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10-K/A2026-03-06· deepseek-chat

CRCT · Cricut, Inc.

0001828962-26-000020

SEC filing

Summary

This filing is an Amendment No. 1 (Form 10-K/A) to Cricut, Inc.'s annual report for the fiscal year ended December 31, 2025. The amendment is an exhibit-only filing, filed on March 6, 2026, solely to file revised Exhibits 32.1 and 32.2 to comply with Section 906 of the Sarbanes-Oxley Act of 2002. The explanatory note explicitly states that no revisions are being made to the company's financial statements, and the amendment does not reflect events occurring after the original filing date of March 4, 2026. Therefore, this document contains no new financial data, performance metrics, or operational updates for FY 2025. The aggregate market value of the registrant's common stock held by non-affiliates as of June 30, 2025, was approximately $333.4 million, based on a closing market price of $6.77 per share. As of February 27, 2026, the company had 56,748,942 shares of Class A Common Stock and 155,032,336 shares of Class B Common Stock outstanding. The company is an accelerated filer.

Key takeaways

Full analysis

Performance Summary

This document is Cricut, Inc.'s Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The filing date is March 6, 2026. The amendment is explicitly described as an "exhibit-only filing solely for the purpose of filing revised Exhibits 32.1 and 32.2 to comply with Section 906 of the Sarbanes-Oxley Act of 2002." The explanatory note is clear: "No revisions are being made to the Company’s financial statements and this Amendment does not reflect events occurring after the filing of the Form 10-K, or modify or update those disclosures that may be affected by subsequent events, and no other changes are being made to any other disclosure contained in the Form 10-K." Consequently, this filing contains zero new financial performance data, results of operations, or year-over-year comparisons for FY 2025. The only numerical data points provided are related to share counts and a historical market valuation, which are not performance metrics.

Revenue Analysis

No revenue data, segment breakdown, geographic mix, or growth drivers are disclosed in this amendment. The document does not contain any Management's Discussion and Analysis (MD&A) section or financial statements. The purpose of the filing is strictly administrative to refile certain officer certifications. Therefore, no analysis of revenue performance, business segments, or growth factors can be performed based on the provided content.

Margins & Profitability

No data regarding gross margin, operating margin, profitability, or cost structure is present in this filing. The amendment explicitly states that financial statements are not being revised. All standard profitability metrics and margin analyses would be contained in the original Form 10-K filed on March 4, 2026, which is not provided here. This document offers no insight into the company's margins or earnings for the fiscal period.

Cash Flow & Balance Sheet

No cash flow data, balance sheet information, debt levels, or liquidity metrics are disclosed. The filing contains no statement of cash flows, balance sheet, or related notes. The only financial-related disclosures are non-performance items: the aggregate market value of common stock held by non-affiliates as of June 30, 2025 (~$333.4 million), and the number of outstanding Class A and Class B common shares as of February 27, 2026. There is no information on operating cash flow, free cash flow, capital structure, or liquidity position.

Outlook

No forward-looking statements, management guidance, strategic priorities, or updated risk factors are included in this amendment. The explanatory note specifically states the filing does not modify or update disclosures. Therefore, any outlook, guidance, or strategic discussion would remain as presented in the original annual report. This document provides no new information regarding the company's future plans, expectations, or risk environment.