---
schema_version: "secwatch.filing_event.v1"
accession: "0001828962-23-000088"
form_type: "8-K"
ticker: "CRCT"
cik: "0001828962"
company_name: "Cricut, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:42:58.468741+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cricut Q2 2023 revenue $177.8M (-3% YoY); net income $16M; special dividend $1/share paid July 17

## Summary
- Net income $16.0M vs $13.8M in Q2 2022; diluted EPS $0.07 up from $0.06.
- Subscriptions revenue $76.1M (+13% YoY); accessories & materials $64.4M (-20% YoY).
- International revenue up 34% to 18% of total; connected machine revenue $37.3M (+5%).
- Total users 8.4M (+17%); paid subscribers 2.7M (+15%); launched Cricut Venture on July 18.
- Special cash dividend of $1.00/share ($234.6M) paid July 17; cash from operations $64.4M in Q2.

## SEC filing metadata
- accession: 0001828962-23-000088
- form_type: 8-K
- ticker: CRCT
- cik: 0001828962
- company_name: Cricut, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828962/000182896223000088/0001828962-23-000088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828962/000182896223000088/crct-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828962-23-000088
- JSON: https://secwatch.observer/filing/0001828962-23-000088.json
- Plain text: https://secwatch.observer/filing/0001828962-23-000088.txt

## Key facts
- Earnings Releases
  Cricut, Inc. reported second quarter ended June 30, 2023 results: revenue $177.8 million, net income $16.0 million, EPS $0.07.
  - Period: second quarter ended June 30, 2023
  - Revenue: $177.8 million
  - Net income: $16.0 million
  - EPS: $0.07
  - Result: reported results
  source text: 2022 Paid subscribers of over 2.7 million, up 15% over Q2 2022 Delivered 18th consecutive quarter of profitability with net income of $16.0 million Delivered Q2 2023 revenue of $177.8 million, 3% decline compared to Q2 2022 SOUTH JORDAN, Utah, August 8, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828962/000182896223000088/0001828962-23-000088-index.htm

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