Crawford & Company Reports 2026 Third Quarter Results
Q3 EPS $0.31 vs $0.25 y/y, net income $15.0M up 21%; revenue flat at $321.6M; non-GAAP EPS $0.37 vs $0.32.
What this release says
Crawford & Company reported third-quarter 2026 net income of $15.0 million, or $0.31 per diluted share, up from $12.4 million a year earlier, while revenues before reimbursements were roughly flat at $321.6 million. Management credited International Operations and weather-related claims activity, but said lower claims frequency is expected to pressure fourth-quarter results.
Key figures
- Q3 2026 net income
- $15.0 million
- Q3 2026 diluted EPS (CRD-A and CRD-B)
- $0.31
- Q3 2026 revenues before reimbursements
- $321.6 million
- Q3 2025 net income
- $12.4 million
- Q3 2026 International revenues before reimbursements
- $136.7 million
- Nine-month 2026 net income
- $33.4 million
Positive for shareholders
- Net income and diluted EPS both rose about 21% to 24% compared with the prior-year quarter.
- International Operations revenues grew 1.0%, supported by weather-related activity and disciplined cost management.
- Management reported a growing new business pipeline and stronger client relationships.
Negative for shareholders
- Revenues before reimbursements were essentially flat, slipping from $322.2 million.
- Lower claims frequency and moderating weather activity are expected to pressure fourth-quarter results.
- Excluding currency effects and the Crawford Legal Services disposition, International revenues fell 1.2% in the quarter.
Written by Quantisnow AI from this release. Not financial advice.
Key terms
- Revenues before reimbursements:
- Revenue excluding out-of-pocket expenses that clients repay the company, which do not affect profit.
- Adjusted EBITDA:
- A profit measure that adds back interest, taxes, depreciation, amortization and certain one-time or non-cash items, used by management but not defined under GAAP.
- Third-party administration:
- Services where the company handles insurance claims on behalf of other insurers or employers for a fee.
FAQ
How did Crawford & Company's third-quarter 2026 earnings compare with last year?
Net income attributable to shareholders was $15.0 million, or $0.31 per diluted share, versus $12.4 million, or $0.25 per share, in the prior-year quarter.
What drove the improvement at Crawford & Company in Q3 2026?
Management pointed to weather-related claims activity and disciplined cost management in the International segment, along with growth in its new business pipeline.
What does Crawford & Company expect for the fourth quarter?
The company said lower claims frequency and moderating weather-related activity are expected to pressure fourth-quarter results.
Historical context for CRD
Across the 13 sessions after earlier CRD headlines, the stock closed higher 9 times and lower 4 times, with a median move of 9.7% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | CRD | SPY |
|---|---|---|---|
| Oct 29, 2026 | Crawford & Company Board Approves Quarterly Dividends | -9.7% | -0.4% |
| Oct 21, 2026 | Customer Experience Is the Leading Measure of Managed Repair Success, Contractor Connection Research Finds | +11.5% | +0.5% |
| Oct 20, 2026 | Crawford & Company® Announces Third Quarter 2026 Earnings Conference Call | -0.9% | +0.3% |
| Oct 8, 2026 | 58% of Restoration Contractors Are Absorbing Higher Labor Costs, Contractor Connection Research Finds | -8.6% | -0.4% |
| Oct 1, 2026 | Crawford Expands Technical Expertise in Argentina | +15.5% | +0.2% |
| Aug 6, 2026 | Crawford Strengthens Claims Capabilities in Colombia With Addition of Asegúrate Team | +5.6% | -0.2% |
- Market cap
- 30-day
- Listed since
- n/a
Follow CRD and get a push notification the moment its next story breaks.