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CRA International, Inc. (CRAI)

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CRA International, Inc. (CRAI) reported revenue of $211 million for Q2 FY2026, the quarter ended 4 July 2026, up 12.8% on the same quarter a year earlier. Net income was $14 million, up 11.4% on the year, and diluted earnings per share $2.10. The figures are the company's own, from the 10-Q it filed with the SEC on 6 August 2026.

Revenue$211 millionup 12.8%
Net income$14 millionup 11.4%
Diluted EPS$2.10
QuarterQ2 FY2026ended 4 July 2026

CRA International (CRAI) in brief

CRA International (CRAI) reported revenue of $752 million for fiscal 2025, the year ended 3 January 2026, up 9.3% on the year before.
Read moreNet income was $55 million and diluted earnings per share $8.14. Revenue was $687 million in fiscal 2024, $624 million in fiscal 2023, $591 million in fiscal 2022 and $566 million in fiscal 2021. Net income in the same years was $47 million, $38 million, $44 million and $42 million. Over the twelve months to 4 July 2026, CRA International reported revenue of $795 million and net income of $49 million. Revenue grew 8.1% a year, compounded, over the five years to fiscal 2025. CRA International declared $2.20 a share in dividends over the last four quarters and had 6 million shares outstanding at the latest filed count. At 4 July 2026 it carried $219 million of debt and $21 million of cash. At the close of 29 October 2026 the market cap of CRA International was $1.2 billion, 26.2 times its earnings over the last twelve months.

Ratios

From the filings

ROE27.1%
ROCE19.8%
Operating margin10.0%
Net margin6.2%
FCF margin-3.5%
Interest cover11.19
Debt to equity1.20
Cash conversion-0.44
Share count, last 12 months-4.7%
Sales CAGR, 3 years8.3%
Profit CAGR, 3 years7.9%
EPS, TTM$7.51

At the close of 29 October 2026

Price$196.91
Market cap$1.2 billion
Stock P/E26.22
Price to book6.77
EV / EBITDA15.32
Dividend yield1.1%
Market cap / sales1.55
52-week high$223.33
52-week low$137.75
Price, 1 year10.5%
Price CAGR, 3 years26.8%
Price CAGR, 5 years12.4%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of CRA International, Inc.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
CRAIgreeksoup.ai
Daily prices to 29 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on CRAI

Dividends$2.20 a share over the four quarters to 4 July 2026, a 1.12% yield
Filings13 in twelve months: 6 current reports (8-K), about 5 regulation FD disclosure; 4 results of operations; 1 shareholder vote; 1 officer or director change
Planned insider sales12 Form 144 notices in twelve months, $6.5 million; latest 31 August 2026
Options tapeno listed options
13F holders212 funds reported a position for the quarter to 30 June 2026; largest BlackRock, Inc.
Insider trading38 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest326,891 shares short, 2.63 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue136135148149148145153162148162172171168176182187186197201211
Cost of revenue96.093.7104103102101108113106113119125115121120129131139145149
Gross profit40.441.144.346.046.244.345.048.641.748.952.946.152.655.961.558.354.458.055.962.1
Gross margin30%31%30%31%31%31%29%30%28%30%31%27%31%32%34%31%29%29%28%29%
SG&A24.525.625.828.028.228.128.429.827.929.030.532.031.331.332.535.133.733.734.535.3
Operating income12.812.415.515.014.913.313.715.910.817.119.611.318.421.525.519.717.220.618.023.5
Operating margin9%9%10%10%10%9%9%10%7%11%11%7%11%12%14%11%9%10%9%11%
Interest expense0.20.20.20.50.70.50.61.61.00.60.51.51.51.00.41.81.81.41.03.0
Pre-tax income12.911.915.516.215.911.112.613.610.515.619.09.616.021.624.617.116.218.617.420.1
Tax rate15%27%26%28%25%22%29%30%18%26%28%32%29%31%27%29%29%29%36%33%
Net income10.98.711.411.611.98.78.99.58.611.513.76.511.415.018.012.111.513.211.113.5
Net margin8%6%8%8%8%6%6%6%6%7%8%4%7%8%10%6%6%7%6%6%
Diluted EPS$1.44$1.14$1.52$1.57$1.63$1.19$1.23$1.34$1.21$1.62$1.95$0.94$1.67$2.18$2.62$1.79$1.73$1.99$1.69$2.10
Operating cash flow50.161.8-61.8-17.043.860.1-70.15.165.060.1-63.11.831.679.4-80.05.936.560.0-114-4.4
Capital expenditure0.60.91.30.70.90.80.60.70.70.40.72.33.010.61.01.20.71.12.61.6
Free cash flow49.660.9-63.2-17.742.959.3-70.64.464.259.7-63.8-0.528.668.8-81.04.735.959.0-117-6.1
Buybacks5.05.05.017.75.00.020.63.00.07.89.224.10.00.00.043.14.00.021.527.8
Dividends paid1.92.42.42.32.22.72.72.52.53.03.12.92.93.53.53.43.23.73.83.6
Shares outstanding7m7m7m7m7m7m7m7m7m7m7m7m7m7m7m7m7m7m6m6m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 10 fiscal years and the trailing twelve months

