secwatch / observer

Cricut, Inc. — fact timeline

Source-grounded facts extracted from Cricut, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CRCT Cricut, Inc. JSON
Shareholder Votes

Cricut, Inc. shareholders approved Proposal to ratify the appointment of BDO USA, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. at the 2026-06-03 meeting.

“Proposal to ratify the appointment of BDO USA, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. 800,970,919 326,657 123,518 0”
Shareholder Votes

Cricut, Inc. shareholders approved Proposal to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers as described in the proxy statement. at the 2026-06-03 meeting.

“Proposal to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers as described in the proxy statement. 760,620,738 11,873,058 71,944 28,855,354”
Shareholder Votes

Cricut, Inc. shareholders approved Election of seven directors at the 2026-06-03 meeting.

“Cricut Inc. (the “Company”) held its 2026 Annual Meeting of Stockholders (“Annual Meeting”) on June 3, 2026. At its Annual Meeting, the Company elected the following seven individuals to its Board of Directors (the “Board”). Each director will serve for the ensuing year and until his or her successor is duly elected and qualified.”
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.

“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”
Governance Changes

Cricut, Inc.: Amended Amended and Restated Certificate of Incorporation to permit exculpation of certain officers as allowed by Delaware law (effective 2025-05-29).

“At the Cricut Inc. (the “Company”) 2025 Annual Meeting of Stockholders (the “Annual Meeting”), held on May 28, 2025 via live audio webcast, the Company’s stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to provide for the exculpation of certain of the Company’s officers from liability in specific circumstances, as permitted by Delaware law (the “Charter Amendment”).”

Matt Tuttle was appointed as General Counsel at Cricut, Inc..

“Cricut also announced that Matt Tuttle would succeed Mr. Olsen as Cricut’s General Counsel, effective April 30, 2025.”

Don Olsen departed as General Counsel and Corporate Secretary at Cricut, Inc..

“On April 29, 2025, Don Olsen, General Counsel and Corporate Secretary of Cricut, Inc. (Cricut), who has been with Cricut for nearly 18 years, informed Cricut of his intention to step down from his position as General Counsel to pursue another opportunity.”

Len Blackwell departed as Director at Cricut, Inc..

“On February 28, 2025, Len Blackwell notified the Board of Directors of the Company that he would not stand for re-election at the Company’s 2025 annual meeting of stockholders.”

Heidi Zak was appointed as Director at Cricut, Inc..

“On September 28, 2024, the Board of Directors (the “Board”) of Cricut, Inc. (the “Company”), increased the size of the Board to eight members and appointed Ms. Heidi Zak, the Co-Founder and Chief Executive Officer of ThirdLove, to the Board.”
Earnings Releases

Cricut, Inc. reported first quarter ended March 31, 2024 results: revenue $167.4 million, net income $19.6 million, EPS $0.09 per diluted share.

“Cricut, Inc. Reports First Quarter 2024 Financial Results Paid subscribers of approximately 2.8 million, up 3% over Q1 2023 Q1 2024 revenue of $167.4 million, 8% decline compared to Q1 2023 Delivered 21st consecutive quarter of profitability with net income of $19.6 million, up 116% over Q1 2023 Board authorizes three capital allocation items SOUTH JORDAN, Utah, May 7, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. ("Cricut") (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worldwide, today announced financial results for its first quarter ended March 31, 2024.”
Earnings Releases

Cricut, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $231.2 million, net income $11.3 million, EPS $0.05.

“pricing discipline. We will keep concentrating on acquiring new users and enhancing their engagement and revenue generation.” Fourth Quarter 2023 Financial Results • Revenue was $231.2 million compared to $280.8 million in Q4 2022. • Connected machine revenue was $77.4 million compared to $102.3 million in Q4 2022. • Subscriptions revenue was $76.5 million up from to”
Earnings Releases

Cricut, Inc. reported third quarter ended September 30, 2023 results: revenue $174.9 million, net income $17.2 million, EPS $0.08.

“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.”
Earnings Releases

Cricut, Inc. reported second quarter ended June 30, 2023 results: revenue $177.8 million, net income $16.0 million, EPS $0.07.

“2022 Paid subscribers of over 2.7 million, up 15% over Q2 2022 Delivered 18th consecutive quarter of profitability with net income of $16.0 million Delivered Q2 2023 revenue of $177.8 million, 3% decline compared to Q2 2022 SOUTH JORDAN, Utah, August 8, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a”
Shareholder Votes

Cricut, Inc. shareholders approved Proposal to ratify the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-05-18 meeting.

“Proposal to ratify the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. 830,330,416 61,800 31,450 0”
Shareholder Votes

Cricut, Inc. shareholders approved Proposal to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers as described in the proxy statement. at the 2023-05-18 meeting.

