CRA International, Inc. (CRAI) Earnings
CRA International, Inc. is expected to report next earnings on July 30, 2026 (in NaN days), with a consensus EPS estimate of $2.12. CRAI has beaten EPS estimates in 9 of its last 12 reported quarters (average surprise +3.2% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $2.02 | $1.99 | -1.5% | $201M | +3.7% |
| Feb 26, 2026 | $2.05 | $1.99 | -2.9% | $197M | +3.4% |
| Oct 30, 2025 | $1.80 | $2.06 | +14.4% | $186M | -2.4% |
| Jul 31, 2025 | $1.83 | $1.88 | +2.7% | $187M | +4.8% |
| May 1, 2025 | $1.93 | $2.22 | +15.0% | $182M | +1.2% |
| Feb 20, 2025 | $1.59 | $2.03 | +27.7% | $176M | +7.5% |
| Oct 31, 2024 | $1.58 | $1.77 | +12.0% | $168M | +0.6% |
| Aug 1, 2024 | $1.49 | $1.83 | +22.8% | $171M | +1.9% |
| May 2, 2024 | $1.40 | $1.96 | +40.0% | $172M | +6.3% |
| Feb 29, 2024 | $1.10 | $1.63 | +48.2% | $162M | +8.0% |
| Nov 2, 2023 | $1.39 | $1.13 | -18.7% | $148M | -1.4% |
| Aug 3, 2023 | $1.36 | $1.42 | +4.4% | $162M | +2.9% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- CRA continued strong performance in Q1 2026 with revenue growth. Broad-based contributions from eight practices. Growth across geographies. Consultant headcount and utilization improved. - Highlighted markets for services: legal and regulatory services growth in line with broader market, strong M&A activity boosting antitrust practice, finance practice active in complex disputes, forensic services supporting various matters, energy and life sciences practices with double-digit growth. - Took optimization efforts with restructuring charge of $2.6 million, anticipating cost savings and redeploying savings for growth.
Guidance
- Reaffirming full year financial guidance for fiscal 2026. Encouraged by strong start, supportive market trends, and robust sales pipeline. Reminding of potential impact from evolving geopolitical, macroeconomic, and business conditions.
Segment performance
Revenue increased by 10.5% year over year to $201 million, the highest quarterly revenue in the company's history. Eight practices grew year over year, with four practices (energy, finance, forensic services, and life sciences) posting double-digit revenue growth, and the antitrust and competition economics practice setting a new quarterly revenue high. North American operations increased revenue by 8.5% and international operations expanded 20.3% year over year. Consultant headcount increased 2.5% compared to Q1 2025, utilization improved to 77%. Legal and regulatory services revenue increased 11.5%. M&A activity was strong with $1.2 trillion in the first quarter of 2026, and CRA's antitrust and competition economics practice had a record quarter. Energy and life sciences practices had double-digit revenue growth. Forensic services supported various matters. The company had a restructuring charge of $2.6 million with anticipated annual cost savings of approximately $5 million.