Quarterly ResultAug 6, 2026, 04:30 PM
Willdan Q2 Net Income +57.7% to $24.3M; Raises FY2026 Targets
AI Summary
Willdan Group, Inc. announced strong financial results for the second quarter ended July 3, 2026, with net income increasing 57.7% to $24.3 million and net revenue growing 23.5% to $117.2 million. The company reported significant growth across key metrics, including a 53.4% rise in GAAP diluted EPS to $1.58 and a 50.6% increase in Adjusted EBITDA to $33.0 million. Reflecting this strong performance and confidence in future opportunities, Willdan has raised its financial targets for fiscal year 2026 across net revenue, Adjusted EBITDA, and Adjusted Diluted EPS.
Key Highlights
- Q2 2026 Net income increased 57.7% to $24.3 million.
- Q2 2026 Net revenue grew 23.5% to $117.2 million, with 18% organic growth.
- Q2 2026 GAAP Diluted EPS rose 53.4% to $1.58.
- Q2 2026 Adjusted EBITDA increased 50.6% to $33.0 million.
- Raised FY2026 Net Revenue target to $415 million to $430 million.
- Raised FY2026 Adjusted EBITDA target to $103 million to $107 million.
- Raised FY2026 Adjusted Diluted EPS target to $5.00 to $5.15 per share.
Price Impact
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