Crane NXT, Co. (CXT) Q2 2026 Earnings Call Transcript
Crane NXT, Co. (CXT) Q2 2026 Earnings Call Transcript

Crane NXT, Co. focuses its efforts on developing technologies for payment processing and merchandising. The company supplies integrated electronic hardware and accompanying ...
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$0.70 per share
Est. EPS $1.21 · Revenue $496.76M · 5 analysts
Est. EPS $1.39 · Revenue $544.72M · 4 analysts
Est. EPS $4.30 · Revenue $1.92B · 5 analysts
$0.70 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $1.7B | +11.4% | +27.2% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $145.1M | -21.2% | +453.1% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +42.5% | -5.0% | +5.2% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +15.9% | -12.0% | +52.1% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +8.8% | -29.3% | +334.8% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $198.3M | +17.5% | +304.6% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +12.0% | +5.5% | +260.8% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 90.7% | +18.6% | -5.7% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 1.50x | +31.2% | +6.4% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $3.1B | +30.6% | -1.2% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 2.50 vs 4.05 | -38.3% | 0.61 vs 1.21 | -49.4% |
| Revenue Surprise | $1.7B vs $1.6B | +1.6% | $493.2M vs $496.8M | -0.7% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jun 12, 2026 | Saak Aaron W | director, officer: CEO | COMMON STOCK | A | 24,000 | $42.13 |
| Jun 12, 2026 | Cristiano Christina | officer: SVP, Chief Financial Officer | COMMON STOCK | A | 3,550 | $41.96 |
| May 21, 2026 | TULLIS JAMES L L | director | Deferred Stock Units | A | 448 | — |
| May 21, 2026 | TULLIS JAMES L L | director | Deferred Stock Units | D | 4,654 | — |
| May 21, 2026 | TULLIS JAMES L L | director | COMMON STOCK | A | 4,654 | — |
Operator: Good day. And thank you for standing by. Welcome to the Crane NXT second quarter 26 Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press *11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press *11 again. Please be advised that today's conference call is being recorded. I would now like to hand the conference over to your speaker today, Matt Roache, Vice President, Investor Relations. Please go ahead. Matt Roache: Thank you, operator, and good morning, everyone. To Crane NXT's Second Quarter 26 Earnings Conference Call. Before we begin, I would like to remind you that the presentation slides we will reference today are available in the Investor Relations section of our website at cranenxt.com. A replay of today's call will also be available on our website following the conclusion of our remarks. Before we discuss our results, I encourage all participants to review the legal notice on Slide 2 regarding forward looking statements. Which are subject to risks, uncertainties, and other important factors that may cause actual results to differ materially. Additionally, we refer you to the note on Slide 2 on the use of non GAAP financial measures. I also refer you to the cautionary language included in our earnings release our Form 10-K, and subsequent SEC filings. During today's call, we will discuss certain non GAAP financial measures. Reconciliations of these measures to the most directly comparable GAAP measures can be found in the tables accompanying our earnings release. And slide presentation both of which are available in the Investor Relations section of our website. Joining me today are Aaron W. Saak, our President and Chief Executive Officer Christina Cristiano, our Senior Vice President and Chief Financial Officer. During the call, we will review our second quarter highlights, discuss our financial and operational performance, and provide an update on our 2026 financial guidance. After our prepared remarks, we will open the call for questions. With that, I will turn the call over to Aaron. Aaron W. Saak: Thank you, Matt, and good morning to everyone joining us today to our second quarter results. I would like to begin by thanking our Crane NXT team members around the world for their strong operating performance throughout the quarter. The key message I want to reinforce today is that we are executing against our value creation priorities. Delivering growth building on our leadership positions, and driving operational excellence through organic margin expansion and strong free cash flow. And you can see that progress reflected in our second quarter results on Slide 3. Organic sales grew by ~3% and total sales increased ~22% year over year. Reflecting both continued strong performance in …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Aaron W. Saak | President, Chief Executive Officer & Director | USD 1,871,121 | Male | 1974 | Active |
Samuel Keayes | Senior Vice President of Security & Authentication Technologies | USD 987,099 | Male | 1975 | Active |
Christina Cristiano | Senior Vice President & Chief Financial Officer | USD 973,638 | Female | 1925 | Active |
Paul Gerard Igoe | Senior Vice President, General Counsel & Secretary | USD 905,637 | Male | 1963 | Active |
Kimberly DiMaurizio | Senior Vice President & Chief People Officer | USD 225,052 | Female | 1976 | Active |
Jason Lund | President of Crane Payment Innovations and Group President of Detection & Traceability Technologies | — | Male | — | Active |
Bianca Shardelow | Vice President, Controller & Chief Accounting Officer | — | Female | 1979 | Active |
Hans Lidforss | Senior Vice President of Strategy | — | Male | — | Active |
Matt Roache | Vice President of Investor Relations | — | Male | — | Active |
Aleta W. Richards | President of Crane Currency business | — | — | 1966 | Active |
Michael Mahan | President of Crane Payment Innovations | — | Male | — | Active |
Crane NXT, Co. (CXT) Q2 2026 Earnings Call Transcript

Amundi raised its holdings in Crane (NYSE: CR) by 43.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 40,624 shares of the conglomerate's stock after purchasing an additional 12,217 shares during the quarter. Amundi owned about 0.07% of Crane worth

WALTHAM, Mass., Aug. 05, 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 second quarter ended June 30, 2026.

WALTHAM, Mass., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT), a global leader in authentication and traceability technologies, today announced that Aaron Saak, President and Chief Executive Officer, and Christina Cristiano, Senior Vice President and Chief Financial Officer, will participate in a fireside chat at the Oppenheimer 29th Annual Technology, Internet & Communications Conference on Tuesday, August 11, 2026 at 2:05 p.m. ET.

Gabelli Funds LLC increased its position in Crane NXT, Co. (NYSE: CXT) by 7.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 275,028 shares of the company's stock after acquiring an additional 19,658 shares during the period. Gabelli
