CRA INTERNATIONAL, INC. has recently released its 10-Q report, providing a detailed insight into its financial performance for the fiscal quarter and fiscal year-to-date period ended June 28, 2025, compared to the same periods in 2024. The company, headquartered in Boston, Massachusetts, offers economic, financial, and management consulting services globally, advising clients on litigation, regulatory proceedings, business strategy, and performance-related issues across various industries.
In the fiscal quarter ended June 28, 2025, CRA INTERNATIONAL, INC. reported a 9.0% increase in revenues to $186.9 million from $171.4 million in the same period in 2024. The company's income from operations also showed significant growth, reaching 10.6% of revenues compared to 6.6% in the previous year. Net income for the quarter surged to $12.1 million, representing 6.5% of revenues, up from $6.5 million and 3.8% of revenues in the second quarter of fiscal 2024.
For the fiscal year-to-date period ended June 28, 2025, CRA INTERNATIONAL, INC. reported a 7.4% increase in revenues to $368.7 million from $343.2 million in the same period in 2024. The company's net income for the period reached $30.1 million, up from $20.2 million in the fiscal year-to-date period ended June 29, 2024.
The company's costs of services (exclusive of depreciation and amortization) decreased as a percentage of revenues for both the fiscal quarter and the fiscal year-to-date period, indicating improved operational efficiency. Additionally, the provision for income taxes showed a decrease as a percentage of revenues for both periods, contributing to the overall growth in net income.
CRA INTERNATIONAL, INC. highlighted its liquidity and capital resources, stating that its current cash, cash equivalents, cash generated from operations, and available amounts under its revolving credit facility are expected to be sufficient to meet working capital and capital expenditure requirements for at least the next 12 months. As of June 28, 2025, the company had $19.4 million in cash and cash equivalents and $126.5 million in borrowing capacity under its revolving credit facility.
The report also mentioned the company's strategic repurchase of shares of its common stock and the impact of state tax law changes on its effective tax rate, providing a comprehensive overview of its financial condition and results of operations.
The market has reacted to these announcements by moving the company's shares -0.89% to a price of $173.09. For the full picture, make sure to review CRA INTERNATIONAL, INC.'s 10-Q report.
