Charles River Associates (CRA) Reports Financial Results for the First Quarter of 2026

About this update from Cra International,inc.

[{"type":"text","content":"Broad-based Contributions Drive Record Quarterly Revenue","length":56,"tagName":"p","attribs":{}},{"type":"text","content":"BOSTON, May 07, 2026--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial and management consulting services, today announced financial results for the fiscal first quarter ended April 4, 2026.","length":256,"tagName":"p"},{"type":"text","content":""Maintaining the momentum of a record fiscal 2025, CRA continued its strong performance into the first quarter of fiscal 2026 as revenue increased by 10.5% year over year to $201.0 million," said Paul Maleh, CRA’s President and Chief Executive Officer. "This represents the highest quarterly revenue in the company’s history, besting the previous record set by the fourth quarter of fiscal 2025."","length":416,"tagName":"p"},{"type":"text","content":""Broad-based contributions drove the quarter’s strong performance, with eight practices growing year over year. Four practices—Energy, Finance, Forensic Services, and Life Sciences—posted double-digit revenue growth, while the Antitrust & Competition Economics practice posted a new high for quarterly revenue. This strong practice performance reflected balanced growth across our portfolio, as our Legal & Regulatory offerings grew 11.5% year over year and Management Consulting offerings expanded 8.3%. We also generated growth across our geographies, with our North American operations increasing revenue by 8.5% and our international operations expanding 20.3% year over year."","length":699,"tagName":"p"},{"type":"text","content":"Highlights for First Quarter Fiscal 2026","length":40,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue grew 10.5% year over year to $201.0 million.","length":52,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Utilization was 77% and quarter-end headcount increased 2.5% year over year.","length":76,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income decreased 38.2% year over year to $11.1 million, or 5.5% of revenue, compared with $18.0 million, or 9.9% of revenue, in the first quarter of fiscal 2025; non-GAAP net income decreased 14.1% year over year to $13.1 million, or 6.5% of revenue, compared with $15.3 million, or 8.4% of r...

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