Cricut, Inc. (CRCT) Form 8-K — Nov 3, 2026
Cricut reported strong Q3 2026 results on November 3, with revenue of $188.6 million, up 11% year over year, and net income of $27.8 million, up 36%, driven by 17% growth in Products revenue and 57.7% gross margin versus 55.2% a year ago. Paid subscribers rose 2% to 3.07 million, active users grew 2% to nearly 6.0 million, and platform ARPU increased 3% to $56.70, while international revenue jumped 30% to 28% of total revenue. The company generated $23.7 million in cash from operations and ended the quarter with $273 million in cash.
Key figures
- Eps
- 0.13
- Revenue
- 188600000
- Net Income
- 27842000
- Total Assets
- 650573000
- Cash Position
- 273000000
- Shares Outstanding
- 208212099
- Q3 buybacks
- 1,294,882 shares for $6.5 million
- Active users
- 5.99 million (up 2% YoY)
- Gross margin
- 57.7%
- Platform arpu
- $56.70 (up 3% YoY)
- Operating income
- $33.9 million (up 50% YoY)
- Paid subscribers
- 3.07 million (up 2% YoY)
- Platform revenue
- $85.9 million (up ~4% YoY)
- Products revenue
- $102.7 million (up 17% YoY)
- Special dividend
- $0.70 per share
- Buyback remaining
- $15.1 million of replenished $50 million authorization
- Recurring dividend
- $0.10 per share semi-annual
- Cash from operations q3
- $23.7 million
- International revenue growth
- 30% YoY, 28% of total revenue
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.