The financials
Crane NXT, Co. by the numbers
Crane NXT, Co. (CXT) reported revenue of $388M in Q1 2026 (quarter ended March 31, 2026), up 17% from the same quarter a year earlier. That came with a gross margin of 40% and net income of $6.4M (1.7% of revenue). For the full year FY2025, revenue was $1.66B (+11% year on year) and net income $145M. Its largest product in 2026-Q2 was Banknotes And Security Products at $166M, 60% of the disclosed total, just ahead of Authentication Products And Solutions at 22%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $388M | $330M | +17% |
| Gross profit | $156M | $140M | +11% |
| Operating income | $22M | $37M | −40% |
| Net income | $6.4M | $22M | −71% |
| Diluted EPS | $0.11 | $0.38 | −71% |
| Product | Revenue | Share |
|---|---|---|
| Banknotes And Security Products | $166M | 60% |
| Authentication Products And Solutions | $61M | 22% |
| Service | $51M | 18% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $277.9M (+22%)
Service grew +49% year on yearBanknotes And Security Products +15% year on year
Segment Latestquarter on quarteryear on year
- Banknotes And Security Products$165.5M$165.5MQoQ +18%year on year +15%+18%+15%
- Authentication Products And Solutions$61.2M$61.2MQoQ +17%year on year +24%+17%+24%
- Service$51.2M$51.2MQoQ +47%year on year +49%+47%+49%
Specialty Industrial Machinery
Ranks #36 of 44 by Smart Score