Crown Holdings, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 28, 2026, reporting third-quarter net sales of $3,711 million and nine-month net income attributable to the company of $645 million.

Key Highlights

  • Net sales of $3,711 million for the three months ended September 30, 2026, compared with $3,202 million in the same period of 2025, according to the filing.
  • Net income attributable to Crown Holdings was $225 million for Q3 2026, versus $214 million in Q3 2025, with diluted earnings per share of $2.08 compared with $1.85.
  • Nine-month net sales reached $10,638 million, up from $9,238 million for the first nine months of 2025, the filing disclosed.
  • Operating cash flow of $1,065 million was generated in the nine months ended September 30, 2026, versus $1,043 million in the prior-year period.
  • Common stock repurchased totaled $598 million in the nine months ended September 30, 2026, compared with $314 million in the same period of 2025.
  • Total assets stood at $14,623 million as of September 30, 2026, up from $14,272 million at December 31, 2025.
  • Shares outstanding were 108,051,473 as of October 26, 2026, per the filing's cover page.

Crown Holdings Reports Third-Quarter and Nine-Month 2026 Financial Results

According to the 10-Q filed with the SEC, Crown Holdings (NYSE:CCK) reported net sales of $3,711 million for the three months ended September 30, 2026, an increase from $3,202 million in the corresponding quarter of 2025. Income from operations for the same three-month period was $442 million, compared with $423 million a year earlier. Cost of products sold, excluding depreciation and amortization, rose to $2,987 million from $2,478 million in Q3 2025. Interest expense for the quarter was $97 million, down from $101 million in the prior-year quarter.

For the nine months ended September 30, 2026, the company disclosed net income of $743 million in total, of which $645 million was attributable to Crown Holdings and $98 million to noncontrolling interests. Diluted earnings per share attributable to Crown Holdings for the nine-month period were $5.85, versus $5.06 in the comparable 2025 period. Restructuring and other charges, net, were $8 million for the three months and $12 million for the nine months ended September 30, 2026, compared with $30 million and $75 million, respectively, in the prior-year periods.

The condensed consolidated balance sheet as of September 30, 2026, reflected long-term debt, excluding current maturities, of $5,711 million, up from $5,401 million at December 31, 2025. Cash and cash equivalents were $629 million at September 30, 2026, versus $764 million at year-end 2025. Capital expenditures in the nine months ended September 30, 2026, were $310 million, compared with $181 million in the same period a year prior. Dividends paid to shareholders in the nine-month period totaled $115 million, the filing stated.

What Was Disclosed

Crown Holdings filed a quarterly report covering the period ended September 30, 2026, disclosing income statements, a condensed balance sheet, cash flow statements, and equity changes, along with notes addressing asbestos liabilities, debt, derivatives, pensions, and segment information.