vs

Side-by-side financial comparison of CRA INTERNATIONAL, INC. (CRAI) and Piedmont Realty Trust, Inc. (PDM). Click either name above to swap in a different company.

CRA INTERNATIONAL, INC. is the larger business by last-quarter revenue ($197.0M vs $143.3M, roughly 1.4× Piedmont Realty Trust, Inc.). CRA INTERNATIONAL, INC. runs the higher net margin — 6.7% vs -31.4%, a 38.1% gap on every dollar of revenue. On growth, CRA INTERNATIONAL, INC. posted the faster year-over-year revenue change (11.6% vs 0.4%). Over the past eight quarters, CRA INTERNATIONAL, INC.'s revenue compounded faster (7.1% CAGR vs 0.0%).

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.

Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.

CRAI vs PDM — Head-to-Head

Bigger by revenue
CRAI
CRAI
1.4× larger
CRAI
$197.0M
$143.3M
PDM
Growing faster (revenue YoY)
CRAI
CRAI
+11.2% gap
CRAI
11.6%
0.4%
PDM
Higher net margin
CRAI
CRAI
38.1% more per $
CRAI
6.7%
-31.4%
PDM
Faster 2-yr revenue CAGR
CRAI
CRAI
Annualised
CRAI
7.1%
0.0%
PDM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CRAI
CRAI
PDM
PDM
Revenue
$197.0M
$143.3M
Net Profit
$13.2M
$-45.0M
Gross Margin
Operating Margin
10.5%
Net Margin
6.7%
-31.4%
Revenue YoY
11.6%
0.4%
Net Profit YoY
-12.0%
-27.9%
EPS (diluted)
$1.99
$-0.10

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
PDM
PDM
Q1 26
$143.3M
Q4 25
$197.0M
$142.9M
Q3 25
$185.9M
$139.2M
Q2 25
$186.9M
$140.3M
Q1 25
$181.9M
$142.7M
Q4 24
$176.4M
$143.2M
Q3 24
$167.7M
$139.3M
Q2 24
$171.4M
$143.3M
Net Profit
CRAI
CRAI
PDM
PDM
Q1 26
$-45.0M
Q4 25
$13.2M
$-43.2M
Q3 25
$11.5M
$-13.5M
Q2 25
$12.1M
$-16.8M
Q1 25
$18.0M
$-10.1M
Q4 24
$15.0M
$-30.0M
Q3 24
$11.4M
$-11.5M
Q2 24
$6.5M
$-9.8M
Operating Margin
CRAI
CRAI
PDM
PDM
Q1 26
Q4 25
10.5%
Q3 25
9.3%
Q2 25
10.6%
Q1 25
14.0%
Q4 24
12.2%
Q3 24
11.0%
Q2 24
6.6%
Net Margin
CRAI
CRAI
PDM
PDM
Q1 26
-31.4%
Q4 25
6.7%
-30.3%
Q3 25
6.2%
-9.7%
Q2 25
6.5%
-12.0%
Q1 25
9.9%
-7.1%
Q4 24
8.5%
-20.9%
Q3 24
6.8%
-8.3%
Q2 24
3.8%
-6.8%
EPS (diluted)
CRAI
CRAI
PDM
PDM
Q1 26
$-0.10
Q4 25
$1.99
$-0.34
Q3 25
$-0.11
Q2 25
$-0.14
Q1 25
$-0.08
Q4 24
$-0.25
Q3 24
$-0.09
Q2 24
$-0.08

Balance Sheet & Financial Strength

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

Metric
CRAI
CRAI
PDM
PDM
Cash + ST InvestmentsLiquidity on hand
$18.2M
$2.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$213.6M
$1.5B
Total Assets
$628.9M
$4.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRAI
CRAI
PDM
PDM
Q1 26
$2.3M
Q4 25
$18.2M
$731.0K
Q3 25
$22.5M
$3.0M
Q2 25
$19.4M
$3.3M
Q1 25
$25.6M
$2.9M
Q4 24
$26.7M
$109.6M
Q3 24
$24.5M
$133.6M
Q2 24
$24.6M
$138.5M
Total Debt
CRAI
CRAI
PDM
PDM
Q1 26
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
Stockholders' Equity
CRAI
CRAI
PDM
PDM
Q1 26
$1.5B
Q4 25
$213.6M
$1.5B
Q3 25
$201.7M
$1.5B
Q2 25
$197.0M
$1.5B
Q1 25
$227.3M
$1.6B
Q4 24
$212.1M
$1.6B
Q3 24
$204.5M
$1.6B
Q2 24
$191.7M
$1.7B
Total Assets
CRAI
CRAI
PDM
PDM
Q1 26
$4.0B
Q4 25
$628.9M
$4.0B
Q3 25
$629.0M
$4.0B
Q2 25
$606.8M
$4.0B
Q1 25
$590.4M
$4.0B
Q4 24
$571.4M
$4.1B
Q3 24
$582.3M
$4.1B
Q2 24
$546.0M
$4.2B
Debt / Equity
CRAI
CRAI
PDM
PDM
Q1 26
Q4 25
1.49×
Q3 25
1.43×
Q2 25
1.41×
Q1 25
1.40×
Q4 24
1.40×
Q3 24
1.36×
Q2 24
1.34×

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
PDM
PDM
Operating Cash FlowLast quarter
$22.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
110.3%
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
PDM
PDM
Q1 26
Q4 25
$22.4M
$140.6M
Q3 25
$36.5M
$35.8M
Q2 25
$5.9M
$50.1M
Q1 25
$-80.0M
$3.7M
Q4 24
$79.4M
$198.1M
Q3 24
$31.6M
$42.9M
Q2 24
$1.8M
$66.8M
Free Cash Flow
CRAI
CRAI
PDM
PDM
Q1 26
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
FCF Margin
CRAI
CRAI
PDM
PDM
Q1 26
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%
Capex Intensity
CRAI
CRAI
PDM
PDM
Q1 26
110.3%
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%
Cash Conversion
CRAI
CRAI
PDM
PDM
Q1 26
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×

Financial Flow Comparison

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

Related Comparisons