secwatch.observer — SEC 8-K summary
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Issuer:     Cricut, Inc. (CRCT)
CIK:        0001828962
Form:       8-K
Filed at:   2026-08-04T20:07:08+00:00
Accession:  0001828962-26-000048
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cricut Q2 revenue down 9% to $156.3M; net income up 59% to $39.1M
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- Revenue $156.3M (-9% YoY); platform revenue $85.0M (+5%), products revenue $71.3M (-22%).
- Net income $39.1M ($0.19 diluted EPS) vs $24.5M ($0.11) in Q2 2025; gross margin 74.5% vs 59.0%.
- Paid subscribers 3.10M (+3% YoY); platform ARPU $56.37 (+5%); active users 5.97M (+1%).
- Generated $50M cash from operations; used $7.5M to repurchase 1.74M shares; $21.6M remaining on buyback.
- Recurring semi-annual dividend of $0.10/share paid July 21, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828962/000182896226000048/0001828962-26-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828962/000182896226000048/crct-20260804.htm
  HTML page:      https://secwatch.observer/filing/0001828962-26-000048

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