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Side-by-side financial comparison of CRA INTERNATIONAL, INC. (CRAI) and Bio-Techne (TECH). Click either name above to swap in a different company.

Bio-Techne is the larger business by last-quarter revenue ($311.4M vs $197.0M, roughly 1.6× CRA INTERNATIONAL, INC.). Bio-Techne runs the higher net margin — 16.4% vs 6.7%, a 9.7% gap on every dollar of revenue. On growth, CRA INTERNATIONAL, INC. posted the faster year-over-year revenue change (11.6% vs -1.5%). Over the past eight quarters, CRA INTERNATIONAL, INC.'s revenue compounded faster (7.1% CAGR vs 1.3%).

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.

Bio-Techne Corporation is an American life sciences company that develops, manufactures and sells life science reagents, instruments and services for the research, diagnostic, and bioprocessing markets.

CRAI vs TECH — Head-to-Head

Bigger by revenue
TECH
TECH
1.6× larger
TECH
$311.4M
$197.0M
CRAI
Growing faster (revenue YoY)
CRAI
CRAI
+13.1% gap
CRAI
11.6%
-1.5%
TECH
Higher net margin
TECH
TECH
9.7% more per $
TECH
16.4%
6.7%
CRAI
Faster 2-yr revenue CAGR
CRAI
CRAI
Annualised
CRAI
7.1%
1.3%
TECH

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CRAI
CRAI
TECH
TECH
Revenue
$197.0M
$311.4M
Net Profit
$13.2M
$51.0M
Gross Margin
66.9%
Operating Margin
10.5%
24.2%
Net Margin
6.7%
16.4%
Revenue YoY
11.6%
-1.5%
Net Profit YoY
-12.0%
126.0%
EPS (diluted)
$1.99
$0.32

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
TECH
TECH
Q1 26
$311.4M
Q4 25
$197.0M
$295.9M
Q3 25
$185.9M
Q2 25
$186.9M
$317.0M
Q1 25
$181.9M
$316.2M
Q4 24
$176.4M
$297.0M
Q3 24
$167.7M
$289.5M
Q2 24
$171.4M
$306.1M
Net Profit
CRAI
CRAI
TECH
TECH
Q1 26
$51.0M
Q4 25
$13.2M
$38.0M
Q3 25
$11.5M
Q2 25
$12.1M
$-17.7M
Q1 25
$18.0M
$22.6M
Q4 24
$15.0M
$34.9M
Q3 24
$11.4M
$33.6M
Q2 24
$6.5M
$40.6M
Gross Margin
CRAI
CRAI
TECH
TECH
Q1 26
66.9%
Q4 25
64.6%
Q3 25
Q2 25
62.7%
Q1 25
67.9%
Q4 24
65.3%
Q3 24
63.2%
Q2 24
66.4%
Operating Margin
CRAI
CRAI
TECH
TECH
Q1 26
24.2%
Q4 25
10.5%
18.4%
Q3 25
9.3%
Q2 25
10.6%
-7.5%
Q1 25
14.0%
12.2%
Q4 24
12.2%
16.0%
Q3 24
11.0%
13.8%
Q2 24
6.6%
15.0%
Net Margin
CRAI
CRAI
TECH
TECH
Q1 26
16.4%
Q4 25
6.7%
12.8%
Q3 25
6.2%
Q2 25
6.5%
-5.6%
Q1 25
9.9%
7.1%
Q4 24
8.5%
11.7%
Q3 24
6.8%
11.6%
Q2 24
3.8%
13.3%
EPS (diluted)
CRAI
CRAI
TECH
TECH
Q1 26
$0.32
Q4 25
$1.99
$0.24
Q3 25
Q2 25
$-0.11
Q1 25
$0.14
Q4 24
$0.22
Q3 24
$0.21
Q2 24
$0.26

Balance Sheet & Financial Strength

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

Metric
CRAI
CRAI
TECH
TECH
Cash + ST InvestmentsLiquidity on hand
$18.2M
$209.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$213.6M
$2.1B
Total Assets
$628.9M
$2.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRAI
CRAI
TECH
TECH
Q1 26
$209.8M
Q4 25
$18.2M
$172.9M
Q3 25
$22.5M
Q2 25
$19.4M
$162.2M
Q1 25
$25.6M
$140.7M
Q4 24
$26.7M
$177.5M
Q3 24
$24.5M
$187.5M
Q2 24
$24.6M
$152.9M
Total Debt
CRAI
CRAI
TECH
TECH
Q1 26
Q4 25
$260.0M
Q3 25
Q2 25
$346.0M
Q1 25
$330.0M
Q4 24
$300.0M
Q3 24
$300.0M
Q2 24
$319.0M
Stockholders' Equity
CRAI
CRAI
TECH
TECH
Q1 26
$2.1B
Q4 25
$213.6M
$2.0B
Q3 25
$201.7M
Q2 25
$197.0M
$1.9B
Q1 25
$227.3M
$2.0B
Q4 24
$212.1M
$2.1B
Q3 24
$204.5M
$2.1B
Q2 24
$191.7M
$2.1B
Total Assets
CRAI
CRAI
TECH
TECH
Q1 26
$2.6B
Q4 25
$628.9M
$2.5B
Q3 25
$629.0M
Q2 25
$606.8M
$2.6B
Q1 25
$590.4M
$2.6B
Q4 24
$571.4M
$2.7B
Q3 24
$582.3M
$2.7B
Q2 24
$546.0M
$2.7B
Debt / Equity
CRAI
CRAI
TECH
TECH
Q1 26
Q4 25
0.13×
Q3 25
Q2 25
0.18×
Q1 25
0.16×
Q4 24
0.14×
Q3 24
0.14×
Q2 24
0.15×

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
TECH
TECH
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
TECH
TECH
Q1 26
Q4 25
$22.4M
Q3 25
$36.5M
Q2 25
$5.9M
$98.2M
Q1 25
$-80.0M
$41.1M
Q4 24
$79.4M
$84.3M
Q3 24
$31.6M
$63.9M
Q2 24
$1.8M
$75.5M
Free Cash Flow
CRAI
CRAI
TECH
TECH
Q1 26
Q4 25
Q3 25
$35.9M
Q2 25
$4.7M
$93.3M
Q1 25
$-81.0M
$31.0M
Q4 24
$68.8M
$77.5M
Q3 24
$28.6M
$54.7M
Q2 24
$-509.0K
$57.5M
FCF Margin
CRAI
CRAI
TECH
TECH
Q1 26
Q4 25
Q3 25
19.3%
Q2 25
2.5%
29.4%
Q1 25
-44.5%
9.8%
Q4 24
39.0%
26.1%
Q3 24
17.0%
18.9%
Q2 24
-0.3%
18.8%
Capex Intensity
CRAI
CRAI
TECH
TECH
Q1 26
Q4 25
Q3 25
0.3%
Q2 25
0.6%
1.5%
Q1 25
0.5%
3.2%
Q4 24
6.0%
2.3%
Q3 24
1.8%
3.2%
Q2 24
1.4%
5.9%
Cash Conversion
CRAI
CRAI
TECH
TECH
Q1 26
Q4 25
1.70×
Q3 25
3.19×
Q2 25
0.48×
Q1 25
-4.44×
1.82×
Q4 24
5.30×
2.42×
Q3 24
2.76×
1.90×
Q2 24
0.28×
1.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRAI
CRAI

Segment breakdown not available.

TECH
TECH

Protein Sciences segment revenue$226.2M73%
Diagnostics and Spatial Biology segment revenue$85.6M27%
Other revenue (1)$5.4M2%

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