AI brief of an SEC Form 8-K · Cricut, Inc. (CRCT)

Cricut Q2 revenue falls 9% to $156.3 million; net income rises 59% to $39.1 million

Mixed Impact 3 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyCricut, Inc. (CRCT)
Form8-K, current report
Filed with the SECAug 4, 2026, 4:07 PM ET
Accession number0001828962-26-000048

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 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.