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Crane NXT, Co.
8/6/2026
Good day and thank you for standing by. Welcome to the Crane NXT second quarter 2026 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference call is being recorded. I would now like to hand the conference over to your speaker today, Matt Roache, Vice President, Investor Relations. Please go ahead.
Thank you, operator, and good morning, everyone. Welcome to Crane NXT's second quarter 2026 earnings conference call. Before we begin, I'd like to remind you that the presentation slides we will reference today are available in the investor relations section of our website at craneNXT.com. A replay of today's call will also be available on our website following the conclusion of our remarks. Before we discuss our results, I encourage all participants to review the legal notice on slide two regarding forward-looking statements, which are subject to risks, uncertainties, and other important factors that may cause actual results to differ materially. Additionally, please see the note on slide two on the use of non-GAAP financial measures. We also refer you to the cautionary language included in our earnings release, or Form 10-K, in subsequent SEC filings. During today's call, we'll discuss certain non-GAAP financial measures. Reconciliations of these measures to the most directly comparable GAAP measures can be found in the tables accompanying our earnings release and slide presentation, both of which are available in the investor relations section of our website. Joining me today are Aaron Saak, our President and Chief Executive Officer. and Christina Cristiano, our Senior Vice President and Chief Financial Officer. During the call, we will review our second quarter highlights, discuss our financial and operational performance, and provide an update on our 2026 financial guidance. After our prepared remarks, we'll open the call for questions. With that, I'll turn the call over to Aaron.
Thank you, Matt, and good morning to everyone joining us today to discuss our second quarter results. I'd like to begin by thanking our Crane NXT team members around the world for their strong operating performance throughout the course. The key message I want to reinforce today is that we are executing against our value creation priorities, delivering growth, building on our leadership positions, and driving operational excellence through organic margin expansion and strong free cash flow. And you can see that progress reflected in our second quarter results on slide three. Organic sales grew by approximately 3% and total sales increased approximately 22% year over year, reflecting both continued strong performance in our SAT segment and the contribution from Antares Vision in our DTT segment. And I'm very pleased with the progress we've made in Q2 with the integration of Antares We're quickly implementing the Crane business system, including training and holding Kaizen events to improve productivity and drive growth. And we're off to a strong start in our first 100 days and remain confident in our ability to achieve our full year estimates. Importantly, given the strong first half performance and confidence in our continued momentum, were increasing our full year adjusted EPS guidance to a range of $4.22 to $4.42. So with that, let me now hand the call over to Christina to review our second quarter performance in more detail and our updated guidance. Christina?
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