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Crane (CR) Q2 2025 earnings results (second quarter 2025)

10-Q filed Jul 31, 2025

Crane (CR) reported revenue of $577M for the second quarter 2025 (Q2 2025), +9% from a year earlier and +4% from the quarter before. Operating margin was 17.8%, net earnings $86.4M (15.0% of revenue).

Revenue$577M
Year over year+9%
Quarter over quarter+4%
Operating margin17.8%
Net earnings$86.4M

Crane, Q2 2025: revenue $577M (+9% year over year), operating margin 17.8%, net earnings $86.4M, operating cash flow $105M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$577M+4%+9%
Operating profit$103M+2%+15%
Net earnings$86.4M-19%+21%
Operating cash flow$105M—+105%
Free cash flow$88.9M—+99%

What changed

Revenue was $577.2M in Q2 2025, up 9% year over year and up 4% from the previous quarter. Process Flow Technologies was the largest line at 55% of revenue. Aerospace & Electronics added $27.3M year over year (up 12%), 56% of the total change.

Operating profit was $102.9M, a 17.8% margin (up 0.9 points year over year). Of the extra revenue versus a year earlier, 28% reached operating profit, above the 17% margin then. Net earnings were $86.4M, up 21% year over year. The effective tax rate was 22.0%.

Operating cash flow was $105.0M (up 105% year over year), 122% of net earnings. Non-cash charges added back $13.1M of depreciation and amortization and $10.6M of share-based compensation. Capital expenditures of $16.1M left free cash flow of $88.9M.

Questions

What was Crane's revenue in the second quarter 2025?

Crane (CR) reported revenue of $577M for the second quarter 2025 (Q2 2025), +9% from a year earlier and +4% from the quarter before.

Was Crane profitable in the second quarter 2025?

Operating profit was $103M (17.8% of revenue) and net earnings $86.4M.

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Source: Crane 10-Q on SEC EDGAR.