10-K · February 26, 2026
Crane NXT positions itself as a focused industrial technology company organized into two segments (CPI and SAT) and emphasizes proprietary micro-optics, digital authentication and detection technologies plus a continued…
Earnings analysis · 10-Q
CXT earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
Crane NXT reported strong Q1 2026 performance with revenues of $387.7 million, exceeding estimates of $378.5 million, but with EPS at $0.11, significantly below the expected $0.56. The Security and Authentication…
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Crane NXT reported strong Q1 2026 performance with revenues of $387.7 million, exceeding estimates of $378.5 million, but with EPS at $0.11, significantly below the expected $0.56. The Security and Authentication Technologies segment showed remarkable growth, with a 51.3% increase in revenue, while the Detection and Traceability Technologies segment declined by 4.0%. Management maintained full-year EPS guidance at $4.10 to $4.40, while raising revenue growth guidance to 15-17% due to the Antares Vision acquisition.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.11
- Operating margin
- 5.7%
What stood out
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Revenue Exceeds Estimates
Q1 revenues of $387.7 million surpassed expectations of $378.5 million.
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Significant Growth in SAT Segment
Security and Authentication Technologies segment revenue grew 51.3% to $192.8 million compared to $127.4 million last year.
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Operating Margin Decline
Operating profit dropped 40.5% to $22.2 million, with operating margin falling to 5.7% from 11.3%.
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Increased Restructuring Charges
Restructuring charges rose to $3.1 million, which is concerning given the previous year had none.
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Cash from Financing Activities
Financing activities provided $239.8 million in Q1 2026, up from $38.0 million in the year prior.
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Lower Operating Cash Flow Usage
Operating activities used $14.0 million compared to $19.1 million in Q1 2025.
What to watch
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Substantial Decrease in Net Income
Net income fell 70.5% to $6.4 million from $21.7 million year-over-year.
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Deterioration in Operating Profit
Operating profit decreased by $15.1 million, driven by increased costs from acquisitions.
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Increased Interest Expenses
Interest expense rose 54.8% to $17.8 million, highlighting potential financing risks.
Management's outlook
Full year EPS guidance maintained at $4.10 to $4.40; revenue growth guidance increased to 15-17%.
Earlier filings 4
10-Q · November 5, 2025
Crane NXT reported a strong Q3: net sales of $445.1 million (up from $403.5 million a year ago) and diluted EPS of $0.87 (vs. $0.81 in Q3 2024). Gross profit/cost-of-sales dynamics supported a 43.3% gross margin and an…
10-Q · May 7, 2025
Crane NXT reported quarterly net sales of $330.3 million (up from $313.6 million a year ago) but saw material profitability compression: operating profit fell to $37.3 million and diluted EPS declined to $0.38.…
10-Q · November 6, 2024
Crane NXT reported Q3 revenue of $403.5 million, up $50.6 million (+14.3%) versus Q3 2023, but profitability compressed: operating profit fell to $75.0 million and diluted EPS declined to $0.81. Management completed the…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.