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Side-by-side financial comparison of CRA INTERNATIONAL, INC. (CRAI) and GeneDx Holdings Corp. (WGS). Click either name above to swap in a different company.

CRA INTERNATIONAL, INC. is the larger business by last-quarter revenue ($197.0M vs $121.0M, roughly 1.6× GeneDx Holdings Corp.). CRA INTERNATIONAL, INC. runs the higher net margin — 6.7% vs -14.6%, a 21.3% gap on every dollar of revenue. On growth, GeneDx Holdings Corp. posted the faster year-over-year revenue change (26.5% vs 11.6%). Over the past eight quarters, GeneDx Holdings Corp.'s revenue compounded faster (39.2% 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.

GeneDx is a genetic testing company that was founded in 2000 by two scientists from the National Institutes of Health (NIH), Sherri Bale and John Compton. They started the company to provide clinical diagnostic services for patients and families with rare and ultra-rare disorders, for which no such commercial testing was available at the time. The company started in the Technology Development Center, a biotech incubator supported by the state of Maryland and Montgomery County, MD. In 2006, Bi...

CRAI vs WGS — Head-to-Head

Bigger by revenue
CRAI
CRAI
1.6× larger
CRAI
$197.0M
$121.0M
WGS
Growing faster (revenue YoY)
WGS
WGS
+14.9% gap
WGS
26.5%
11.6%
CRAI
Higher net margin
CRAI
CRAI
21.3% more per $
CRAI
6.7%
-14.6%
WGS
Faster 2-yr revenue CAGR
WGS
WGS
Annualised
WGS
39.2%
7.1%
CRAI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRAI
CRAI
WGS
WGS
Revenue
$197.0M
$121.0M
Net Profit
$13.2M
$-17.7M
Gross Margin
69.6%
Operating Margin
10.5%
-11.8%
Net Margin
6.7%
-14.6%
Revenue YoY
11.6%
26.5%
Net Profit YoY
-12.0%
-424.9%
EPS (diluted)
$1.99
$-0.59

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
WGS
WGS
Q4 25
$197.0M
$121.0M
Q3 25
$185.9M
$116.7M
Q2 25
$186.9M
$102.7M
Q1 25
$181.9M
$87.1M
Q4 24
$176.4M
$95.6M
Q3 24
$167.7M
$76.9M
Q2 24
$171.4M
$70.5M
Q1 24
$171.8M
$62.4M
Net Profit
CRAI
CRAI
WGS
WGS
Q4 25
$13.2M
$-17.7M
Q3 25
$11.5M
$-7.6M
Q2 25
$12.1M
$10.8M
Q1 25
$18.0M
$-6.5M
Q4 24
$15.0M
$5.4M
Q3 24
$11.4M
$-8.3M
Q2 24
$6.5M
$-29.2M
Q1 24
$13.7M
$-20.2M
Gross Margin
CRAI
CRAI
WGS
WGS
Q4 25
69.6%
Q3 25
72.4%
Q2 25
69.0%
Q1 25
67.1%
Q4 24
69.2%
Q3 24
62.2%
Q2 24
60.9%
Q1 24
59.9%
Operating Margin
CRAI
CRAI
WGS
WGS
Q4 25
10.5%
-11.8%
Q3 25
9.3%
-2.8%
Q2 25
10.6%
8.7%
Q1 25
14.0%
-5.2%
Q4 24
12.2%
9.2%
Q3 24
11.0%
-10.1%
Q2 24
6.6%
-15.0%
Q1 24
11.4%
-21.9%
Net Margin
CRAI
CRAI
WGS
WGS
Q4 25
6.7%
-14.6%
Q3 25
6.2%
-6.5%
Q2 25
6.5%
10.5%
Q1 25
9.9%
-7.5%
Q4 24
8.5%
5.7%
Q3 24
6.8%
-10.8%
Q2 24
3.8%
-41.4%
Q1 24
8.0%
-32.4%
EPS (diluted)
CRAI
CRAI
WGS
WGS
Q4 25
$1.99
$-0.59
Q3 25
$-0.27
Q2 25
$0.36
Q1 25
$-0.23
Q4 24
$0.25
Q3 24
$-0.31
Q2 24
$-1.10
Q1 24
$-0.78

