Cra International (NASDAQ:CRAI), the global consulting firm known for economic, financial, and management advisory, released its Q2 FY2025 earnings on July 31, 2025. The main highlights were a record GAAP revenue figure of $186.9 million and a non-GAAP earnings per share of $1.88, Both non-GAAP EPS and GAAP revenue surpassed Wall Street projections. Analysts had expected $180.4 million in GAAP revenue and $1.88 in non-GAAP earnings per share. Net income (GAAP) increased 85.4% year over year to $12.1 million, driven by robust demand across several key practices. Overall, the quarter marked outperformance on both the top and bottom lines, though cash flow and headcount trends suggest areas for continued monitoring.
Source: Analyst estimates provided by FactSet. Management expectations based on management’s guidance, as provided in Q1 2025 earnings report.
Cra International provides consulting services focused on economics, finance, and management to clients engaged in complex legal, regulatory, and business matters. Its expertise covers areas such as antitrust analysis, energy, intellectual property, and labor matters. The company’s reputation is built on delivering authoritative advice, often involving complicated litigation or regulatory decisions that require in-depth economic analysis.