Crawford & Company A ( ($CRD.A) ) has released its Q3 earnings. Here is a breakdown of the information Crawford & Company A presented to its investors.
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Crawford & Company, a prominent provider of claims management and outsourcing solutions, operates within the insurance sector, offering services to clients across more than 70 countries. In its third-quarter earnings report for 2025, Crawford & Company highlighted a solid growth in net income and operating earnings despite a slight decline in overall revenues. The company reported a 31% increase in net income, reaching $12.4 million, and a 22% rise in adjusted operating earnings. Notably, the Broadspire and International Operations segments achieved record quarterly revenues, driven by growth in medical case management and international claims.
The company’s financial performance was marked by a 2% decrease in revenues to $322.2 million compared to the previous year, attributed to reduced claims activity in North America. However, the net income rose significantly due to improved efficiencies and expanded client relationships. The International Operations segment saw a 6.7% revenue increase, while Broadspire’s revenues grew by 4.4%, both contributing to the company’s strong performance. Conversely, the Platform Solutions segment experienced a notable revenue decline due to reduced staff augmentation business.
Crawford & Company’s strategic focus on operational excellence and client engagement has bolstered its financial position, as evidenced by a 23% increase in adjusted EBITDA to $36.3 million. The company also maintained a robust balance sheet, with cash and cash equivalents rising to $68.8 million. Despite challenges in some segments, the overall outlook remains positive, supported by a strong pipeline and commitment to expanding global reach.
Looking ahead, Crawford & Company aims to leverage its strong balance sheet and growing client base to enhance its position as a leading partner for insurance providers worldwide. The management remains focused on operational excellence and deepening client relationships to drive future growth.