Crane Nxt, Co. · NYSE:CXT
Crane Nxt — Q1 2026 Earnings Presentation
23 slides from Crane Nxt's earnings presentation, May 7, 2026
Slide 1: First Quarter 2026 Financial Results
FIRST QUARTER 2026 FINANCIAL RESULTS May 7, 2026
Slide 2: Forward-Looking Statements - Disclaimer
FORWARD-LOOKING STATEMENTS - DISCLAIMER This presentation contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical statements of fact and those regarding the Company's intent, belief, or expectati
Slide 3: Delivering on Our Value Creation Priorities
Our Priorities Q1 Results Accelerating +6% organic growth1 organic growth DELIVERING Closed Antares ON OUR Building on our Vision acquisition VALUE CREATION leadership positions ahead of schedule PRIORITIES Driving operational +80 bps expansion in excellence through CBS Adj. EBITDA margin1 1 Please
Slide 4: Successfully Completed Antares Vision Acquisition Ahead of Schedule
SUCCESSFULLY COMPLETED ANTARES VISION Food and ACQUISITION AHEAD OF SCHEDULE Beverage ~40% ~€200M 2025 Sales1 EQUIPMENT SERVICE SOFTWARE ~60% Advanced inspection Field and remote Track and trace software Life Sciences and detection systems capabilities for to ensure the safety and to ensure the qual
Slide 5: A Differentiated Portfolio with Integrated Capabilities
A DIFFERENTIATED PORTFOLIO WITH INTEGRATED CAPABILITIES Proprietary Track and Trace Detection and Field Service Trusted Partner to Security Technology Software Inspection Equipment Capabilities Governments 1 5
Slide 6: Creating the Market Leader in Authentication and Traceability Technologies
CREATING THE MARKET LEADER IN AUTHENTICATION AND TRACEABILITY TECHNOLOGIES Security & Authentication Detection & Traceability Technologies (SAT) Technologies (DTT) Advanced, proprietary technologies Innovative solutions that ensure the OUR VALUE that prevent the counterfeiting of quality, authentici
Slide 7: Q1 2026 Results Summary
Q1 2026 RESULTS SUMMARY Sales Adj. EBITDA1 Adj. EPS1 Adj. FCF1 +17% +80 bps +11% +$12M +6% Organic1 +4% FX $388M $75M $0.60 $330M $61M 19% $0.54 -$19M 18% -$31M Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Normal seasonality; Continued strong Executing synergies in On-track to ful
Slide 8: SAT – Q1 Results
SAT – Q1 RESULTS Sales Adj. EBITDA1 Backlog +51% +610 bps +7% +22% Organic1 +8% FX $193M $39M $429M $127M $18M 20% $401M 14% Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 • Strength in International Currency Expect ~25% full year Adj. EBITDA1 • Continued strong backlog • Full operations in U.S. Cu
Slide 9: DTT – Q1 Results
DTT – Q1 RESULTS Sales Adj. EBITDA1 Backlog2 -4% -160 bps +51% -5% Organic1 +1% FX $203M $57M $221M $195M $52M $147M 28% 27% Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 ~MSD growth in CPI Service • CPI book-to-bill of ~1.0 YOY change driven by CPI volume offset by expected flow through and produ
Slide 10: Strong Balance Sheet and Capital Structure
STRONG BALANCE SHEET AND CAPITAL STRUCTURE Net Debt Net Leverage1 March 31, 2026 Fixed-rate debt Acquired Antares 6.55% USD Bonds due 2036 $200 Vision 4.20% USD Bonds due 2048 $350 Variable-rate debt 2.9x Revolver $126 2.3x 2.3x Acquired debt $124 Term Loan A - GBP $244 Term Loan B - EUR $496 Gross
Slide 11: Updating 2026 Financial Guidance
UPDATING 2026 FINANCIAL GUIDANCE DOLLARS IN MILLIONS ORIGINAL UPDATED GUIDANCE GUIDANCE Crane NXT Sales Growth1 +4% to +6% +15% to +17% Key updates from prior guidance: SAT segment sales growth ~HSD ~HSD • Low 20’s% sales growth in DTT DTT segment sales growth ~Flat Low 20’s% including Antares Visio
Slide 12: Delivering on Our Value Creation Priorities
Accelerating organic growth Investing in differentiated technology and capabilities to capture market tailwinds DELIVERING Building on our leadership positions ON OUR VALUE CREATION Applying our disciplined capital allocation process to expand our leadership positions in authentication and traceabil
Slide 13: 2028 Targets
2028 TARGETS Positioned To Drive Shareholder Value Creation Accelerating Building on our Driving operational organic growth leadership positions excellence through CBS Investing in differentiated Applying our disciplined Deploying the Crane Business technology and capabilities to capital allocation
Slide 14: Slide 14
Slide 15: Appendix
» APPENDIX
Slide 16: 2026 Sales Guidance
2026 SALES GUIDANCE SALES Organic1 FX Acquisitions Total2 SAT +2% to +4% +1% to +3% +4% to +5% +9% to +10% DTT 0% to +1% 0% to 0% +21% to +23% +21% to +23% Total +1% to +3% 0% to +2% +12% to +14% +15% to +17% Crane NXT 1 Please reference the Non-GAAP reconciliations and explanations in the appendix.
Slide 17: Non-GAAP Explanations
NON-GAAP EXPLANATIONS Crane NXT reports its financial results in accordance with U.S. generally accepted accounting principles (“GAAP”). This press release includes certain non-GAAP financial measures, including Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EPS, free cash flow, and Adjusted free
Slide 18: Non-GAAP Explanations
NON-GAAP EXPLANATIONS Reconciliations of certain forward-looking and projected non-GAAP measures, including Adjusted segment EBITDA margin and Adjusted EPS, to the closest corresponding GAAP measure are not available without unreasonable efforts due to the high variability, complexity and low visibi
Slide 19: Non-GAAP Explanations
NON-GAAP EXPLANATIONS • “Free cash flow,” “Adjusted free cash flow” and "Adjusted free cash flow conversion” provide supplemental information to assist management and investors in analyzing the Company’s ability to generate liquidity from its operating activities. The measure of free cash flow does
Slide 20: Non-GAAP Financial Measures for Crane NXT, Co.
Non-GAAP Financial Measures (unaudited, in millions, except per share data) NON-GAAP FINANCIAL MEASURES FOR CRANE NXT, CO. 20 Totals may not sum due to rounding. *Please see the Non-GAAP Financial Measures definitions in this release.
Slide 21: Non-GAAP Financial Measures for Crane NXT, Co.
Non-GAAP Financial Measures by Segment, First Quarter (unaudited, in millions) NON-GAAP FINANCIAL MEASURES FOR CRANE NXT, CO. *Please see the Non-GAAP Financial Measures definitions in this release. 21
Slide 22: Non-GAAP Financial Measures for Crane NXT, Co.
Free Cash Flow, Net Leverage Ratio (unaudited, in millions, except net leverage ratio) NON-GAAP FINANCIAL MEASURES 1 Represents cash paid for transaction related expenses. *Please see the Non-GAAP Financial Measures tables in this press release. FOR CRANE NXT, CO. *The TTM Adjusted EBITDA includes A
Slide 23: Slide 23