Crane NXT Reports Third Quarter 2026 Results
The higher adjusted earnings outlook accompanies lower sales-growth expectations and declining profitability in Detection and Traceability Technologies.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Crane NXT (NYSE: CXT) reported third-quarter 2026 sales of $497.1 million and raised the midpoint of its full-year adjusted earnings guidance. Sales increased 11.7% year over year, including 1.1% organic growth. Net income fell 24.0% to $38.4 million; diluted earnings per share declined to $0.66 from $0.87, while adjusted earnings per share were $1.28.
Security and Authentication Technologies sales rose 6.4%, with operating profit up 17.3%. Detection and Traceability Technologies sales increased 17.2%, but organic sales fell 5.3% and operating profit declined 41.2%. Operating cash flow increased to $111.8 million from $92.0 million. Full-year adjusted earnings guidance narrowed to $4.32–$4.42 per share from $4.22–$4.42, while expected sales growth fell to approximately 14% from 15%–17%. Backlog reached $715.5 million, above $557.0 million a year earlier but below $755.5 million at June 30, 2026.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointThird-quarter sales rose 11.7% year over year to $497.1 million.
- Moderate point. Forward-looking: it has not happened yet and may not happen.Full-year adjusted earnings guidance narrowed to $4.32–$4.42 per share from $4.22–$4.42, raising the midpoint.
- Moderate pointThird-quarter operating cash flow increased to $111.8 million from $92.0 million a year earlier.
- Moderate pointThird-quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose 3.9% to $127.2 million.
- Moderate pointSecurity and Authentication Technologies third-quarter operating profit rose 17.3% to $46.1 million.
- Moderate pointSeptember 30 backlog of $715.5 million exceeded $557.0 million a year earlier but fell from June’s $755.5 million.
15 minor points
- Minor pointThird-quarter organic sales increased 1.1% year over year.
- Minor pointThird-quarter adjusted free cash flow conversion was 132%.
- Minor pointSecurity and Authentication Technologies third-quarter sales rose 6.4% to $243.5 million year over year.
- Minor pointSecurity and Authentication Technologies third-quarter organic sales increased 7.2% year over year.
- Minor pointSecurity and Authentication Technologies third-quarter operating margin increased 170 basis points to 18.9%.
- Minor pointSecurity and Authentication Technologies third-quarter adjusted EBITDA rose 8.6% to $71.0 million.
- Minor pointSecurity and Authentication Technologies third-quarter adjusted EBITDA margin increased 60 basis points to 29.2%.
- Minor pointDetection and Traceability Technologies third-quarter sales rose 17.2% to $253.6 million year over year.
- Minor pointDetection and Traceability Technologies third-quarter adjusted EBITDA increased 1.9% to $71.1 million.
- Minor pointCrane NXT secured long-term customer wins and reported delivering on its synergy commitments.
- Minor point. Forward-looking: it has not happened yet and may not happen.Crane NXT expects to achieve its year-end deleveraging target.
- Minor pointNine-month sales increased to $1,378.0 million from $1,179.8 million a year earlier.
- Minor pointNine-month operating cash flow increased to $184.5 million from $135.7 million a year earlier.
- Minor pointCash and cash equivalents increased to $251.1 million at September 30 from $233.8 million at December 31, 2025.
- Minor point. Forward-looking: it has not happened yet and may not happen.Full-year net non-operating expense guidance improved to approximately $75–$80 million from approximately $80 million.
Negative
- Moderate point. Forward-looking: it has not happened yet and may not happen.Full-year sales-growth guidance fell to approximately 14% from 15%–17%.
- Moderate pointThird-quarter net income declined 24.0% to $38.4 million year over year.
- Moderate pointDetection and Traceability Technologies third-quarter operating profit declined 41.2% to $35.7 million.
- Moderate pointShort-term borrowings increased to $231.1 million at September 30 from $135.1 million at December 31, 2025.
- Moderate pointLong-term debt increased to $1,151.4 million at September 30 from $1,004.4 million at December 31, 2025.
11 minor points
- Minor point. Forward-looking: it has not happened yet and may not happen.Detection and Traceability Technologies full-year sales-growth guidance fell to high-teens from low 20’s percent.
- Minor pointThird-quarter diluted earnings per share fell to $0.66 from $0.87 a year earlier.
- Minor pointThird-quarter net income margin declined 360 basis points to 7.7%.
- Minor pointThird-quarter adjusted EBITDA margin declined 190 basis points to 25.6%.
- Minor pointDetection and Traceability Technologies third-quarter organic sales declined 5.3% year over year.
- Minor pointDetection and Traceability Technologies third-quarter operating margin fell to 14.1% from 28.1%.
- Minor pointDetection and Traceability Technologies third-quarter adjusted EBITDA margin declined 430 basis points to 28.0%.
- Minor pointThird-quarter interest expense increased to $19.9 million from $16.2 million a year earlier.
- Minor pointThird-quarter capital expenditures increased to $21.6 million from $13.3 million a year earlier.
- Minor pointNine-month net income attributable to common shareholders fell to $80.2 million from $97.1 million.
- Minor pointNine-month diluted earnings per share declined to $1.38 from $1.68 a year earlier.
News Explained
Crane NXT announced a
Key Figures
- Net sales
- $497.1 million; +11.7% year-over-year
- Third quarter 2026
- Net income
- $38.4 million; down 24.0%
- GAAP, third quarter 2026 versus prior year
- Diluted EPS
- $0.66
- GAAP, third quarter 2026
- Adjusted EPS
- $1.28
- Third quarter 2026
- Cash from operations
- $112 million
- Third quarter 2026
- Adjusted free cash flow conversion
- 132%
- Third quarter 2026
- Adjusted EPS guidance
- $4.32 to $4.42
- Full-year 2026 updated guidance; prior range was $4.22 to $4.42
- Sales growth guidance
- ~14%
- Full-year 2026 updated guidance; prior range was +15% to +17%
Previous Earnings Reports
-
Prior report set 2026 Adjusted EPS guidance at $4.22–$4.42, the range revised in this announcement.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
gaap financial
adjusted ebitda financial
noncontrolling interest financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
WALTHAM, Mass., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a global leader in authentication and traceability technologies, today announced its financial results for the third quarter ended September 30, 2026.
