General Industrial Machinery Stocks Q2 Earnings Recap: Crane vs. Peers

Crane (NYSE:CR) reported Q2 revenues of $577.2 million, up 9.2% YoY, beating analysts' expectations by 1.2%. The company's chairman, Max Mitchell, attributed the success to its focus on exceeding customer expectations with exceptional technology and service. Crane's stock is currently flat since reporting and trades at $190.98. Other general industrial machinery stocks have also reported satisfactory Q2 results, with revenues beating analysts' consensus estimates by 2.3% on average.

In the second quarter of 2025, Crane NXT (NYSE:CXT) and Evolv Technologies (EVLV) reported robust revenue growth, exceeding analyst expectations and showcasing strong market performance.

Crane NXT, a payment technology company, reported revenue of $404.4 million for the quarter, a 9.1% year-on-year increase, surpassing analyst estimates by 5.9%. The company's non-GAAP profit per share of $0.97 was 2.5% above consensus estimates [1]. Management highlighted the successful integration of the De La Rue Authentication acquisition, which has positioned the company as a leader in the authentication market. The company's backlog stood at $591.6 million at the end of the quarter, reflecting strong demand and project timing. Crane NXT expects to achieve operating profit margins of approximately 20% in the Authentication segment by the end of 2026.

Evolv Technologies, a provider of AI-based security solutions, reported Q2 revenue growth of 29%, beating analyst expectations by 2.3%. The company's adjusted EPS also beat consensus estimates, driven by strong customer acquisition and expansion, increased market trust in AI-based security solutions, and a solid subscription base [2]. Evolv expects 2025 revenue growth of 27% to 30%, with the company anticipating positive full-year Adjusted EBITDA and cash flow positivity in Q4 2025.

Both companies have demonstrated strong financial performance, with Crane NXT focusing on exceeding customer expectations and Evolv Technologies leveraging AI solutions to drive revenue growth. The stock market has reacted positively to these earnings reports, with Crane NXT's stock price increasing to $60.25 and Evolv Technologies' stock price remaining flat at $7.49. Investors should continue to monitor these companies for future growth opportunities and potential catalysts in upcoming quarters.

References:
[1] https://finance.yahoo.com/news/cxt-q2-deep-dive-product-134704542.html
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_PLX51F665:0-evolv-technologies-q2-revenue-up-29-beats-estimates/