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CRCT

Cricut, Inc.

NASDAQ · USTechnologyComputer Hardware
$4.59-0.76%

Price as of Jul 20, 2026

CRCT earnings

Cricut, Inc. earnings

Reported EPS and revenue history, upcoming estimates and available earnings-call summaries.

Next earnings
Aug 4, 2026in NaN days
EPS est $0.04 · Revenue est $160M
Track record
Beat EPS in 5 of 10 quarters
Avg surprise +62.5% (last 4 quarters)
Earnings history
Report dateEPS estEPS actualSurpriseRevenueRev. surprise
May 5, 2026$0.05$0.10+100.0%$159M-3.0%
Mar 3, 2026$0.04$0.04+0.0%$204M+28.6%
Nov 4, 2025$0.05$0.10+100.0%$170M-15.7%
Mar 4, 2025$0.04$0.06+50.0%$209M-2.4%
Mar 5, 2024$0.05$0.05+0.0%$231M-7.4%
Mar 7, 2023$0.06$0.05-16.7%$281M+16.3%
Mar 8, 2022$0.22$0.05-77.3%$388M-4.8%
Nov 10, 2021$0.16$0.13-18.8%$260M-11.8%
Aug 12, 2021$0.20$0.22+10.0%$334M+0.0%
May 13, 2021$0.21$0.24+14.3%$324M+16.7%
Mar 25, 2021$0.20$209M

Earnings call summary

Q1 FY2026 · May 5, 2026

AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.

Management highlights

Q1 began to see early benefits of platform-first strategy. Launched new machines and first service offering. Pleased with user growth, profitability, platform revenue growth, but total company sales declined. Priorities include broadening awareness, addressing barriers of ease of use and affordability, investing in onboarding and bundles. Saw progress in marketing, platform innovation, engagement, with paid subscribers increasing and new service offering having encouraging early response.

Guidance

Focused on accelerating investments in R&D, new product launches, and marketing including international markets. Expect Q2 total company revenue not to grow year over year. Platform revenues expected to grow each quarter. Confident in growth in the second half. Expect to be profitable each quarter and generate cash flow from operations for full year 2026. Continue with $50 million stock repurchase program and semiannual dividend.

Segment performance

In Q1, revenue was $159.5 million, a 2% decline compared to the prior year. Platform revenue in Q1 2026 was $84.8 million, up nearly 6% year-over-year. Product revenue was $74.7 million, down 9.6% year-over-year. International sales grew over 16% year-on-year to $40.9 million, representing 26% of total revenue in Q1 2026. Platform gross margin was 89%, product gross margin was 23.1%.

Risks & headwinds

Tariff uncertainty, input costs, supply chain dynamics, cautious consumer environment in certain markets.

Earnings history is derived from company filings and calendar data. Call summaries are grouped by reporting period. Latest covered event: 2026-08-04.