Third Quarter 2026 Highlights
- Sales of
$497 million , up12% year-over-year; organic sales growth of1% . - GAAP earnings per diluted share (EPS) of
$0.66 , and Adjusted EPS of$1.28 . - Cash from operations of
$112 million ; Adjusted free cash flow conversion of132% . - Raised the midpoint of full-year adjusted EPS guidance and narrowed the range, while updating our full-year sales outlook.
Aaron W. Saak, Crane NXT's President and Chief Executive Officer, stated: "We continued to make progress against our strategic priorities in the third quarter. We secured meaningful long-term customer wins that enhance visibility into future revenue, delivered on our synergy commitments, and generated strong free cash flow. These results reflect the strength of our portfolio, disciplined execution, and the confidence customers place in our differentiated technologies and solutions.”
Mr. Saak continued: “Our robust free cash flow generation keeps us on track to achieve our year-end deleveraging target and further strengthens our financial flexibility. We are also raising the midpoint of our full-year adjusted EPS guidance. We remain focused on disciplined capital deployment to support growth and create long-term shareholder value."
Summary of Third Quarter 2026 Results
| Three Months Ended September 30, | Change | |||||||||||||
| (dollars in millions) | 2026 | 2025 | $ | % | ||||||||||
| Net sales (GAAP) | $ | 497.1 | $ | 445.1 | $ | 52.0 | ||||||||
| Organic sales | $ | 4.9 | ||||||||||||
| Net income (GAAP) | $ | 38.4 | $ | 50.5 | $ | (12.1 | ) | (24.0)% | ||||||
| Net income margin (GAAP) | 7.7 | % | 11.3 | % | (360bps) | |||||||||
| Adjusted EBITDA | $ | 127.2 | $ | 122.4 | $ | 4.8 | ||||||||
| Adjusted EBITDA margin | 25.6 | % | 27.5 | % | (190bps) | |||||||||
Summary of Third Quarter 2026 Segment Financial Results
Security and Authentication Technologies ("SAT")
| Three Months Ended September 30, | Change | |||||||||||||
| (dollars in millions) | 2026 | 2025 | $ | % | ||||||||||
| Net sales (GAAP) | $ | 243.5 | $ | 228.8 | $ | 14.7 | ||||||||
| Organic sales | $ | 16.4 | ||||||||||||
| Operating profit (GAAP) | $ | 46.1 | $ | 39.3 | $ | 6.8 | ||||||||
| Operating profit margin (GAAP) | 18.9 | % | 17.2 | % | 170bps | |||||||||
| Adjusted EBITDA | $ | 71.0 | $ | 65.4 | $ | 5.6 | ||||||||
| Adjusted EBITDA margin | 29.2 | % | 28.6 | % | 60bps | |||||||||
Detection and Traceability Technologies ("DTT")
| Three Months Ended September 30, | Change | |||||||||||||
| (dollars in millions) | 2026 | 2025 | $ | % | ||||||||||
| Net sales (GAAP) | $ | 253.6 | $ | 216.3 | $ | 37.3 | ||||||||
| Organic sales | $ | (11.5 | ) | (5.3)% | ||||||||||
| Operating profit (GAAP) | $ | 35.7 | $ | 60.7 | $ | (25.0 | ) | (41.2)% | ||||||
| Operating profit margin (GAAP) | 14.1 | % | 28.1 | % | NM | |||||||||
| Adjusted EBITDA | $ | 71.1 | $ | 69.8 | $ | 1.3 | ||||||||
| Adjusted EBITDA margin | 28.0 | % | 32.3 | % | (430bps) | |||||||||
Totals may not sum due to rounding Please see the Non-GAAP Financial Measures tables in this release | ||||||||||||||
Full Year 2026 Guidance
The Company is updating its full year guidance that was previously provided on August 5, 2026.
| Full Year 2026 Guidance Details | ||||
| (dollars in millions, except per share data) | Prior Guidance | Updated Guidance | ||
| Crane NXT Sales Growth | + | ~ | ||
| SAT Segment Sales Growth | ~HSD to ~LDD | ~ | ||
| DTT Segment Sales Growth | Low 20's % | High-Teens | ||
| Adjusted Segment EBITDA Margin | ~ | ~ | ||
| Adjusted EBITDA Margin | ~ | ~ | ||
| Adjusted EPS | ||||
| Other items: | ||||
| Corporate Expense | ~ | ~ | ||
| Non-Operating Expense, Net | ~ | ~ | ||
| Adjusted Tax Rate | ~ | ~ | ||
| Adjusted Free Cash Flow Conversion | ~ | ~ | ||
| Diluted Shares | ~58 million | ~58 million | ||
| Please see the Non-GAAP Financial Measures definitions in this release | ||||
Fourth Quarter 2026 Dividend
Crane NXT announced its quarterly dividend of
Conference Call
Crane NXT has scheduled a conference call to discuss the third quarter financial results on Thursday, November 5, 2026, at 10:00 A.M. (Eastern). Interested parties may listen to a live webcast of the conference call by visiting the Events section of the Investor Relations section of the Company’s website. For those wishing to participate in the Q&A session of the call, please visit the Investors section of Crane NXT's website at www.cranenxt.com to pre-register. Pre-registration may be completed at any time up to the call start time. An accompanying slide presentation and a replay of the live event will also be available on the Company’s website.
About Crane NXT, Co.
Crane NXT is a global leader in authentication and traceability technologies that secure, detect, and authenticate what matters most to its customers. Through its two market-leading business segments, Security & Authentication Technologies and Detection & Traceability Technologies, Crane NXT provides innovative solutions that prevent the counterfeiting of products and identities and ensure the quality, authenticity, and traceability of products across the supply chain. Crane NXT’s approximately 6,000 employees help its customers protect their most important assets and ensure secure, seamless transactions around the world every day. For more information, visit www.cranenxt.com.
Forward-Looking Statements Disclaimer
This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical statements of fact and those regarding the Company's intent, belief, or expectations, including statements regarding outlook for 2026 or any other period, the Company’s long-term value creation potential, dividend payments, or the timing of any of the foregoing.
