AI-extracted from the 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Crane NXT Q2 revenue grew 22% YoY to $493.2M, driven by Antares Vision and De La Rue acquisitions contributing $74.6M, with organic growth of 2.8% partially offset by DTT volume declines.
Biggest Revenue Drivers
Detection and Traceability Technologies$266.5M+26.1% YoY
Antares Vision acquisition contributed $63.7M, partially offset by 3.4% organic sales decline in hardware and vending volumes.
Security and Authentication Technologies$226.7M+17.5% YoY
Organic sales growth of 9.6%, De La Rue acquisition $10.9M, and favorable FX of $4.3M; higher banknote volumes in international markets.
Biggest Revenue Drivers
Total revenue: $493.2M+22.0% YoY
Detection and Traceability Technologies$266.5M+26.1% YoY
Antares Vision acquisition contributed $63.7M, partially offset by 3.4% organic sales decline in hardware and vending volumes.
Security and Authentication Technologies$226.7M+17.5% YoY
Organic sales growth of 9.6%, De La Rue acquisition $10.9M, and favorable FX of $4.3M; higher banknote volumes in international markets.
Largest Expense Items
Cost of sales$284.6M+20.8% YoY
Driven by acquisitions ($34.8M impact), acquisition-related amortization, and unfavorable mix, partially offset by productivity gains.
Selling, general and administrative$136.3M+20.0% YoY
Acquisition impact partially offset by lower transaction-related expenses and cost-saving actions; reflects $4.4M acquisition-related costs.
Interest expense$21.0M+28.0% YoY
Higher debt from Term Loan B borrowing of $366.9M to fund Antares Vision acquisition.
Margins: Operating margin expanded to 14.0% from 11.8% YoY despite acquisition-related amortization, driven by SAT productivity gains, favorable pricing, and cost savings. DTT margin contracted to 16.5% from 23.2% due to Antares Vision integration costs and lower CPI volumes.
Watch Items from the Filing
Detection and Traceability organic sales declined 3.4% in Q2 2026 due to lower hardware and vending volumes; CPI facing headwinds from lower volumes and unfavorable mix.
Antares Vision acquisition integration costs ($23.1M in incremental amortization and stock-based compensation in H1 2026) and ongoing $10.7M liability-classified stock-based compensation for Class B shares with conversion multiplier tied to 2028 EBIT targets.
Middle East conflict creating supply chain and freight cost pressures with extended lead times; management monitoring for potential escalation impact on future results.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About Crane NXT, Co. (CXT): stock profile, AI score and financials
Crane NXT, Co. (CXT) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores CXT at 62.2/100 on a composite quality score built from its SEC filings, placing it at rank #729 of 2,925 stocks — the top 25% of the AI-ranked universe. CXT scores in the top quartile across institutional flow (92.5). Based on the latest XBRL financial filings (Q2 2026), Crane NXT, Co. reports quarterly revenue of $493.2M, net income of $35.4M, an operating margin of 14.0%. Top institutional holders of CXT by reported 13-F value include FMR, BlackRock, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. CXT trades on the NYSE exchange and files with the SEC under CIK 25445. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CXT 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 NXT, Co. directly from SEC EDGAR.