克劳福德-A 2026年季度报告

Form 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 for the quarterly period ended March 31, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 for the transition period from ____ to ____ Commission file number 1-10356CRAWFORD & COMPANY(Exact name of Registrant as specified in its charter) Georgia58-0506554(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) (404) 300-1000(Registrant's telephone number, including area code) Securities Registered Pursuant to Section 12(b) of the Act: Indicate by check mark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file suchreports), and (2) has been subject to such filing requirements for the past 90 days. Yes☑No☐ Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorterperiod that the Registrant was required to submit such files).Yes☑No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smallerreporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filer Accelerated filerSmaller reporting companyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). The number of shares outstanding of each class of the Registrant's common stock, as of April 27, 2026, was as follows: Class A Common Stock, $1.00 par value: 29,794,665Class B Common Stock, $1.00 par value: 18,946,274 CRAWFORD & COMPANYQuarterly Report on Form 10-QQuarter Ended March 31, 2026 Table of Contents Part I. Financial Information Item 1.Financial Statements:3Condensed Consolidated Statements of Operations (unaudited) for the three months ended March 31, 2026and 20253Condensed Consolidated Statements of Comprehensive Income (unaudited) for the three months endedMarch 31, 2026 and 20254Condensed Consolidated Balance Sheets as of March 31, 2026(unaudited)and December 31, 20255Condensed Consolidated Statements of Cash Flows (unaudited) for the three months ended March 31,2026 and 20257Condensed Consolidated Statements of Shareholders' Investment (unaudited) as of and for the threemonths ended March 31, 2026 and 20258Notes to Condensed Consolidated Financial Statements (unaudited)9Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations25Item 3.Quantitative and Qualitative Disclosures About Market Risk38Item 4.Controls and Procedures38Part II. Other InformationItem 1.Legal Proceedings40Item 1A.Risk Factors40Item 2.Unregistered Sales of Equity Securities and Use of Proceeds40Item 5.Other Information40Item 6.Exhibits41Signatures42 CRAWFORD & COMPANYCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONSUnaudited CRAWFORD & COMPANYCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOMEUnaudited CRAWFORD & COMPANYCONDENSED CONSOLIDATED BALANCE SHEETS (The accompanying notes are an integral part of these condensed consolidated financial statements) CRAWFORD & COMPANYCONDENSED CONSOLIDATED BALANCE SHEETS — CONTINUED (The accompanying notes are an integral part of these condensed consolidated financial statements) CRAWFORD & COMPANYCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWSUnaudited CRAWFORD & COMPANYCONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' INVESTMENTUnaudited (In thousands, except per share amounts) NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTSUnaudited Based in Atlanta, Georgia, Crawford & Company ("Crawford" or "the Company") is a leading global provider of claimsmanagement and outsourcing solutions to insurance companies and self-insured entities with an expansive network serving clientsin more than 70 countries. Shares of the Company's two classes of common stock are traded on the New York Stock Exchange ("NYSE") under the symbolsCRD-A and CRD-B. The Company's two classes of stock are substantially identical, except with respect to voting rights for theClass B Common Stock (CRD-B), and protections for the non-voting Class A Common Stock (CRD-A). More information can befound on the Company's websitewww.crawco.com. The information contained on, or hyp