Cricut, Inc. Reports Third Quarter 2026 Financial Results
Cricut reported Q3 2026 revenue of $188.6 million, up 11% year-over-year, driven by 17% growth in Products and nearly 4% growth in Platform revenue. Net income rose 36% to $27.8 million with diluted EPS of $0.13 (vs. $0.10), as gross margin expanded to 57.7% from 55.2% and operating income jumped 50% to $33.9 million.
Key figures
- Eps
- 0.13
- Revenue
- 188600000
- Revenue Yoy
- 11%
- Net income
- 27800000
- Active users
- nearly 6.0 million
- Gross margin
- 57.7%
- Platform arpu
- 56.7
- Net income yoy
- 36%
- Operating income
- 33900000
- Paid subscribers
- 3.07 million
- Platform revenue
- 85900000
- Products revenue
- 102700000
- Buyback remaining
- $15.1 million of $50 million authorization
- Cash and equivalents
- 273000000
- Cash from operations
- 23700000
- Operating income yoy
- 50%
- Shares repurchased q3
- 1294882
- Special dividend per share
- 0.7
- International revenue growth
- 30%
- Semi annual dividend per share
- 0.1
AI analysis
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