Crane NXT (CXT) Earnings: Q3 2026 Results

Last updated November 2026

Short answer

Crane NXT reported revenue of $497 million for Q3 2026, up 12% from a year earlier (Crane NXT, Nov 4, 2026). Diluted EPS was $0.66, down 24% from $0.87. Security and Authentication Technologies brought in $244 million, up 6%. Every figure is from Crane NXT's release. Walnut is informational, not investment advice.

CXT Q3 2026 results

In one sentence

Crane NXT reported revenue of $497 million for Q3 2026, up 12% from a year earlier (Crane NXT, Nov 4, 2026).

MeasureQ3 2026Q3 2025Change
Revenue$497 million$445 millionup 12%
Diluted EPS (GAAP)$0.66$0.87down 24%
Diluted EPS (Adjusted EPS)$1.28$1.28flat
Net income$38.4 million$50.5 milliondown 24%

The quarter ended September 30, 2026 and Crane NXT published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Crane NXT reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

  • Crane NXT took full control of Antares Vision on March 31, 2026, and reports it in the Detection and Traceability Technologies segment, so Q3 2026 includes $50.0 million of acquired sales that Q3 2025 does not.
  • Detection and Traceability Technologies is the segment Crane NXT's 2025 Form 10-K called Crane Payment Innovations (CPI).

Source: Crane NXT Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

CXT revenue by segment

How Crane NXT splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

Net sales by segment and product lineQ3 2026Q3 2025Change
Security and Authentication Technologies$244 million$229 millionup 6%
Banknotes and Security Products$178 million$168 millionup 6%
Authentication Products and Solutions$65.6 million$60.6 millionup 8%
Detection and Traceability Technologies$254 million$216 millionup 17%
Detection and Inspection Products and Solutions$205 million$181 millionup 13%
Detection and Inspection Services$48.8 million$35.0 millionup 39%
  • Crane NXT's Security and Authentication Technologies revenue was $244 million in Q3 2026, up 6% from $229 million in Q3 2025, 49% of total revenue.
  • Crane NXT's Detection and Traceability Technologies revenue was $254 million in Q3 2026, up 17% from $216 million in Q3 2025, 51% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Crane NXT's outlook for full year 2026

From the earnings release

Crane NXT's guidance table now calls for 2026 sales growth of about 14% (prior: +15% to +17%), SAT segment sales growth of about 11%, DTT segment sales growth in the high teens (prior: low 20s), an adjusted EBITDA margin of about 24% and adjusted EPS of $4.32 to $4.42 (prior: $4.22 to $4.42). Crane NXT gives no GAAP EPS forecast.

In its Q3 2026 release, Crane NXT said:

“Raised the midpoint of full-year adjusted EPS guidance and narrowed the range, while updating our full-year sales outlook.”

“The Company is updating its full year guidance that was previously provided on August 5, 2026.”

“We are also raising the midpoint of our full-year adjusted EPS guidance.”

Source: Crane NXT Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the CXT forecast page.

CXT recent quarters

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

QuarterRevenueDiluted EPSReported
ended Sep 30, 2026
$497 million$0.66Nov 4, 2026
Q2 2026
ended Jun 30, 2026
$493 million$0.61Aug 5, 2026
Q1 2026
ended Mar 31, 2026
$388 million$0.11May 6, 2026
Q4 2025
ended Dec 31, 2025
$477 million$0.83Feb 11, 2026
Q3 2025
ended Sep 30, 2025
$445 million$0.87Nov 5, 2025

Net sales and GAAP diluted EPS, each as first reported in that quarter's release.

When does CXT report earnings next?

