Willdan Group, Inc. (WLDN) Willdan Group, Inc., including its various subsidiaries, offers a wide array of expert, technical, and advisory services, primarily concentrating its operations within the United States. The company's business activities are structured into two main divisions: Energy, and Engineering and Consulting. The Energy segment delivers a comprehensive suite of services, which includes detailed audits and assessments, the creation of strategic programs, master planning, efforts to reduce energy demand, optimization of electrical grids, benchmarking studies, engineering design, supervision of construction, performance-based contracting, installation services, innovative financing solutions, and thorough measurement and verification. This division also provides advanced software and data analytics capabilities. Concurrently, the Engineering and Consulting segment furnishes solutions related to building and safety, urban engineering, code enforcement, thorough review and inspection of development plans, disaster recovery efforts, geotechnical and earthquake engineering, urban planning and surveying, offering contract staff support, project and construction management, structural engineering, transportation and traffic system engineering, and water resource management. Additionally, this segment provides administrative services for districts, financial advisory, federal regulatory compliance assistance, and specialized communications and technology solutions. Willdan serves a broad spectrum of clients, encompassing numerous public and governmental bodies like cities, counties, redevelopment authorities, water districts, school systems, and universities. Its clientele also extends to investor-owned and publicly managed energy utilities, state and federal government agencies, commercial and industrial enterprises, alongside various other specialized districts and organizations. The company, which was founded in 1964, has its headquarters located in Anaheim, California.
Sector: Services-Engineering Services
Industry: Engineering & Construction
Willdan Group, Inc. NASDAQ:WLDN Industrials · Engineering & Construction
Pre Pre-market +1.93%$67.50 Close $66.22 +0.44%AH $66.51 +1.49%Now $67.50
Close $66.22 -6.53% AH $66.51 +1.49% since
Press Release ● Major ⚠ 3
Willdan Group Reports Third Quarter Results
Willdan Group reported Q3 2026 contract revenue of $214.5 million, up 17.9% YoY, with net revenue of $112.2 million and Adjusted EBITDA of $28.3 million, up 22.4%.
Q3 GAAP diluted EPS fell 15.6% to $0.76 and adjusted diluted EPS slipped 0.8% to $1.20, while nine-month net income was up 32.2% to $44.7 million.
Management raised FY2026 targets to net revenue of $435-$445 million, Adjusted EBITDA of $109-$111 million, and adjusted EPS of $5.15-$5.25, and introduced preliminary FY2027 targets of >$1B contract revenue and >$140M Adjusted EBITDA.
The company also closed its largest-ever acquisition, Mantis Innovation, expanding its energy management services for commercial and industrial customers.
• 3d ago AI analysis › Press Release ⚠ 2
Willdan to Provide Engineering for 643 MW in Energy Infrastructure Projects
Willdan Group received limited notices to proceed for engineering and procurement on substation and battery energy storage projects totaling 643 MW of capacity.
The project mix includes a transformer substation for a 100 MW datacenter in California plus renewables substations and a 75 MW BESS across Texas and Illinois, reflecting demand tied to datacenter buildout and grid constraints.
These are limited notices to proceed rather than full contract awards and no contract value was disclosed, so revenue contribution remains incremental until definitive agreements follow.
• 3d ago AI analysis › Press Release
Willdan Selected To Be a NYPA Statewide Energy Services Provider
Willdan Group has been selected by the New York Power Authority as one of 26 service providers for NYPA's Energy Services Program, covering energy audits, retro-commissioning, design-build, and related services.
The providers operate under ten-year value contracts, with projects assigned to qualified providers as needed across education, healthcare, government, housing, and transportation customers.
NYPA is already one of Willdan's largest customers, and management expects the program to support New York State's clean energy transition; no contract dollar value was disclosed.
• 3d ago AI analysis › Press Release ● Major ⚠ 1
Willdan Completes Acquisition of Mantis Innovation
Willdan Group completed its previously announced $285 million cash acquisition of Mantis Innovation, following HSR clearance and satisfaction of customary closing conditions.
Mantis, headquartered in Houston, provides building controls, energy efficiency, energy advisory, and facility management solutions to commercial and industrial customers across manufacturing, healthcare, data centers, and other energy-intensive industries.
Updated financial guidance reflecting the deal will be provided on Willdan's Q3 earnings call scheduled for November 5, 2026. Jefferies LLC served as exclusive financial advisor to Mantis.
