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Cricut Inc (CRCT)
NASDAQ:CRCT
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.04Last Year’s EPS
0.11Same Quarter Last Year
Moderate Sell
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call balanced encouraging operational and financial improvements — notably stronger full-year profitability (+22% net income), platform growth (paid subscribers +4%, ARPU +5%, platform revenue +5–6%), margin expansion, global product launches and a clear bundle-first strategy — against persistent top-line pressure (Q4 revenue -3%, FY revenue slightly down), significant declines in accessories & materials (-13% Q4, -9% FY), modest engagement erosion and near-term H1 2026 headwinds (promotions, difficult comps and tariff uncertainty). Management emphasized accelerated R&D, AI and product investments to drive long-term growth while remaining profitable and cash-generative, suggesting confidence in future recovery.Company Guidance
Improved Full-Year Profitability
Generated $76.7M net income for FY2025, up 22% YoY ($13.9M increase); ninth consecutive year of positive net income; operating income for the year $96.0M, up 26% YoY.
Paid Subscriber and Platform Momentum
Paid subscribers ended Q4 at just over 3.09M, up ~132,000 or >4% YoY; Platform revenue Q4 $83.9M, up 6% YoY and Platform revenue up ~5% for the full year; ARPU increased 5% to $55.77 (from $53.12).
Gross Margin Expansion
Total gross margin improved to 55.1% for FY2025 from 49.5% in 2024 (+5.6 percentage points); Q4 gross margin 47.4% vs 44.9% prior year; platform gross margin ~89% for the year.
Product and Platform Innovation
Launched multiple new products and services including 2 next-generation cutting machines (Cricut Joy 2 and Cricut Explore 5), new heat presses (EasyPress Mini LT and EasyPress SE), Create AI, guided project flows and a Direct-to-Film (DTF) service — positioning new monetization levers and improved user experience.
Connected Machine Sell-Out and Bundle Strategy
Management reports positive connected machine sell-out for 2025 and quarter-to-date 2026; introduced a bundle-first strategy (machines bundled with materials and guided flows) to improve out-of-box experience and drive future monetization.
International Growth
International sales in Q4 were $57.8M, up 9% YoY and represented 28% of total revenue (vs 25% prior year); full-year international sales up 8% and represented 24% of revenue.
Strong Cash Position and Capital Returns
Generated $200M cash from operations in 2025, ended year with $276M cash and equivalents, remained debt-free; returned capital via $24.6M stock repurchases and ~$202.1M in dividends for the year.
CRCT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CRCT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 03, 2026 | $4.32 | ― | ― |
Nov 04, 2025 | $4.91 | $4.65 | -5.18% |
Aug 05, 2025 | $4.75 | $5.55 | +16.90% |
May 06, 2025 | $4.38 | $5.27 | +20.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cricut Inc (CRCT) report earnings?
Cricut Inc (CRCT) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is Cricut Inc (CRCT) earnings time?
Cricut Inc (CRCT) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CRCT EPS forecast?
CRCT EPS forecast for the fiscal quarter 2026 (Q1) is 0.04.