CRA International Posts Record Q2 Profit and Upsizes Credit Facility to $400M
CRAI sits 34% above its 52-week low of $132.17.
Summary
CRA International posted record Q2 2026 earnings with revenue up 12.8% and EPS up 17.3%, and expanded its credit facility to $400 million.
Key Events · Earnings and Guidance · CRAI
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Record Q2 Revenue and Profit
Revenue rose 12.8% to $210.8 million, and diluted EPS increased 17.3% to $2.10, both quarterly records for the second quarter.
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Expanded Credit Facility
Entered into an amended and restated credit agreement providing $400 million in total facilities — a $325 million revolver and a $75 million term loan — replacing the prior $300 million facility.
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Dividend Declaration
Board declared a quarterly cash dividend of $0.57 per share, payable September 14, 2026 to shareholders of record as of August 25, 2026.
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Strong Operational Metrics
Consultant utilization improved to 77% from 76% a year ago, and consultant headcount grew to 968 from 937, supporting revenue growth.
Analysis · CRAI · Trade & Services
CRA International delivered its highest second-quarter profit ever, with revenue climbing 12.8% to $210.8 million and diluted EPS surging 17.3% to $2.10. Higher utilization and consultant headcount drove the strong results. At the same time, the company entered into an amended and restated credit agreement, boosting total credit facilities to $400 million — a $100 million expansion that provides additional liquidity for growth and shareholder returns. The combination of record earnings and a significantly upsized credit facility signals robust financial health and confidence in the outlook.
At the time of this filing, CRAI was trading at $176.99 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $132.17 to $227.29. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.