Key Highlights

  • CRA International shares rose in today's intraday trading.
  • The company, which operates as Charles River Associates, provides expert services in litigation, regulatory and financial matters as well as management consulting.
  • In its most recent quarter, CRA International reported record Revenue of about $210.8 million, up roughly 12.8% year over year.
  • Management raised full-year 2026 revenue guidance to a range of roughly $805 million to $820 million on a constant-currency basis.

CRA International, Inc. (NASDAQ:CRAI) rose 1.45% to $173.46 in today's intraday trading. CRA International, which operates as Charles River Associates, is a management- and economic-consulting firm providing expert services in litigation, regulatory and financial matters as well as broad management consulting.

Its Business depends on billable consultant hours, utilization rates and its ability to attract and retain senior experts, making its people its primary asset and its main cost.

Latest Developments

In its most recent quarter, CRA International reported record revenue of about $210.8 million, up roughly 12.8% year over year, with non-GAAP Earnings Per Share rising about 14.9% and EBITDA up more than 15%. Management raised full-year 2026 revenue guidance to a range of roughly $805 million to $820 million on a constant-currency basis. Consultant headcount rose about 3.3% to 968, and utilization improved to 77%.

Financial and Business Position

CRA's model converts consultant hours into revenue, so utilization, realized billing rates and headcount growth are the key drivers, alongside the mix of practice areas. The company returns Capital through dividends and share repurchases, having returned roughly $31 million to shareholders in the latest quarter.

Stock-Market Context

CRA International (NASDAQ:CRAI) rose 1.45% in today's intraday trading. CRAI trades as a small-cap professional-services firm whose valuation reflects its record of steady growth and disciplined capital returns.

What Investors Should Watch

Investors may watch revenue growth and utilization rates, consultant headcount and retention of senior experts, non-GAAP EBITDA margins against the 12% to 13% target, and progress toward the raised full-year guidance.