Crane NXT Expects High Single-Digit Growth in US Currency Business in 2026

Crane NXT expects its US currency business to grow in the high single digits in 2026, driven by an increase in demand for higher denomination banknotes containing advanced security features. The Federal Reserve Board's 2026 print order projects a range of 3.8 billion to 5.1 billion in banknote demand, with higher denomination banknotes expected to increase by around 90% compared to 2025. The company's international markets are also performing strongly.

Crane NXT (NYSE: CXT) has announced its expectation for high single-digit revenue growth in its U.S. Currency business for 2026, driven by a significant increase in demand for higher denomination banknotes containing advanced security features. The Federal Reserve Board's 2026 print order projects a range of 3.8 billion to 5.1 billion in banknote demand, with higher denomination banknotes expected to increase by around 90% compared to 2025 Crane NXT Expects High Single Digit Revenue Growth in its U.S. Currency Business in 2026^[1].

The company's international markets are also performing strongly, contributing to its overall positive outlook. Crane NXT will support the U.S. Currency Program's redesign initiative, starting with the new $10 banknote launch next year. Additionally, the company's planned acquisition of Antares Vision aligns with its strategy to lead in trusted technology solutions for security, detection, and authentication. Management will provide further details during the Q3 earnings call.

The projected high single-digit growth in U.S. currency business signals a strong 2026 outlook, driven by the 90% increase in high-denomination banknote orders. The timing aligns perfectly with the upcoming U.S. currency redesign, creating a multi-year growth opportunity as redesigns typically cascade through all denominations over several years. The announcement also includes confirmation of strong international market performance and the continuation of the previously announced Antares Vision acquisition.

With multiple growth drivers converging in 2026—higher domestic volumes, favorable product mix shift, currency redesign cycle, international market strength, and strategic acquisition—Crane NXT appears well-positioned to execute its strategy as a provider of authentication and security technology solutions.