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

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.