Words such as “anticipate(s),” “expect(s),” “intend(s),” “believe(s),” “plan(s),” “may,” “will,” “would,” “could,” “should,” “seek(s),” and similar expressions, or the negative of these terms, are intended to identify such forward-looking statements. These statements are based on management’s current expectations and beliefs and are subject to a number of risks and uncertainties and other important factors that could lead to actual results differing materially from those projected, forecasted or expected. The Company assumes no (and disclaims any) obligation to revise or update these statements to reflect future events or circumstances. Although the Company believes that the assumptions underlying the forward-looking statements are reasonable, it can give no assurance that its expectations will be attained. The Company cautions investors not to place undue reliance on any such forward-looking statements.
Risks and uncertainties that could cause actual results to differ materially from the Company's expectations include, but are not limited to: the impact of tariffs and other trade measures; changes in global economic conditions (including inflationary pressures) and geopolitical risks, including macroeconomic fluctuations; demand for its products, which is variable and subject to factors beyond its control; risks associated with conducting a substantial portion of its business outside the U.S., including the risk of tariffs and other trade measures by the U.S. and other countries; information systems and technology networks failures, breaches in data security, theft of personally identifiable and other information, and non-compliance with its contractual or other legal obligations regarding such information; being unable to identify or complete acquisitions, or to successfully integrate the businesses the Company acquires; fluctuation in the prices of, or disruption in its ability to source, components and raw materials, and delays in the distribution of its products; loss of personnel or being able to hire and retain additional personnel needed to sustain and grow its business as planned; being unable to successfully develop and introduce new products, which would limit its ability to grow and maintain its competitive position; governmental regulations and failure to comply with those regulations; the ability to protect its intellectual property; risks from litigation, claims and investigations, including those related to product liability and warranties, and employee, commercial, intellectual property and environmental matters; risks related to its ability to improve productivity, reduce costs and align manufacturing capacity with customer demand; significant competition in the Company's markets; additional tax expenses or exposures; adverse impacts from intangible asset impairment charges; inadequate or ineffective internal controls; and risks related to the separation in 2023 from Crane Company, including not obtaining the intended tax treatment of the separation transaction, failure of Crane Company to perform under the various transaction agreements and actual or potential conflicts of interest with Crane Company.
Readers should carefully review Crane NXT, Co.’s financial statements and the notes thereto, as well as the section entitled “Risk Factors” in Item 1A of Crane NXT, Co.’s Annual Report on Form 10-K for the year ended December 31, 2025, as updated by its Quarterly Reports on Form 10-Q and the other documents Crane NXT, Co. and its subsidiaries file from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.
| CRANE NXT, CO. AND SUBSIDIARIES Condensed Consolidated Statements of Operations Data (unaudited, in millions, except per share data) | ||||||||||||||||
| Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| Net sales: | ||||||||||||||||
| Security and Authentication Technologies | $ | 243.5 | $ | 228.8 | $ | 663.0 | $ | 549.2 | ||||||||
| Detection and Traceability Technologies | 253.6 | 216.3 | 715.0 | 630.6 | ||||||||||||
| Total net sales | $ | 497.1 | $ | 445.1 | $ | 1,378.0 | $ | 1,179.8 | ||||||||
| Operating profit (loss): | ||||||||||||||||
| Security and Authentication Technologies | $ | 46.1 | $ | 39.3 | $ | 100.1 | $ | 59.7 | ||||||||
| Detection and Traceability Technologies | 35.7 | 60.7 | 111.1 | 159.4 | ||||||||||||
| Corporate | (16.1 | ) | (18.1 | ) | (54.4 | ) | (52.0 | ) | ||||||||
| Total operating profit | $ | 65.7 | $ | 81.9 | $ | 156.8 | $ | 167.1 | ||||||||
| Interest expense | (19.9 | ) | (16.2 | ) | (58.7 | ) | (44.1 | ) | ||||||||
| Equity investment income | 0.1 | 0.1 | 4.9 | 0.5 | ||||||||||||
| Miscellaneous income, net | 3.3 | 0.8 | 3.3 | 4.0 | ||||||||||||
| Income before income taxes | 49.2 | 66.6 | 106.3 | 127.5 | ||||||||||||
| Provision for income taxes | 10.1 | 15.7 | 24.2 | 29.9 | ||||||||||||
| Net income before allocation to noncontrolling interest | 39.1 | 50.9 | 82.1 | 97.6 | ||||||||||||
| Less: Noncontrolling interest in subsidiaries’ earnings | 0.7 | 0.4 | 1.9 | 0.5 | ||||||||||||
