Cricut Q2 FY26 net income rises 59% to $39.1 million; revenue drops 9% to $156.3 million
CRCT•Q2 FY26 results
Cricut posted Q2 revenue of USD 156.3 million, down 9% from Q2 2025; diluted EPS rose to USD 0.19.
Net income climbed 59% to USD 39.1 million; gross margin widened 15.5 percentage points to 74.5%.
Platform revenue increased over 5% to USD 85 million, while products revenue fell 22% to USD 71.3 million.
Paid subscribers rose 3% to 3.1 million, with platform ARPU up 5% to USD 56.37; active users grew 1% to nearly 6 million.
A recurring semi-annual dividend of USD 0.10 per share was paid in July 2026; Ashish Arora cited improving engagement trends and double-digit global machine sell-out growth.
