Earnings Releases·Nov 2, 2026, 4:18 PM ET

Crawford & Company — Third Quarter 2026 Earnings Summary

Net income attributable to shareholders rose 21% year-over-year to $15.0 million ($0.31/share) for Q3 2026, while year-to-date net income increased 24% to $33.4 million ($0.68/share); adjusted operating earnings and EBITDA also grew 8% and 2% respectively for the quarter.
Total revenues declined slightly to $321.6 million in Q3 and $952.6 million year-to-date, impacted by lower weather-related claims, staff reductions in Catastrophe Services, and the $12.1 million revenue reduction from the disposition of Crawford Legal Services.
Management forecasts fourth-quarter results will be pressured by lower claims frequency and moderating weather-related activity, though strategic priorities remain focused on profitable market-share growth and U.S. realignment.
Capital allocation included share repurchases of 1,815,458 CRD-A and 108,963 CRD-B shares in the first nine months of 2026, while cash and equivalents increased to $79.0 million despite a rise in total debt to $225.1 million.