Crane NXT Co
NYSE:CXT
Crane NXT Co
Crane NXT Co., a pivotal player in the realm of advanced technology and solutions, has carved its niche by ingeniously blending innovation and precision to solve complex challenges. Born from a lineage of engineering excellence, it operates in specialized sectors that demand both sophisticated understanding and cutting-edge products. Primarily, Crane NXT capitalizes on its deep expertise in payment and automation technologies, catering to industries such as banking, retail, and transportation. Its prowess lies in developing secure, efficient, and reliable mechanisms that streamline transactions and enhance operational efficiencies, capturing the essence of modern needs in a tech-driven economy.
Integral to its financial model, Crane NXT's business thrives on a robust structure that leverages both product sales and ongoing service agreements. The company not only supplies hardware and software solutions but also sustains long-term relationships with its clients through comprehensive maintenance services and technological upgrades. This dual revenue stream not only stabilizes cash flow but also ensures continued growth through recurring income. By constantly innovating and adapting to the evolving technological landscape, Crane NXT sustains its competitive advantage, fortifying its reputation as a stalwart in sectors that thread technology and security seamlessly into the fabric of daily transaction and automation processes.
Crane NXT Co., a pivotal player in the realm of advanced technology and solutions, has carved its niche by ingeniously blending innovation and precision to solve complex challenges. Born from a lineage of engineering excellence, it operates in specialized sectors that demand both sophisticated understanding and cutting-edge products. Primarily, Crane NXT capitalizes on its deep expertise in payment and automation technologies, catering to industries such as banking, retail, and transportation. Its prowess lies in developing secure, efficient, and reliable mechanisms that streamline transactions and enhance operational efficiencies, capturing the essence of modern needs in a tech-driven economy.
Integral to its financial model, Crane NXT's business thrives on a robust structure that leverages both product sales and ongoing service agreements. The company not only supplies hardware and software solutions but also sustains long-term relationships with its clients through comprehensive maintenance services and technological upgrades. This dual revenue stream not only stabilizes cash flow but also ensures continued growth through recurring income. By constantly innovating and adapting to the evolving technological landscape, Crane NXT sustains its competitive advantage, fortifying its reputation as a stalwart in sectors that thread technology and security seamlessly into the fabric of daily transaction and automation processes.
Strong Q4 Results: Crane NXT delivered approximately 20% sales growth and a 25% adjusted EBITDA margin in Q4, ending the year with solid momentum.
EPS & Cash Flow: Full year adjusted EPS reached $4.06 and adjusted free cash flow conversion was 94%, both in line with expectations.
Guidance for 2026: Management projects full year sales growth of 4%–6% and adjusted EPS between $4.10 and $4.40, with margins expected to remain strong.
Record Currency Wins: The company exceeded its goal with 20 new micro-optics currency denomination wins, including 5 in Fiji, and backlog in currency is up over 30% YoY.
Strategic Investments: Investments are underway to expand international currency capacity and support rapid growth, including around-the-clock operations and new production lines.
Authentication Contracts: Crane renewed major contracts, including multi-year deals with the NFL and MLB, supporting recurring revenue in its authentication segment.
Antares Vision Acquisition: The Antares Vision deal is progressing as planned, with full consolidation expected by mid-2026.
