CRAI News & Events

Reports Q1 revenue $201M, consensus $193.82M. "Maintaining the momentum of a record fiscal 2025, CRA continued its strong performance into the first quarter of fiscal 2026 as revenue increased by 10.5% year over year to $201.0 million," said Paul Maleh, CRA's President and Chief Executive Officer. "This represents the highest quarterly revenue in the company's history, besting the previous record set by the fourth quarter of fiscal 2025. Broad-based contributions drove the quarter's strong performance, with eight practices growing year over year. Four practices-Energy, Finance, Forensic Services, and Life Sciences-posted double-digit revenue growth, while the Antitrust & Competition Economics practice posted a new high for quarterly revenue. This strong practice performance reflected balanced growth across our portfolio, as our Legal & Regulatory offerings grew 11.5% year over year and Management Consulting offerings expanded 8.3%. We also generated growth across our geographies, with our North American operations increasing revenue by 8.5% and our international operations expanding 20.3% year over year."

"We are reaffirming our financial guidance for full-year fiscal 2026 of revenue in the range of $785 million to $805 million and non-GAAP EBITDA margin in the range of 12.0% to 13.0%, both on a constant currency basis relative to fiscal 2025," said Maleh. "We are encouraged by the strong start to the year, supportive market trends, and the continued replenishing of our sales pipeline. However, we remain mindful that evolving geopolitical, global macroeconomic, and business conditions can affect our business."

CRA International (CRAI) announced that an auction process will be conducted for FirstEnergy's (FE) Ohio subsidiaries - Ohio Edison Company, The Cleveland Electric Illuminating Company, and The Toledo Edison Company - to procure full requirements service for their Standard Service Offer customers. The auction process will lead up to the auction scheduled for Tuesday, June 9, 2026. The bidding process will use a descending-price clock auction format. The auction will be managed by the Auction Manager, CRA International, Inc. The auction is being conducted pursuant to approval from the Public Utilities Commission of Ohio. The Information Session for prospective bidders for the June auction is scheduled for Thursday, April 16, 2026. Instructions on how to join the Webinar session are available on the Auction Information Website. Part 1 Applications from prospective bidders will be accepted starting April 17, 2026, and are due no later than May 5, 2026. For successful Part 1 applicants, the submission window for the Part 2 Application process will begin on May 12, 2026.