Filing Flows › Crane (CR) › Q1 2026
Crane (CR) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Crane (CR) reported revenue of $696M for the first quarter 2026 (Q1 2026), +25% from a year earlier and +20% from the quarter before. Operating margin was 14.4%, net earnings $67.1M (9.6% of revenue).
Crane, Q1 2026: revenue $696M (+25% year over year), operating margin 14.4%, net earnings $67.1M, operating cash flow −$29.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $696M | +20% | +25% |
| Operating profit | $100M | -2% | -1% |
| Net earnings | $67.1M | -18% | -37% |
| Operating cash flow | −$29.5M | -114% | — |
What changed
Revenue was $696.4M in Q1 2026, up 25% year over year and up 20% from the previous quarter. Process Flow Technologies was the largest line at 54% of revenue. Process Flow Technologies added $69.4M year over year (up 22%), 50% of the total change.
Operating profit was $100.1M, a 14.4% margin (down 3.8 points year over year). Operating profit fell $1.0M even though revenue rose $138.8M versus Q1 2025, so costs grew faster than sales. Total costs grew 31% against revenue growth of 25%. The fastest-growing cost line was Cost of revenue (+30%). Net earnings were $67.1M, down 37% year over year. The effective tax rate was 21.2%.
Operating cash flow was −$29.5M. Non-cash charges added back $28.1M of depreciation and amortization and $8.4M of share-based compensation. Working capital and other items used $133.1M. Capital expenditures of $10.7M exceeded it, leaving free cash flow of −$40.2M.
Questions
What was Crane's revenue in the first quarter 2026?
Crane (CR) reported revenue of $696M for the first quarter 2026 (Q1 2026), +25% from a year earlier and +20% from the quarter before.
Was Crane profitable in the first quarter 2026?
Operating profit was $100M (14.4% of revenue) and net earnings $67.1M.
Source: Crane 10-Q on SEC EDGAR.