secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cricut, Inc. (CRCT)
CIK:        0001828962
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001828962-26-000037
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828962/000182896226000037/0001828962-26-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828962/000182896226000037/crct-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001828962-26-000037

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