Quarterly ResultMay 7, 2026, 08:17 AM
Charles River Associates Q1 Revenue $201M, +10.5%; EPS $1.69; Declares $0.57 Dividend
AI Summary
Charles River Associates reported record first-quarter fiscal 2026 revenue of $201.0 million, a 10.5% increase year-over-year, driven by broad-based contributions across practices and geographies. Despite the strong top-line growth, GAAP net income decreased by 38.2% to $11.1 million, and GAAP diluted EPS fell 35.5% to $1.69. The company reaffirmed its full-year fiscal 2026 guidance and declared a quarterly cash dividend of $0.57 per share.
Key Highlights
- Q1 2026 revenue reached a record $201.0 million, up 10.5% year-over-year.
- GAAP net income decreased 38.2% to $11.1 million, with diluted EPS at $1.69.
- Non-GAAP net income decreased 14.1% to $13.1 million, with non-GAAP diluted EPS at $1.99.
- Board declared a quarterly cash dividend of $0.57 per common share, payable June 12, 2026.
- Utilization was 77%, and quarter-end consultant headcount increased 2.5% year-over-year.
- Returned $25.3 million to shareholders, including $3.8 million in dividends and $21.5 million in share repurchases.
- Reaffirmed full-year fiscal 2026 revenue guidance of $785 million to $805 million.
- International operations revenue expanded 20.3% year-over-year.