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Crane (CR) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 31, 2026

Crane (CR) reported revenue of $725M for the second quarter 2026 (Q2 2026), +26% from a year earlier and +4% from the quarter before. Operating margin was 19.9%, net earnings $95.9M (13.2% of revenue).

Revenue$725M
Year over year+26%
Quarter over quarter+4%
Operating margin19.9%
Net earnings$95.9M

Crane, Q2 2026: revenue $725M (+26% year over year), operating margin 19.9%, net earnings $95.9M, operating cash flow $122M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$725M+4%+26%
Operating profit$144M+44%+40%
Net earnings$95.9M+43%+11%
Operating cash flow$122M—+16%
Free cash flow$108M—+21%

What changed

Revenue was $724.7M in Q2 2026, up 26% year over year and up 4% from the previous quarter. Process Flow Technologies was the largest line at 53% of revenue. Aerospace & Advanced Technologies added $80.9M year over year (up 31%), 55% of the total change.

Operating profit was $144.3M, a 19.9% margin (up 2.1 points year over year). Of the extra revenue versus Q2 2025, 28% reached operating profit, above the 18% margin then. Total costs grew 22% against revenue growth of 26%. The fastest-growing cost line was Cost of revenue (+25%). Net earnings were $95.9M, up 11% year over year. The effective tax rate was 25.1%.

Operating cash flow was $122.3M (up 16% year over year), 128% of net earnings. Non-cash charges added back $27.4M of depreciation and amortization and $3.9M of share-based compensation. Capital expenditures of $14.6M left free cash flow of $107.7M.

Questions

What was Crane's revenue in the second quarter 2026?

Crane (CR) reported revenue of $725M for the second quarter 2026 (Q2 2026), +26% from a year earlier and +4% from the quarter before.

Was Crane profitable in the second quarter 2026?

Operating profit was $144M (19.9% of revenue) and net earnings $95.9M.

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Source: Crane 10-Q on SEC EDGAR.