Cricut Inc-A 2026年季度报告

FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March31, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to _____Commission File Number: 001-40257Cricut, Inc.(Exact name of Registrant as specified in its charter) 87-0282025(I.R.S. EmployerIdentification Number) 10855 South River Front ParkwaySouth Jordan, Utah 84095(385) 351-0633 (Address, including zip code, and telephone number, including area code, of Registrant’s principal executive offices) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. ☐Large accelerated filer☐Non-accelerated filer☐Emerginggrowthcompany If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ As of April29, 2026, the registrant had 55,019,004 shares of Class A Common Stock, and 154,879,630 shares of Class B Common Stock,outstanding. NOTE REGARDING FORWARD-LOOKING STATEMENTSPART I.FINANCIAL INFORMATIONItem 1.Financial Statements (unaudited)Condensed Consolidated Balance Sheets (unaudited)Condensed Consolidated Statements of Operations and Comprehensive Income (unaudited)Condensed Consolidated Statements of Changes in Stockholders’ Equity (unaudited)Condensed Consolidated Statements of Cash Flows (unaudited)Notes to Condensed Consolidated Financial StatementsItem 2.Management's Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and ProceduresPART II.OTHER INFORMATIONItem 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Default Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of theSecurities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended(the “Exchange Act”), which statements involve substantial risk and uncertainties. These forward-looking statements, which aresubject to a number of risks, uncertainties and assumptions about us, generally relate to future events or our future financial oroperating performance. In some cases, you can identify these statements by forward-looking words such as “believe,” “may,”“will,” “estimate,” “continue,” “anticipate,” “design,” “intend,” “expect,” “could,” “plan,” “potential,” “predict,” “seek,” “should,”“would,” “target,” “project” or “contemplate” or the negative version of these words and other comparable terminology thatconcern our expectations, strategy, plans, intentions or projections. Forward-looking statements contained in this QuarterlyReport on Form 10-Q include, but are not limited to, statements about: •our ability to attract and engage users, to help people lead creative lives through our creativity platform, and attractand expand our relationships with brick-and-mortar and online retail partners and distributors; •our future results of operations, including trends in revenue, costs, operating expenses and key metrics;•our ability to compete successfully in competitive markets in both our platform and products segments;•our expectations and management of future growth;•our ability to manage our supply chain, manufacturing, distribution and fulfillment, including the ability to forecastdemand and manage our inventory, particularly in light of geopolitical conflict or war;•our ability to enter new markets and m