| Net income attributable to common shareholders | $ | 38.4 | $ | 50.5 | $ | 80.2 | $ | 97.1 | ||||||||
| Earnings per diluted share | $ | 0.66 | $ | 0.87 | $ | 1.38 | $ | 1.68 | ||||||||
| Average diluted shares outstanding | 58.1 | 58.0 | 58.1 | 58.0 | ||||||||||||
| Average basic shares outstanding | 57.6 | 57.4 | 57.5 | 57.4 | ||||||||||||
| CRANE NXT, CO. AND SUBSIDIARIES Condensed Consolidated Balance Sheets (unaudited, in millions) | ||||||||
| September 30, 2026 | December 31, 2025 | |||||||
| Assets | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ | 251.1 | $ | 233.8 | ||||
| Accounts receivable, net | 374.5 | 351.8 | ||||||
| U.S. and foreign taxes on income | 23.7 | 12.7 | ||||||
| Inventories, net | 216.8 | 169.5 | ||||||
| Other current assets | 105.6 | 85.1 | ||||||
| Total current assets | 971.7 | 852.9 | ||||||
| Property, plant and equipment, net | 327.9 | 303.8 | ||||||
| Long-term deferred tax assets | 18.3 | 2.5 | ||||||
| Investment in equity affiliates and joint ventures | 4.6 | 139.4 | ||||||
| Other assets | 94.7 | 96.6 | ||||||
| Intangible assets, net | 724.4 | 557.2 | ||||||
| Goodwill | 1,420.0 | 1,164.0 | ||||||
| Total assets | $ | 3,561.6 | $ | 3,116.4 | ||||
| Liabilities and equity | ||||||||
| Current liabilities: | ||||||||
| Short-term borrowings | $ | 231.1 | $ | 135.1 | ||||
| Accounts payable | 114.4 | 132.3 | ||||||
| Contract liabilities | 158.4 | 87.3 | ||||||
| Accrued liabilities | 218.9 | 185.7 | ||||||
| U.S. and foreign taxes on income | 20.9 | 28.7 | ||||||
| Short-term deferred tax liability | — | — | ||||||
| Total current liabilities | 743.7 | 569.1 | ||||||
| Long-term debt | 1,151.4 | 1,004.4 | ||||||
| Accrued pension and postretirement benefits | 27.8 | 19.1 | ||||||
| Long-term deferred tax liability | 200.8 | 151.0 | ||||||
| Other liabilities | 124.6 | 116.0 | ||||||
| Redeemable noncontrolling interest | 20.6 | 6.9 | ||||||
| Total equity | 1,292.7 | 1,249.9 | ||||||
| Total liabilities, redeemable noncontrolling interest, and equity | $ | 3,561.6 | $ | 3,116.4 | ||||
| CRANE NXT, CO. AND SUBSIDIARIES Condensed Consolidated Statements of Cash Flows (unaudited, in millions) | ||||||||||||||||
| Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| Operating activities: | ||||||||||||||||
| Net income before allocation to noncontrolling interest | $ | 39.1 | $ | 50.9 | $ | 82.1 | $ | 97.6 | ||||||||
| Adjustments to reconcile net income to net cash flows provided by operating activities: | ||||||||||||||||
| Depreciation and amortization | 39.6 | 29.0 | 108.1 | 77.7 | ||||||||||||
| Stock-based compensation expense | 3.9 | 3.3 | 23.1 | 9.3 | ||||||||||||
| Income from equity investments | (0.1 | ) | (0.1 | ) | (4.9 | ) | (0.5 | ) | ||||||||
| Deferred income taxes | (6.4 | ) | 1.1 | (11.8 | ) | (11.7 | ) | |||||||||
| Cash provided by (used for) operating working capital | 39.4 | 6.2 | (16.4 | ) | (41.9 | ) | ||||||||||
| Long-term contract liabilities | 0.1 | 4.5 | 8.7 | 4.3 | ||||||||||||
| Other | (3.8 | ) | (2.9 | ) | (4.4 | ) | 0.9 | |||||||||
| Total provided by operating activities | $ | 111.8 | $ | 92.0 | $ | 184.5 | $ | 135.7 | ||||||||
| Investing activities: | ||||||||||||||||
| Proceeds from disposition of assets | 3.3 | — | 8.4 | — | ||||||||||||
| Proceeds from equity investments | 4.5 | — | 4.5 | — | ||||||||||||
| Payment for acquisitions, net of cash acquired and working capital adjustments | — | 2.9 | (225.4 | ) | (391.1 | ) | ||||||||||
| Capital expenditures | (21.6 | ) | (13.3 | ) | (45.0 | ) | (33.4 | ) | ||||||||
| Settlement of forward contracts | (0.1 | ) | 0.3 | (0.5 | ) | 1.8 | ||||||||||
| Total used for investing activities | $ | (13.9 | ) | $ | (10.1 | ) | $ | (258.0 | ) | $ | (422.7 | ) | ||||
| Financing activities: | ||||||||||||||||
| Dividends paid | (10.4 | ) | (9.7 | ) | (31.1 | ) | (29.2 | ) | ||||||||
| Proceeds from stock options exercised | 0.1 | 0.9 | 0.4 | 2.2 | ||||||||||||
| Purchase of noncontrolling interest | — | — | (0.2 | ) | — | |||||||||||
| Payment of tax withholding on equity awards vested | (0.1 | ) | (0.1 | ) | (3.1 | ) | (5.9 | ) | ||||||||
| Debt issuance costs | (1.5 | ) | (3.5 | ) | (3.5 | ) | (4.3 | ) | ||||||||
| Repayment of short-term debt | (7.7 | ) | — | (122.8 | ) | — | ||||||||||
| Proceeds from revolving credit facility | 156.9 | 36.5 | 316.3 | 384.5 | ||||||||||||
| Repayments of revolving credit facility | (108.0 | ) | (71.5 | ) | (209.0 | ) | (413.5 | ) | ||||||||
| Proceeds from term loan | 57.6 | — | 424.5 | 400.4 | ||||||||||||
| Repayment of term loan | (164.9 | ) | (4.1 | ) | (277.3 | ) | (40.9 | ) | ||||||||
| Finance lease repayments | — | — | (1.9 | ) | — | |||||||||||
| Total (used for) provided by financing activities | $ | (78.0 | ) | $ | (51.5 | ) | $ | 92.3 | $ | 293.3 | ||||||
| Effect of exchange rates on cash, cash equivalents and restricted cash | 0.2 | (0.1 | ) | (3.8 | ) | 15.1 | ||||||||||
| Increase in cash, cash equivalents and restricted cash | 20.1 | 30.3 | 15.0 | 21.4 | ||||||||||||
| Cash, cash equivalents and restricted cash at beginning of period | 241.1 | 164.5 | 246.2 | 173.4 | ||||||||||||
