Filing Flows › Crane NXT (CXT) › Q1 2025
Crane NXT (CXT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Crane NXT (CXT) reported revenue of $330M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -17% from the quarter before. Operating margin was 11.3%, net earnings $21.7M (6.6% of revenue).
Crane NXT, Q1 2025: revenue $330M (+5% year over year), operating margin 11.3%, net earnings $21.7M, operating cash flow −$19.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $330M | -17% | +5% |
| Operating profit | $37.3M | -47% | -33% |
| Net earnings | $21.7M | -62% | -43% |
| Operating cash flow | −$19.1M | — | — |
What changed
Revenue was $330.3M in Q1 2025, up 5% year over year and down 17% from the previous quarter. Crane Payment Innovations was the largest line at 61% of revenue. Security and Authentication Technologies added $22.8M year over year (up 22%), 137% of the total change. Crane Payment Innovations declined 3%.
Operating profit was $37.3M, a 11.3% margin (down 6.4 points year over year). Operating profit fell $18.1M even though revenue rose $16.7M versus a year earlier, so costs grew faster than sales. Total costs grew 13% against revenue growth of 5%. The fastest-growing cost line was Cost of revenue (+18%). Net earnings were $21.7M, down 43% year over year. The effective tax rate was 22.8%.
Operating cash flow was −$19.1M. Non-cash charges added back $21.6M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items used $65.3M. Capital expenditures of $13.1M exceeded it, leaving free cash flow of −$32.2M.
Questions
What was Crane NXT's revenue in the first quarter 2025?
Crane NXT (CXT) reported revenue of $330M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -17% from the quarter before.
Was Crane NXT profitable in the first quarter 2025?
Operating profit was $37.3M (11.3% of revenue) and net earnings $21.7M.
Source: Crane NXT 10-Q on SEC EDGAR.