Willdan Group, Inc.

Willdan Group, Inc. reported its third quarter financial results for the period ended October 2, 2026. The company announced a 17.9% increase in contract revenue to $214.5 million and an 18.1% rise in net revenue to $112.2 million. However, net income saw a 13.6% decrease to $11.9 million, and GAAP Diluted EPS fell by 15.6% to $0.76. Adjusted EBITDA showed a positive trend, increasing by 22.4% to $28.3 million. The company also highlighted the closure of the Mantis Innovation acquisition and raised its fiscal year 2026 financial targets while introducing preliminary fiscal year 2027 targets.

Willdan Group, Inc. announced the completion of its acquisition of Mantis Intermediate Holdings, LLC (Mantis Innovation) for $285 million in cash, subject to customary adjustments. The acquisition was financed using $35 million from its existing Revolving Credit Facility and $250 million borrowed under an amended Credit Agreement, which included a new $250 million term loan facility. Mantis Innovation offers building controls, energy efficiency, and facility management solutions to commercial and industrial clients. Willdan expects this acquisition to enhance its ability to help clients manage energy load, control costs, and maintain reliability.

Willdan Group, Inc. reported strong financial results for the second quarter and first six months ended July 3, 2026. For the second quarter, contract revenue increased 33.2% to $231.0 million, net income rose 57.7% to $24.3 million, and diluted EPS grew 53.4% to $1.58. The company also engaged in significant acquisition activity, with cash paid for acquisitions totaling $50.5 million for the six-month period.

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.

Willdan Group, Inc. stockholders approved amendments to the 2008 Performance Incentive Plan at its Annual Meeting. These amendments increase the shares available for award grants by 380,000 to a new aggregate of 6,099,167 shares and extend the plan's term to April 19, 2036. Additionally, stockholders elected seven director nominees, ratified Crowe LLP as the independent auditor for fiscal year 2026, and approved named executive officer compensation on an advisory basis. The Board also determined to hold advisory votes on executive compensation annually.

Willdan Group, Inc. reported a significant increase in net income and diluted EPS for the three months ended April 3, 2026, with net income rising 82% to $8.53 million and diluted EPS reaching $0.55. Contract revenue also saw a modest increase of 1.8% to $155.11 million. However, the company experienced a notable shift in cash flow from operations, moving from $3.31 million provided in the prior year to $24.37 million used in the current period, and a decrease in cash and cash equivalents.

Willdan Group, Inc. reported strong first-quarter 2026 financial results, with net income increasing 82.0% to $8.5 million and Adjusted Diluted EPS rising 44.4% to $0.91. The company also announced the acquisition of Burton Energy Group, which expands its commercial market services. Reflecting this strong performance and strategic growth, Willdan raised its fiscal year 2026 financial targets for net revenue, Adjusted EBITDA, and Adjusted Diluted EPS.

Willdan Group, Inc. announced its 2026 Annual Meeting of Stockholders to be held virtually on June 17, 2026. Key proposals include the election of seven directors, ratification of Crowe LLP as auditor, advisory approval of executive compensation, and an amendment to the 2008 Performance Incentive Plan to increase available shares. The company also highlighted strong 2025 performance with $681.6 million in contract revenue and $52.6 million in net income, marking a record-setting year.

Willdan Group, Inc. will hold its 2026 Annual Meeting of Stockholders virtually on June 17, 2026. Shareholders will vote on the election of seven directors, ratification of Crowe LLP as the independent auditor, approval of named executive officer compensation, and an amendment to the 2008 Performance Incentive Plan to increase available shares. The company reported a record-setting fiscal year 2025 with $681.6 million in contract revenue and $52.6 million in net income, driven by double-digit organic growth.

Willdan Group, Inc. (WLDN) announced its 2026 Annual Meeting of Stockholders will be held virtually on June 17, 2026. Key proposals include the election of seven directors, ratification of Crowe LLP as auditor, an advisory vote on executive compensation, and an amendment to the 2008 Performance Incentive Plan to increase available shares. The company also reported strong fiscal year 2025 performance with record contract revenue, net income, and cash from operations, driven by broad-based demand and operational efficiency.