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Cricut Inc (CRCT)
NASDAQ:CRCT
US Market

Cricut Inc (CRCT) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
May 13, 2025
TBA Not Confirmed
Period Ending
2025 (Q1)
Consensus EPS Forecast
0.07
Last Year’s EPS
0.09
Same Quarter Last Year
Moderate Sell
Based on 4 Analysts Ratings
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Earnings Call Summary

Earnings Call Date:Mar 04, 2025
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% Change Since: 0.00%
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Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with strong net income growth and successful product launches countered by declining overall sales, particularly in accessories and materials, and ongoing challenges in user engagement. The company is making significant investments in marketing and R&D to address these issues, with an expectation of improvement in the second half of 2025.
Company Guidance
During Cricut, Inc.'s fourth quarter 2024 earnings call, the company provided various metrics and insights into their performance and future plans. The fiscal year 2024 marked their eighth consecutive year of positive net income, generating $62.8 million, a 17% increase compared to 2023, resulting in a $0.05 increase in diluted EPS. However, total company sales declined by 7%, and active users decreased by 0.7% to 5.89 million. The company ended 2024 with 2.96 million paid subscribers, up 7% year on year, while 90-day engaged users fell by 3.1%. Cricut's Q4 revenue was $209.3 million, a 9% decline year over year, with full-year revenue reaching $712.5 million. Gross margin for Q4 improved to 44.9%, up from 42% the previous year, and total operating expenses were $80.1 million. Looking forward, Cricut anticipates a decline in operating income for 2025 due to increased marketing, R&D investments, and IP protection actions, with an expected 2-3 percentage point decrease in operating margins. Despite challenges, Cricut remains optimistic about growth in the second half of 2025, driven by new product launches and marketing initiatives.
Positive Net Income Growth
Cricut, Inc. achieved its eighth consecutive year of positive net income, generating $62.8 million, which is a 17% increase from the previous year. This also resulted in a $0.05 increase in diluted EPS for the full year.
Increase in Paid Subscribers
The company saw a 7% increase in paid subscribers, reaching 2.96 million by the end of 2024. This signifies a growth in subscriber base by 189,000 year on year and 121,000 sequentially in Q4.
Launch of New Cutting Machines
Cricut launched the next generation of its popular cutting machines, Cricut Explore 4 and Cricut Maker 4, which are up to 2x faster than previous models and have received positive feedback from retailers and end users.
International Revenue Growth
International revenue increased by 3% in Q4 2024, with international sales representing 25% of total revenue compared to 22% in Q4 2023.
Continued Cash Flow Generation
Cricut generated $265 million in cash from operations in 2024, maintaining a debt-free status with cash and cash equivalents of $337 million.
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Cricut Inc (CRCT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CRCT Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
May 13, 20252025 (Q1)
0.07 / -
0.09
Mar 04, 20252024 (Q4)
0.04 / 0.06
0.0520.00% (<+0.01)
Nov 05, 20242024 (Q3)
0.05 / 0.05
0.08-37.50% (-0.03)
Aug 06, 20242024 (Q2)
0.05 / 0.09
0.0728.57% (+0.02)
May 07, 20242024 (Q1)
0.06 / 0.09
0.04125.00% (+0.05)
Mar 05, 20242023 (Q4)
0.06 / 0.05
0.050.00% (0.00)
Nov 07, 20232023 (Q3)
0.07 / 0.08
0.0633.33% (+0.02)
Aug 08, 20232023 (Q2)
0.06 / 0.07
0.0616.67% (+0.01)
May 09, 20232023 (Q1)
0.07 / 0.04
0.11-63.64% (-0.07)
Mar 07, 20232022 (Q4)
0.06 / 0.05
0.050.00% (0.00)
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
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CRCT Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 04, 2025$5.22$5.44+4.21%
Nov 05, 2024$6.46$5.48-15.17%
Aug 06, 2024$5.75$6.20+7.83%
May 07, 2024$4.95$7.28+47.07%
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.
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FAQ

When does Cricut Inc (CRCT) report earnings?
Cricut Inc (CRCT) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
    What is Cricut Inc (CRCT) earnings time?
    Cricut Inc (CRCT) earnings time is at May 13, 2025, TBA Not 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 2025 (Q1) is 0.07.
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