--- title: "Crane NXT | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 493.2 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295015877.md" datetime: "2026-08-05T21:06:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295015877.md) - [en](https://longbridge.com/en/news/295015877.md) - [zh-HK](https://longbridge.com/zh-HK/news/295015877.md) generator: "portal-rs" --- # Crane NXT | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 493.2 M Revenue: As of FY2026 Q2, the actual value is USD 493.2 M, beating the estimate of USD 489.08 M. EPS: As of FY2026 Q2, the actual value is USD 0.61, missing the estimate of USD 0.8673. EBIT: As of FY2026 Q2, the actual value is USD 68.9 M. ### Second Quarter 2026 Financial Highlights Crane NXT, Co. reported total sales of $493 million, an increase of 22% year-over-year, with organic sales growth of 3%. Net income attributable to common shareholders was $35.4 million, up 42.2% from $24.9 million in Q2 2025, resulting in a GAAP net income margin of 7.2%, which is a 100 basis point improvement from 6.2% in the prior year period. Adjusted EBITDA for the quarter was $115.5 million, an 18.0% increase from $97.9 million in Q2 2025, though the Adjusted EBITDA margin decreased by 80 basis points to 23.4% from 24.2% in Q2 2025. Cash from operations was $86.7 million, and free cash flow was $73.4 million, compared to $55.8 million in Q2 2025. Adjusted free cash flow was $79.4 million, with an Adjusted free cash flow conversion of 124%. ### Six Months Ended June 30, 2026 Financial Highlights For the six months ended June 30, 2026, total net sales were $880.9 million, an increase from $734.7 million in the prior year period. Net income attributable to common shareholders was $41.8 million, compared to $46.6 million in the prior year period, with the GAAP net income margin decreasing to 4.7% from 6.3% in the prior year period. Adjusted EBITDA was $190.2 million, up from $159.0 million in the prior year period, maintaining an Adjusted EBITDA margin of 21.6%. Cash provided by operating activities totaled $72.7 million, up from $43.7 million in the prior year period. Free cash flow was $49.3 million, compared to $23.6 million in the prior year period, and Adjusted free cash flow was $60.5 million, with an Adjusted free cash flow conversion of 61.4%. ### Segment Performance (Three Months Ended June 30, 2026) - **Security and Authentication Technologies (SAT)**: Net sales were $226.7 million, up 17.5% year-over-year, with organic sales growth of 9.6%. Operating profit increased by 116.1% to $38.9 million from $18.0 million in Q2 2025, leading to an operating profit margin of 17.2%, an increase of 790 basis points. Adjusted EBITDA was $58.8 million, up 19.0% year-over-year, with an Adjusted EBITDA margin of 25.9%. - **Detection and Traceability Technologies (DTT)**: Net sales were $266.5 million, up 26.1% year-over-year, though organic sales decreased by -3.4%. Operating profit was $44.0 million, a -10.2% decrease from $49.0 million in Q2 2025, resulting in an operating profit margin of 16.5%, a decrease of -670 basis points. Adjusted EBITDA was $70.4 million, up 18.7% year-over-year, with an Adjusted EBITDA margin of 26.4%. ### Balance Sheet (as of June 30, 2026) Cash and Cash Equivalents stood at $231.4 million, down from $233.8 million at December 31, 2025. Total Current Assets increased to $980.5 million from $852.9 million at December 31, 2025, and Total Assets rose to $3,595.1 million from $3,116.4 million. Total Current Liabilities were $692.8 million, up from $569.1 million at December 31, 2025. Long-term Debt increased to $1,260.0 million from $1,004.4 million at December 31, 2025, resulting in Net Debt of $1,252.6 million and a Net Leverage Ratio of 2.7x. ### Order Backlog (as of June 30, 2026) The Security and Authentication Technologies segment reported an order backlog of $498.1 million, up from $447.2 million at June 30, 2025. The Detection and Traceability Technologies segment had an order backlog of $257.4 million, up from $144.4 million at June 30, 2025, including $124.7 million from the Antares Vision business acquired in March 2026. The total backlog for Crane NXT, Co. was $755.5 million, an increase from $591.6 million at June 30, 2025. ### Full Year 2026 Guidance Crane NXT, Co. updated its full-year Adjusted EPS guidance to a range of $4.22 to $4.42, an increase from the previous range of $4.10 to $4.40. The company maintained its total sales growth guidance of +15% to +17% and Adjusted EBITDA margin guidance of approximately 24%. The SAT segment sales growth guidance was updated to approximately HSD (High Single Digit) to approximately LDD (Low Double Digit), while DTT segment sales growth guidance remained in the low 20s%. ### Related Stocks - [CXT.US](https://longbridge.com/en/quote/CXT.US.md) ## Related News & Research - [Crane NXT Q2 Adjusted EPS beats estimates, raises outlook](https://longbridge.com/en/news/295009801.md) - [Crane NXT executives join Oppenheimer technology conference fireside chat](https://longbridge.com/en/news/294865783.md) - [Top Brass Make Bold Move With Major Insider Stock Buys at Crane NXT](https://longbridge.com/en/news/289993849.md) - [Crane NXT Q2 2026 Earnings: Acquisitions Drive 22% Sales Growth](https://longbridge.com/en/news/295019026.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**