Cricut, Inc. Reports First Quarter 2026 Financial Results
Cricut reported Q1 2026 revenue of $159.5 million, down 2% year-over-year, with net income declining 15% to $20.3 million. Platform revenue grew nearly 6% to $84.8 million and paid subscribers increased 3% to 3.08 million, while product revenue fell 9.6%.
Key figures
- Eps
- 0.1
- Revenue
- $159.5 million
- Revenue Yoy
- -2%
- Net income
- $20.3 million
- Gross margin
- 58.1%
- Operating income
- $22.9 million
- Paid subscribers
- 3078000
- Platform revenue
- $84.8 million
- Cash from operations
- $27 million
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