Every material Form 8-K Cricut, Inc. has filed with the SEC since August 04, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Cricut reported third quarter 2026 results, with revenue of $188.6 million, up 11% from the prior-year quarter, and net income of $27.8 million, up 36%. The company also announced a $0.70 special dividend and a $0.10 semi-annual dividend per share, both payable in January 2027, which returns cash to shareholders.
Revenue was $188.6 million, up 11%; Products revenue rose 17% to $102.7 million and Platform revenue rose nearly 4% to $85.9 million.
Net income was $27.8 million, up 36% from $20.5 million; diluted EPS was $0.13 versus $0.10 a year earlier.
Special dividend of $0.70 per share and recurring semi-annual dividend of $0.10 per share are to be paid in January 2027.
Stock repurchase program replenished up to $50 million; $15.1 million remained on the prior program at the end of Q3.
Cricut entered a new five-year, senior secured $300.0 million revolving credit facility led by BMO Bank N.A. as administrative agent, replacing its August 2022 credit agreement with JPMorgan Chase Bank, N.A. The company said no principal was outstanding under the prior facility when it was terminated, and no material early termination penalties were incurred. For shareholders, the filing is primarily a refinancing that adds committed borrowing capacity and permits dividends and share repurchases subject to a leverage test.
New $300.0 million revolving credit facility matures October 22, 2031
Pricing ranges from 1.125% to 2.00% above Adjusted Term SOFR, based on Net Leverage Ratio
Covenants require maximum Net Leverage Ratio of 3.00 to 1.00 and minimum Interest Coverage Ratio of 3.00 to 1.00
Prior credit agreement with JPMorgan Chase Bank, N.A. terminated October 22, 2026 with no principal outstanding
Cricut reported second-quarter 2026 results for the period ended June 30, 2026. Revenue fell 9% from a year earlier while net income rose 59% and diluted earnings per share increased to $0.19 from $0.11, and the CFO said net income benefited from some unique items.
Total revenue was $156.3 million, down 9% from Q2 2025; products revenue fell 22.0% to $71.3 million while platform revenue rose over 5% to $85.0 million.
Net income was $39.1 million, up from $24.5 million in Q2 2025; the CFO said results benefited from some unique items.
Paid Subscribers reached 3.10 million, up 3% year over year, and gross margin was 74.5% versus 59.0% a year earlier.
Cricut used $7.5 million to repurchase 1,742,294 shares in Q2 and paid a $0.10 per share dividend on July 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Cricut, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →