Abstract: Cutter head for wood working machines comprising a carrier with at least one receptacle for detachably receiving a cutter unit and a means for adjusting the flight circle of a cutting edge of the cutter unit, wherein in order to facilitate such a cutter head in view of the manufacture and installation thereof and to improve the resharpening ability of the cutter unit, the adjusting means comprises at least one spacer arranged between the cutting edge and the receptacle in an exchangeable manner and defining the distance between the cutting edge and a bearing surface of the receptacle.