Key Highlights

  • Cricut (NASDAQ:CRCT) posted third-quarter 2026 Revenue of USD 188.6 million on November 3, 2026, a rise of 11% from USD 170.4 million, while products revenue climbed 17%.
  • Gross Margin improved to 57.7% from 55.2%, and Net Income jumped 36% to USD 27.8 million, equal to USD 0.13 per diluted share.
  • The board approved a USD 0.70 Special Dividend and a USD 0.10 semi-annual dividend, both scheduled for payment in January 2027, and refilled a USD 50 million buyback.
  • Shares had opened higher from a pre-market quote of USD 6.79, which already reflected a 13.74% gain, so the rally strengthened after the bell.

How Cricut Traded in the Session (up USD 2.32, 38.84%)

Cricut (NASDAQ:CRCT) changed hands at USD 8.29, up 38.84%, during regular trading on November 4, 2026. Working back, the prior close works out to USD 5.97 (calculated), which puts the per-share gain at roughly USD 2.32. Volume reached about 1.12 million shares, around 1.56 times the typical amount, and market Capitalization stood near USD 1.74 billion. Third-quarter 2026 figures came out on November 3, 2026 after the market shut. Early pre-market trading had the stock near USD 6.79, so the advance has stretched well past that opening reaction as the regular session moved along.

The Earnings Breakdown

Revenue came in at USD 188.6 million versus USD 170.4 million a year earlier. Platform revenue, which combines subscriptions and software, reached USD 85.9 million, a gain of nearly 4%, while products revenue advanced 17% to USD 102.7 million. Gross Profit totaled USD 108.9 million, a 57.7% margin. Operating Income was USD 33.9 million, an 18.0% margin and up 50%, and net income reached USD 27.8 million. Paid subscribers numbered 3.07 million, up 2%, active users were roughly 6.0 million, and twelve-month platform average revenue per user was USD 56.70, up 3%. No full-year guidance came with the release, and ninety-day engaged users held flat at about 3.5 million. Products carry thinner margins than subscriptions, so the shift toward hardware and materials makes the margin improvement more striking. Operating Cash Flow for nine months was USD 100.9 million compared with USD 117.8 million, a drop worth watching.

Dividends, Buybacks and Risks

The board declared a recurring semi-annual dividend of USD 0.10 per share and a special dividend of USD 0.70 per share, both scheduled for January 2027. Combined, that equals USD 0.80 per share, or about 9.7% of the intraday price (simple arithmetic on two published figures). A special dividend is a one-off distribution and does not point to a higher regular rate. In the quarter the company bought back 1,294,882 shares for USD 6.5 million and refilled its program to USD 50 million. Cash stood at USD 174.6 million, yet inventories grew to USD 146.9 million from USD 102.7 million at the end of 2025. Risks include sluggish subscriber growth, softer discretionary craft spending and a sharp one-day rally that could partly unwind.

Where Things Stand

The shares are up 38.84% after Cricut (NASDAQ:CRCT) reported stronger revenue, wider margins, a bigger net profit and a USD 0.70 special dividend on November 3, 2026. Investors appear to be rewarding margin gains and cash returns, even though subscriber growth reached only 2% and no annual outlook was offered. Attention now turns to the 10-Q, management comments on holiday demand, the inventory buildup and whether the platform Business can pick up speed. A jump of this magnitude in a single session can fade if buyers Fail to follow through.