Company: CRD-A
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001193125-25-262728
Chunk: 0

Company: CRAWFORD & CO
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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CRAWFORD & COMPANY

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

Unaudited

     Three Months Ended September 30,

     (In thousands, except per share amounts)
      
     2025

     2024

     Revenues:

     Revenues before reimbursements
      
     $
     322,171

     $
     329,375

     Reimbursements

     10,636

     13,351

     Total Revenues

     332,807

     342,726

     Costs and Expenses:

     Costs of services provided, before reimbursements

     228,379

     235,957

     Reimbursements

     10,636

     13,351

     Total costs of services

     239,015

     249,308

     Selling, general, and administrative expenses

     69,393

     71,526

     Corporate interest expense, net of interest income of $801 and $830, respectively

     3,788

     4,682

     Total Costs and Expenses

     312,196

     325,516

     Other Loss, net

     (2,409
     )

     (2,490
     )

     Income Before Income Taxes

     18,202

     14,720

     Provision for Income Taxes

     5,813

     5,333

     Net Income

     12,389

     9,387

     Net Loss Attributable to Noncontrolling Interests

     19

     66

     Net Income Attributable to Shareholders of Crawford & Company
      
     $
     12,408

     $
     9,453

     Earnings Per Share - Basic:

     Class A Common Stock
      
     $
     0.25

     $
     0.19

     Class B Common Stock
      
     $
     0.25

     $
     0.19

     Earnings Per Share - Diluted:

     Class A Common Stock
      
     $
     0.25

     $
     0.19

     Class B Common Stock
      
     $
     0.25

     $
     0.19

     Weighted-Average Shares Used to Compute Basic Earnings Per Share:

     Class A Common Stock