---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-063574"
form_type: "8-K"
ticker: "CRD-A"
cik: "0000025475"
company_name: "CRAWFORD & CO"
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T19:36:41.613345+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Crawford & Company Q1 revenue $312M (+3%); net income $6.7M ($0.13/diluted), adj EPS $0.21

## Summary
- Revenue before reimbursements $312.0M (+3% YoY); net income $6.7M ($0.13 diluted EPS) vs $2.8M ($0.06).
- Consolidated adjusted operating earnings $17.8M (+47%); adjusted EBITDA $26.8M (+30%).
- International Ops revenue +6.4% to $104.4M, operating earnings +105% to $3.5M; Broadspire margin down to 12.7%.
- Subsequent event: foreign tax authority guidance may cause ~$5.0M negative impact (evaluation ongoing).
- Free cash flow improved to -$23.2M from -$29.4M; no share repurchases in Q1 2025.

## SEC filing metadata
- accession: 0000950170-25-063574
- form_type: 8-K
- ticker: CRD-A
- cik: 0000025475
- company_name: CRAWFORD & CO
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/25475/000095017025063574/0000950170-25-063574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25475/000095017025063574/crda-20250505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-063574
- JSON: https://secwatch.observer/filing/0000950170-25-063574.json
- Plain text: https://secwatch.observer/filing/0000950170-25-063574.txt

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