| Cash, cash equivalents and restricted cash at end of period | $ | 261.2 | $ | 194.8 | $ | 261.2 | $ | 194.8 | ||||||||
| CRANE NXT, CO. AND SUBSIDIARIES Order Backlog (unaudited, in millions) | ||||||||||||||||||||
| September 30, 2026 | June 30, 2026 | March 31, 2026 | December 31, 2025 | September 30, 2025 | ||||||||||||||||
| Security and Authentication Technologies | $ | 481.6 | $ | 498.1 | $ | 428.5 | $ | 379.4 | $ | 447.6 | ||||||||||
| Detection and Traceability Technologies1 | $ | 233.9 | $ | 257.4 | $ | 220.8 | $ | 113.4 | $ | 109.4 | ||||||||||
| Total backlog | $ | 715.5 | $ | 755.5 | $ | 649.3 | $ | 492.8 | $ | 557.0 | ||||||||||
| 1 Includes approximately | ||||||||||||||||||||
| CRANE NXT, CO. AND SUBSIDIARIES Sales Growth (unaudited, in millions) | |||||||||||||||
| Three Months Ended September 30, | Change | ||||||||||||||
| (dollars in millions) | 2026 | 2025 | $ | % | |||||||||||
| Total Crane NXT Net Sales | $ | 497.1 | $ | 445.1 | $ | 52.0 | 11.7 | % | |||||||
| Organic sales | 4.9 | 1.1 | % | ||||||||||||
| Acquisitions | 50.0 | 11.2 | % | ||||||||||||
| Foreign exchange | (2.9 | ) | (0.6 | )% | |||||||||||
| Security and Authentication Technologies Net Sales | $ | 243.5 | $ | 228.8 | $ | 14.7 | 6.4 | % | |||||||
| Organic sales | 16.4 | 7.2 | % | ||||||||||||
| Foreign exchange | (1.7 | ) | (0.8 | )% | |||||||||||
| Detection and Traceability Technologies Net Sales | $ | 253.6 | $ | 216.3 | $ | 37.3 | 17.2 | % | |||||||
| Organic sales | (11.5 | ) | (5.3 | )% | |||||||||||
| Acquisitions | 50.0 | 23.1 | % | ||||||||||||
| Foreign exchange | (1.2 | ) | (0.6 | )% | |||||||||||
* Please see the Non-GAAP Financial Measures definitions in this release | |||||||||||||||
| CRANE NXT, CO. AND SUBSIDIARIES Non-GAAP Financial Measures (unaudited, in millions, except per share data) | ||||||||||||||||
| Three Months Ended September 30, | ||||||||||||||||
| 2026 | 2025 | |||||||||||||||
| $ | Per Share | $ | Per Share | |||||||||||||
| Net sales (GAAP) | $ | 497.1 | $ | 445.1 | ||||||||||||
| Operating profit (GAAP) | $ | 65.7 | $ | 81.9 | ||||||||||||
| Operating profit margin (GAAP) | 13.2 | % | 18.4 | % | ||||||||||||
| Adjusted Net Income and Adjusted Net Income per Share* | ||||||||||||||||
| Net income attributable to common shareholders (GAAP) | $ | 38.4 | $ | 0.66 | $ | 50.5 | $ | 0.87 | ||||||||
| Acquired intangible asset amortization | 25.6 | 0.44 | 16.0 | 0.28 | ||||||||||||
| Restructuring and related costs | 6.2 | 0.11 | 3.5 | 0.06 | ||||||||||||
| Transaction related expenses | 5.1 | 0.09 | 6.1 | 0.10 | ||||||||||||
| Acquisition related adjustments1 | 9.9 | 0.17 | 2.5 | 0.04 | ||||||||||||
| Tax adjustments | (11.1 | ) | (0.19 | ) | (4.5 | ) | (0.08 | ) | ||||||||
| Adjusted net income (Non-GAAP) | $ | 74.1 | $ | 1.28 | $ | 74.1 | $ | 1.28 | ||||||||
| Adjusted EBITDA and Adjusted EBITDA margin* | ||||||||||||||||
| Net income attributable to common shareholders (GAAP) | $ | 38.4 | $ | 50.5 | ||||||||||||
| Net income margin (GAAP) | 7.7 | % | 11.3 | % | ||||||||||||
| Adjustments to net income attributable to common shareholders | ||||||||||||||||
| Income tax expense | 10.1 | 15.7 | ||||||||||||||
| Intangible asset amortization | 26.2 | 16.2 | ||||||||||||||
| Interest expense, net | 19.6 | 15.9 | ||||||||||||||
| Depreciation | 11.7 | 12.0 | ||||||||||||||
| Transaction related expenses | 5.1 | 6.1 | ||||||||||||||
| Acquisition related adjustments1 | 9.9 | 2.5 | ||||||||||||||
| Restructuring and related costs | 6.2 | 3.5 | ||||||||||||||
| Adjusted EBITDA (Non-GAAP) | $ | 127.2 | $ | 122.4 | ||||||||||||
| Adjusted EBITDA Margin (Non-GAAP) | 25.6 | % | 27.5 | % | ||||||||||||
| Totals may not sum due to rounding | ||||||||||||||||
| * Please see the Non-GAAP Financial Measures definitions in this release | ||||||||||||||||
| 1 The | ||||||||||||||||
| CRANE NXT, CO. AND SUBSIDIARIES Non-GAAP Financial Measures (unaudited, in millions, except per share data) | ||||||||||||||||
| Nine Months Ended September 30, | ||||||||||||||||
| 2026 | 2025 | |||||||||||||||
| $ | Per Share | $ | Per Share | |||||||||||||
| Net sales (GAAP) | $ | 1,378.0 | $ | 1,179.8 | ||||||||||||
| Operating profit (GAAP) | $ | 156.8 | $ | 167.1 | ||||||||||||
| Operating profit margin (GAAP) | 11.4 | % | 14.2 | % | ||||||||||||
| Adjusted Net Income and Adjusted Net Income per Share* | ||||||||||||||||
| Net income attributable to common shareholders (GAAP) | $ | 80.2 | $ | 1.38 | $ | 97.1 | $ | 1.68 | ||||||||
| Acquired intangible asset amortization | 65.5 | 1.13 | 42.2 | 0.73 | ||||||||||||
| Restructuring and related costs | 12.9 | 0.22 | 10.8 | 0.19 | ||||||||||||
| Transaction related expenses | 19.8 | 0.34 | 19.2 | 0.33 | ||||||||||||
| Acquisition related adjustments1 | 19.3 | 0.33 | 5.7 | 0.10 | ||||||||||||
| Tax adjustments | (25.0 | ) | (0.43 | ) | (13.5 | ) | (0.23 | ) | ||||||||
| Adjusted net income (Non-GAAP) | $ | 172.7 | $ | 2.97 | $ | 161.5 | $ | 2.79 | ||||||||
| Adjusted EBITDA and Adjusted EBITDA margin* | ||||||||||||||||
