Crane NXT, Co. income statement
In fiscal 2025, Crane NXT, Co. reported revenue of $1.66bn, up 11.4% on the year before, operating income of $247m (a 14.9% margin) and net income of $145m, or $2.50 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,196 | 2,179 | 2,500 | 2,579 | 2,595 | 2,925 | 2,741 | 2,748 | 2,786 | 3,346 | 3,075 | 2,937 | 3,408 | 3,375 | 1,391 | 1,487 | 1,657 | 1,803 |
| Cost of revenue | 1,466 | 1,437 | 1,653 | 1,710 | 1,712 | 1,909 | 1,786 | 1,758 | 1,771 | 2,156 | 1,942 | 1,931 | 746 | 714 | 737 | 822 | 953 | 1,044 |
| Gross profit | 730 | 745 | 847 | 869 | 884 | 1,016 | 954 | 990 | 1,015 | 1,189 | 1,179 | 965 | 1,241 | 2,661 | 654 | 665 | 704 | 759 |
| Research and development | 99 | 66 | 64 | 67 | 53 | 68 | 63 | 62 | 59 | 89 | 74 | 75 | 33 | 34 | 43 | 40 | 46 | — |
| Selling, general and administrative | 517 | 502 | 539 | 540 | 536 | 605 | 567 | 611 | 606 | 712 | 679 | 698 | 323 | 319 | 367 | 386 | 440 | 491 |
| Operating income | 208 | 233 | 37 | 310 | 348 | 316 | 373 | 187 | 388 | 441 | 183 | 263 | 279 | 301 | 287 | 269 | 247 | 253 |
| Interest expense | 27 | 27 | 26 | 27 | 27 | 39 | 38 | 37 | 36 | 51 | 47 | 55 | 47 | 52 | — | — | — | — |
| Provision for credit losses | — | 4 | 6 | 6 | 2 | 4 | 3 | 6 | 2 | 1 | — | — | — | — | — | — | — | — |
| Income before tax | 185 | 209 | 15 | 285 | 326 | 281 | 337 | 164 | 368 | 411 | 144 | 225 | 226 | 248 | 240 | 226 | 181 | 177 |
| Income tax | 51 | 56 | −8 | 88 | 105 | 88 | 107 | 40 | 195 | 76 | 31 | 43 | 48 | 43 | 52 | 42 | 36 | 36 |
| Net income | 134 | 154 | 26 | 217 | 193 | 193 | 229 | 123 | 172 | 336 | 133 | 181 | 178 | 205 | 188 | 184 | 145 | 140 |
| Diluted EPS | $2.28 | $2.59 | $0.44 | $3.72 | $3.73 | $3.23 | $3.89 | $2.07 | $2.84 | $5.50 | $2.20 | $3.08 | $3.14 | $3.61 | $3.28 | $3.19 | $2.50 | $2.42 |
| Diluted shares (average) | 59m | 60m | 59m | 58m | 59m | 60m | 59m | 59m | 60m | 61m | 61m | 59m | 57m | 57m | 58m | 58m | 58m | 58m |
| EBITDA | 266 | 293 | 100 | 368 | 424 | 392 | 440 | 254 | 461 | 561 | 291 | 390 | 361 | 380 | 364 | 356 | 353 | 379 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 404 | 399 | 330 | 404 | 445 | 477 | 388 | 493 |
| Cost of revenue | 232 | 219 | 190 | 236 | 253 | 275 | 232 | 285 |
| Gross profit | 171 | 181 | 140 | 169 | 193 | 202 | 156 | 209 |
| Selling, general and administrative | 96 | 102 | 103 | 114 | 107 | 117 | 131 | 136 |
| Operating income | 75 | 71 | 37 | 48 | 82 | 80 | 22 | 69 |
| Interest expense | 13 | — | 12 | 16 | 16 | — | 18 | 21 |
| Income before tax | 63 | 61 | 28 | 33 | 67 | 54 | 9 | 48 |
| Income tax | 16 | 3 | 6 | 8 | 16 | 6 | 2 | 12 |
| Net income | 47 | 58 | 22 | 25 | 51 | 48 | 6 | 35 |
| Diluted EPS | $0.81 | $1.00 | $0.38 | $0.43 | $0.87 | $0.82 | $0.11 | $0.61 |
| EBITDA | 100 | 94 | 59 | 75 | 111 | 109 | 52 | 108 |
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