Cricut, Inc. Stock Price, News & Analysis

Cricut (NASDAQ: CRCT) reported strong Q2 2025 financial results, with revenue reaching $172.1 million, up 2% year-over-year. The company achieved significant growth in key metrics, including a 24% increase in net income to $24.5 million and a 14% rise in operating income to $30.1 million.

Notable highlights include reaching over 3 million Paid Subscribers, representing a 7% growth from Q2 2024, and improved gross margins of 59.0%, up from 53.5%. The company maintains a strong financial position with $377 million in cash and no debt, while distributing $181 million in dividends after the quarter closed.

International revenue grew by 8%, accounting for 21% of total revenue, while Platform ARPU increased to $53.84, up 2% year-over-year.

Cricut (NASDAQ: CRCT), a creative technology company, has scheduled its Q2 2025 earnings release for August 5, 2025, after U.S. markets close. The company will host a conference call and webcast at 3:00 p.m. Mountain Time (5:00 p.m. Eastern Time) to discuss the financial results for the quarter ended June 30, 2025.

Investors can access the live webcast through Cricut's investor relations website. Pre-registration is required for the audio call, with registration available through a provided link. To ensure smooth access, participants are encouraged to register at least one day in advance.

Cricut (NASDAQ: CRCT) reported mixed Q1 2025 financial results. Revenue declined 3% to $162.6 million, while net income increased 22% to $23.9 million compared to Q1 2024. The company saw positive trends in paid subscribers, up 6% to 2.97 million, and international revenue growth of 8%. Gross margin improved to 60.5% from 54.7%. The Board approved three capital allocation items: a special dividend of $0.75 per share, a recurring semi-annual dividend of $0.10 per share, and a $50 million stock repurchase program. Platform revenue grew 2% to $80.0 million, while Products revenue decreased 7% to $82.6 million. The company generated $61.2 million in cash from operations and maintains a strong balance sheet with $357 million in cash and no debt.

Cricut (NASDAQ: CRCT) has scheduled its first quarter 2025 financial results announcement for May 6, 2025, after U.S. markets close. The creative technology company will discuss its financial performance for the quarter ended March 31, 2025, through a conference call and webcast at 3:00 p.m. Mountain Time (5:00 p.m. Eastern Time).

Investors can access the live webcast through Cricut's investor relations website. Pre-registration is required for the audio call, with registrants receiving dial-in details and a unique PIN code via email. To ensure smooth access, participants are encouraged to register at least one day in advance or minimum 15 minutes before the call.

Cricut Inc. (NASDAQ: CRCT) reported its Q4 and full-year 2024 financial results, marking its 8th consecutive year of profitability. The company achieved net income of $62.8 million (8.8% margin), a 17% increase from 2023. While annual revenue declined 7% to $712.5 million, platform revenue grew 1% to $313.0 million.

Key highlights include:

• Cash from operations reached $265.0 million in 2024
• Paid subscribers increased 7% to 2.96 million
• Platform ARPU grew 2% to $53.12
• International revenue grew 1% to $157.5 million

The company recently launched two new cutting machines, Cricut Explore 4 and Cricut Maker 4, with positive initial feedback. Despite current challenges, management expects profitability in each quarter of 2025 and continues its $50 million stock repurchase program, with $22.9 million remaining.

Cricut (NASDAQ: CRCT) has unveiled its next-generation smart cutting machines: Cricut Explore 4 and Cricut Maker 4, available from February 28 in the US and Canada. The new machines, priced at $249.99 and $399.99 respectively, offer significant improvements over previous models:

• Up to 2x faster cutting speeds for materials like cardstock and vinyl
• Enhanced out-of-box experience with included materials for 10 initial projects
• Lower price point compared to previous generation
• Available in Seashell color on Cricut.com and Michaels, with Sage color exclusive to Michaels bundles

The machines feature improved user experience in Design Space® and come with Smart Vinyl™, Cardstock, Smart Iron-on™, Transfer Tape, Mini Weeder, and Light Grip Machine Mat. Wider retail availability begins March 14.

Cricut (NASDAQ: CRCT) has announced its management team will present at Morgan Stanley's Technology, Media and Telecom Conference on March 5, 2025, in San Francisco, California. The presentation will be available via live webcast on Cricut's investor relations website, with a replay accessible after the event.

Cricut is a creative technology company providing a connected platform for DIY projects through its smart cutting machines and design software. Their product lineup includes the Cricut Maker series, Cricut Explore series, Cricut Joy, and Cricut Venture, along with tools like Cricut EasyPress and the Infusible Ink system. The company serves millions of users worldwide through its creative platform and diverse collection of materials.

Cricut (NASDAQ: CRCT) has announced it will release its fourth quarter 2024 financial results on Tuesday, March 4, 2025, after U.S. markets close. The company will host a conference call and webcast at 3:00 p.m. Mountain Time (5:00 p.m. Eastern Time) to discuss the results.

Investors can access the live webcast through Cricut's investor relations website. Pre-registration is required for the audio call, with registrants receiving dial-in details and a unique PIN code via email. To avoid delays, participants are encouraged to register at least one day in advance or minimum 15 minutes before the call.

Cricut reported Q3 2024 financial results with revenue of $167.9 million, down 4% from Q3 2023. Paid subscribers grew 5% year-over-year to over 2.8 million. Platform revenue was $77.7 million, slightly up, while products revenue declined 7% to $90.2 million. Net income was $11.5 million (6.8% of revenue), down 33% from Q3 2023. The company generated $70 million in cash from operations and announced a semi-annual dividend of $0.10 per share. International revenue increased by 2%, representing 23% of total revenue.