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Cricut Q2 2026 revenue falls 9% but net income rises 59% with subscriber growth to 3.1M

Company Fundamentals
04 Aug 2026
GlobeNewsWire
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Bullish
Cricut Q2 2026 revenue falls 9% but net income rises 59% with subscriber growth to 3.1M

Cricut, Inc. reported Q2 2026 revenue of $156.3 million, down 9% year-over-year, while net income surged 59% to $39.1 million due to improved margins and operational efficiency. Paid subscribers grew 3% to over 3.1 million, and platform revenue increased by 5%, signaling strong user engagement despite product sales declining 22%. The company continues to generate healthy cash flow, paying a $0.10 per share dividend and repurchasing shares, positioning itself for future growth with a focus on its platform strategy and international expansion.

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