secwatch.observer — SEC 8-K summary
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Issuer:     Cricut, Inc. (CRCT)
CIK:        0001828962
Form:       8-K
Filed at:   2026-03-03T23:59:59+00:00
Accession:  0001828962-26-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cricut Q4 revenue falls 3% YoY but FY net income up 22%; subscribers grow 4%
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- Q4 revenue $203.6M, down 3% YoY; platform revenue up 6% to $83.9M, products down 8%.
- FY 2025 net income $76.7M (10.8% margin), up 22% YoY; diluted EPS $0.35 vs $0.29.
- Paid subscribers grew >4% to 3.09M; platform ARPU up 5% to $55.77.
- Generated $200M cash from operations; ended 2025 with $276M cash, debt free.
- CEO cites disappointment in lack of sales growth but positive machine sell-out units and new guided flows.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828962/000182896226000008/0001828962-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828962/000182896226000008/crct-20260303.htm
  HTML page:      https://secwatch.observer/filing/0001828962-26-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer