CRA

Q2 FY2026 EarningsQ2 FY26 results beat consensus on both top and bottom lines: revenue reached $210.8M vs. $198.9M expected, while Diluted EPS of $2.10 marginally missed the $2.15 mean consensus but landed within the analyst range. Strong demand in management consulting drove a significant shift toward fixed-price contracts (23% of sales) and helped lift utilization to 77%. Despite higher revenue, profitability was pressured by a rising effective tax rate (32.9% vs. 30.5% expected) and increased forgivable loan amortization, though the company secured a significant credit facility expansion to $400M post-quarter end.