Cricut, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. Total revenue was $156.3 million, a 9% decline from Q2 2025, driven by a 22% drop in products revenue to $71.3 million, partially offset by over 5% growth in platform revenue to $85.0 million. Net income increased 59% year-over-year to $39.1 million, or $0.19 diluted EPS, benefiting from improved gross margins of 74.5%. Paid subscribers grew 3% to over 3.1 million. The company also disclosed a recurring semi-annual dividend of $0.10 per share paid in July 2026. Cricut operates as a creative technology platform providing connected cutting machines and subscription services for personal crafting.