| Net income attributable to common shareholders (GAAP) | $ | 80.2 | $ | 97.1 | ||||||||||||
| Net income margin (GAAP) | 5.8 | % | 8.2 | % | ||||||||||||
| Adjustments to net income attributable to common shareholders | ||||||||||||||||
| Income tax expense | 24.2 | 29.9 | ||||||||||||||
| Intangible asset amortization | 67.2 | 43.2 | ||||||||||||||
| Interest expense, net | 57.7 | 43.4 | ||||||||||||||
| Depreciation | 36.1 | 32.1 | ||||||||||||||
| Transaction related expenses | 19.8 | 19.2 | ||||||||||||||
| Acquisition related adjustments1 | 19.3 | 5.7 | ||||||||||||||
| Restructuring and related costs | 12.9 | 10.8 | ||||||||||||||
| Adjusted EBITDA (Non-GAAP) | $ | 317.4 | $ | 281.4 | ||||||||||||
| Adjusted EBITDA Margin (Non-GAAP) | 23.0 | % | 23.9 | % | ||||||||||||
| Totals may not sum due to rounding | ||||||||||||||||
| * Please see the Non-GAAP Financial Measures definitions in this release | ||||||||||||||||
| 1 The | ||||||||||||||||
| CRANE NXT, CO. AND SUBSIDIARIES Non-GAAP Financial Measures by Segment (unaudited, in millions) | ||||||||||||||||||||
| Three Months Ended September 30, 2026 | SAT | DTT | Total Segment | Corporate | Total Company | |||||||||||||||
| Net sales | $ | 243.5 | $ | 253.6 | $ | 497.1 | $ | — | $ | 497.1 | ||||||||||
| Operating profit (loss) (GAAP) | $ | 46.1 | $ | 35.7 | $ | 81.8 | $ | (16.1 | ) | $ | 65.7 | |||||||||
| Operating profit margin (GAAP) | 18.9 | % | 14.1 | % | 16.5 | % | 13.2 | % | ||||||||||||
| Special items impacting operating profit: | ||||||||||||||||||||
| Acquired intangible asset amortization | 9.6 | 16.0 | 25.6 | — | 25.6 | |||||||||||||||
| Restructuring and related costs | 6.2 | — | 6.2 | — | 6.2 | |||||||||||||||
| Acquisition related adjustments | 0.2 | 10.9 | 11.1 | — | 11.1 | |||||||||||||||
| Transaction related expenses | 0.5 | 3.3 | 3.8 | 1.3 | 5.1 | |||||||||||||||
| Adjusted operating profit (loss) (non-GAAP)* | $ | 62.6 | $ | 65.9 | $ | 128.5 | $ | (14.8 | ) | $ | 113.7 | |||||||||
| Adjusted operating profit margin (non-GAAP)* | 25.7 | % | 26.0 | % | 25.9 | % | 22.9 | % | ||||||||||||
| Depreciation and amortization1 | 10.2 | 2.1 | 12.3 | 0.1 | 12.4 | |||||||||||||||
| Non-operating (expense) income | (1.8 | ) | 3.1 | 1.3 | (0.2 | ) | 1.1 | |||||||||||||
| Adjusted EBITDA (non-GAAP)* | $ | 71.0 | $ | 71.1 | $ | 142.1 | $ | (14.9 | ) | $ | 127.2 | |||||||||
| Adjusted EBITDA margin (non-GAAP)* | 29.2 | % | 28.0 | % | 28.6 | % | 25.6 | % | ||||||||||||
| Three Months Ended September 30, 2025 | SAT | DTT | Total Segment | Corporate | Total Company | |||||||||||||||
| Net sales (GAAP) | $ | 228.8 | $ | 216.3 | $ | 445.1 | $ | — | $ | 445.1 | ||||||||||
| Operating profit (loss) (GAAP)* | $ | 39.3 | $ | 60.7 | $ | 100.0 | $ | (18.1 | ) | $ | 81.9 | |||||||||
| Operating profit margin (GAAP)* | 17.2 | % | 28.1 | % | 22.5 | % | 18.4 | % | ||||||||||||
| Special items impacting operating profit: | ||||||||||||||||||||
| Acquired intangible asset amortization | 10.6 | 5.4 | 16.0 | — | 16.0 | |||||||||||||||
| Restructuring and related costs | 2.4 | 1.1 | 3.5 | — | 3.5 | |||||||||||||||
| Acquisition related adjustments | 2.5 | — | 2.5 | — | 2.5 | |||||||||||||||
| Transaction related expenses | 1.0 | — | 1.0 | 5.1 | 6.1 | |||||||||||||||
| Adjusted operating profit (loss) (non-GAAP)* | $ | 55.8 | $ | 67.2 | $ | 123.0 | $ | (13.0 | ) | $ | 110.0 | |||||||||
| Adjusted operating profit margin (non-GAAP)* | 24.4 | % | 31.1 | % | 27.6 | % | 24.7 | % | ||||||||||||
| Depreciation and amortization1 | 10.0 | 2.1 | 12.1 | 0.1 | 12.2 | |||||||||||||||
| Non-operating income | (0.4 | ) | 0.5 | 0.1 | 0.1 | 0.2 | ||||||||||||||
| Adjusted EBITDA (non-GAAP)* | $ | 65.4 | $ | 69.8 | $ | 135.2 | $ | (12.8 | ) | $ | 122.4 | |||||||||
| Adjusted EBITDA margin (non-GAAP)* | 28.6 | % | 32.3 | % | 30.4 | % | 27.5 | % | ||||||||||||
* Please see the Non-GAAP Financial Measures definitions in this release | ||||||||||||||||||||
| 1 Excludes depreciation and amortization associated with acquisition-related fair value step-ups. | ||||||||||||||||||||
| CRANE NXT, CO. AND SUBSIDIARIES Non-GAAP Financial Measures by Segment (unaudited, in millions) | ||||||||||||||||||||
| Nine Months Ended September 30, 2026 | SAT | DTT | Total Segment | Corporate | Total Company | |||||||||||||||
| Net sales | $ | 663.0 | $ | 715.0 | $ | 1,378.0 | $ | — | $ | 1,378.0 | ||||||||||
| Operating profit (loss) (GAAP) | $ | 100.1 | $ | 111.1 | $ | 211.2 | $ | (54.4 | ) | $ | 156.8 | |||||||||
| Operating profit margin (GAAP) | 15.1 | % | 15.5 | % | 15.3 | % | 11.4 | % | ||||||||||||
| Special items impacting operating profit: | ||||||||||||||||||||
| Acquired intangible asset amortization | 29.7 | 35.8 | 65.5 | — | 65.5 | |||||||||||||||
| Restructuring and related costs | 9.6 | 3.3 | 12.9 | — | 12.9 | |||||||||||||||
| Acquisition related adjustments | 0.7 | 24.7 | 25.4 | — | 25.4 | |||||||||||||||
| Transaction related expenses | 1.4 | 8.5 | 9.9 | 9.9 | 19.8 | |||||||||||||||
| Adjusted operating profit (loss) (non-GAAP)* | $ | 141.5 | $ | 183.4 | $ | 324.9 | $ | (44.5 | ) | $ | 280.4 | |||||||||
