Filing Flows › Crawford (CRD-A) › Q3 2026 › vs Q3 2025
Crawford (CRD-A) Q3 2026 vs Q3 2025 (year over year)
Crawford's revenue fell $2.9M (-0.9%) from $333M in Q3 2025 to $330M in Q3 2026. The biggest changes: Reimbursements −$2.4M (-22%); Service −$543K (-0.2%). Operating margin 7.3% against 6.2% (+1.1 pts).
Crawford, Q3 2026: revenue $330M (-0.9% year over year), operating margin 7.3%, net earnings $15.0M, operating cash flow $5.8M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 7.3% | 6.2% | +1.1 pts |
| Net margin | 4.5% | 3.7% | +0.8 pts |
| Free cash flow margin | 1.5% | 8.8% | -7.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Service | $322M | $322M | −$543K | -0.2% |
| Reimbursements | $8.3M | $10.6M | −$2.4M | -22% |
| Revenue | $330M | $333M | −$2.9M | -0.9% |
| Operating profit | $24.1M | $20.6M | $3.5M | +17% |
| Costs & expenses | $306M | $312M | −$6.4M | -2% |
| Pre-tax earnings | $22.3M | $18.2M | $4.1M | +23% |
| Other expense, net | $1.8M | $2.4M | −$628K | -26% |
| Cost of revenue | $231M | $239M | −$7.8M | -3% |
| SG&A | $71.6M | $69.4M | $2.3M | +3% |
| Other operating costs | $2.9M | $3.8M | −$895K | -24% |
| Net earnings | $15.0M | $12.4M | $2.6M | +21% |
| Income tax | $7.3M | $5.8M | $1.5M | +26% |
| Operating cash sources | $25.1M | $24.2M | $902K | +4% |
| Depreciation & amortization | $9.4M | $10.1M | −$733K | -7% |
| Share-based compensation | $775K | $1.8M | −$976K | -56% |
| Working capital & other | $19.3M | −$6.4M | $25.7M | — |
| Operating cash flow | $5.8M | $30.6M | −$24.8M | -81% |
| Free cash flow (OCF − capex) | $5.0M | $29.3M | −$24.3M | -83% |
| Capital expenditures | $857K | $1.4M | −$507K | -37% |
Questions
How much did Crawford's revenue grow year over year in Q3 2026?
Crawford's revenue fell $2.9M (-0.9%) from $333M in Q3 2025 to $330M in Q3 2026.
What drove Crawford's revenue change in Q3 2026?
Reimbursements −$2.4M (-22%); Service −$543K (-0.2%).