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| Date | Value |
|---|---|
| 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 |