Company Description
CRA International, Inc. (NASDAQ: CRAI), which does business as Charles River Associates (CRA), is a global consulting firm specializing in economic, financial, and management consulting services. The company advises clients on economic and financial matters related to litigation and regulatory proceedings and guides corporations through business strategy and performance-related issues. CRA describes itself as combining functional expertise with industry knowledge to deliver objective solutions to complex problems.
According to company disclosures, CRA has been engaged by clients since 1965, giving it a long operating history in the consulting sector. The firm is headquartered in Boston, Massachusetts, and reports having offices throughout the world, reflecting an international footprint. CRA International’s common stock trades on the NASDAQ under the ticker symbol CRAI.
Core consulting focus and services
CRA states that it provides economic and financial consulting in connection with litigation and regulatory proceedings. This includes advising on matters where quantitative analysis, financial assessment, and economic expertise are central to legal or regulatory outcomes. The firm also indicates that it helps corporations address critical business strategy and performance-related issues, positioning its services at the intersection of economics, finance, and management.
In multiple public communications, CRA characterizes itself as a leading global consulting firm in these domains and emphasizes its role in supplying objective analysis for complex assignments. While detailed revenue breakdowns by practice are not provided in the supplied materials, the company highlights that clients engage CRA for its combination of functional expertise and industry knowledge.
Industry and sector classification
For classification purposes on Stock Titan, CRA International, Inc. is associated with the Professional, Scientific, and Technical Services sector and the Offices of Lawyers industry. This reflects the firm’s close alignment with legal, regulatory, and expert advisory work, particularly where economic and financial analysis supports litigation and regulatory processes.
Specialized practices highlighted in recent disclosures
Recent company news describes several named practices within CRA:
- Forensic Services Practice – CRA reports that this practice focuses on cybercrime, digital forensics, forensic accounting, and eDiscovery matters. The firm notes that this group handles thousands of client matters per year and serves as a resource for clients during crises.
- Antitrust & Competition Economics Practice – CRA states that its competition economists provide economic analysis and testimony in competition matters around the world. Many of these professionals have served in government antitrust agencies or on academic and law faculties. CRA notes experience across a wide range of industries, including healthcare, energy, computer hardware/software, retailing, telecommunications, aerospace and defense, entertainment, transportation, natural resources, sports, chemicals, pharmaceuticals, financial services, and consumer products.
- Risk, Investigations & Analytics Practice – CRA describes this as a global practice that provides integrated, expertise-led solutions to help clients understand and address complex legal and business challenges. The team focuses on helping governments, clients, and counsel mitigate and manage legal, reputational, and commercial risk, resolve complex disputes, and improve decision-making by surfacing facts, providing context, and applying analytic tools.
- Energy Practice – In connection with a Renewable Energy Credits (REC) Request for Proposal for FirstEnergy’s Ohio utilities, CRA notes that its Energy Practice provides global strategic, economic, commercial, and regulatory advice on the energy ecosystem and the energy transition, and that it has extensive experience in RFP evaluations.
These descriptions indicate that CRA operates through multiple specialized practices that apply economic and financial analysis to sector-specific and matter-specific needs.
Client and matter profile
In the provided materials, CRA notes that its competition economists and other experts have experience across many industries, ranging from healthcare and energy to technology, retail, telecommunications, aerospace and defense, entertainment, transportation, natural resources, sports, chemicals, pharmaceuticals, financial services, and consumer products. The firm’s work often involves litigation, regulatory investigations, antitrust and competition matters, forensic investigations, and risk and compliance issues.
CRA’s Forensic Services and Risk, Investigations & Analytics practices, as described in recent announcements, focus on matters such as cyber breaches, regulatory inquiries, financial crimes, compliance, crypto asset recovery, transaction monitoring, governance program implementation, and Know Your Customer (KYC) remediation. These disclosures suggest that CRA’s assignments frequently involve complex fact patterns, regulatory frameworks, and technical data analysis.
Geographic presence
CRA states that it is headquartered in Boston and has offices throughout the world. The Polygon description further notes that the company generates the majority of its revenue from the United States and also has a presence in the United Kingdom and other countries. This combination of U.S. and international activity supports CRA’s positioning as a global consulting firm.
