Circut Results Presentation Deck

cricut. Gross margin Q2 2022 benefited from mix, with higher proportion of revenue driven by subscriptions Connected machine margins and accessories and materials margins continue to be impacted by supply chain and inflationary pressures Accessories and materials margins impacted by a more normal cadence of promotional activity compared to the height of the pandemic Connected machine margins impacted by lower volumes compared to prior periods and reflects pricing of end-of-life products GROSS MARGIN % 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 31.1% Q2 2022 Financial Results LLI Q2 2020 39.0% Subscriptions Q2 2021 46.5% Accessories & Materials Q2 2022 Connected Machines 16

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