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Side-by-side financial comparison of CRA INTERNATIONAL, INC. (CRAI) and Orthofix Medical Inc. (OFIX). Click either name above to swap in a different company.

Orthofix Medical Inc. is the larger business by last-quarter revenue ($219.9M vs $197.0M, roughly 1.1× CRA INTERNATIONAL, INC.). CRA INTERNATIONAL, INC. runs the higher net margin — 6.7% vs -1.0%, a 7.7% gap on every dollar of revenue. On growth, CRA INTERNATIONAL, INC. posted the faster year-over-year revenue change (11.6% vs 2.0%). Over the past eight quarters, Orthofix Medical Inc.'s revenue compounded faster (8.0% 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.

Orthofix Medical Inc. is a global medical device firm specializing in orthopedic care. It develops, manufactures and sells spinal implants, trauma care products, bone growth stimulation therapies and regenerative medicine offerings, serving orthopedic surgeons and healthcare providers across North America, Europe and Asia Pacific.

CRAI vs OFIX — Head-to-Head

Bigger by revenue
OFIX
OFIX
1.1× larger
OFIX
$219.9M
$197.0M
CRAI
Growing faster (revenue YoY)
CRAI
CRAI
+9.7% gap
CRAI
11.6%
2.0%
OFIX
Higher net margin
CRAI
CRAI
7.7% more per $
CRAI
6.7%
-1.0%
OFIX
Faster 2-yr revenue CAGR
OFIX
OFIX
Annualised
OFIX
8.0%
7.1%
CRAI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRAI
CRAI
OFIX
OFIX
Revenue
$197.0M
$219.9M
Net Profit
$13.2M
$-2.2M
Gross Margin
71.1%
Operating Margin
10.5%
0.2%
Net Margin
6.7%
-1.0%
Revenue YoY
11.6%
2.0%
Net Profit YoY
-12.0%
92.4%
EPS (diluted)
$1.99
$-0.05

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
OFIX
OFIX
Q4 25
$197.0M
$219.9M
Q3 25
$185.9M
$205.6M
Q2 25
$186.9M
$203.1M
Q1 25
$181.9M
$193.6M
Q4 24
$176.4M
$215.7M
Q3 24
$167.7M
$196.6M
Q2 24
$171.4M
$198.6M
Q1 24
$171.8M
$188.6M
Net Profit
CRAI
CRAI
OFIX
OFIX
Q4 25
$13.2M
$-2.2M
Q3 25
$11.5M
$-22.8M
Q2 25
$12.1M
$-14.1M
Q1 25
$18.0M
$-53.1M
Q4 24
$15.0M
$-29.1M
Q3 24
$11.4M
$-27.4M
Q2 24
$6.5M
$-33.4M
Q1 24
$13.7M
$-36.0M
Gross Margin
CRAI
CRAI
OFIX
OFIX
Q4 25
71.1%
Q3 25
72.2%
Q2 25
68.7%
Q1 25
62.8%
Q4 24
69.0%
Q3 24
68.7%
Q2 24
67.8%
Q1 24
67.5%
Operating Margin
CRAI
CRAI
OFIX
OFIX
Q4 25
10.5%
0.2%
Q3 25
9.3%
-8.3%
Q2 25
10.6%
-7.9%
Q1 25
14.0%
-25.2%
Q4 24
12.2%
-5.3%
Q3 24
11.0%
-9.6%
Q2 24
6.6%
-12.5%
Q1 24
11.4%
-15.6%
Net Margin
CRAI
CRAI
OFIX
OFIX
Q4 25
6.7%
-1.0%
Q3 25
6.2%
-11.1%
Q2 25
6.5%
-6.9%
Q1 25
9.9%
-27.4%
Q4 24
8.5%
-13.5%
Q3 24
6.8%
-13.9%
Q2 24
3.8%
-16.8%
Q1 24
8.0%
-19.1%
EPS (diluted)
CRAI
CRAI
OFIX
OFIX
Q4 25
$1.99
$-0.05
Q3 25
$-0.57
Q2 25
$-0.36
Q1 25
$-1.35
Q4 24
$-0.76
Q3 24
$-0.71
Q2 24
$-0.88
Q1 24
$-0.95

