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CRA International CRAI Business Segments — Client reimbursable expenses

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HURNCommercial: — Reimbursable expenses
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Other financials

Income statement

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Revenue$210.8M+12.8%
Gross profit$62.1M+6.4%
Operating income$23.5M+19.3%
Net income$13.5M+11.4%
EPS (diluted)$2.10+17.3%

Balance sheet

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Cash & equivalents$21.4M+10.3%
Total debt$84.7M-18.5%
Total equity$181.8M-7.7%
Total assets$678.5M+11.8%

Cash flow

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Operating cash flow-$4.4M
CapEx$1.6M+38.4%
Free cash flow-$6.1M

Valuation

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Market cap$1.06B-13.0%
Enterprise value$1.13B-13.7%
P/E21.6×0.0×
P/S1.3×-0.4×

Profitability

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Gross margin29%-3.0pp
Operating margin10%-1.9pp
Net margin6.2%-1.7pp
FCF margin2.3%

Returns & leverage

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Return on equity26%-3.1pp
Debt / equity0.5×-0.1×
Current ratio0.8×-0.1×

Where this comes from

Reported directly by CRA International in its filing.

Tagged under the XBRL concept crai:ClientReimbursableExpenses.

The source filing: CRA International’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:20 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0001053706-26-000021
Line itemFiscal Quarter Ended / July 4,2026Fiscal Quarter Ended / June 28,2025Fiscal Year-to-Date Period Ended / July 4,2026Fiscal Year-to-Date Period Ended / June 28,2025
Revenues$210,815$186,878$411,790$368,729
Employee compensation and fringe benefit costs127,839110,860255,257223,657
Forgivable loan amortization12,4587,42822,14314,080
Client reimbursable expenses20,08519,61539,14336,121
Other segment expense (1)30,31331,85957,72853,111
Provision for income taxes6,6124,99412,87911,636
Segment net income13,50812,12224,64030,124
Reconciliation of profit or loss

ITEM 1. Financial Statements

FAQ

What is CRA International's business segments — client reimbursable expenses?
CRA International (CRAI) reported business segments — client reimbursable expenses of $20.09M in Q2 2026.
What does business segments — client reimbursable expenses mean?
This metric tracks costs incurred by the firm on behalf of clients, such as travel and research expenses, which are subsequently billed back to the client. These expenses are generally pass-through in nature and do not directly impact the firm's underlying profitability. Understanding this helps distinguish between core service revenue and reimbursed operational costs.

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