Crane NXT Q1 sales up 17% to $388 million; GAAP EPS falls to $0.11
Crane NXT reported first quarter 2026 net sales of $387.7 million, up 17.4% year over year, with GAAP net income down 70.5% to $6.4 million. The company raised its full year 2026 sales growth guidance to 15% to 17% to include the Antares Vision acquisition, which closed March 31, 2026, while keeping Adjusted EPS guidance at $4.10 to $4.40.
Key points
- Net sales were $387.7 million, up 17.4%, with organic sales growth of 6%; the Antares Vision acquisition closed March 31, 2026 for approximately €362 million in cash.
- GAAP EPS was $0.11 versus $0.38 a year earlier; Adjusted EPS was $0.60 versus $0.54.
- Full year 2026 sales growth guidance was raised to +15% to +17% from +4% to +6%; Adjusted EPS guidance of $4.10 to $4.40 was maintained.
- Non-operating expense guidance was raised to about $85 million from about $60 million; a quarterly dividend of $0.18 per share is payable June 10, 2026.
The filing
Written by AI on Nov 8, 2026, 1:39 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.