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Quarterly ResultMay 4, 2026, 05:33 PM

Crawford & Co Q1 Net Income $4.91M, EPS $0.10

AI Summary

Crawford & Company reported a decrease in net income attributable to shareholders to $4.91 million, or $0.10 diluted EPS, for Q1 2026, down from $6.68 million and $0.13 diluted EPS in Q1 2025. Total revenues saw a slight decline to $320.13 million. However, the company significantly improved its net cash provided by operating activities, reaching $3.27 million compared to a net cash use of $13.92 million in the prior year period.

Key Highlights

  • Net income attributable to shareholders decreased 26.6% to $4.91 million from $6.68 million year-over-year.
  • Diluted earnings per share fell to $0.10 from $0.13 in the first quarter of 2025.
  • Total revenues slightly decreased 1.0% to $320.13 million from $323.34 million year-over-year.
  • Net cash provided by operating activities improved to $3.27 million, compared to a use of $13.92 million in Q1 2025.
  • International Operations revenues increased 4.5% to $131.88 million.
  • Broadspire revenues rose 1.0% to $104.76 million.
  • U.S. Property & Casualty revenues decreased 11.3% to $72.89 million, largely due to Catastrophe Services.