NASDAQ$CRCT

Cricut Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Cricut Inc reported Q2 2025 revenue of $172.1 million and net income of $24.5 million.

Cricut delivered 2% year-over-year revenue growth in Q2 2025, driven by a 4% increase in Platform revenue to $80.7 million and a 1% rise in Products revenue to $91.4 million. Gross profit improved 13% to $101.5 million, with operating income rising 14% to $30.1 million and net income increasing 24% to $24.5 million. The company ended the quarter with $298.1 million in cash and cash equivalents.

  • Total revenue reached $172.1 million, up 2% from Q2 2024, with Platform revenue at $80.7 million (47% of total) and Products at $91.4 million.
  • Gross margin expanded to 59%, supported by a 32% Products gross margin (up from 23%) and stable 89% Platform gross margin.
  • Active Users stood at 5.9 million, with 3.5 million 90-Day Engaged Users and 3.0 million Paid Subscribers; Platform ARPU was $53.84.
  • North America contributed $135.8 million (79%) of revenue while International grew 8% to $36.3 million.

Headline financials

Total Revenue

$172M

Previous: $168M+2.5%
EPS (adj)

$0.12

Previous: $0.09+33.3%
Paid Subscribers

3.0M

Previous: 2.8M+7.0%
Active Users

5.9M

Previous: 5.9M-0.3%
90-Day Engaged Users

3.5M

Previous: 3.5M-1.7%
Platform ARPU

$53.84

Previous: $52.61+2.3%
Net Income

$24.5M

Previous: $19.8M+23.9%
Operating Income

$30.1M

Previous: $26.4M+13.9%
Gross Profit

$102M

Previous: $89.8M+13.0%
Cash & Equivalents

$298M

Previous: $196M+52.4%

Revenue & EPS history

Cricut · Revenue · Quarterly

$172M

Q2 2025+2.5%vs Q2 2024
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Cricut · $172M total across 2 segments · Q2 2025

  • Products
    $91.4M
  • Platform
    $80.7M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+2.2%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+8.5%

Avg return

30 days after

52%

13 / 25 earnings

Positive

+46.9%

Q1 2024

Best reaction

-21.2%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+1.4%+3.4%-1.0%
Q4 2025+4.6%-5.3%-7.4%
Q3 2025-5.2%-4.6%-0.8%
Q1 2025+20.2%+23.3%+26.6%
Q4 2024+4.2%+3.8%-6.4%
Q3 2024-12.6%-9.4%-12.4%
Q2 2024+11.1%+12.5%+4.0%
Q1 2024+46.9%+27.3%+21.7%
Q4 2023-3.1%-1.5%+0.8%
Q3 2023-9.2%-10.4%-18.5%
Q2 2023+6.3%+2.3%-5.9%
Q1 2023-9.2%-18.3%+39.0%
Q4 2022+10.3%+7.5%+20.5%
Q3 2022+12.3%+16.8%+11.3%
Q2 2022-2.5%-1.5%+5.1%
Q1 2022-15.1%-12.2%-33.6%
Q4 2019-21.1%-25.4%-3.7%
Q4 2021-17.1%-23.6%-4.3%
Q3 2020+8.7%+9.9%+0.8%
Q3 2021-21.2%-14.3%-20.6%
Q2 2020-18.4%-22.8%+1.2%
Q2 2021-15.5%-19.0%+4.5%
Q1 2020+26.0%+27.5%+64.2%
Q4 2020+26.0%+27.5%+64.2%
Q1 2021+26.0%+27.5%+64.2%
Q3 2019

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