We do not hold a confirmed date for Crane NXT's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Past Crane NXT quarterly reports

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

  • Q3 2026 (this page), reported Nov 4, 2026

What Crane NXT's revenue is made of

Crane NXT reports two segments. In Q3 2026 Security and Authentication Technologies (SAT) had net sales of $243.5 million and Detection and Traceability Technologies (DTT) $253.6 million, for a total of $497.1 million, up 11.7% from $445.1 million. Organic sales grew 1.1%, acquisitions added $50.0 million and foreign exchange took away $2.9 million. (Crane NXT Q3 2026 release, Nov 4, 2026)

SAT sells banknotes and security products (Crane Currency) and brand authentication products. Banknotes and Security Products sales rose 5.8% to $177.9 million, which the 10-Q put down to organic growth of $11.2 million from higher volumes in international markets, partly offset by a weaker euro and Swedish krona. Authentication Products and Solutions sales rose 8.3% to $65.6 million. Crane NXT warns that SAT results vary with the timing and size of central bank contract awards, particularly with the U.S. government. (Crane NXT Form 10-Q, Q3 2026, Nov 4, 2026; Crane NXT Form 10-K, 2025, Feb 26, 2026)

DTT sales rose 17.2% to $253.6 million: Antares Vision added $50.0 million, while organic sales fell $11.5 million, or 5.3%. Within DTT, Detection and Inspection Products and Solutions sales rose 13.0% to $204.8 million, with an organic decline of $12.1 million that the 10-Q attributes to lower volumes in CPI hardware and vending. Detection and Inspection Services revenue rose 39.4% to $48.8 million, of which $13.2 million of the increase came from Antares Vision. (Crane NXT Form 10-Q, Q3 2026, Nov 4, 2026; Crane NXT Q3 2026 release, Nov 4, 2026)

Crane NXT acquired De La Rue Authentication Solutions on May 1, 2025, for $391.1 million, and completed a multi-phase purchase of Antares Vision, an Italian maker of inspection systems and track and trace software, on March 31, 2026, for total consideration of $416.9 million. Net sales by destination outside the U.S. were 50% of Crane NXT's total in 2025. (Crane NXT Form 10-Q, Q3 2026, Nov 4, 2026; Crane NXT Form 10-K, 2025, Feb 26, 2026)

What Crane NXT's EPS includes

Crane NXT's GAAP diluted EPS fell to $0.66 from $0.87 in Q3 2026, while its Adjusted EPS stayed at $1.28 in both years. Adjusted EPS excludes acquired intangible asset amortization of $25.6 million ($0.44 a share), acquisition related adjustments of $9.9 million ($0.17), restructuring and related costs of $6.2 million ($0.11) and transaction related expenses of $5.1 million ($0.09), less tax adjustments of $11.1 million ($0.19). (Crane NXT Q3 2026 release, Nov 4, 2026)

The GAAP decline sits in DTT, where operating profit fell $25.0 million to $35.7 million because of amortization from the Antares Vision acquisition, lower volumes and unfavorable mix, partly offset by pricing net of inflation and cost savings. Interest expense rose to $19.9 million from $16.2 million. Crane NXT funded the Antares Vision purchase with a Term Loan B. (Crane NXT Form 10-Q, Q3 2026, Nov 4, 2026; Crane NXT Q3 2026 release, Nov 4, 2026)

Average diluted shares were 58.1 million against 58.0 million a year earlier, and Crane NXT made no open-market share repurchases in the quarter. The effective tax rate was 20.4%, down from 23.6%, which the 10-Q attributes to the mix of non-U.S. earnings. (Crane NXT Q3 2026 release, Nov 4, 2026; Crane NXT Form 10-Q, Q3 2026, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Consensus and guidance at Crane NXT

Crane NXT updates a full-year guidance table in each release. On November 4, 2026 it lowered 2026 sales growth to about 14% from +15% to +17%, and cut DTT segment sales growth to the high teens from the low 20s, while SAT segment sales growth is now about 11%. It raised the bottom of its Adjusted EPS range, which is now $4.32 to $4.42 against $4.22 to $4.42 before. (Crane NXT Q3 2026 release, Nov 4, 2026)

The same table keeps an adjusted EBITDA margin of about 24%, an adjusted tax rate of about 21.5% and about 58 million diluted shares, and narrows non-operating expense to about $75-$80 million. Crane NXT gives no GAAP EPS outlook and says a reconciliation of forward-looking adjusted EPS is not available without unreasonable efforts. (Crane NXT Q3 2026 release, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Crane NXT, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The numbers analysts watch at Crane NXT

The figures below are the ones Crane NXT's own release and filings put weight on for Q3 2026, with the latest reported value for each.

