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Side-by-side financial comparison of CRA INTERNATIONAL, INC. (CRAI) and GRID DYNAMICS HOLDINGS, INC. (GDYN). Click either name above to swap in a different company.

CRA INTERNATIONAL, INC. is the larger business by last-quarter revenue ($197.0M vs $104.1M, roughly 1.9× GRID DYNAMICS HOLDINGS, INC.). CRA INTERNATIONAL, INC. runs the higher net margin — 6.7% vs -1.4%, a 8.1% gap on every dollar of revenue. On growth, CRA INTERNATIONAL, INC. posted the faster year-over-year revenue change (11.6% vs 3.7%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs 7.1%).

CRA International, Inc. is a global consulting firm headquartered in Boston. The firm provides expert testimony and litigation support, strategic advice, and analysis to law firms, corporations, accounting firms, and governments.

Escape Dynamics, Inc. was a Colorado-based technology company that operated 2010–2015 focused on bringing to market single-stage-to-orbit reusable electromagnetically powered spaceplanes.

CRAI vs GDYN — Head-to-Head

Bigger by revenue
CRAI
CRAI
1.9× larger
CRAI
$197.0M
$104.1M
GDYN
Growing faster (revenue YoY)
CRAI
CRAI
+8.0% gap
CRAI
11.6%
3.7%
GDYN
Higher net margin
CRAI
CRAI
8.1% more per $
CRAI
6.7%
-1.4%
GDYN
Faster 2-yr revenue CAGR
GDYN
GDYN
Annualised
GDYN
12.0%
7.1%
CRAI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CRAI
CRAI
GDYN
GDYN
Revenue
$197.0M
$104.1M
Net Profit
$13.2M
$-1.5M
Gross Margin
34.8%
Operating Margin
10.5%
61.7%
Net Margin
6.7%
-1.4%
Revenue YoY
11.6%
3.7%
Net Profit YoY
-12.0%
-150.6%
EPS (diluted)
$1.99
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRAI
CRAI
GDYN
GDYN
Q1 26
$104.1M
Q4 25
$197.0M
$106.2M
Q3 25
$185.9M
$104.2M
Q2 25
$186.9M
$101.1M
Q1 25
$181.9M
$100.4M
Q4 24
$176.4M
$100.3M
Q3 24
$167.7M
$87.4M
Q2 24
$171.4M
$83.0M
Net Profit
CRAI
CRAI
GDYN
GDYN
Q1 26
$-1.5M
Q4 25
$13.2M
$306.0K
Q3 25
$11.5M
$1.2M
Q2 25
$12.1M
$5.3M
Q1 25
$18.0M
$2.9M
Q4 24
$15.0M
$4.5M
Q3 24
$11.4M
$4.3M
Q2 24
$6.5M
$-817.0K
Gross Margin
CRAI
CRAI
GDYN
GDYN
Q1 26
34.8%
Q4 25
34.0%
Q3 25
33.3%
Q2 25
34.1%
Q1 25
36.8%
Q4 24
36.9%
Q3 24
37.4%
Q2 24
35.6%
Operating Margin
CRAI
CRAI
GDYN
GDYN
Q1 26
61.7%
Q4 25
10.5%
0.5%
Q3 25
9.3%
-0.2%
Q2 25
10.6%
-0.1%
Q1 25
14.0%
-2.0%
Q4 24
12.2%
1.3%
Q3 24
11.0%
2.4%
Q2 24
6.6%
0.0%
Net Margin
CRAI
CRAI
GDYN
GDYN
Q1 26
-1.4%
Q4 25
6.7%
0.3%
Q3 25
6.2%
1.1%
Q2 25
6.5%
5.2%
Q1 25
9.9%
2.9%
Q4 24
8.5%
4.5%
Q3 24
6.8%
4.9%
Q2 24
3.8%
-1.0%
EPS (diluted)
CRAI
CRAI
GDYN
GDYN
Q1 26
$-0.02
Q4 25
$1.99
$0.01
Q3 25
$0.01
Q2 25
$0.06
Q1 25
$0.03
Q4 24
$0.06
Q3 24
$0.05
Q2 24
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRAI
CRAI
GDYN
GDYN
Cash + ST InvestmentsLiquidity on hand
$18.2M
$327.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$213.6M
$530.1M
Total Assets
$628.9M
$605.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRAI
CRAI
GDYN
GDYN
Q1 26
$327.5M
Q4 25
$18.2M
$342.1M
Q3 25
$22.5M
$338.6M
Q2 25
$19.4M
$336.8M
Q1 25
$25.6M
$325.5M
Q4 24
$26.7M
$334.7M
Q3 24
$24.5M
$231.3M
Q2 24
$24.6M
$256.0M
Stockholders' Equity
CRAI
CRAI
GDYN
GDYN
Q1 26
$530.1M
Q4 25
$213.6M
$542.1M
Q3 25
$201.7M
$537.7M
Q2 25
$197.0M
$532.2M
Q1 25
$227.3M
$517.4M
Q4 24
$212.1M
$517.8M
Q3 24
$204.5M
$400.2M
Q2 24
$191.7M
$388.4M
Total Assets
CRAI
CRAI
GDYN
GDYN
Q1 26
$605.0M
Q4 25
$628.9M
$612.9M
Q3 25
$629.0M
$613.2M
Q2 25
$606.8M
$608.9M
Q1 25
$590.4M
$590.9M
Q4 24
$571.4M
$592.2M
Q3 24
$582.3M
$477.3M
Q2 24
$546.0M
$443.6M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRAI
CRAI
GDYN
GDYN
Operating Cash FlowLast quarter
$22.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.70×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRAI
CRAI
GDYN
GDYN
Q1 26
Q4 25
$22.4M
$9.9M
Q3 25
$36.5M
$7.0M
Q2 25
$5.9M
$14.4M
Q1 25
$-80.0M
$9.4M
Q4 24
$79.4M
$7.1M
Q3 24
$31.6M
$9.2M
Q2 24
$1.8M
$10.7M
Free Cash Flow
CRAI
CRAI
GDYN
GDYN
Q1 26
Q4 25
$6.1M
Q3 25
$35.9M
$2.9M
Q2 25
$4.7M
$10.2M
Q1 25
$-81.0M
$6.0M
Q4 24
$68.8M
$4.4M
Q3 24
$28.6M
$5.9M
Q2 24
$-509.0K
$8.0M
FCF Margin
CRAI
CRAI
GDYN
GDYN
Q1 26
Q4 25
5.7%
Q3 25
19.3%
2.8%
Q2 25
2.5%
10.1%
Q1 25
-44.5%
6.0%
Q4 24
39.0%
4.4%
Q3 24
17.0%
6.8%
Q2 24
-0.3%
9.7%
Capex Intensity
CRAI
CRAI
GDYN
GDYN
Q1 26
Q4 25
3.6%
Q3 25
0.3%
3.9%
Q2 25
0.6%
4.1%
Q1 25
0.5%
3.3%
Q4 24
6.0%
2.6%
Q3 24
1.8%
3.7%
Q2 24
1.4%
3.2%
Cash Conversion
CRAI
CRAI
GDYN
GDYN
Q1 26
Q4 25
1.70×
32.34×
Q3 25
3.19×
5.92×
Q2 25
0.48×
2.73×
Q1 25
-4.44×
3.21×
Q4 24
5.30×
1.56×
Q3 24
2.76×
2.15×
Q2 24
0.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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