Filing Flows › Crawford (CRD-A) › Q2 2026 › vs Q1 2026
Crawford (CRD-A) Q2 2026 vs Q1 2026 (quarter over quarter)
Crawford's revenue rose $9.9M (+3%) from $320M in Q1 2026 to $330M in Q2 2026. The biggest changes: Service +$11.9M (+4%); Reimbursements −$2.0M (-19%). Operating margin 6.4% against 2.9% (+3.5 pts).
Crawford, Q2 2026: revenue $330M (-1% year over year), operating margin 6.4%, net earnings $13.4M, operating cash flow $19.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 6.4% | 2.9% | +3.5 pts |
| Net margin | 4.1% | 1.5% | +2.5 pts |
| Free cash flow margin | 5.6% | 0.4% | +5.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Service | $321M | $310M | $11.9M | +4% |
| Reimbursements | $8.6M | $10.6M | −$2.0M | -19% |
| Revenue | $330M | $320M | $9.9M | +3% |
| Operating profit | $21.2M | $9.3M | $11.9M | +127% |
| Costs & expenses | $309M | $311M | −$2.0M | -0.6% |
| Pre-tax earnings | $19.7M | $7.3M | $12.4M | +170% |
| Other expense, net | $1.5M | $2.0M | −$499K | -24% |
| Cost of revenue | $235M | $232M | $3.0M | +1% |
| SG&A | $69.7M | $76.1M | −$6.5M | -9% |
| Other operating costs | $4.1M | $2.6M | $1.5M | +56% |
| Net earnings | $13.4M | $4.9M | $8.5M | +173% |
| Income tax | $6.2M | $2.4M | $3.9M | +163% |
| Depreciation & amortization | $9.5M | $9.6M | −$93K | -1% |
| Share-based compensation | $481K | $1.0M | −$565K | -54% |
| Working capital & other | $3.5M | $12.3M | −$8.7M | -71% |
| Operating cash flow | $19.9M | $3.3M | $16.6M | +507% |
| Free cash flow (OCF − capex) | $18.6M | $1.4M | $17.2M | 14× |
| Capital expenditures | $1.3M | $1.9M | −$596K | -31% |
Questions
How much did Crawford's revenue grow quarter over quarter in Q2 2026?
Crawford's revenue rose $9.9M (+3%) from $320M in Q1 2026 to $330M in Q2 2026.
What drove Crawford's revenue change in Q2 2026?
Service +$11.9M (+4%); Reimbursements −$2.0M (-19%).