Balance Sheet & Financial Strength

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

Metric
CRAI
CRAI
WGS
WGS
Cash + ST InvestmentsLiquidity on hand
$18.2M
$171.3M
Total DebtLower is stronger
$54.5M
Stockholders' EquityBook value
$213.6M
$308.2M
Total Assets
$628.9M
$523.7M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRAI
CRAI
WGS
WGS
Q4 25
$18.2M
$171.3M
Q3 25
$22.5M
$155.1M
Q2 25
$19.4M
$134.6M
Q1 25
$25.6M
$159.2M
Q4 24
$26.7M
$141.2M
Q3 24
$24.5M
$116.5M
Q2 24
$24.6M
$106.9M
Q1 24
$37.1M
$112.9M
Total Debt
CRAI
CRAI
WGS
WGS
Q4 25
$54.5M
Q3 25
$54.8M
Q2 25
$55.1M
Q1 25
$55.5M
Q4 24
$55.8M
Q3 24
$56.1M
Q2 24
$56.3M
Q1 24
$56.3M
Stockholders' Equity
CRAI
CRAI
WGS
WGS
Q4 25
$213.6M
$308.2M
Q3 25
$201.7M
$292.3M
Q2 25
$197.0M
$277.1M
Q1 25
$227.3M
$257.4M
Q4 24
$212.1M
$245.2M
Q3 24
$204.5M
$204.5M
Q2 24
$191.7M
$194.0M
Q1 24
$211.8M
$207.2M
Total Assets
CRAI
CRAI
WGS
WGS
Q4 25
$628.9M
$523.7M
Q3 25
$629.0M
$493.9M
Q2 25
$606.8M
$463.9M
Q1 25
$590.4M
$446.4M
Q4 24
$571.4M
$419.4M
Q3 24
$582.3M
$408.8M
Q2 24
$546.0M
$389.1M
Q1 24
$552.5M
$394.5M
Debt / Equity
CRAI
CRAI
WGS
WGS
Q4 25
0.18×
Q3 25
0.19×
Q2 25
0.20×
Q1 25
0.22×
Q4 24
0.23×
Q3 24
0.27×
Q2 24
0.29×
Q1 24
0.27×

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
WGS
WGS
Operating Cash FlowLast quarter
$22.4M
$-3.1M
Free Cash FlowOCF − Capex
$-7.4M
FCF MarginFCF / Revenue
-6.1%
Capex IntensityCapex / Revenue
3.6%
Cash ConversionOCF / Net Profit
1.70×
TTM Free Cash FlowTrailing 4 quarters
$14.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRAI
CRAI
WGS
WGS
Q4 25
$22.4M
$-3.1M
Q3 25
$36.5M
$15.8M
Q2 25
$5.9M
$10.4M
Q1 25
$-80.0M
$10.2M
Q4 24
$79.4M
$-3.2M
Q3 24
$31.6M
$-4.4M
Q2 24
$1.8M
$-4.5M
Q1 24
$-63.1M
$-16.4M
Free Cash Flow
CRAI
CRAI
WGS
WGS
Q4 25
$-7.4M
Q3 25
$35.9M
$9.6M
Q2 25
$4.7M
$8.1M
Q1 25
$-81.0M
$4.1M
Q4 24
$68.8M
$-6.2M
Q3 24
$28.6M
$-5.0M
Q2 24
$-509.0K
$-5.9M
Q1 24
$-63.8M
$-16.9M
FCF Margin
CRAI
CRAI
WGS
WGS
Q4 25
-6.1%
Q3 25
19.3%
8.2%
Q2 25
2.5%
7.8%
Q1 25
-44.5%
4.7%
Q4 24
39.0%
-6.5%
Q3 24
17.0%
-6.6%
Q2 24
-0.3%
-8.3%
Q1 24
-37.1%
-27.0%
Capex Intensity
CRAI
CRAI
WGS
WGS
Q4 25
3.6%
Q3 25
0.3%
5.3%
Q2 25
0.6%
2.3%
Q1 25
0.5%
7.0%
Q4 24
6.0%
3.2%
Q3 24
1.8%
0.8%
Q2 24
1.4%
1.9%
Q1 24
0.4%
0.7%
Cash Conversion
CRAI
CRAI
WGS
WGS
Q4 25
1.70×
Q3 25
3.19×
Q2 25
0.48×
0.96×
Q1 25
-4.44×
Q4 24
5.30×
-0.59×
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.

WGS
WGS

Diagnostic Test Third Party Insurance$101.1M84%
Diagnostic Test Institutional Customers$15.5M13%
Other$3.4M3%

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