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Crane (CR) Q3 2025 earnings results (third quarter 2025)

10-Q filed Oct 29, 2025

Crane (CR) reported revenue of $589M for the third quarter 2025 (Q3 2025), +7% from a year earlier and +2% from the quarter before. Operating margin was 20.1%, net earnings $91.4M (15.5% of revenue).

Revenue$589M
Year over year+7%
Quarter over quarter+2%
Operating margin20.1%
Net earnings$91.4M

Crane, Q3 2025: revenue $589M (+8% year over year), operating margin 20.1%, net earnings $91.4M, operating cash flow $130M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$589M+2%+7%
Operating profit$118M+15%+20%
Net earnings$91.4M+6%+18%
Operating cash flow$130M+24%+73%
Free cash flow$117M+31%+74%

What changed

Revenue was $589.2M in Q3 2025, up 7% year over year and up 2% from the previous quarter. Process Flow Technologies was the largest line at 54% of revenue. Aerospace & Electronics added $31.1M year over year (up 13%), 76% of the total change.

Operating profit was $118.4M, a 20.1% margin (up 2.0 points year over year). Of the extra revenue versus a year earlier, 47% reached operating profit, above the 18% margin then. Net earnings were $91.4M, up 18% year over year. The effective tax rate was 24.1%.

Operating cash flow was $130.2M (up 73% year over year), 142% of net earnings. Non-cash charges added back $12.2M of depreciation and amortization and $5.5M of share-based compensation. Working capital and other items added $21.1M. Capital expenditures of $13.4M left free cash flow of $116.8M.

Questions

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

Crane (CR) reported revenue of $589M for the third quarter 2025 (Q3 2025), +7% from a year earlier and +2% from the quarter before.

Was Crane profitable in the third quarter 2025?

Operating profit was $118M (20.1% of revenue) and net earnings $91.4M.

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Source: Crane 10-Q on SEC EDGAR.