"Krampus: The Return" was released direct-to-video in 2013, which limited its initial exposure and contributed to a relatively muted reception. At the time, the film's low budget and conventional plot led to mixed reviews, with some critics citing it as derivative of other holiday horror flicks and lacking in originality. However, over the years, "Krampus: The Return" has gradually amassed a small but dedicated fanbase that appreciates its campy charm and earnest attempt at holiday horror. While it may not hold the status of a cult classic or an underrated gem, it is often viewed as a dated relic of early 2010s genre cinema, nostalgic for fans of cheesy, low-budget Christmas horror movies.