Cricut reports Q2 EPS 11c, consensus 6c

Reports Q2 revenue $172.11M, consensus $158.59M. “We posted solid results in Q2 with sales growth of 2%, operating income growth of 14%, EPS growth of 22%, and paid subscriber growth of 7% to over 3 million paid subscribers” said Ashish Arora, CEO of Cricut (CRCT). “We are relentlessly focused on increasing our speed of execution and are accelerating investments that will help drive future revenue growth. We are continuing to lean into these investments even as we navigate the uncertainty introduced by tariffs. These accelerated investments are in hardware product development, materials, engagement and marketing and will help drive future growth.”