Crane NXT, Co.CXTEarnings & Financial Report
Crane Co. is an American industrial products company based in Stamford, Connecticut. Founded by Richard Teller Crane in 1855, it became one of the leading manufacturers of bathroom fixtures in the United States, until 1990, when that division was sold off. In 1960 it began the process of becoming a holding company with a diverse portfolio. Its business segments are Aerospace & Electronics, Engineered Materials, Fluid Handling, and Controls. Industries served by these segments include chemical...
Revenue
$404.4M
Gross Profit
$168.8M
Operating Profit
$47.9M
Net Profit
$24.9M
Gross Margin
41.7%
Operating Margin
11.8%
Net Margin
6.2%
YoY Growth
9.1%
EPS
$0.43
Crane NXT, Co. Q2 FY2025 Financial Summary
Crane NXT, Co. reported revenue of $404.4M (up 9.1% YoY) for Q2 FY2025, with a net profit of $24.9M (down 40.1% YoY) (6.2% margin). Cost of goods sold was $235.6M, operating expenses totaled $120.9M.
Key Financial Metrics
| Total Revenue | $404.4M |
|---|---|
| Net Profit | $24.9M |
| Gross Margin | 41.7% |
| Operating Margin | 11.8% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Crane NXT, Co. Q2 FY2025 revenue of $404.4M breaks down across 4 segments, led by Products at $177.1M (43.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $177.1M | 43.8% |
| Banknotes And Security Products | $143.5M | 35.5% |
| Authentication Products And Solutions | $49.5M | 12.2% |
| Services | $34.3M | 8.5% |
Crane NXT, Co. Revenue by Segment — Quarterly Trend
Crane NXT, Co. revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Banknotes And Security Products) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Products | — | $181.1M | $181.3M | $177.1M |
| Banknotes And Security Products | — | — | $168.2M | $143.5M |
| Authentication Products And Solutions | — | — | $60.6M | $49.5M |
| Services | — | $34.9M | $35.0M | $34.3M |
Crane NXT, Co. Annual Revenue by Year
Crane NXT, Co. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.7B |
| 2024 | $1.5B |
| 2023 | $1.4B |
Crane NXT, Co. Quarterly Revenue & Net Profit History
Crane NXT, Co. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $387.7M | +17.4% | $6.4M | 1.7% |
| Q4 FY2025 | $476.9M | +19.5% | $47.5M | 10.0% |
| Q3 FY2025 | $445.1M | +10.3% | $50.5M | 11.3% |
| Q2 FY2025 | $404.4M | +9.1% | $24.9M | 6.2% |
| Q1 FY2025 | $330.3M | +5.3% | $21.7M | 6.6% |
| Q4 FY2024 | $399.1M | +11.8% | N/A | N/A |
| Q3 FY2024 | $403.5M | +14.3% | $47.1M | 11.7% |
| Q2 FY2024 | $370.6M | +5.2% | $41.6M | 11.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $370.6M | $403.5M | $399.1M | $330.3M | $404.4M | $445.1M | $476.9M | $387.7M |
| YoY Growth | 5.2% | 14.3% | 11.8% | 5.3% | 9.1% | 10.3% | 19.5% | 17.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.39B | $2.41B | $2.39B | $2.43B | $2.92B | $2.92B | $3.12B | $3.64B |
| Liabilities | $1.40B | $1.34B | $1.32B | $1.32B | $1.74B | $1.71B | $1.86B | $2.40B |
| Equity | $989.8M | $1.07B | $1.06B | $1.11B | $1.17B | $1.21B | $1.25B | $1.24B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $56.8M | $66.7M | $81.1M | $-19.1M | $62.8M | $92.0M | $105.8M |