FY2016FY2017FY2018 †FY2019 †FY2020 †FY2021FY2022FY2023FY2024FY2025TTM
Revenue325370418451508566591624687752795
Cost of revenue227259289318371400410440480519564
Gross profit97.4111128134138166181184207232230
Gross margin30.0%30.1%30.8%29.6%27.1%29.3%30.6%29.5%30.2%30.9%29.0%
Selling, general and administrative70.686.589.593.690.097.4110115125135137
Operating income18.915.828.929.334.855.758.757.570.883.179.4
Operating margin5.8%4.3%6.9%6.5%6.8%9.8%9.9%9.2%10.3%11.1%10.0%
Interest expense0.50.50.61.31.21.01.83.84.45.47.1
Pre-tax income21.915.228.926.833.654.358.852.366.276.672.3
Income tax7.77.56.56.09.112.615.213.819.621.823.0
Effective tax rate35.0%49.2%22.3%22.6%27.1%23.2%25.8%26.4%29.6%28.5%31.8%
Net income12.97.622.520.724.541.743.638.546.754.849.3
Net margin4.0%2.1%5.4%4.6%4.8%7.4%7.4%6.2%6.8%7.3%6.2%
Diluted EPS$1.49$0.89$2.61$2.53$3.07$5.45$5.91$5.39$6.74$8.14$7.51
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by region FY2023 to FY2026

FY2023FY2024FY2026Share
of the parts, latest year
United States49455960280.1%
United Kingdom94.486.510113.5%
Other35.642.148.26.4%
United StatesUnited KingdomOther
624FY2023687FY2024752FY2026

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2016FY2017FY2018 †FY2019 †FY2020 †FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow48.245.936.227.854.775.725.160.149.722.4-21.7
Capital expenditure13.09.815.416.717.12.63.82.416.63.96.0
Free cash flow35.136.120.711.137.673.121.357.733.118.6-27.7
Free cash flow margin10.8%9.8%5.0%2.5%7.4%12.9%3.6%9.2%4.8%2.5%-3.5%
Cash from investing-11.9-25.7-15.4-16.7-17.1-2.6-18.2-2.9-18.1-3.9-6.0
Cash from financing-19.2-21.9-35.7-23.8-19.5-52.0-39.0-44.5-48.9-29.829.1
Depreciation and amortisation7.98.910.010.612.812.812.011.611.714.113.9
Share-based compensation6.96.64.83.53.24.14.84.45.35.97.3
Buybacks19.319.527.918.113.445.027.631.433.347.153.3
Dividends paid1.24.95.86.87.58.39.610.812.313.814.4
Dividend per share$0.14$0.59$0.71$0.83$0.95$1.09$1.29$1.50$1.75$2.04n/a
Diluted shares, weighted9m8m9m8m8m8m7m7m7m7m6m
Shares outstanding at period end8m8m8m8m8m7m7m7m7m7m6m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2016FY2017FY2018 †FY2019 †FY2020 †FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity207207196198209206211212212214182
Non-controlling interest0.70.3n/an/an/an/an/an/an/an/an/a
Debtn/an/an/an/a0.00.00.00.00.034.0219
Operating lease liabilitiesn/an/an/a14713912410692.384.576.067.0
Other liabilities116155174189210225234249275305211
Total liabilities and equity324362371533559555551553571629678
Owned
Fixed assets36.444.648.161.362.953.645.638.245.236.734.9
Goodwill74.889.088.288.589.288.992.994.093.794.794.6
Intangible assets2.79.27.86.55.14.28.67.27.25.74.9
Cash and equivalents53.554.038.025.645.766.131.445.626.718.221.4
Receivables66.979.894.5108112117144143162183168
Other assets89.485.194.2243244226229226236290355
Total assets324362371533559555551553571629678
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a8.1%8.3%11.5%
Profit growth, compoundedn/a17.5%7.9%-12.8%
Return on equity, average15.0%21.3%21.9%25.6%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was CRA International's revenue in fiscal 2025?

CRA International (CRAI) reported revenue of $752 million for fiscal 2025, the year ended 3 January 2026, up 9.3% on the year before.

How much did CRA International earn in fiscal 2025?

Net income was $55 million for fiscal 2025, and diluted earnings per share $8.14.

