Crawford United Corporation Announces Third Quarter 2025 Results

Core Insights - Crawford United Corporation reported strong financial results for the quarter ended September 30, 2025, with significant increases in sales, operating income, and net income compared to the same period in 2024 [2][3][4]. Financial Performance - Sales for the quarter reached $47.2 million, a 28.4% increase from $36.7 million in Q3 2024 [2]. - Operating income was $7.0 million, up 34.0% from $5.3 million in the same quarter of the previous year [2]. - Net income for the quarter was $5.4 million, or $1.52 per fully diluted share, representing a 60.4% increase from $3.4 million, or $0.95 per share, in Q3 2024 [2][6]. - Year-to-date sales totaled $137.3 million, a 21.7% increase from $112.8 million in the same period of 2024 [3]. - Year-to-date operating income was $19.3 million, reflecting a 28.9% increase from $14.9 million in the prior year [3]. - Year-to-date net income reached $13.7 million, or $3.84 per fully diluted share, a 41.6% increase from $9.6 million, or $2.72 per share, in 2024 [3][6]. - EBITDA As Defined for the quarter was $9.1 million, a 34.3% increase from $6.8 million in Q3 2024 [2][6]. Business Overview - Crawford United Corporation operates as a growth-oriented holding company providing specialty industrial products across various sectors, including healthcare, aerospace, transportation, and energy [4]. - The company has two business segments: Commercial Air Handling Equipment and Industrial & Transportation Products, focusing on complex, highly-engineered products [4].