---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-015595"
form_type: "8-K"
ticker: "CRD-A"
cik: "0000025475"
company_name: "CRAWFORD & CO"
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T03:03:23.681439+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Crawford Q2 revenue up 10% to $293M, net income falls 51% to $5.8M; margins shrink

## Summary
- Revenue before reimbursements $293.3M (+10% YoY); GAAP net income $5.8M vs $11.8M; diluted EPS $0.12 vs $0.22.
- Non-GAAP adjusted EPS $0.15 (CRD-A) / $0.16 (CRD-B) vs $0.25 / $0.26. Adjusted EBITDA $21.8M (7.4% margin) vs $29.0M (10.8%).
- Platform Solutions revenue +22% to $53.7M but operating earnings halved to $4.6M; International Operations posted a $0.7M operating loss.
- Broadspire segment revenue +5.5% to $80.1M, operating earnings up to $7.7M (9.6% margin).
- Operating cash used $12.8M in H1 2022 vs $10.5M provided in 2021; $26.7M spent on share repurchases in 2022.

## SEC filing metadata
- accession: 0000950170-22-015595
- form_type: 8-K
- ticker: CRD-A
- cik: 0000025475
- company_name: CRAWFORD & CO
- filed_at: 2022-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25475/000095017022015595/0000950170-22-015595-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25475/000095017022015595/crda-20220808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-015595
- JSON: https://secwatch.observer/filing/0000950170-22-015595.json
- Plain text: https://secwatch.observer/filing/0000950170-22-015595.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.