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Cricut, Inc. (CRCT) Q1 2025 Earnings Call Transcript

May 7, 2025
in Market & News
Reading Time: 2 mins read
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Cricut, Inc. (CRCT) Q1 2025 Earnings Call Transcript
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Cricut, Inc. (NASDAQ:CRCT) Q1 2025 Earnings Conference Call May 6, 2025 5:00 PM ET

Company Participants

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Jim Suva – SVP Finance, Treasurer & Investor Relations
Ashish Arora – President & CEO
Kimball Shill – Chief Financial Officer

Conference Call Participants

Michael Cadiz – Citigroup

Operator

Good day, and thank you for standing by. Welcome to Cricut First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation there will be a question-and-answer session. [Operator Instructions]. Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to your first speaker today, Jim Suva, Senior Vice President of Finance.

Jim Suva

Thank you, operator, and good afternoon, everyone. Thank you for joining us on Cricut’s first quarter 2025 earnings call. Please note that today’s call is being webcast and recorded on the Investor Relations section of the company’s website. A replay of the webcast will also be available following today’s call.

For your reference, accompanying slides used on today’s call, along with a supplemental data sheet have been posted to the Investor Relations section of the company’s website, investor.cricut.com.

Joining me on the call today are Ashish Arora, Chief Executive Officer; and Kimball Shill, Chief Financial Officer. Today’s prepared remarks have been recorded after which Ashish and Kimball will host live Q&A. Before we begin, we would like to remind everyone that our prepared remarks contain forward-looking statements and management may make additional forward-looking statements, including statements regarding our strategies, business, expenses, tariffs, capital allocation, and results of operations in response to your questions. These statements do not guarantee future performance, and therefore, undue reliance should not be placed upon them. These statements are based on current expectations of the company’s management and involve inherent risks and uncertainties, including those identified in the Risk Factors section of Cricut’s most recently filed Form

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