Crawford Q1 net income falls 27% to $4.9M; revenue down 1% to $309.5M

CRAWFORD & CO

GAAP diluted EPS $0.10 (both classes) down 23% YoY; Non-GAAP adjusted EPS $0.16 down 24%.
Consolidated operating earnings $13.7M, down 23%; US P&C segment revenue down 11.3% on lower weather claims.
International Operations revenue up 4.5% (+4.5% reported, constant currency -3%); Broadspire up 1.0%.
Free cash flow -$4.6M (improved from -$23.2M); repurchased 468k CRD-A and 60k CRD-B shares.
CEO cited $24M in new business wins; cash and equivalents $54.5M, total debt $194.1M.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

CRAWFORD & CO reported first quarter ended March 31, 2026 results: revenue $309.5 million, net income $4.9 million, EPS $0.10 per diluted share for CRD-A and CRD-B.

Period: first quarter ended March 31, 2026
Revenue: $309.5 million
Net income: $4.9 million
EPS: $0.10 per diluted share for CRD-A and CRD-B
Result: reported results

Exact text from the filing

Crawford & Company® (NYSE: CRD-A and CRD-B), is pleased to announce its financial results for the first quarter ended March 31, 2026. Revenues before reimbursements decreased (1)% to $309.5 million in the 2026 first quarter from $312.0 million in the 2025 first quarter. First quarter net income was $4.9 million, or $0.10 per diluted share for CRD-A and CRD-B, compared to $6.7 million, or $0.13 per diluted share for CRD-A and CRD-B in the prior year quarter.

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Source: SEC EDGAR

accession 0001193125-26-204368

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