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CRA International CRAI Forgivable loans

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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:ForgivableLoansCurrent.

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 itemJuly 4,2026January 3,2026
Accounts receivable, net of allowances of $6,262 and $6,664, respectively168,076183,264
Unbilled services, net of allowances of $1,863 and $1,489, respectively103,62365,598
Prepaid expenses and other current assets23,56919,331
Forgivable loans22,26516,726
Total current assets338,975303,129
Property and equipment, net34,91736,713
Goodwill, net94,58594,718
Intangible assets, net4,9215,686

ITEM 1. Financial Statements

FAQ

What is CRA International's forgivable loans?
CRA International (CRAI) reported forgivable loans of $22.27M in Q2 2026.
How has CRA International's forgivable loans changed year-over-year?
CRA International's forgivable loans increased by 24.0% year-over-year, from $17.96M to $22.27M.
What is the long-term trend for CRA International's forgivable loans?
Over 5 years (2020 to 2025), CRA International's forgivable loans has grown at a 2.5% compound annual growth rate (CAGR), from $14.75M to $16.73M.
What does forgivable loans mean?
This represents the portion of employee or consultant loans that are expected to be forgiven within the next twelve months, provided specific service or performance conditions are met. These loans are typically used as retention incentives within professional services firms. Tracking this helps investors understand the firm's investment in human capital and the potential impact of future compensation expenses.

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