CROWN HOLDINGS, INC.
For the period ended Jun 30, 2026. Filed Jul 30, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 30, 2026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-Q
| ☒ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
FOR THE QUARTERLY PERIOD ENDED June 30, 2026
| ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
FOR THE TRANSITION PERIOD FROM ____ TO ____
COMMISSION FILE NUMBER 001-41550
CROWN HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
| Pennsylvania | 75-3099507 | ||
|---|---|---|---|
| (State or other jurisdiction ofincorporation or organization) | (I.R.S. EmployerIdentification No.) | ||
| 14025 Riveredge Drive, Suite 300 | Tampa | FL | 33637 |
| (Address of principal executive offices) | (Zip Code) | ||
215-698-5100
(registrant’s telephone number, including area code)
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
| Title of each class | Trading Symbols | Name of each exchange on which registered |
|---|---|---|
| Common Stock $5.00 Par Value | CCK | New York Stock Exchange |
| 7 1/2% Debentures Due 2096 | CCK96 | New York Stock Exchange |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), 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 submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period 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 smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. (Check one)
| Large Accelerated Filer | ☒ | Accelerated filer | ☐ |
|---|---|---|---|
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
| Emerging growth company | ☐ | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Exchange Act Rule 12b-2). Yes ☐ No☒
There were 108,760,511 shares of Common Stock outstanding as of July 28, 2026.
TABLE OF CONTENTS
| PART I – FINANCIAL INFORMATION | 2 |
|---|---|
| Item 1. Financial Statements | 2 |
| CONSOLIDATED STATEMENTS OF OPERATIONS | 2 |
| CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | 3 |
| CONSOLIDATED BALANCE SHEETS (Condensed) | 4 |
| CONSOLIDATED STATEMENTS OF CASH FLOWS (Condensed) | 5 |
| CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY | 6 |
| NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS | 8 |
| A. Basis of Presentation | 8 |
| B. Recent Accounting and Reporting Pronouncements | 8 |
| C. Cash, Cash Equivalents, and Restricted Cash | 8 |
| D. Receivables | 9 |
| E. Inventories | 9 |
| F. Intangible Assets | 9 |
| G. Supplier Finance Program Obligations | 9 |
| H. Restructuring and Other | 10 |
| I. Asbestos-Related Liabilities | 10 |
| J. Commitments and Contingent Liabilities | 12 |
| K. Derivative and Other Financial Instruments | 13 |
| L. Debt | 18 |
| M. Pension and Other Postretirement Benefits | 19 |
| N. Capital Stock | 19 |
| O. Accumulated Other Comprehensive Loss Attributable to Crown Holdings | 20 |
| P. Revenue | 20 |
| Q. Earnings Per Share | 20 |
| R. Segment Information | 21 |
| Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations | 24 |
| Item 3. Quantitative and Qualitative Disclosures About Market Risk | 32 |
| Item 4. Controls and Procedures | 32 |
| PART II – OTHER INFORMATION | 33 |
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