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Crane NXT, Inc. CXT Security and Authentication Technologies — Engineering expense

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Other financials

Income statement

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Revenue$493.2M+22.0%
Gross profit$208.6M+23.6%
Operating income$68.9M+43.8%
Net income$35.4M+42.2%
EPS (diluted)$0.61+41.9%

Balance sheet

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Cash & equivalents$241.1M+46.6%
Total debt$1.5B+28.4%
Total equity$1.3B+7.8%
Total assets$3.6B+23.2%

Cash flow

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Operating cash flow$86.7M+38.1%
CapEx$13.3M+90.0%
Free cash flow$73.4M+31.5%

Valuation

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Market cap$3.13B-3.3%
Enterprise value$4.35B+3.4%
P/E22.3×+0.9×
P/S1.7×-0.4×

Profitability

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Gross margin42.1%-0.9pp
Operating margin14%-1.0pp
Net margin7.8%-2.1pp
FCF margin12.4%+2.8pp

Returns & leverage

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Return on equity11.5%-2.5pp
Debt / equity1.2×+0.2×
Current ratio1.4×+0.2×

Where this comes from

Reported directly by Crane NXT, Inc. in its filing.

Tagged under the XBRL concept cxt:EngineeringExpense.

The source filing: Crane NXT, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000025445-26-000034
(in millions) Three months ended June 30, 2026SATDTTTotal
Less:
Cost of operations119.2105.2
Selling and administrative expense38.565.5
Engineering expense7.414.2
Other segment items122.737.5
Segment operating profit$38.9$44.0$82.9
Corporate costs(14.0)
Operating profit68.9

Item 1. Financial Statements (Unaudited)

FAQ

What is Crane NXT, Inc.'s security and authentication technologies — engineering expense?
Crane NXT, Inc. (CXT) reported security and authentication technologies — engineering expense of $7.4M in Q2 2026.
How has Crane NXT, Inc.'s security and authentication technologies — engineering expense changed year-over-year?
Crane NXT, Inc.'s security and authentication technologies — engineering expense decreased by 19.6% year-over-year, from $9.2M to $7.4M.
What is the long-term trend for Crane NXT, Inc.'s security and authentication technologies — engineering expense?
Over 3 years (2022 to 2025), Crane NXT, Inc.'s security and authentication technologies — engineering expense has grown at a 50.0% compound annual growth rate (CAGR), from $11.3M to $38.1M.
What does security and authentication technologies — engineering expense mean?
Represents the investment in research, development, and engineering activities dedicated to advancing the segment's proprietary micro-optics and authentication technologies. High levels of expenditure indicate a strategic focus on innovation and maintaining a competitive technological advantage.

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