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.
Key figures
- Eps
- 0.76
- Revenue
- 214500000
- Guidance
- FY2026: Net Revenue $435M-$445M, Adjusted EBITDA $109M-$111M, Adjusted Diluted EPS $5.15-$5.25 (raised); FY2027 preliminary: Contract Revenue >$1B, Net Revenue >$0.5B, Adjusted EBITDA >$140M
- Revenue Yoy
- 17.9%
- Net income
- 11900000
- Net revenue
- 112200000
- Net income yoy
- -13.6%
- Adjusted ebitda
- 28300000
- Net revenue yoy
- 18.1%
- Ytd net income yoy
- 32.2%
- Adjusted ebitda yoy
- 22.4%
- Adjusted diluted eps
- 1.2
- Cash and equivalents
- 39155000
- Ytd contract revenue
- 600700000
- Adjusted ebitda margin
- 25.2%
- Adjusted diluted eps yoy
- -0.8%
AI analysis
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