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Crane NXT, Inc. CXT Restructuring Charges
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Where this comes from
Reported directly by Crane NXT, Inc. in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
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, except per share data) | Three Months Ended / June 30, 2026 | Six Months Ended / June 30, 2025 | Six Months Ended / June 30, 2026 | 2025 |
|---|---|---|---|---|
| Operating costs and expenses: | ||||
| Cost of sales | 284.6 | 235.6 | 516.4 | 425.7 |
| Selling, general and administrative | 136.3 | 113.6 | 266.9 | 216.5 |
| Restructuring charges | 3.4 | 7.3 | 6.5 | 7.3 |
| Operating profit | 68.9 | 47.9 | 91.1 | 85.2 |
| Other (expense) income: | ||||
| Interest expense | (21.0) | (16.4) | (38.8) | (27.9) |
| Equity investment income | 0.1 | 0.3 | 4.8 | 0.4 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Crane NXT, Inc.'s restructuring charges?
- Crane NXT, Inc. (CXT) reported restructuring charges of $3.4M in Q2 2026.
- How has Crane NXT, Inc.'s restructuring charges changed year-over-year?
- Crane NXT, Inc.'s restructuring charges decreased by 53.4% year-over-year, from $7.3M to $3.4M.
- What is the long-term trend for Crane NXT, Inc.'s restructuring charges?
- Over 3 years (2022 to 2025), Crane NXT, Inc.'s restructuring charges has grown at a 39.4% compound annual growth rate (CAGR), from $6.2M to $16.8M.
- What does restructuring charges mean?
- One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.
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