Crane Company filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on October 29, 2026, reporting third-quarter net sales of $754.6 million and net income from continuing operations of $97.3 million.

Key Highlights

  • Net sales of $754.6 million for the three months ended September 30, 2026, compared to $589.2 million in the same period of 2025, according to the filing.
  • Net income from continuing operations attributable to common shareholders was $97.3 million for Q3 2026, versus $91.4 million in Q3 2025.
  • Diluted EPS from continuing operations was $1.66 for the third quarter of 2026, compared to $1.56 in the prior-year quarter.
  • Nine-month net sales reached $2,175.7 million for the period ended September 30, 2026, up from $1,724.0 million in the first nine months of 2025.
  • Acquisition activity totaled $1,323.6 million in payments for acquisitions, net of cash acquired and working capital adjustments, during the nine months ended September 30, 2026.
  • Cash and cash equivalents stood at $315.7 million as of September 30, 2026, compared to $506.5 million at December 31, 2025.
  • Quarterly dividend of $0.255 per share was reported for Q3 2026, up from $0.23 per share in Q3 2025.

Crane Company Reports Third-Quarter 2026 Financial Results

According to the filing, Crane Company (NYSE:CR) reported net sales of $754.6 million for the three months ended September 30, 2026, compared to $589.2 million for the same period in 2025. Operating profit for the quarter was $140.6 million, up from $118.4 million in Q3 2025. Interest expense increased to $13.7 million in Q3 2026 from $1.0 million in Q3 2025, contributing to total other expense, net, of $14.4 million for the quarter.

For the nine months ended September 30, 2026, the company disclosed net sales of $2,175.7 million and net income from continuing operations attributable to common shareholders of $260.3 million, compared to $250.0 million for the same period in 2025. The nine-month period included no income from discontinued operations, while the first nine months of 2025 included $34.9 million from discontinued operations. Depreciation and amortization for the nine months ended September 30, 2026 was $82.3 million, compared to $37.8 million in the prior-year period, the filing stated.

The balance sheet as of September 30, 2026 showed total assets of $3,996.1 million, with goodwill of $1,315.7 million and intangible assets, net, of $635.5 million, reflecting the significant acquisition activity during the period. Long-term debt, net, was $911.6 million at quarter-end, down from $1,148.2 million at December 31, 2025. The company reported 57,833,158 shares of common stock issued and outstanding as of October 27, 2026. Total shareholders' equity was $2,266.2 million as of September 30, 2026, compared to $2,061.1 million at December 31, 2025.

What Was Disclosed

Crane Company's 10-Q for the period ended September 30, 2026 disclosed quarterly net sales of $754.6 million, diluted EPS from continuing operations of $1.66, $1,323.6 million in acquisition payments year-to-date, and total assets of $3,996.1 million at quarter-end.