Balance Sheet & Financial Strength

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

Metric
CRAI
CRAI
OFIX
OFIX
Cash + ST InvestmentsLiquidity on hand
$18.2M
$82.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$213.6M
$450.0M
Total Assets
$628.9M
$850.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRAI
CRAI
OFIX
OFIX
Q4 25
$18.2M
$82.0M
Q3 25
$22.5M
$62.9M
Q2 25
$19.4M
$65.6M
Q1 25
$25.6M
$58.0M
Q4 24
$26.7M
$83.2M
Q3 24
$24.5M
$30.1M
Q2 24
$24.6M
$26.4M
Q1 24
$37.1M
$27.0M
Total Debt
CRAI
CRAI
OFIX
OFIX
Q4 25
Q3 25
$157.2M
Q2 25
$157.0M
Q1 25
$156.9M
Q4 24
$157.0M
Q3 24
$118.5M
Q2 24
$118.0M
Q1 24
$118.2M
Stockholders' Equity
CRAI
CRAI
OFIX
OFIX
Q4 25
$213.6M
$450.0M
Q3 25
$201.7M
$442.5M
Q2 25
$197.0M
$458.3M
Q1 25
$227.3M
$458.3M
Q4 24
$212.1M
$503.1M
Q3 24
$204.5M
$525.9M
Q2 24
$191.7M
$546.0M
Q1 24
$211.8M
$570.3M
Total Assets
CRAI
CRAI
OFIX
OFIX
Q4 25
$628.9M
$850.6M
Q3 25
$629.0M
$832.6M
Q2 25
$606.8M
$837.2M
Q1 25
$590.4M
$823.1M
Q4 24
$571.4M
$893.3M
Q3 24
$582.3M
$867.9M
Q2 24
$546.0M
$882.0M
Q1 24
$552.5M
$906.0M
Debt / Equity
CRAI
CRAI
OFIX
OFIX
Q4 25
Q3 25
0.36×
Q2 25
0.34×
Q1 25
0.34×
Q4 24
0.31×
Q3 24
0.23×
Q2 24
0.22×
Q1 24
0.21×

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
OFIX
OFIX
Operating Cash FlowLast quarter
$22.4M
$27.7M
Free Cash FlowOCF − Capex
$16.8M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
1.70×
TTM Free Cash FlowTrailing 4 quarters
$-1.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRAI
CRAI
OFIX
OFIX
Q4 25
$22.4M
$27.7M
Q3 25
$36.5M
$12.4M
Q2 25
$5.9M
$11.6M
Q1 25
$-80.0M
$-18.4M
Q4 24
$79.4M
$23.7M
Q3 24
$31.6M
$11.7M
Q2 24
$1.8M
$9.0M
Q1 24
$-63.1M
$-18.6M
Free Cash Flow
CRAI
CRAI
OFIX
OFIX
Q4 25
$16.8M
Q3 25
$35.9M
$2.5M
Q2 25
$4.7M
$4.5M
Q1 25
$-81.0M
$-25.1M
Q4 24
$68.8M
$15.2M
Q3 24
$28.6M
$6.3M
Q2 24
$-509.0K
$-360.0K
Q1 24
$-63.8M
$-29.1M
FCF Margin
CRAI
CRAI
OFIX
OFIX
Q4 25
7.6%
Q3 25
19.3%
1.2%
Q2 25
2.5%
2.2%
Q1 25
-44.5%
-13.0%
Q4 24
39.0%
7.0%
Q3 24
17.0%
3.2%
Q2 24
-0.3%
-0.2%
Q1 24
-37.1%
-15.4%
Capex Intensity
CRAI
CRAI
OFIX
OFIX
Q4 25
4.9%
Q3 25
0.3%
4.8%
Q2 25
0.6%
3.5%
Q1 25
0.5%
3.5%
Q4 24
6.0%
4.0%
Q3 24
1.8%
2.7%
Q2 24
1.4%
4.7%
Q1 24
0.4%
5.6%
Cash Conversion
CRAI
CRAI
OFIX
OFIX
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.

Revenue Breakdown by Segment

CRAI
CRAI

Segment breakdown not available.

OFIX
OFIX

Spinal Implants Biologics And Enabling Technologies$113.6M52%
Bone Growth Therapies$68.3M31%
Other$22.7M10%
IT$5.9M3%
GB$3.5M2%
FR$3.5M2%
DE$2.3M1%

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