CRA International, Inc. filed its Form 10-Q for the fiscal quarter ended July 4, 2026 with the U.S. Securities and Exchange Commission, reporting second-quarter and year-to-date financial results for fiscal 2026.

Key Highlights

  • Quarterly revenue of $210,815 thousand: revenues rose from $186,878 thousand in the comparable prior-year quarter ended June 28, 2025.
  • Quarterly net income of $13,508 thousand: compared to $12,122 thousand in the prior-year second quarter, with diluted earnings per share of $2.10 versus $1.79.
  • Year-to-date net income declined: net income for the fiscal year-to-date period ended July 4, 2026 was $24,640 thousand, down from $30,124 thousand in the comparable prior-year period.
  • Revolving credit balance increased sharply: the revolving line of credit stood at $219,000 thousand as of July 4, 2026, up from $34,000 thousand at January 3, 2026.
  • Common shares outstanding fell to 6,256,322: compared to 6,547,407 shares at January 3, 2026, with the company repurchasing $49,303 thousand of common stock in the year-to-date period.
  • Net cash used in operating activities was $118,313 thousand: for the fiscal year-to-date period ended July 4, 2026, driven in part by $58,263 thousand in forgivable loans and a $77,877 thousand reduction in accounts payable, accrued expenses, and other liabilities.

CRA International's Second-Quarter and Year-to-Date Fiscal 2026 Financial Results

According to the filing, CRA International, Inc. (Nasdaq Global Select Market: CRAI) reported revenues of $210,815 thousand for the fiscal quarter ended July 4, 2026, compared to $186,878 thousand for the fiscal quarter ended June 28, 2025. Costs of services for the quarter were $148,734 thousand, and selling, general and administrative expenses were $35,259 thousand. Income from operations for the quarter was $23,541 thousand, up from $19,727 thousand in the prior-year quarter. Net interest expense was $2,954 thousand in the quarter, and the provision for income taxes was $6,612 thousand, yielding net income of $13,508 thousand.

For the fiscal year-to-date period ended July 4, 2026, the company reported revenues of $411,790 thousand versus $368,729 thousand in the prior-year period. Year-to-date net income, however, declined to $24,640 thousand from $30,124 thousand, with diluted earnings per share of $3.79 compared to $4.42. The filing shows year-to-date income from operations fell to $41,572 thousand from $45,275 thousand, while interest expense, net increased to $3,965 thousand from $2,225 thousand.

The condensed consolidated balance sheet as of July 4, 2026 shows total assets of $678,477 thousand and total shareholders' equity of $181,848 thousand, compared to $628,873 thousand and $213,598 thousand, respectively, at January 3, 2026. The company reported cash and cash equivalents of $21,442 thousand at July 4, 2026. The filing indicates 6,276,860 shares of common stock were outstanding as of July 31, 2026. Cash dividends and dividend equivalents paid in the fiscal year-to-date period were $7,438 thousand, and capital expenditures were $4,295 thousand.

What Was Disclosed

CRA International disclosed its unaudited condensed consolidated financial statements for the fiscal quarter and year-to-date period ended July 4, 2026, covering revenues, earnings, balance sheet position, cash flows, and share repurchase activity for fiscal 2026.