---
schema_version: "secwatch.filing_event.v1"
accession: "0001828962-21-000068"
form_type: "8-K"
ticker: "CRCT"
cik: "0001828962"
company_name: "Cricut, Inc."
filed_at: "2021-11-10T23:59:59+00:00"
generated_at: "2026-06-28T10:13:27.114226+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cricut Q3 revenue up 24% to $260M; net income down 34%, paid subs up 56%

## Summary
- Revenue $260.1M (+24.4% YoY); net income $30.0M (-33.6% YoY); diluted EPS $0.13.
- Subscriptions revenue $53.3M (+70.8% YoY); connected machines $102.5M (+35.7%).
- Total users >5.7M (+55.7%); paid subscribers >1.8M (+55.8%).
- Gross margin 39.2% vs 42.8% a year ago; EBITDA $42.7M (16.4% margin).
- International revenue grew 109.7% to 12% of total; strong inventory heading into Q4.

## SEC filing metadata
- accession: 0001828962-21-000068
- form_type: 8-K
- ticker: CRCT
- cik: 0001828962
- company_name: Cricut, Inc.
- filed_at: 2021-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828962/000182896221000068/0001828962-21-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828962/000182896221000068/crct-20211110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828962-21-000068
- JSON: https://secwatch.observer/filing/0001828962-21-000068.json
- Plain text: https://secwatch.observer/filing/0001828962-21-000068.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.