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Crane (CR) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 26, 2026

Crane (CR) reported revenue of $581M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and -1% from the quarter before. Operating margin was 17.5%, net earnings $81.7M (14.1% of revenue).

Revenue$581M
Year over year+7%
Quarter over quarter-1%
Operating margin17.5%
Net earnings$81.7M

Crane, Q4 2025: revenue $581M (+7% year over year), operating margin 17.5%, net earnings $81.7M, operating cash flow $206M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$581M-1%+7%
Operating profit$102M-14%+18%
Net earnings$81.7M-11%+0.9%
Operating cash flow$206M+58%+2%
Free cash flow$196M+68%+4%

What changed

Revenue was $581.0M in Q4 2025, up 7% year over year and down 1% from the previous quarter. Process Flow Technologies was the largest line at 53% of revenue.

Operating profit was $101.8M, a 17.5% margin (up 1.7 points year over year). Of the extra revenue versus a year earlier, 42% reached operating profit, above the 16% margin then. The fastest-growing cost line was Other operating costs (+802%). Net earnings were $81.7M, up 1% year over year. The effective tax rate was 25.0%.

Operating cash flow was $205.8M (up 2% year over year), 252% of net earnings. Non-cash charges added back $12.4M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items added $109.9M. Capital expenditures of $9.8M left free cash flow of $196.0M.

Questions

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

Crane (CR) reported revenue of $581M for the fourth quarter 2025 (Q4 2025), +7% from a year earlier and -1% from the quarter before.

Was Crane profitable in the fourth quarter 2025?

Operating profit was $102M (17.5% of revenue) and net earnings $81.7M.

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Source: Crane 10-K on SEC EDGAR.