Crawford (CRD-B) Operating Expenses (2009 - 2026)

Crawford (CRD-B) reported Operating Expenses of $310.8 million for Q1 2026, little changed on a YoY basis from $311.7 million in Q1 2025, and down 4.12% quarter-over-quarter from $324.1 million in Q4 2025.

Crawford (CRD-B) Operating Expenses (2009 - 2026) Analysis & Trends

Crawford has reported Operating Expenses for 18 years, with the latest figure at $310.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses changed 0.3% year-over-year to $310.8 million; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (down 2.26% YoY), and the FY2025 full-year result was $1.3 billion, down 1.81% from the prior year.
  • Operating Expenses for Q1 2026 stood at $310.8 million, down from $324.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $346.3 million in Q4 2024, with the low at $280.7 million in Q1 2022.
  • Historically, Operating Expenses has averaged $315.1 million across 5 years, with a median of $312.2 million in 2025.
  • Annual changes were most pronounced in 2022 — Operating Expenses increased 18.74% — and 2025, when it dropped 6.4%.
  • Crawford's Operating Expenses stood at $316.0 million in 2022, then retreated by 2.32% to $308.7 million in 2023, then climbed by 12.19% to $346.3 million in 2024, then decreased by 6.4% to $324.1 million in 2025, then slipped by 4.12% to $310.8 million in 2026.
  • The last three Operating Expenses figures came in at $310.8 million (Q1 2026), $324.1 million (Q4 2025), and $312.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marsh & Mclennan Companies 78.48 Bn 66.97 Bn 5.88 Bn 5.84 Bn
2 Aon 68.22 Bn 66.83 Bn - 3.32 Bn
3 Arthur J. Gallagher 55.14 Bn 53.75 Bn - 3.72 Bn
4 Willis Towers Watson 24.26 Bn 22.48 Bn 1.98 Bn 1.96 Bn
5 Brown & Brown 19.77 Bn 18.79 Bn 1.61 Bn 17.00 Mn
6 XChange TEC.INC 6.99 Bn 6.98 Bn - -
7 Neptune Insurance Holdings 4.02 Bn 4.01 Bn - 24.35 Mn
8 Corvel 3.00 Bn 2.66 Bn 54.92 Mn 22.68 Mn
9 Accelerant Holdings 2.87 Bn 1.36 Bn 48.00 Mn 271.30 Mn
10 Crawford - - 88.11 Mn 310.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 310.80 Mn
Dec 31, 2025 324.14 Mn
Sep 30, 2025 312.20 Mn
Jun 30, 2025 318.52 Mn
Mar 31, 2025 311.73 Mn
Dec 31, 2024 346.29 Mn
Sep 30, 2024 325.52 Mn
Jun 30, 2024 311.42 Mn
Mar 31, 2024 306.72 Mn
Dec 31, 2023 308.67 Mn
Sep 30, 2023 321.04 Mn
Jun 30, 2023 321.89 Mn
Mar 31, 2023 309.79 Mn
Dec 31, 2022 316.00 Mn
Sep 30, 2022 335.42 Mn
Jun 30, 2022 295.62 Mn
Mar 31, 2022 280.71 Mn
Dec 31, 2021 299.78 Mn
Sep 30, 2021 282.49 Mn
Jun 30, 2021 262.12 Mn