
Free cash flown/a$53.3M
Free cash flow marginn/a8.0%
Earnings per share (diluted)$0.35$0.59
Cash$256.2M$163.5M
Debtn/a$226M
Price to earnings17.584.2
Market value$1.3B$3B
Dividend yieldn/an/a
Rank by revenue in sector#267 of 530 · Technology#277 of 530 · Technology

Over the years

Revenue
CRCT FY2019: $486.6MCRCT FY2021: $959MCRCT FY2021: $1.3BCRCT FY2022: $886.3MCRCT FY2023: $765.1MCRCT FY2024: $712.5MCRCT FY2025: $708.8MVECO FY2018: $542.1MVECO FY2019: $419.3MVECO FY2020: $454.2MVECO FY2021: $583.3MVECO FY2022: $646.1MVECO FY2023: $666.4MVECO FY2024: $717.3MVECO FY2025: $664.3MFY18FY19FY20FY21FY22FY23FY24FY25
CRCT $708.8MVECO $664.3M
Net income
CRCT FY2019: $39.2MCRCT FY2021: $154.6MCRCT FY2021: $140.5MCRCT FY2022: $60.7MCRCT FY2023: $53.6MCRCT FY2024: $62.8MCRCT FY2025: $76.7MVECO FY2018: -$407.1MVECO FY2019: -$78.7MVECO FY2020: -$8.4MVECO FY2021: $26MVECO FY2022: $166.9MVECO FY2023: -$30.4MVECO FY2024: $73.7MVECO FY2025: $35.4MFY18FY19FY20FY21FY22FY23FY24FY25
CRCT $76.7MVECO $35.4M
Net margin
CRCT FY2019: 8.1%CRCT FY2021: 16.1%CRCT FY2021: 10.8%CRCT FY2022: 6.8%CRCT FY2023: 7.0%CRCT FY2024: 8.8%CRCT FY2025: 10.8%VECO FY2018: -75.1%VECO FY2019: -18.8%VECO FY2020: -1.8%VECO FY2021: 4.5%VECO FY2022: 25.8%VECO FY2023: -4.6%VECO FY2024: 10.3%VECO FY2025: 5.3%FY18FY19FY20FY21FY22FY23FY24FY25
CRCT 10.8%VECO 5.3%
Revenue growth
CRCT FY2021: +97.1%CRCT FY2021: +36.2%CRCT FY2022: -32.1%CRCT FY2023: -13.7%CRCT FY2024: -6.9%CRCT FY2025: -0.5%VECO FY2019: -22.6%VECO FY2020: +8.3%VECO FY2021: +28.4%VECO FY2022: +10.8%VECO FY2023: +3.1%VECO FY2024: +7.6%VECO FY2025: -7.4%FY19FY20FY21FY22FY23FY24FY25
CRCT -0.5%VECO -7.4%
Free cash flow
VECO FY2018: -$50.4MVECO FY2019: -$18.3MVECO FY2020: $36.2MVECO FY2021: $27.1MVECO FY2022: $83.9MVECO FY2023: $33.7MVECO FY2024: $45.7MVECO FY2025: $53.3MFY18FY19FY20FY21FY22FY23FY24FY25
CRCTVECO $53.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Cricut and Veeco Instruments

Which is bigger by revenue, Cricut or Veeco Instruments?

Cricut is bigger by revenue: $708.8M in fiscal 2025, against $664.3M for Veeco Instruments in fiscal 2025.

Which keeps more of its revenue as profit, Cricut or Veeco Instruments?

Cricut had a net margin of 10.8% in fiscal 2025; Veeco Instruments had 5.3% in fiscal 2025.

Which grew revenue faster, Cricut or Veeco Instruments?

In their latest fiscal years revenue changed by -0.5% at Cricut and -7.4% at Veeco Instruments.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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