What is CRA International's P/E ratio?

At the close of 29 October 2026, CRA International traded at 26.2 times its earnings over the twelve months to 4 July 2026.

What is CRA International's market cap?

The market cap of CRA International was $1.2 billion at the close of 29 October 2026.

Does CRA International pay a dividend?

Yes. CRA International declared $2.20 a share in dividends over the four quarters to 4 July 2026.

Peers: Personal Services

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Bright Horizons Family Solutions Inc. BFAM$3.3 billion21.2318.6%10.3%8.5%1.36n/a
Driven Brands Holdings Inc. DRVN$2.0 billion11.6223.0%14.0%7.6%2.02n/a
Perdoceo Education Corp. PRDO$2.0 billion11.4517.1%24.6%11.7%n/a1.9%
Strategic Education, Inc. STRA$1.7 billion12.978.2%14.0%3.5%0.003.1%
Universal Technical Institute Inc. UTI$1.3 billion38.0610.0%5.0%9.1%0.46n/a
CRA International, Inc. CRAI$1.2 billion26.2227.1%10.0%11.5%1.201.1%
U-Haul Holding Co. UHAL$1.1 billionn/a0.8%7.0%3.0%1.36n/a
Yelp Inc. YELP$1.0 billion9.0719.6%11.7%1.5%0.16n/a
American Public Education Inc. APEI$813 million18.2114.5%9.6%3.6%0.28n/a
Lincoln Educational Services Corp. LINC$702 million30.7611.3%5.9%22.0%0.13n/a
Hertz Global Holdings, Inc. HTZ$694 millionn/an/a-2.5%3.4%n/an/a
Carriage Services Inc. CSV$562 million12.6716.0%21.9%2.4%1.901.3%
All 22 in Personal Services
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Ryder System Inc. R$10.7 billion21.3917.5%n/a3.2%2.421.3%
Service Corp. International SCI$10.2 billion18.6535.6%22.7%3.0%3.281.9%
H&R Block Inc. HRB$6.1 billion8.69624.4%23.0%4.9%12.693.4%
Graham Holdings Co. GHC$4.9 billion10.1910.3%5.4%4.3%0.180.6%
Laureate Education, Inc. LAUR$4.9 billion13.3233.5%25.8%20.9%0.17n/a
Unifirst Corp. UNF$4.7 billion42.724.9%5.4%3.7%0.00n/a
Covista Inc. CVSA$4.3 billion17.5818.1%19.8%9.3%0.35n/a
Grand Canyon Education, Inc. LOPE$4.0 billion18.6433.5%24.5%7.0%0.00n/a
Avis Budget Group, Inc. CAR$3.8 billionn/an/a-4.6%0.4%n/an/a
Stride, Inc. LRN$3.4 billion11.1320.0%18.4%2.5%0.25n/a
Bright Horizons Family Solutions Inc. BFAM$3.3 billion21.2318.6%10.3%8.5%1.36n/a
Driven Brands Holdings Inc. DRVN$2.0 billion11.6223.0%14.0%7.6%2.02n/a
Perdoceo Education Corp. PRDO$2.0 billion11.4517.1%24.6%11.7%n/a1.9%
Strategic Education, Inc. STRA$1.7 billion12.978.2%14.0%3.5%0.003.1%
Universal Technical Institute Inc. UTI$1.3 billion38.0610.0%5.0%9.1%0.46n/a
CRA International, Inc. CRAI$1.2 billion26.2227.1%10.0%11.5%1.201.1%
U-Haul Holding Co. UHAL$1.1 billionn/a0.8%7.0%3.0%1.36n/a
Yelp Inc. YELP$1.0 billion9.0719.6%11.7%1.5%0.16n/a
American Public Education Inc. APEI$813 million18.2114.5%9.6%3.6%0.28n/a
Lincoln Educational Services Corp. LINC$702 million30.7611.3%5.9%22.0%0.13n/a
Hertz Global Holdings, Inc. HTZ$694 millionn/an/a-2.5%3.4%n/an/a
Carriage Services Inc. CSV$562 million12.6716.0%21.9%2.4%1.901.3%
No other company here shares its SEC industry code (Services-Legal Services); these are the names nearest in size in its wider industry, Personal Services, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q4 July 20266 August 2026EDGAR
10-Q4 April 20267 May 2026EDGAR
10-K3 January 202626 February 2026EDGAR
10-Q27 September 202530 October 2025EDGAR
10-Q28 June 202531 July 2025EDGAR
10-Q29 March 20251 May 2025EDGAR
10-K28 December 202420 February 2025EDGAR
10-Q28 September 202431 October 2024EDGAR
10-Q29 June 20241 August 2024EDGAR
10-Q30 March 20242 May 2024EDGAR