Investment
Features
FeesSafety
Academy
More
Pluang+

Cricut Q1 2026 revenue dips 2% but platform revenue grows 6%, with 3M+ paid subscribers and a $0.10 dividend declared

Company Fundamentals
05 May 2026
GlobeNewsWire
View Source
Neutral
pluang ai news

Cricut, Inc. reported Q1 2026 revenue of $159.5 million, down 2% year-over-year, with net income falling 15% to $20.3 million. Despite the overall revenue decline, platform revenue rose nearly 6% to $84.8 million, driven by growth in paid subscribers to nearly 3.08 million and a 1% increase in active users. International sales grew over 16%, now comprising 26% of total revenue. The company declared a recurring semi-annual dividend of $0.10 per share payable in July 2026, reflecting confidence in its cash-generative business model and ongoing investments for long-term growth.

More News

Alaska Airlines launches nonstop flights from Los Angeles to La Paz, boosting U.S. access to Baja California Sur.

Alaska Airlines launches nonstop flights from Los Angeles to La Paz, boosting U.S. access to Baja California Sur.

Alaska Airlines has started nonstop flights between Los Angeles International Airport and Manuel Márquez de León International Airport in La Paz, Mexico. This new route enhances connectivity for U.S. travelers, especially from West Coast cities, maki...

Market News
Bullish
1 hour ago
AI-driven livestock monitoring market grows with $55M funding amid labor and regulatory pressures

AI-driven livestock monitoring market grows with $55M funding amid labor and regulatory pressures

The global livestock monitoring market is rapidly expanding due to over $55 million in recent funding and increasing regulatory demands, especially in Europe. AI technologies like computer vision, IoT sensors, and predictive analytics are transformin...

Market News
Bullish
1 hour ago
Itron beats EPS estimates by 22% despite 7% revenue drop in Q2 2026.

Itron beats EPS estimates by 22% despite 7% revenue drop in Q2 2026.

Itron reported a strong Q2 2026 with non-GAAP EPS of $1.59, beating analyst estimates by 22.31% for the fourth straight quarter. Revenue fell 7% to $562.9 million due to timing of project deployments, but annual recurring revenue rose 21% to $417 mil...

Company Fundamentals
Bullish
2 hours ago
FirstEnergy plans $36B grid upgrade, expects 6-8% EPS growth by 2030 with Q2 2026 earnings due July 28.

FirstEnergy plans $36B grid upgrade, expects 6-8% EPS growth by 2030 with Q2 2026 earnings due July 28.

FirstEnergy Corp. will report Q2 2026 earnings on July 28, with analysts expecting EPS around $0.50 and revenue near $3.51 billion, driven by rising demand from data centers and industrial clients. The company is investing $36 billion from 2026 to 20...

Company Fundamentals
Bullish
2 hours ago
Saviynt surpasses $300M ARR and launches Zuma, an AI identity security platform for enterprises.

Saviynt surpasses $300M ARR and launches Zuma, an AI identity security platform for enterprises.

Saviynt has exceeded $300 million in annual recurring revenue and grown bookings by over 80%, driven by rising demand for identity security amid AI adoption. The company launched Zuma, a new AI identity security platform that offers real-time visibil...

Market News
Bullish
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App