Charles River Associates (CRA) Reports Fourth-Quarter and Full-Year 2025 Financial Results

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[{"type":"text","content":"Fourth Quarter Revenue Increases 11.6% Year Over Year","length":53,"tagName":"p","attribs":{}},{"type":"text","content":"Broad-based Contributions Drive Record Revenue and Profitability in Fiscal 2025","length":79,"tagName":"p","attribs":{}},{"type":"text","content":"Board Expands Share Repurchase Authorization by $55 Million","length":59,"tagName":"p","attribs":{}},{"type":"text","content":"BOSTON, February 26, 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 fourth quarter and fiscal year ended January 3, 2026.","length":268,"tagName":"p"},{"type":"text","content":""For the eighth consecutive year, CRA established a new record for annual revenue," said Paul Maleh, CRA’s President and Chief Executive Officer. "Strong top-line growth drove record profitability as net income, earnings per diluted share, and EBITDA each set a new annual high. For the fourth quarter, we continued to see strength across our portfolio of services as total revenue increased 11.6% year over year to $197.0 million. Four practices—Antitrust & Competition Economics, Energy, Forensic Services, and Labor & Employment—led the way, with each generating double-digit revenue growth, while our Life Sciences and Risk, Investigations & Analytics practices also expanded revenue year over year. Geographically, our North American and international operations both supported the quarter’s revenue expansion, increasing 9.4% and 21.9%, respectively."","length":889,"tagName":"p"},{"type":"text","content":"Highlights for Fourth Quarter Fiscal 2025","length":41,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue grew 11.6% year over year to $197.0 million.","length":52,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Utilization was 78% and quarter-end headcount increased 1.4% year over year.","length":76,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income decreased 12.0% year over year to $13.2 million, or 6.7% of revenue, compared with $15.0 million, or 8.5% of revenue, in the fourth quarter of fiscal 2024; non-GAAP net income decreased 2.1% year over year to $13.7 million, or 7.0% of revenue, compared with $14.0 million, or 7.9% of...

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