Crane NXT 2025 Q3 Earnings Strong Performance with 8.1% Net Income Growth

Crane NXT (CXT) reported Q3 2025 earnings with revenue of $445M, beating estimates by $13.62M, and Non-GAAP EPS of $1.28, exceeding expectations by $0.02. The company raised full-year sales guidance to 9-11% and narrowed Adjusted EPS guidance to $4.00-$4.10, reflecting sustained SAT momentum and macroeconomic challenges in CPI.

Revenue

The total revenue of Crane NXT increased by 10.3% to $445.10 million in 2025 Q3, up from $403.50 million in 2024 Q3. This growth was driven by the Security and Authentication Technologies segment, which contributed $228.80 million, alongside $216.30 million from Crane Payment Innovations.

Earnings/Net Income

Crane NXT's EPS rose 7.3% to $0.88 in 2025 Q3 from $0.82 in 2024 Q3, marking continued earnings growth. Meanwhile, the company's profitability strengthened with net income of $50.90 million in 2025 Q3, marking 8.1% growth from $47.10 million in 2024 Q3. Remarkably, the company has sustained profitability for more than 20 years over the corresponding fiscal quarter, underscoring strong operational resilience. The EPS growth reflects strong operational resilience, with net income showing consistent profitability over two decades.

Price Action

Following the earnings report, Crane NXT's stock edged up 1.74% in the latest trading day but faced downward pressure in the subsequent week, with a 1.20% decline. Over the month, the stock dropped 4.95%, reflecting mixed investor sentiment despite the positive earnings results.

CEO Commentary

Aaron W. Saak, Crane NXT’s President and CEO, highlighted progress in the company’s evolution, citing accelerating growth in the Security and Authentication Technologies (SAT) segment, strong margins in Crane Payment Innovations (CPI), and robust free cash flow. He attributed the raised full-year sales guidance to sustained SAT momentum but noted narrowed Adjusted EPS guidance due to macroeconomic uncertainty impacting CPI demand. Saak expressed optimism about acquiring Antares Vision by mid-2026, positioning Crane NXT to expand as a leader in detection and authentication technologies.

Guidance

The company raised full-year 2025 sales growth guidance to 9-11% (prior: 6-8%) and narrowed Adjusted EPS to $4.00-$4.10 (prior: $4.00-$4.30). CPI sales growth is now -4% to -2% (prior: -2% to 0%), while SAT is projected at 27-29% (prior: 19-21%). Adjusted operating margin is expected at ~26.5%, with Adjusted free cash flow conversion of ~110%. The updated guidance reflects macroeconomic headwinds in CPI and strategic growth in SAT.

Additional News

Crane NXT announced a definitive agreement to acquire Antares Vision, signaling strategic expansion in authentication technologies. Institutional investor Strs Ohio reduced its stake by 14.3%, selling 15,584 shares. Analysts responded positively, with Oppenheimer raising the price target from $70 to $80, reflecting confidence in the company's growth trajectory.