“Proposal to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers as described in the proxy statement. 812,525,141 1,186,652 12,213 16,699,660”
Shareholder Votes

Cricut, Inc. shareholders approved Election of Directors at the 2023-05-18 meeting.

“Cricut Inc. (the “Company”) held its 2023 Annual Meeting of Stockholders (“Annual Meeting”) on May 18, 2023. At its Annual Meeting, the Company elected the following seven individuals to its Board of Directors (the “Board”). Each director will serve for the ensuing year and until his or her successor is duly elected and qualified. Nominee Votes For Votes Withheld Broker Non-Votes Ashish Arora 812,836,860 887,146 16,699,660 Len Blackwell 812,881,391 842,615 16,699,660 Steven Blasnik 812,784,359 939,647 16,699,660 Russell Freeman 811,717,481 2,006,525 16,699,660 Jason Makler 812,669,099 1,054,907 16,699,660 Melissa Reiff 812,883,675 840,331 16,699,660 Billie Williamson 812,883,613 840,393 16,699,660”
Earnings Releases

Cricut, Inc. reported first quarter ended March 31, 2023 results: revenue $181.2 million, net income $9.1 million, EPS $0.04.

“First Quarter 2023 Financial Results • Revenue was $181.2 million, down 26% from Q1 2022. • Connected machine revenue was $34.1 million, down 45% from Q1 2022. • Subscriptions revenue was $75.1 million, up 16% over Q1 2022. • Accessories and materials revenue was $72.0 million, down 39% from Q1 2022. • International revenue decreased by 8% over Q1 2022 and was 18% of total revenue, up from 15% of total revenue in Q1 2022 . • Gross margin was 42.3%, up from 40.5% in Q1 2022. • Operating income was $10.5 million, or 5.8% of total revenue or 10.5% excluding an $8.6 million inventory write-down and related tax effect, compared to $31.4 million, or 12.8% of revenue in Q1 2022. • Net income was $9.1 million, or 5.0% of revenue, and included an $8.6 million inventory write-down. Net income in Q1 2022 was $23.5 million, or 9.6% of revenue. • Diluted earnings per share was $0.04 or $0.07 excluding the inventory write-down and related tax effect, down from $0.11 per share in Q1 2022. • Generated”
Earnings Releases

Cricut, Inc. reported fourth quarter and full year ended December 31, 2022 results: revenue $280.8 million (Q4) / $886.3 million (FY), net income $10.9 million (Q4) / $60.7 million (FY), EPS $0.05 diluted per share (Q4) / $0.28 diluted per share (FY).

“from Operations in 2022 Total users grew to nearly 7.9 million, up 23% over FY 2021 Paid subscribers increased to 2.6 million, up 28% over FY 2021 Delivered FY 2022 revenue of $886.3 million, 32% decline compared to a strong FY 2021 74% of total users cut on their Connected Machine in 2022 SOUTH JORDAN, Utah, March 7, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”)”
Earnings Releases

Cricut, Inc. reported third quarter ended September 30, 2022 results: revenue $177.0 million, net income $12.4 million, EPS $0.06.

“Financial Results Total users grew to nearly 7.5 million, up 30% over Q3 2021 Paid subscribers increased to nearly 2.5 million, up 35% over Q3 2021 Delivered Q3 2022 revenue of $177.0 million, 32% decline compared to a strong prior year Q3 2021 Delivered 15th consecutive quarter of profitability with net income of $12.4 million SOUTH JORDAN, Utah, November 8, 2022”

Kimball Shill was appointed as Chief Financial Officer at Cricut, Inc..

“Cricut also announced that Kimball Shill will succeed Mr. Petersen as Cricut’s Chief Financial Officer, effective April 1, 2022.”

Martin Petersen changed role as Executive Vice President and Senior Advisor at Cricut, Inc..

“On January 3, 2022, Martin Petersen, Chief Financial Officer of Cricut, Inc. (Cricut), who has been with Cricut for over 10 years, informed Cricut of his intention to step down from his position as Chief Financial Officer, effective March 31, 2022, and to retire from Cricut effective September 30, 2022.”

Frank Iarusci was appointed as Executive Vice President of Sales, Americas at Cricut, Inc..

“Cricut also announced that Frank Iarusci would be joining Cricut as Executive Vice President of Sales, Americas, effective October 4, 2021.”

Gregory Rowberry departed as Executive Vice President, Sales at Cricut, Inc..

“On September 14, 2021, Gregory Rowberry, Cricut’s Executive Vice President, Sales, who has been with Cricut for over 13 years, informed Cricut of his intention to retire effective December 31, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.