Charles River Associates Reports Record Revenue Growth

CRA International ( (CRAI) ) has released its Q2 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 economic and financial matters related to litigation, regulatory proceedings, and business strategy.

In its latest earnings report, CRA announced record quarterly revenue for the second quarter of 2025, driven by strong demand for its services across various practices and geographic regions. The company also increased its revenue guidance and raised the lower end of its profit guidance for the full fiscal year.

Key financial highlights include a 9.0% year-over-year revenue growth to $186.9 million, the highest in the company’s history, and an 85.4% increase in net income to $12.1 million. Earnings per diluted share rose by 90.4% to $1.79. CRA’s Antitrust & Competition Economics, Energy, Intellectual Property, and Labor & Employment practices reported double-digit revenue growth, contributing to the overall performance. The company also returned $46.6 million to shareholders through dividends and share repurchases.

Looking ahead, CRA remains optimistic about its financial performance for the rest of the fiscal year, projecting revenue between $730 million and $745 million and a non-GAAP EBITDA margin of 12.3% to 13.0%. Despite the positive outlook, the company acknowledges potential challenges from uncertain global economic and political conditions.

Overall, CRA’s strong second-quarter results and increased guidance reflect its robust market position and the continued demand for its specialized consulting services.