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Side-by-side financial comparison of CRA INTERNATIONAL, INC. (CRAI) and JBG SMITH Properties (JBGS). Click either name above to swap in a different company.

CRA INTERNATIONAL, INC. is the larger business by last-quarter revenue ($197.0M vs $127.6M, roughly 1.5× JBG SMITH Properties). CRA INTERNATIONAL, INC. runs the higher net margin — 6.7% vs -35.7%, a 42.4% gap on every dollar of revenue. On growth, CRA INTERNATIONAL, INC. posted the faster year-over-year revenue change (11.6% vs -2.5%). Over the past eight quarters, CRA INTERNATIONAL, INC.'s revenue compounded faster (7.1% CAGR vs -6.3%).

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.

JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.

CRAI vs JBGS — Head-to-Head

Bigger by revenue
CRAI
CRAI
1.5× larger
CRAI
$197.0M
$127.6M
JBGS
Growing faster (revenue YoY)
CRAI
CRAI
+14.1% gap
CRAI
11.6%
-2.5%
JBGS
Higher net margin
CRAI
CRAI
42.4% more per $
CRAI
6.7%
-35.7%
JBGS
Faster 2-yr revenue CAGR
CRAI
CRAI
Annualised
CRAI
7.1%
-6.3%
JBGS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRAI
CRAI
JBGS
JBGS
Revenue
$197.0M
$127.6M
Net Profit
$13.2M
$-45.5M
Gross Margin
Operating Margin
10.5%
-47.5%
Net Margin
6.7%
-35.7%
Revenue YoY
11.6%
-2.5%
Net Profit YoY
-12.0%
24.0%
EPS (diluted)
$1.99
$-0.76

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
JBGS
JBGS
Q4 25
$197.0M
$127.6M
Q3 25
$185.9M
$123.9M
Q2 25
$186.9M
$126.5M
Q1 25
$181.9M
$120.7M
Q4 24
$176.4M
$130.8M
Q3 24
$167.7M
$136.0M
Q2 24
$171.4M
$135.3M
Q1 24
$171.8M
$145.2M
Net Profit
CRAI
CRAI
JBGS
JBGS
Q4 25
$13.2M
$-45.5M
Q3 25
$11.5M
$-28.6M
Q2 25
$12.1M
$-19.2M
Q1 25
$18.0M
$-45.7M
Q4 24
$15.0M
$-59.9M
Q3 24
$11.4M
$-27.0M
Q2 24
$6.5M
$-24.4M
Q1 24
$13.7M
$-32.3M
Operating Margin
CRAI
CRAI
JBGS
JBGS
Q4 25
10.5%
-47.5%
Q3 25
9.3%
-27.5%
Q2 25
10.6%
-18.4%
Q1 25
14.0%
-44.7%
Q4 24
12.2%
-53.6%
Q3 24
11.0%
-22.4%
Q2 24
6.6%
-24.3%
Q1 24
11.4%
-30.1%
Net Margin
CRAI
CRAI
JBGS
JBGS
Q4 25
6.7%
-35.7%
Q3 25
6.2%
-23.1%
Q2 25
6.5%
-15.2%
Q1 25
9.9%
-37.9%
Q4 24
8.5%
-45.8%
Q3 24
6.8%
-19.8%
Q2 24
3.8%
-18.0%
Q1 24
8.0%
-22.2%
EPS (diluted)
CRAI
CRAI
JBGS
JBGS
Q4 25
$1.99
$-0.76
Q3 25
$-0.48
Q2 25
$-0.29
Q1 25
$-0.56
Q4 24
$-0.70
Q3 24
$-0.32
Q2 24
$-0.27
Q1 24
$-0.36

Balance Sheet & Financial Strength

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

Metric
CRAI
CRAI
JBGS
JBGS
Cash + ST InvestmentsLiquidity on hand
$18.2M
$75.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$213.6M
$1.2B
Total Assets
$628.9M
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRAI
CRAI
JBGS
JBGS
Q4 25
$18.2M
$75.3M
Q3 25
$22.5M
$64.4M
Q2 25
$19.4M
$61.4M
Q1 25
$25.6M
$81.3M
Q4 24
$26.7M
$145.8M
Q3 24
$24.5M
$137.0M
Q2 24
$24.6M
$163.5M
Q1 24
$37.1M
$220.5M
Stockholders' Equity
CRAI
CRAI
JBGS
JBGS
Q4 25
$213.6M
$1.2B
Q3 25
$201.7M
$1.2B
Q2 25
$197.0M
$1.3B
Q1 25
$227.3M
$1.6B
Q4 24
$212.1M
$1.8B
Q3 24
$204.5M
$1.9B
Q2 24
$191.7M
$2.0B
Q1 24
$211.8M
$2.1B
Total Assets
CRAI
CRAI
JBGS
JBGS
Q4 25
$628.9M
$4.4B
Q3 25
$629.0M
$4.4B
Q2 25
$606.8M
$4.5B
Q1 25
$590.4M
$4.7B
Q4 24
$571.4M
$5.0B
Q3 24
$582.3M
$5.2B
Q2 24
$546.0M
$5.3B
Q1 24
$552.5M
$5.4B

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
JBGS
JBGS
Operating Cash FlowLast quarter
$22.4M
$73.3M
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
JBGS
JBGS
Q4 25
$22.4M
$73.3M
Q3 25
$36.5M
$8.9M
Q2 25
$5.9M
$18.8M
Q1 25
$-80.0M
$12.9M
Q4 24
$79.4M
$129.4M
Q3 24
$31.6M
$26.4M
Q2 24
$1.8M
$23.8M
Q1 24
$-63.1M
$37.0M
Free Cash Flow
CRAI
CRAI
JBGS
JBGS
Q4 25
Q3 25
$35.9M
Q2 25
$4.7M
Q1 25
$-81.0M
Q4 24
$68.8M
Q3 24
$28.6M
Q2 24
$-509.0K
Q1 24
$-63.8M
FCF Margin
CRAI
CRAI
JBGS
JBGS
Q4 25
Q3 25
19.3%
Q2 25
2.5%
Q1 25
-44.5%
Q4 24
39.0%
Q3 24
17.0%
Q2 24
-0.3%
Q1 24
-37.1%
Capex Intensity
CRAI
CRAI
JBGS
JBGS
Q4 25
Q3 25
0.3%
Q2 25
0.6%
Q1 25
0.5%
Q4 24
6.0%
Q3 24
1.8%
Q2 24
1.4%
Q1 24
0.4%
Cash Conversion
CRAI
CRAI
JBGS
JBGS
Q4 25
1.70×
Q3 25
3.19×
Q2 25
0.48×
Q1 25
-4.44×
Q4 24
5.30×
Q3 24
2.76×
Q2 24
0.28×
Q1 24
-4.61×

Financial Flow Comparison

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

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