Crane NXT 2025 Q3 Earnings Beats Estimates with 10.3% Revenue Growth

Crane NXT (CXT) reported fiscal 2025 Q3 earnings on Nov 5, 2025, with revenue rising 10.3% year-over-year to $445.10 million, surpassing estimates. 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 headwinds in CPI. CEO Aaron Saak highlighted strategic acquisitions and operational resilience, signaling confidence in long-term growth.

Revenue

Crane Payment Innovations (CPI) reported $216.30 million in revenue, while the Security and Authentication Technologies (SAT) segment contributed $228.80 million, combining to total $445.10 million. This represents a 10.3% year-over-year increase, driven by strong SAT performance and favorable foreign exchange. The SAT segment’s 28.1% growth outpaced CPI’s -3.8% decline, underscoring divergent segment dynamics.

Earnings/Net Income

Crane NXT’s EPS rose 7.3% to $0.88 in 2025 Q3 from $0.82 in 2024 Q3, with net income growing 8.1% to $50.90 million. The company has maintained profitability for over 20 years, reflecting robust operational efficiency. This marks a positive trend in earnings growth and underscores the company’s operational resilience.

Price Action

The stock price of Crane NXT edged up 1.74% during the latest trading day, fell 1.20% during the most recent full trading week, and dropped 4.95% month-to-date.

Post-Earnings Price Action Review

Despite outperforming revenue and EPS estimates, Crane NXT’s shares underperformed the broader market, declining 6.3% over the past month. Analysts attribute this to macroeconomic uncertainties impacting CPI demand, though the raised sales guidance and strong SAT performance suggest long-term optimism. Institutional investors, including Strs Ohio, reduced their stake by 14.3%, while others like Hantz Financial Services Inc. significantly increased positions.

CEO Commentary

Aaron W. Saak emphasized “accelerating growth in our SAT segment, strong margins in CPI, and robust free cash flow,” attributing the raised full-year sales guidance to sustained SAT momentum. He acknowledged narrowing Adjusted EPS guidance due to “ongoing macroeconomic uncertainty impacting demand in CPI.” Saak highlighted the strategic acquisition of Antares Vision, stating it positions Crane NXT to “accelerate growth as a market leader in detection, inspection, and authentication technologies.”

Guidance

The company increased full-year 2025 sales growth guidance to 9%–11% (prior: 6%–8%) and narrowed Adjusted EPS guidance to $4.00–$4.10 (prior: $4.00–$4.30). CPI sales growth is now projected at -4% to -2% (prior: -2% to 0%), while SAT sales growth is raised to 27%–29% (prior: 19%–21%). Adjusted operating margin targets ~26.5%, with a 21.5% tax rate and $55M corporate expense. Free cash flow conversion is expected at ~110%.

Additional News

Crane NXT finalized a €120M deal to acquire 30% of Antares Vision, signaling its intent to strengthen its SAT segment. Institutional investors, including Strs Ohio, reduced stakes by 14.3%, while Hantz Financial Services Inc. boosted its position by 9,087.5%. The company also announced a quarterly dividend of $0.17 per share, maintaining a payout ratio of 25.95%. Analysts at Oppenheimer raised their price target to $80, reflecting confidence in the company’s strategic direction.