AI-extracted from the 10-Q filed 2026-07-31 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net sales rose 25.6% to $724.7 million as the Druck, Panametrics, Reuter-Stokes and Optek acquisitions added $114.5 million, with operating profit up 40.2% to $144.3 million aided by $18.7 million of IEEPA tariff refunds.
Biggest Revenue Drivers
Process Flow Technologies$385.6M+20.9% YoY
Panametrics, Reuter-Stokes and Optek acquisitions added $68.6M, offset by lower core sales of $4.4M
Druck acquisition contributed $45.9M plus higher core sales of $34.4M
Within Aerospace & Advanced Technologies
Commercial Original Equipment$128.4M+32.9% YoY
Druck acquisition and strong demand from aircraft manufacturers
Military Original Equipment$84.1M+15.7% YoY
Strong demand from defense and space customers and the impact of the Druck acquisition
Largest Expense Items
Cost of sales$417.2M+24.6% YoY
Acquisitions added $80.6M plus higher material/labor costs and unfavorable mix, offset by $18.7M tariff refunds and productivity gains
Engineering, selling and administrative$163.2M+17.1% YoY
Acquisitions added $32.5M, partially offset by productivity and cost savings of $9.2M
Interest expense$16.6M+286.0% YoY
Term and Revolving Facility borrowings used to fund the January 2026 acquisitions
Margins: Operating margin expanded to 19.9% from 17.8%, helped by productivity, net price and tariff refunds; cost of sales fell to 57.6% of sales from 58.0%, though Aerospace margin slipped to 26.2% on unfavorable mix.
Watch Items from the Filing
$18.7 million of IEEPA tariff refunds cut cost of sales and drove 18.2% of the operating profit increase; refunds are accounted for as a gain contingency with uncertain timing and amount.
Acquisition debt lifted interest expense to $16.6M from $4.3M; long-term debt is $1,087.1M against a 3.75-to-1.00 maximum net leverage covenant.
Excluding the $114.5 million acquisition contribution, core sales grew only $30.0 million, or 5.2%; Process Flow core sales fell $4.4 million and Commercial Valves declined 5.4%.
Backlog of $1,887.3 million, up 20.4% in Aerospace and 53.7% in Process Flow, with 58% expected to convert to revenue in 2026.
Druck, Panametrics and Reuter-Stokes contributed $202.1 million of sales but an operating loss of about $3.0 million since the January 1, 2026 close; purchase accounting remains preliminary.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Papanikolaou Marijane V.V.P., Controller & CAOShares withheld for tax or exercise price · Apr 24, 2026
Feldman Jason D.SVP, IR, Treasury & TaxShares withheld for tax or exercise price · Apr 20, 2026
Congress trading in CR
2 transactions in CR reported by 2 members of Congress under the STOCK Act, most recent trade Aug 31, 2026. Reported transactions, not recommendations.
About Crane Co (CR): stock profile, AI score and financials
Crane Co (CR) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores CR at 66.6/100 on a composite quality score built from its SEC filings, placing it at rank #399 of 2,925 stocks — the top 25% of the AI-ranked universe. CR scores in the top quartile across balance sheet strength (86.0), institutional flow (78.0). Based on the latest XBRL financial filings (Q2 2026), Crane Co reports quarterly revenue of $724.7M, net income of $95.9M, an operating margin of 19.9%. Top institutional holders of CR by reported 13-F value include BlackRock, Capital World Investors, FMR, based on the most recent SEC filings. CR trades on the NYSE exchange and files with the SEC under CIK 1944013. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Crane Co directly from SEC EDGAR.