Earnings Releases·Nov 3, 2026, 4:07 PM ET

Cricut, Inc. — Third Quarter 2026 Earnings Summary

Total revenue rose 11% year-over-year to $188.6 million, driven by a 17% increase in products revenue and a 30% surge in international sales, while gross margin expanded to 57.7%.
Operating income and net income grew 50% and 36% year-over-year respectively to $33.9 million and $27.8 million, with diluted EPS increasing to $0.13.
The Board approved a recurring semi-annual dividend of $0.10 and a special dividend of $0.70 per share, both payable in January 2027, alongside a stock repurchase program replenished to $50 million.
Paid subscribers and active users both grew 2% year-over-year to 3.07 million and nearly 6.0 million, respectively, while deferred revenue rose to $52.0 million.
Inventory levels increased significantly to $146.9 million from $102.7 million in the prior year-end, and the company generated $24 million in operating cash flow.