Role in capital markets and investor communications
CRA International, Inc. is a public company whose common stock trades on NASDAQ under the symbol CRAI. The company issues press releases and SEC filings to report financial results, dividends, and other material events. Recent Form 8-K filings describe quarterly earnings announcements and dividend declarations, along with references to supplemental financial information and prepared remarks made available to investors.
The company also participates in investor conferences, as indicated by announcements regarding appearances at events such as the UBS Global Technology and AI Conference, Noble Capital Markets conferences, and Sidoti investor conferences. These activities, together with regular earnings calls and webcasts, reflect an ongoing investor relations program.
Energy sector engagement through RFP management
In one of the supplied news items, CRA International, Inc. is identified as the RFP Manager for a Renewable Energy Credits (RECs) Request for Proposal process for FirstEnergy Corp.’s Ohio electric utility subsidiaries. The RFP covers solar and non-solar RECs that must meet specific regulatory and tracking requirements set by the Public Utilities Commission of Ohio (PUCO) and the PJM Environmental Information System Generation Attribute Tracking System (EIS GATS). CRA notes that this RFP is being conducted pursuant to PUCO approval and that its Energy Practice has extensive experience in RFP evaluations, underscoring the firm’s role in structured procurement and regulatory-driven processes in the energy sector.
Business longevity and positioning
Across multiple press releases, CRA emphasizes that clients have engaged the firm since 1965 for its combination of functional expertise and industry knowledge, and for objective solutions to complex problems. This long history in economic, financial, and management consulting contributes to CRA’s positioning in matters where rigorous analysis, expert testimony, and regulatory or litigation support are required.
How CRA International, Inc. is described by the company
In its own "About" statements, CRA International, Inc. summarizes its identity as follows:
- Charles River Associates is a leading global consulting firm specializing in economic, financial, and management consulting services.
- It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings.
- It guides corporations through critical business strategy and performance-related issues.
- It has been engaged by clients since 1965.
- It is headquartered in Boston and has offices throughout the world.
- "Charles River Associates" is a registered trade name of CRA International, Inc.
FAQs about CRA International, Inc. (Charles River Associates)
Stock Performance
Cra Intl (CRAI) stock last traded at $155.67, up 0.21% from the previous close. Over the past 12 months, the stock has lost 10.9%. At a market capitalization of $1.0B, CRAI is classified as a small-cap stock with approximately 6.6M shares outstanding.
Latest News
Cra Intl has 10 recent news articles. Of the recent coverage, 5 articles coincided with positive price movement and 5 with negative movement. Key topics include earnings, dividends, conferences. View all CRAI news →
SEC Filings
Cra Intl has filed 5 recent SEC filings, including 4 Form 4, 1 Form 144. The most recent filing was submitted on March 17, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all CRAI SEC filings →
Insider Radar
Insider selling at Cra Intl over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Cra Intl generated $751.6M in revenue over the trailing twelve months, retaining a 30.9% gross margin, operating income reached $83.1M (11.1% operating margin), and net income was $54.8M, reflecting a 7.3% net profit margin. Diluted earnings per share stood at $8.14. The company generated $22.4M in operating cash flow.
Upcoming Events
Sidoti virtual conference
Virtual investor meetings
CEO presentation
Dividend payment date
Quarterly dividend payment
Descending-price auctions
Cra Intl has 6 upcoming scheduled events. The next event, "Sidoti virtual conference", is scheduled for March 18, 2026 (today). 2 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the CRAI stock price.
Short Interest History
Short interest in Cra Intl (CRAI) currently stands at 219.5 thousand shares, up 11.3% from the previous reporting period, representing 3.5% of the float. Over the past 12 months, short interest has increased by 147.9%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Cra Intl (CRAI) currently stands at 1.6 days, up 5.2% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 33.3% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.1 to 3.2 days.
CRAI Company Profile & Sector Positioning
Cra Intl (CRAI) operates in the Consulting Services industry within the broader Services-legal Services sector and is listed on the NASDAQ.
Investors comparing CRAI often look at related companies in the same sector, including Icf Intl Inc (ICFI), Diginex Limited (DGNX), SBC Medical Group Holdings Incorporated (SBC), Huron Consul (HURN), and Fti Consulting Inc (FCN). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate CRAI's relative position within its industry.