| Adjusted operating profit margin (non-GAAP)* | 21.3 | % | 25.7 | % | 23.6 | % | 20.3 | % | ||||||||||||
| Depreciation and amortization1 | 30.7 | 7.0 | 37.7 | 0.2 | 37.9 | |||||||||||||||
| Non-operating (expense) income | (3.8 | ) | 2.9 | (0.9 | ) | — | (0.9 | ) | ||||||||||||
| Adjusted EBITDA (non-GAAP)* | $ | 168.4 | $ | 193.3 | $ | 361.7 | $ | (44.3 | ) | $ | 317.4 | |||||||||
| Adjusted EBITDA margin (non-GAAP)* | 25.4 | % | 27.0 | % | 26.3 | % | 23.0 | % | ||||||||||||
| Nine Months Ended September 30, 2025 | SAT | DTT | Total Segment | Corporate | Total Company | |||||||||||||||
| Net sales | $ | 549.2 | $ | 630.6 | $ | 1,179.8 | $ | — | $ | 1,179.8 | ||||||||||
| Operating profit (loss) (GAAP) | $ | 59.7 | $ | 159.4 | $ | 219.1 | $ | (52.0 | ) | $ | 167.1 | |||||||||
| Operating profit margin (GAAP) | 10.9 | % | 25.3 | % | 18.6 | % | 14.2 | % | ||||||||||||
| Special items impacting operating profit: | ||||||||||||||||||||
| Acquired intangible asset amortization | 26.1 | 16.1 | 42.2 | — | 42.2 | |||||||||||||||
| Restructuring and related costs | 8.5 | 2.3 | 10.8 | — | 10.8 | |||||||||||||||
| Acquisition related adjustments | 5.7 | — | 5.7 | — | 5.7 | |||||||||||||||
| Transaction related expenses | 4.0 | 1.4 | 5.4 | 13.8 | 19.2 | |||||||||||||||
| Adjusted operating profit (loss) (non-GAAP)* | $ | 104.0 | $ | 179.2 | $ | 283.2 | $ | (38.2 | ) | $ | 245.0 | |||||||||
| Adjusted operating profit margin (non-GAAP)* | 18.9 | % | 28.4 | % | 24.0 | % | 20.8 | % | ||||||||||||
| Depreciation and amortization1 | 27.0 | 5.8 | 32.8 | 0.2 | $ | 33.0 | ||||||||||||||
| Non-operating income | 1.5 | 1.3 | 2.8 | 0.6 | 3.4 | |||||||||||||||
| Adjusted EBITDA (non-GAAP)* | $ | 132.5 | $ | 186.3 | $ | 318.8 | $ | (37.4 | ) | $ | 281.4 | |||||||||
| Adjusted EBITDA margin (non-GAAP)* | 24.1 | % | 29.5 | % | 27.0 | % | 23.9 | % | ||||||||||||
* Please see the Non-GAAP Financial Measures definitions in this release 1 Excludes depreciation and amortization associated with acquisition-related fair value step-ups. | ||||||||||||||||||||
| CRANE NXT, CO. AND SUBSIDIARIES Free Cash Flow and Adjusted Free Cash Flow (unaudited, in millions) | ||||||||||||||||
| Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||||||
| Cash Flow Items | 2026 | 2025 | 2026 | 2025 | ||||||||||||
| Cash provided by operating activities (GAAP) | $ | 111.8 | $ | 92.0 | $ | 184.5 | $ | 135.7 | ||||||||
| Less: Capital expenditures | (21.6 | ) | (13.3 | ) | (45.0 | ) | (33.4 | ) | ||||||||
| Free cash flow | $ | 90.2 | $ | 78.7 | $ | 139.5 | $ | 102.3 | ||||||||
| Transaction related expenses1 | 7.5 | 6.6 | 18.7 | 19.9 | ||||||||||||
| Adjusted free cash flow (non-GAAP) | $ | 97.7 | $ | 85.3 | $ | 158.2 | $ | 122.2 | ||||||||
| Adjusted net income (non-GAAP)* | $ | 74.1 | $ | 74.1 | $ | 172.7 | $ | 161.5 | ||||||||
| Adjusted free cash flow conversion (non-GAAP) | 131.8 | % | 115.1 | % | 91.6 | % | 75.7 | % | ||||||||
1 Represents cash paid for transaction related expenses. | ||||||||||||||||
| * Please see the Non-GAAP Financial Measures tables in this release. | ||||||||||||||||
| Net Leverage Ratio (unaudited, in millions, except net leverage ratio) | ||||
| September 30, 2026 | ||||
| Total debt (excluding deferred financing costs of | $ | 1,412.6 | ||
| Less: Cash and cash equivalents | (251.1 | ) | ||
| Net debt | $ | 1,161.5 | ||
| TTM Adjusted EBITDA (non-GAAP)* | $ | 460.3 | ||
| Net leverage ratio | 2.5 | |||
* The TTM Adjusted EBITDA includes Antares Vision for periods prior to the acquisition on March 31, 2026. Please refer to the Non-GAAP Financial Measures tables in prior quarter releases and in this release. | ||||
Crane NXT reports its financial results in accordance with U.S. generally accepted accounting principles (“GAAP”). This press release includes certain non-GAAP financial measures, including Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EPS, Adjusted net income, Adjusted operating profit, free cash flow, Adjusted free cash flow, Adjusted free cash flow conversion, net leverage ratio, and organic sales that are not prepared in accordance with GAAP. These non-GAAP measures are in addition, and not a substitute for or superior, to measures of financial performance prepared in accordance with GAAP and should not be considered as an alternative to operating income, net income or any other performance measures derived in accordance with GAAP. The Company's management believes that these non-GAAP measures of financial results (including on a forward-looking or projected basis) provide useful supplemental information to investors about Crane NXT. However, there are a number of limitations related to the use of these non-GAAP measures and their nearest GAAP equivalents. For example, other companies may calculate non-GAAP measures differently or may use other measures to calculate their financial performance, and therefore the Company's non-GAAP measures may not be directly comparable to similarly titled measures of other companies.
