---
schema_version: "secwatch.filing_event.v1"
accession: "0001828962-26-000037"
form_type: "8-K"
ticker: "CRCT"
cik: "0001828962"
company_name: "Cricut, Inc."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:32:28.010057+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cricut Q1 2026 revenue down 2% to $159.5M; net income down 15% to $20.3M

## Summary
- Platform revenue $84.8M (+6% YoY) offset Products revenue $74.7M (-9.6%).
- Paid subscribers 3.08M (+3%) and Platform ARPU $55.65 (+5%).
- Declared $0.10/shr semiannual dividend, payable July 21, 2026 to holders of record July 7.
- $256M cash, no debt; repurchased 2.77M shares for $12.2M in Q1.

## SEC filing metadata
- accession: 0001828962-26-000037
- form_type: 8-K
- ticker: CRCT
- cik: 0001828962
- company_name: Cricut, Inc.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1828962/000182896226000037/0001828962-26-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828962/000182896226000037/crct-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828962-26-000037
- JSON: https://secwatch.observer/filing/0001828962-26-000037.json
- Plain text: https://secwatch.observer/filing/0001828962-26-000037.txt

## Key facts
- Earnings Releases
  Cricut, Inc. reported the first quarter ended March 31, 2026 results: revenue $159.5 million, net income $20.3 million, EPS $0.10.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $159.5 million
  - Net income: $20.3 million
  - EPS: $0.10
  - Result: reported results
  source text: Cricut, Inc. Reports First Quarter 2026 Financial Results Over 3 million Paid Subscribers, up 3% over Q1 2025 Q1 2026 revenue of $159.5 million, down 2% compared to Q1 2025 Net income of $20.3 million, down 15% compared to Q1 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828962/000182896226000037/0001828962-26-000037-index.htm

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