Charles River Associates Reports Record Q1 2025 Results

CRA International ( (CRAI) ) has released its Q1 earnings. Here is a breakdown of the information CRA International presented to its investors.

Charles River Associates (CRA) is a global consulting firm specializing in economic, financial, and management consulting services, providing expert advice on litigation, regulatory proceedings, and business strategy issues.

In its latest earnings report, CRA announced record-breaking financial results for the first quarter of 2025, with significant increases in revenue and profits, driven by strong performance across multiple practice areas.

The company reported a 5.9% increase in revenue, reaching $181.9 million, the highest in its history. Net income surged by 31.5% to $18 million, and earnings per diluted share rose by 34.4% to $2.62. Notably, the Energy, Finance, Intellectual Property, and Life Sciences practices achieved double-digit revenue growth, contributing to the overall success.

CRA also highlighted a decrease in headcount by 5% year over year, while maintaining a utilization rate of 76%. The company returned $3.5 million to shareholders through quarterly dividend payments, reflecting its commitment to shareholder value.

Looking ahead, CRA reaffirmed its financial guidance for the full year of 2025, projecting revenue between $715 million and $735 million, with a non-GAAP EBITDA margin of 12.0% to 13.0%. Despite the positive start to the year, the company remains cautious of potential global economic uncertainties that could impact its operations.