"Special items" are items that are not incurred in all periods, the size of these items is difficult to predict, and none of these items are indicative of the operations of the underlying businesses. Management believes that non-GAAP financial measures that exclude these items provide investors with an alternative metric that can assist in predicting future earnings and profitability that are complementary to GAAP metrics. Special items consist of:
- Transaction related expenses including acquisition and divestiture related expenses such as incremental professional fees associated with transaction closing and integration of acquisitions.
- Acquired intangible asset amortization.
- Acquisition related adjustments primarily reflect purchase accounting adjustments arising from acquisitions, including fair value step‑ups (such as the amortization of acquisition‑related inventory). These adjustments include the fair value remeasurement of the Company’s equity‑method investment in Antares Vision as of the acquisition date, as well as stock‑based compensation issued to Antares Vision senior management in connection with the acquisition, and debt extinguishment costs related to the early repayment of assumed debt.
- Restructuring and related costs are predominantly related to severance charges associated with the integration of the DLR and OpSec businesses, and the alignment of DTT's cost structure with existing economic conditions. These costs include formal restructuring programs as well as other discrete actions. Certain costs included in this adjustment are not reported as restructuring charges in the GAAP results due to their immateriality.
Reconciliations of certain forward-looking and projected non-GAAP measures, including Adjusted segment EBITDA margin and Adjusted EPS, to the closest corresponding GAAP measure are not available without unreasonable efforts due to the high variability, complexity and low visibility with respect to the charges excluded from these non-GAAP measures, which could have a potentially significant impact on Crane NXT's future GAAP results. Crane NXT calculates Adjusted segment EBITDA margin and Adjusted EPS as described below.
- "Adjusted Segment EBITDA" excludes net interest expense, tax expense and depreciation and amortization expense from net income, as well as special items. "Adjusted segment EBITDA margin" is calculated as Adjusted segment EBITDA divided by sales.
- "Adjusted EPS" is calculated as Adjusted net income divided by diluted shares. Adjusted net income is calculated as net income excluding special items, the tax effect of these adjustments and other discrete tax items.
The Company's management believes that each of the following non-GAAP measures provides useful information to investors regarding the Company’s financial conditions and operations:
- "Adjusted net income" and "Adjusted EPS" exclude special items, the tax effect of these adjustments and other discrete tax items which are outside of the Company's underlying business performance, some of which may or may not be non-recurring, and which management believes may complicate the presentation of the Company’s underlying earnings and operational performance.
- “Free cash flow,” “Adjusted free cash flow” and "Adjusted free cash flow conversion” provide supplemental information to assist management and investors in analyzing the Company’s ability to generate liquidity from its operating activities. The measure of free cash flow does not take into consideration certain other non-discretionary cash requirements such as, for example, mandatory principal payments on the Company’s long-term debt. Free cash flow is calculated as cash provided by operating activities less capital expenditures. Adjusted free cash flow is calculated as free cash flow adjusted for certain cash items which management believes may complicate the interpretation of the Company’s underlying free cash flow performance such as certain transaction related cash flow items. Adjusted free cash flow conversion is calculated as Adjusted free cash flow divided by Adjusted net income. These items are not incurred in all periods, the size of these items is difficult to predict, and none of these items are indicative of the operations of the underlying businesses. Management believes that non-GAAP financial measures that exclude these items provide investors with an alternative metric that can assist in predicting future cash flows that are complementary to GAAP metrics.
- "Adjusted EBITDA" and "Adjusted EBITDA margin" exclude net interest expense, tax expense, depreciation and amortization expense and special items. "Adjusted operating profit (loss)" excludes special items described above that impact operating profit. Management believes that non-GAAP financial measures that exclude these items provide investors with an alternative metric that can assist in predicting future earnings and profitability that are complementary to GAAP metrics.
- "Net leverage ratio" refers to Net debt divided by trailing twelve months (TTM) Adjusted EBITDA. "Net debt" represents total debt (excluding deferred financing costs), including acquired debt from Antares Vision acquisition, less cash and cash equivalents. The TTM Adjusted EBITDA includes the Antares Vision TTM Adjusted EBITDA for periods prior to the acquisition. Management believes that these non-GAAP financial measures provide useful information about our ability to satisfy our debt obligations.
- References to "organic," such as "organic sales", "organic Adjusted EBITDA" exclude currency effects and, where applicable, the first-year impacts of acquisitions and divestitures. Management believes that non-GAAP financial measures that exclude these items provide investors with an alternative metric that can assist in identifying underlying growth trends in our business and facilitate comparison of our sales performance, for example, with prior and future periods that are complementary to GAAP metrics.
Contact:
John Walsh
Vice President, Investor Relations
john.walsh@cranenxt.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is Crane NXT’s updated full-year 2026 outlook?
Crane NXT expects adjusted earnings per share of $4.32–$4.42 and approximately 14% sales growth. The previous ranges were $4.22–$4.42 and 15%–17%, respectively. Adjusted EBITDA margin guidance remains approximately 24%, and adjusted free cash flow conversion guidance remains approximately 90%–110%.
When will Crane NXT pay its fourth-quarter 2026 dividend?
Crane NXT’s quarterly dividend of $0.18 per share is payable on December 9, 2026, to shareholders of record as of November 30, 2026.
How much of Crane NXT’s September 2026 backlog came from Antares Vision?
Detection and Traceability Technologies backlog included approximately $125 million pertaining to Antares Vision, acquired in March 2026. The segment’s total backlog was $233.9 million as of September 30, 2026.