MetricLatest reported
Organic sales growth
1.1% ($4.9 million)
SAT up 7.2% organically; DTT down 5.3%
Adjusted EBITDA margin
25.6%, down from 27.5%
Adjusted EBITDA of $127.2 million against $122.4 million
Order backlog
$715.5 million at September 30, 2026, against $557.0 million a year earlier
Includes about $125 million from Antares Vision; down from $755.5 million at June 30, 2026
Adjusted free cash flow conversion
131.8%
Cash provided by operating activities of $111.8 million; adjusted free cash flow of $97.7 million
Net leverage ratio
2.5
Net debt of $1,161.5 million against TTM Adjusted EBITDA of $460.3 million

What the quarter means for a holding is a separate question from what it reported. The case for and against owning CXT is on is CXT a buy or a sell?, what analysts expect next is on the CXT forecast, and what the company does is on the Crane NXT (CXT) stock page.

How to check CXT's figures yourself

Every number on this page can be traced to a document Crane NXT published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

  • The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
  • The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
  • The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
  • Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.

Your questions about Crane NXT

Ask Walnut's AI anything about CXT and see how it fits what you own.

FAQ

What was Crane NXT's revenue last quarter?

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Crane NXT reported revenue of $497 million for Q3 2026, the quarter ended September 30, 2026, against $445 million in Q3 2025 (up 12%). The figures come from Crane NXT's results release of November 4, 2026.

What were CXT's earnings per share for Q3 2026?

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Diluted EPS was $0.66 on a GAAP basis, against $0.87 a year earlier. On Crane NXT's Adjusted EPS basis it was $1.28, against $1.28. The two differ because the adjusted figure leaves out items the company treats as outside its operating results; the release reconciles one to the other.

What guidance did Crane NXT give for full year 2026?

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Crane NXT's guidance table now calls for 2026 sales growth of about 14% (prior: +15% to +17%), SAT segment sales growth of about 11%, DTT segment sales growth in the high teens (prior: low 20s), an adjusted EBITDA margin of about 24% and adjusted EPS of $4.32 to $4.42 (prior: $4.22 to $4.42). Crane NXT gives no GAAP EPS forecast. In its Q3 2026 release, Crane NXT said: "Raised the midpoint of full-year adjusted EPS guidance and narrowed the range, while updating our full-year sales outlook. The Company is updating its full year guidance that was previously provided on August 5, 2026. We are also raising the midpoint of our full-year adjusted EPS guidance." That is the company's own outlook as of Nov 4, 2026, and companies revise outlooks as the quarter goes on.

When does CXT report earnings next?

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We do not hold a confirmed date for Crane NXT's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.

Where does Crane NXT's revenue come from?

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Crane NXT's Security and Authentication Technologies revenue was $244 million in Q3 2026, up 6% from $229 million in Q3 2025, 49% of total revenue. Crane NXT's Detection and Traceability Technologies revenue was $254 million in Q3 2026, up 17% from $216 million in Q3 2025, 51% of total revenue. These are the lines of Crane NXT's own "net sales by segment and product line" table for Q3 2026.

How much did Crane NXT's revenue grow last quarter?

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Up 12% on the year: $497 million in Q3 2026 against $445 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Crane NXT's business do not distort it.

What is the difference between Crane NXT's GAAP and Adjusted EPS EPS?

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GAAP EPS follows US accounting rules and is the figure in the audited statements. Crane NXT's Adjusted EPS EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $0.66 and $1.28. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.

Where do the CXT numbers on this page come from?

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From Crane NXT's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.

Walnut is informational, not investment advice. Reported figures are copied from Crane NXT's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.

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