StockWatch
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Crane NXT, Co. Q2 FY26 Results

CXTQ2 FY26 Results
Filing
MetricValue ($ M)Q1 FY26Q2 FY25
Revenue493.2027.2%22.0%
Total Income493.2027.2%22.0%
Expenditure424.3016.1%19.0%
PBT47.90420.6%46.0%
Net Profit35.40453.1%42.2%
OPM13.97%8.24pp2.13pp
NPM7.18%5.53pp1.02pp
EPS0.61454.6%41.9%
View full financials

Crane NXT Reports Q2 2026 Results: Sales Growth of 22%, Raises Full Year Adjusted EPS Guidance

06 Aug 2026 · 6 Aug, 2:01 am

Summary

Crane NXT announced strong second quarter 2026 results, with sales reaching $493 million, up 22% year-over-year, driven by acquisitions and a 3% organic sales increase. The company reported GAAP EPS of $0.61 and Adjusted EPS of $1.10, a 13% increase from the prior year. Management highlighted strong operational performance and progress on integration, leading to a raised full-year Adjusted EPS guidance of $4.22 to $4.42. The company also noted robust cash flow generation with a 124% Adjusted free cash flow conversion.

Key Highlights

  1. 1

    Crane NXT reported second quarter sales of $493 million, an increase of 22% year-over-year, with organic sales growth of 3%.

  2. 2

    GAAP earnings per diluted share (EPS) for the second quarter was $0.61, and Adjusted EPS was $1.10, representing a 13% increase year-over-year.

  3. 3

    The company generated $86.7 million in cash from operations and achieved an Adjusted free cash flow conversion of 124% in the second quarter.

  4. 4

    Crane NXT is raising its full year Adjusted EPS guidance to a range of $4.22 to $4.42, up from the previous guidance of $4.10 to $4.40.

  5. 5

    Security and Authentication Technologies (SAT) segment sales grew 17.5% year-over-year to $226.7 million, with operating profit margin increasing to 17.2%.

  6. 6

    Detection and Traceability Technologies (DTT) segment sales increased 26.1% year-over-year to $266.5 million, despite a 3.4% decrease in organic sales.

  7. 7

    Total backlog at June 30, 2026, stood at $755.5 million, an increase from $591.6 million in the prior year.

Management Comments

A

Aaron W. Saak

We had strong operational performance in Q2, delivering on our value creation priorities of accelerating growth, building on our leadership positions, and driving operational excellence. With our strong first-half performance, and expected continued momentum, we are raising our full-year Adjusted EPS guidance to a range of $4.22 to $4.42. I’m pleased with the progress we’ve made during our first 90 days with the integration of Antares Vision. We are quickly implementing the Crane Business System to drive growth and margin expansion. As our performance shows, we are executing on our strategic priorities and are well positioned to deliver meaningful long-term value creation for our shareholders.

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