Loading...
•
Jan 02
Exponent Q4 2025 Earnings Report
Exponent reported strong financial results for the fourth quarter and fiscal year 2025, driven by growth in both proactive and reactive engagements.
Key Takeaways
Exponent, Inc. delivered a strong finish to 2025, with total revenues increasing 7.8% to $147.4 million in the fourth quarter of 2025 compared to the same period in 2024. Net income rose to $24.8 million, or $0.49 per diluted share, reflecting robust demand for its specialized expertise across various sectors.
Total revenues increased 7.8% to $147.4 million in Q4 2025, up from $136.8 million in Q4 2024.
Net income for Q4 2025 was $24.8 million, or $0.49 per diluted share, compared to $23.6 million, or $0.46 per diluted share, in Q4 2024.
EBITDA increased to $34.7 million, representing 26.8% of revenues before reimbursements in Q4 2025.
Growth was driven by increased demand for user research services in consumer electronics, expanded risk management in utilities, and failure analysis across multiple sectors.
Revenue by Segment
Forward Guidance
Exponent anticipates accelerated year-over-year growth for fiscal year 2026, with revenues before reimbursements expected to grow in the high-single digits and EBITDA margins to remain strong.
Positive Outlook
- Revenues before reimbursements are expected to grow in the high-single digits for Q1 2026.
- EBITDA is anticipated to be 27.5% to 28.5% of revenues before reimbursements for Q1 2026.
- For the full fiscal year 2026, revenues before reimbursements are projected to grow in the high-single digits.
- EBITDA for the full fiscal year 2026 is expected to be 27.6% to 28.1% of revenues before reimbursements.
- The company is confident in its ability to deliver profitable growth due to accelerating innovation and complex systems.
Challenges Ahead
- No specific negative guidance or risks were highlighted in the outlook section.
- The company did not provide specific numerical targets for net income or EPS for the upcoming periods.
- Potential impacts of equity awards on taxes are uncertain and not included in the guidance.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...