Cricut Inc. reports Q3 revenue of $170.4 million and net income of $20.5 million

Reuters

2025/11/05

Cricut Inc. reports Q3 revenue of $170.4 million and net income of $20.5 million

Cricut Inc. reported third quarter 2025 revenue of $170.4 million, a 2.0% increase compared to Q3 2024. Net income was $20.5 million, up 79.0% year-over-year. Platform revenue reached $82.8 million, up 7.0%, while products revenue was $87.7 million, down 3.0%. Gross margin improved to 55.2% from 46.1% in the same period last year. Paid subscribers rose 6.0% to over 3.0 million, and platform ARPU increased 4.0% to $54.96. Active users remained nearly flat at about 5.9 million, and 90-day engaged users declined 3.0% to 3.4 million. International revenue grew 5.0% and accounted for 24.0% of total revenue. The company ended the quarter with $207.0 million in cash and cash equivalents and remains debt free. Cricut's Board of Directors authorized a recurring semi-annual dividend of $0.10 per share, payable in January 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cricut Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9568485-en) on November 04, 2025, and is solely responsible for the information contained therein.

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Net income was $20.5 million, up 79.0% year-over-year. Platform revenue reached $82.8 million, up 7.0%, while products revenue was $87.7 million, down 3.0%. Gross margin improved to 55.2% from 46.1% in the same period last year. Paid subscribers rose 6.0% to over 3.0 million, and platform ARPU increased 4.0% to $54.96. Active users remained nearly flat at about 5.9 million, and 90-day engaged users declined 3.0% to 3.4 million. International revenue grew 5.0% and accounted for 24.0% of total revenue. The company ended the quarter with $207.0 million in cash and cash equivalents and remains debt free. Cricut's Board of Directors authorized a recurring semi-annual dividend of $0.10 per share, payable in January 2026.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cricut Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9568485-en) on November 04, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRCT","symbol_name":"Cricut, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251104:nNDL7yFJqs:1","article_id":"2581376903","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581376903","pubTimestamp":1762290357,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Cricut Inc. reported third quarter 2025 revenue of $170.4 million, a 2.0% increase compared to Q3 2024. Net income was $20.5 million, up 79.0% year-over-year. Platform revenue reached $82.8 million, up 7.0%, while products revenue was $87.7 million, down 3.0%. Gross margin improved to 55.2% from 46.1% in the same period last year. Paid subscribers rose 6.0% to over 3.0 million, and platform ARPU increased 4.0% to $54.96. Active users remained nearly flat at about 5.9 million, and 90-day engaged users declined 3.0% to 3.4 million. International revenue grew 5.0% and accounted for 24.0% of total revenue. The company ended the quarter with $207.0 million in cash and cash equivalents and remains debt free. Cricut's Board of Directors authorized a recurring semi-annual dividend of $0.10 per share, payable in January 2026.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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Net income was $20.5 million, up 79.0% year-over-year. Platform revenue reached $82.8 million, up 7.0%, while products revenue was $87.7 million, down 3.0%. Gross margin improved to 55.2% from 46.1% in the same period last year. Paid subscribers rose 6.0% to over 3.0 million, and platform ARPU increased 4.0% to $54.96. Active users remained nearly flat at about 5.9 million, and 90-day engaged users declined 3.0% to 3.4 million. International revenue grew 5.0% and accounted for 24.0% of total revenue. The company ended the quarter with $207.0 million in cash and cash equivalents and remains debt free. Cricut's Board of Directors authorized a recurring semi-annual dividend of $0.10 per share, payable in January 2026.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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