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Side-by-side financial comparison of CRA INTERNATIONAL, INC. (CRAI) and IMAX CORP (IMAX). Click either name above to swap in a different company.
CRA INTERNATIONAL, INC. is the larger business by last-quarter revenue ($197.0M vs $125.2M, roughly 1.6× IMAX CORP). CRA INTERNATIONAL, INC. runs the higher net margin — 6.7% vs 0.5%, a 6.2% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 11.6%). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 7.1%).
CRA INTERNATIONAL, INC.CRAIEarnings & Financial Report
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.
IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.
CRAI vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $197.0M | $125.2M |
| Net Profit | $13.2M | $637.0K |
| Gross Margin | — | 57.6% |
| Operating Margin | 10.5% | 19.3% |
| Net Margin | 6.7% | 0.5% |
| Revenue YoY | 11.6% | 35.1% |
| Net Profit YoY | -12.0% | -88.0% |
| 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.
| Q4 25 | $197.0M | $125.2M | ||
| Q3 25 | $185.9M | $106.7M | ||
| Q2 25 | $186.9M | $91.7M | ||
| Q1 25 | $181.9M | $86.7M | ||
| Q4 24 | $176.4M | $92.7M | ||
| Q3 24 | $167.7M | $91.5M | ||
| Q2 24 | $171.4M | $89.0M | ||
| Q1 24 | $171.8M | $79.1M |
| Q4 25 | $13.2M | $637.0K | ||
| Q3 25 | $11.5M | $20.7M | ||
| Q2 25 | $12.1M | $11.3M | ||
| Q1 25 | $18.0M | $2.3M | ||
| Q4 24 | $15.0M | $5.3M | ||
| Q3 24 | $11.4M | $13.9M | ||
| Q2 24 | $6.5M | $3.6M | ||
| Q1 24 | $13.7M | $3.3M |
| Q4 25 | — | 57.6% | ||
| Q3 25 | — | 63.1% | ||
| Q2 25 | — | 58.5% | ||
| Q1 25 | — | 61.4% | ||
| Q4 24 | — | 52.2% | ||
| Q3 24 | — | 55.8% | ||
| Q2 24 | — | 49.4% | ||
| Q1 24 | — | 59.3% |
| Q4 25 | 10.5% | 19.3% | ||
| Q3 25 | 9.3% | 27.2% | ||
| Q2 25 | 10.6% | 15.6% | ||
| Q1 25 | 14.0% | 19.3% | ||
| Q4 24 | 12.2% | 10.3% | ||
| Q3 24 | 11.0% | 21.2% | ||
| Q2 24 | 6.6% | 3.2% | ||
| Q1 24 | 11.4% | 15.3% |
| Q4 25 | 6.7% | 0.5% | ||
| Q3 25 | 6.2% | 19.4% | ||
| Q2 25 | 6.5% | 12.3% | ||
| Q1 25 | 9.9% | 2.7% | ||
| Q4 24 | 8.5% | 5.7% | ||
| Q3 24 | 6.8% | 15.2% | ||
| Q2 24 | 3.8% | 4.0% | ||
| Q1 24 | 8.0% | 4.1% |
| Q4 25 | $1.99 | $0.02 | ||
| Q3 25 | — | $0.37 | ||
| Q2 25 | — | $0.20 | ||
| Q1 25 | — | $0.04 | ||
| Q4 24 | — | $0.09 | ||
| Q3 24 | — | $0.26 | ||
| Q2 24 | — | $0.07 | ||
| Q1 24 | — | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.2M | $151.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $213.6M | $337.9M |
| Total Assets | $628.9M | $894.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.2M | $151.2M | ||
| Q3 25 | $22.5M | $143.1M | ||
| Q2 25 | $19.4M | $109.3M | ||
| Q1 25 | $25.6M | $97.1M | ||
| Q4 24 | $26.7M | $100.6M | ||
| Q3 24 | $24.5M | $104.5M | ||
| Q2 24 | $24.6M | $91.6M | ||
| Q1 24 | $37.1M | $81.0M |
| Q4 25 | $213.6M | $337.9M | ||
| Q3 25 | $201.7M | $349.5M | ||
| Q2 25 | $197.0M | $320.4M | ||
| Q1 25 | $227.3M | $299.5M | ||
| Q4 24 | $212.1M | $299.5M | ||
| Q3 24 | $204.5M | $289.4M | ||
| Q2 24 | $191.7M | $267.2M | ||
| Q1 24 | $211.8M | $258.8M |
| Q4 25 | $628.9M | $894.0M | ||
| Q3 25 | $629.0M | $889.6M | ||
| Q2 25 | $606.8M | $868.6M | ||
| Q1 25 | $590.4M | $848.3M | ||
| Q4 24 | $571.4M | $830.4M | ||
| Q3 24 | $582.3M | $847.6M | ||
| Q2 24 | $546.0M | $827.4M | ||
| Q1 24 | $552.5M | $824.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $22.4M | $29.4M |
| Free Cash FlowOCF − Capex | — | $28.0M |
| FCF MarginFCF / Revenue | — | 22.3% |
| Capex IntensityCapex / Revenue | — | 1.1% |
| Cash ConversionOCF / Net Profit | 1.70× | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $29.4M | ||
| Q3 25 | $36.5M | $67.5M | ||
| Q2 25 | $5.9M | $23.2M | ||
| Q1 25 | $-80.0M | $7.0M | ||
| Q4 24 | $79.4M | $11.5M | ||
| Q3 24 | $31.6M | $35.3M | ||
| Q2 24 | $1.8M | $35.0M | ||
| Q1 24 | $-63.1M | $-11.0M |
| Q4 25 | — | $28.0M | ||
| Q3 25 | $35.9M | $64.8M | ||
| Q2 25 | $4.7M | $20.9M | ||
| Q1 25 | $-81.0M | $5.3M | ||
| Q4 24 | $68.8M | $6.9M | ||
| Q3 24 | $28.6M | $34.2M | ||
| Q2 24 | $-509.0K | $33.5M | ||
| Q1 24 | $-63.8M | $-12.1M |
| Q4 25 | — | 22.3% | ||
| Q3 25 | 19.3% | 60.7% | ||
| Q2 25 | 2.5% | 22.8% | ||
| Q1 25 | -44.5% | 6.1% | ||
| Q4 24 | 39.0% | 7.4% | ||
| Q3 24 | 17.0% | 37.3% | ||
| Q2 24 | -0.3% | 37.6% | ||
| Q1 24 | -37.1% | -15.3% |
| Q4 25 | — | 1.1% | ||
| Q3 25 | 0.3% | 2.6% | ||
| Q2 25 | 0.6% | 2.6% | ||
| Q1 25 | 0.5% | 1.9% | ||
| Q4 24 | 6.0% | 5.0% | ||
| Q3 24 | 1.8% | 1.2% | ||
| Q2 24 | 1.4% | 1.8% | ||
| Q1 24 | 0.4% | 1.4% |
| Q4 25 | 1.70× | 46.11× | ||
| Q3 25 | 3.19× | 3.27× | ||
| Q2 25 | 0.48× | 2.06× | ||
| Q1 25 | -4.44× | 2.99× | ||
| Q4 24 | 5.30× | 2.16× | ||
| Q3 24 | 2.76× | 2.54× | ||
| Q2 24 | 0.28× | 9.78× | ||
| Q1 24 | -4.61× | -3.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRAI
Segment breakdown not available.
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
