Circut Results Presentation Deck

cricut. Operating Expense Total Opex as % of revenue impacted by lower revenue Investments funded by strong balance sheet and cash generation Reprioritized investments toward projects launching over the next 24 months to expand the Cricut platform, improve onboarding & engagement, and grow subscriptions and int'l markets $27.5 12% $5.5 $13.4 $8.6 Q2 2020 R&D $ Operating Expense (in millions) Q2 2022 Financial Results S&M $66.1 20% $12.5 $33.0 $20.6 Q2 2021 G&A $65.4 36% $13.8 $31.5 $20.1 Q2 2022 % = % of total revenue 17

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