Crane NXT Reports Third Quarter 2026 Results
Key Highlights
- ➤Q3 sales $497.1 million, up 11.7% year-over-year
- ➤Adjusted EPS $1.28; GAAP EPS $0.66
- ➤Full-year adjusted EPS guidance midpoint raised to $4.37
- ➤Full-year sales growth outlook updated to approximately 14%
- ➤DTT organic sales declined 5.3%; operating profit fell 41.2%
Expert Statements
Aaron W. Saak, President and Chief Executive Officer of Crane NXT
“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.”
Aaron W. Saak, President and Chief Executive Officer of Crane NXT
“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.”
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, up 12% year-over-year; organic sales growth of 1%. * 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 of 132%. * 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.”
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