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Cricut, Inc. CRCT Q2 2026 earnings

Reported August 4, 2026 · After market close

Revenue$156.3MMiss by $3.7M
EPS$0.19Beat by $0.13
Revenue estimate$160.0M
EPS estimate$0.06
“We were pleased with the progress we made executing against our strategic priorities in the second quarter. Although total company revenue declined 9% year over year in Q2, subscriptions exceeded 3.1 million, we saw improving engagement trends, and achieved double-digit global machine sell-out growth. These results reinforce our confidence that our platform-first strategy is making Cricut easier to discover, easier to use, and more valuable for our customers, while positioning the business for growth.”
Ashish Arora

Next report

Nov 3, 2026 (in a month)
Revenue estimate$172.0M
EPS estimate$0.03

Financials

Q2 2026

Income statement

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Revenue$156.3M-9.2%
Gross profit$116.4M+14.6%
Operating income$47.4M+57.5%
Net income$39.1M+59.5%
EPS (diluted)$0.19+72.7%

Balance sheet

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Cash & equivalents$266.9M-10.4%
Total debt$10.4M-22.5%
Total equity$368.2M+19.2%
Total assets$585.7M-18.8%

Cash flow

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Operating cash flow$50.4M+39.3%
CapEx$184.0K-73.7%
Free cash flow$50.2M+41.5%

Valuation & ratios

Valuation

as of 10/02/26
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Market cap$1.36B+1.6%
Enterprise value$1.11B-5.1%
P/E15.6×-1.0×
P/S2×+0.1×

Profitability

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Gross margin57.9%+5.8pp
Operating margin15.5%+3.7pp
Net margin12.7%+2.6pp
FCF margin25.5%-12.1pp

Returns & leverage

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Return on equity25.9%+6.9pp
Debt / equity0×0.0×
Current ratio2.5×+1.0×

Segments

By geography

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North America$120.4M-11.4%
International$35.9M-1.0%

By product

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Platform$85.0M+5.3%
Products$71.3M—

FAQ

When did Cricut, Inc. report Q2 2026 earnings?
Cricut, Inc. (CRCT) reported Q2 2026 earnings on August 4, 2026 after market close.
What were Cricut, Inc.'s Q2 2026 revenue and EPS?
Cricut, Inc. reported revenue of $156.3M and eps of $0.19 for Q2 2026.
Did Cricut, Inc. beat estimates in Q2 2026?
Revenue missed the consensus estimate of $160.0M by $3.7M. EPS beat the consensus estimate of $0.06 by $0.13.
How did Cricut, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 9.2% from $172.1M a year earlier and eps grew 72.7% from $0.11.
Where can I find Cricut, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001828962-26-000048) and the 10-Q periodic report (0001828962-26-000049) directly on SEC EDGAR. The filing index links above go to sec.gov.