• 9d ago AI analysis › Press Release
Willdan Announces Date of Third Quarter 2026 Earnings Release and Conference Call
Willdan Group (Nasdaq: WLDN) will release its third quarter 2026 financial results after market close on Thursday, November 5, 2026.
The company will host an investor conference call at 5:30 p.m. EST / 2:30 p.m. PST the same day, with a live webcast available on its website and a replay posted afterward.
This is a scheduling notice only; no financial results or guidance are included.
• 1mo ago AI analysis › Press Release ● Major ⚠ 3
Willdan to Acquire Mantis Innovation, Strengthening Its Position in Energy Management and Infrastructure
Willdan Group agreed to acquire 100% of Mantis Innovation for $285 million in cash, expanding its energy management, building controls, and facility services footprint.
Mantis, a Houston-based provider with more than 220 employees, is expected to generate $120 million of net revenue in 2026 with an adjusted EBITDA margin in the low 20s, and to be accretive to Willdan's earnings in 2027.
Funding comes from a new fully underwritten $250 million term loan plus cash and existing credit facilities; closing is expected in Q4 2026 pending Hart-Scott-Rodino antitrust clearance.
• 1mo ago AI analysis › Press Release
Willdan Expands Power Delivery Engineering Capabilities With KCS Corporation
Willdan Group acquired substantially all assets of KCS Corporation, a Chicago-based engineering consulting firm, to bolster its power delivery engineering capabilities.
The acquisition brings on a 15-person team specialized in critical infrastructure, expanding Willdan's capacity for data center, battery storage, and grid modernization projects.
CEO Mike Bieber noted that KCS had previously partnered with Willdan on substation and renewables projects, acting as a natural extension of the team.
• 2mo ago AI analysis › Press Release ● Major ⚠ 2
Willdan Group Reports Second Quarter Results
Willdan delivered a strong second quarter with contract revenue rising 33.2% year-over-year to $231.0 million and net revenue increasing 23.5% to $117.2 million.
Profitability expanded significantly, with net income jumping 57.7% to $24.3 million and GAAP diluted EPS increasing 53.4% to $1.58.
Based on the strong performance, management raised its full-year 2026 guidance, now targeting net revenue of $415 million to $430 million and adjusted diluted EPS between $5.00 and $5.15 per share.
• 3mo ago AI analysis › Press Release
Willdan Selected by Encina Wastewater Authority for $31 Million Cogeneration Project
Willdan Group secured a $31 million design-build contract with the Encina Wastewater Authority to deliver a renewable cogeneration project.
The system will utilize renewable biogas to produce on-site electricity and includes new generators, emissions upgrades, and battery storage.
CEO Mike Bieber highlighted that the project addresses the growing demand for solutions that bolster critical infrastructure and sustainability.
• 3mo ago AI analysis › Press Release
Willdan Announces Date of Second Quarter 2026 Earnings Release and Conference Call
Willdan announced it will release its financial results for the second quarter of 2026 after the market closes on Thursday, August 6, 2026.
Management will host an investor conference call at 5:30 p.m. EST on the same day to discuss the results.
Investors can access the live audio webcast via the company's website or dial in using the provided conference numbers.
• 4mo ago AI analysis › Press Release ● Major
Willdan Group Reports First Quarter Results
Willdan reported Q1 net revenue of $92.4 million, up 8.3% year-over-year, with GAAP EPS of $0.55 rising 71.9%.
Management raised 2026 financial targets, projecting Adjusted EBITDA growth of 26% to 32% and net revenue between $410 million and $425 million.
The company also closed the acquisition of Burton Energy Group, expanding its commercial and energy procurement capabilities.
• 6mo ago AI analysis › Press Release ● Major ⚠ 1
Willdan Expands Commercial Energy Capabilities With Acquisition of Burton Energy Group
Willdan acquired Burton Energy Group, adding $103 million in contract revenue and 60,000 client sites to its portfolio.
The deal is expected to be accretive to 2026 adjusted earnings per share and significantly expands Willdan's footprint in the Southeast and Midwest.
Burton brings a high percentage of recurring revenue and energy procurement capabilities, doubling Willdan's commercial sector expansion.
• 6mo ago AI analysis › Press Release
Willdan Wins $27 Million Contract to Redesign and Implement New York City Accelerator Program
businesswire.com • 6mo ago