{"schema_version":"secwatch.filing_event.v1","accession":"0001828962-23-000107","form_type":"8-K","ticker":"CRCT","cik":"0001828962","company_name":"Cricut, Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.816599+00:00","generated_at":"2026-06-08T17:06:19.360434+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Cricut Q3 net income up 38% to $17.2M; revenue down 1% to $174.9M","bullets":["Net income $17.2M ($0.08 diluted EPS) vs $12.4M in Q3 2022; operating income +36% to $23.7M.","Subscriptions revenue $76.3M (+11% YoY); connected machine revenue $49.5M (-6%); accessories & materials $49.1M (-12%).","Total users 8.6M (+16%); paid subscribers 2.7M (+11%); international revenue up 36%, now 21% of total.","Generated $36.4M cash from ops in Q3; ended quarter with $173.6M cash, debt-free.","Special dividend of ~$232.2M distributed in July; share repurchase program has $20M remaining as of Nov 1."],"urls":{"canonical":"https://secwatch.observer/filing/0001828962-23-000107","json":"https://secwatch.observer/filing/0001828962-23-000107.json","markdown":"https://secwatch.observer/filing/0001828962-23-000107.md","text":"https://secwatch.observer/filing/0001828962-23-000107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828962/000182896223000107/0001828962-23-000107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828962/000182896223000107/crct-20231107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T17:06:19.360434+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8721c4240a5b14b3204b419aeab77c71b222b24c","claim":"Cricut, Inc. reported third quarter ended September 30, 2023 results: revenue $174.9 million, net income $17.2 million, EPS $0.08.","evidence_excerpt":"Reports Third Quarter 2023 Financial Results Total users grew to over 8.6 million, up 16% over Q3 2022 Paid subscribers of approximately 2.7 million, up 11% over Q3 2022 Delivered 19th consecutive quarter of profitability with net income of $17.2 million, up 38% over Q3 2022 Delivered Q3 2023 revenue of $174.9 million, 1% decline compared to Q3 2022 SOUTH JORDAN, Utah, November 7, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828962/000182896223000107/0001828962-23-000107-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$174.9 million"},{"label":"Net income","value":"$17.2 million"},{"label":"EPS","value":"$0.08"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}