Crane NXT, Co. (CXT) Form 8-K — Aug 5, 2026

$CXTForm 8-KItems 2.02, 9.01Filed Aug 5, 2026, 4:22 PM ET0000025445-26-000032Original filing

Crane NXT reported second quarter 2026 results on August 5, 2026, delivering net sales of $493.2 million, up 22% year-over-year (organic growth of 2.8%), GAAP diluted EPS of $0.61, and adjusted EPS of $1.10, up 13% from $0.97 a year ago. GAAP net income rose 42.2% to $35.4 million. The company raised its full year 2026 adjusted EPS guidance to a range of $4.22 to $4.42 from $4.10 to $4.40, citing strong first-half performance and expected continued momentum. CEO Aaron Saak highlighted solid progress in the first 90 days of integrating Antares Vision, acquired in March 2026.

Key figures

Eps: $0.61 GAAP diluted; $1.10 adjusted
Revenue: $493.2 million (Q2 2026 net sales)
Guidance: FY2026 Adjusted EPS raised to $4.22-$4.42 from $4.10-$4.40; sales growth +15% to +17%; Adjusted EBITDA margin ~24%; adjusted tax rate ~21.5%; diluted shares ~58 million
Net Income: $35.4 million attributable to common shareholders
Total Debt: $1,484.0 million (excluding $30.0 million deferred financing costs)
Revenue Yoy: +22.0%
Total Assets: $3,595.1 million
Cash Position: $231.4 million (cash and cash equivalents at June 30, 2026)
Dtt Segment: $266.5 million sales (+26.1% total, -3.4% organic), GAAP operating profit $44.0 million (-10.2%)
Sat Segment: $226.7 million sales (+17.5%), GAAP operating profit $38.9 million (+116.1%)
Adjusted Eps: $1.10, up 13% YoY from $0.97
Adjusted Ebitda: $115.5 million, +18.0% YoY
Interest Expense: $21.0 million in Q2 (vs $16.4 million prior year)
Dividend Per Share: $0.18 quarterly, payable September 9, 2026, record date August 31, 2026
Net Leverage Ratio: 2.7x on TTM Adjusted EBITDA of $459.4 million
Total Order Backlog: $755.5 million at June 30, 2026 (vs $591.6 million a year ago)
Cash From Operations: $86.7 million (vs $62.8 million prior year)
Organic Sales Growth: +2.8%
Adjusted Ebitda Margin: 23.4%, down 80bps YoY from 24.2%
Antares Vision Backlog: $124.7 million of DTT backlog from Antares Vision acquired March 2026
Sales Growth From Acquisitions: +18.4 points
Adjusted Free Cash Flow Conversion: 124.3%

Price after filing

1 day: 0.0%7 days: -4.9%30 days: -8.6%

Close on the filing date to close N calendar days later (from $54.68). Historical, not a forecast.

AI analysis

Red flags5 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

Upgrade to Pro · $49/mo billed annually

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.