Willdan Group, Inc.WLDNEarnings & Financial Report
Willdan Group, Inc. (Willdan) is an American publicly traded company selling professional technical and consulting services to public and private utilities, public agencies at all levels of government, and commercial and industrial firms. The company operates offices in more than a dozen states, with its key operations in California and New York.
Revenue
$173.5M
Gross Profit
$68.3M
Operating Profit
$11.8M
Net Profit
$15.4M
Gross Margin
39.4%
Operating Margin
6.8%
Net Margin
8.9%
YoY Growth
23.0%
EPS
$1.03
Willdan Group, Inc. Q2 FY2025 Financial Summary
Willdan Group, Inc. reported revenue of $173.5M (up 23.0% YoY) for Q2 FY2025, with a net profit of $15.4M (up 236.0% YoY) (8.9% margin). Cost of goods sold was $105.1M, operating expenses totaled $56.5M.
Key Financial Metrics
| Total Revenue | $173.5M |
|---|---|
| Net Profit | $15.4M |
| Gross Margin | 39.4% |
| Operating Margin | 6.8% |
| Report Period | Q2 FY2025 |
Willdan Group, Inc. Annual Revenue by Year
Willdan Group, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $565.8M).
| Year | Annual Revenue |
|---|---|
| 2024 | $565.8M |
| 2023 | $510.1M |
| 2022 | $429.1M |
| 2021 | $353.8M |
Willdan Group, Inc. Quarterly Revenue & Net Profit History
Willdan Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $182.0M | +15.0% | $13.7M | 7.5% |
| Q2 FY2025 | $173.5M | +23.0% | $15.4M | 8.9% |
| Q1 FY2025 | $152.4M | +24.4% | $4.7M | 3.1% |
| Q4 FY2024 | $144.1M | -7.5% | $7.7M | 5.3% |
| Q3 FY2024 | $158.3M | +19.2% | $7.3M | 4.6% |
| Q2 FY2024 | $141.0M | +18.4% | $4.6M | 3.3% |
| Q1 FY2024 | $122.5M | +19.4% | $2.9M | 2.4% |
| Q4 FY2023 | $155.7M | +37.5% | $8.0M | 5.2% |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $155.7M | $122.5M | $141.0M | $158.3M | $144.1M | $152.4M | $173.5M | $182.0M |
| YoY Growth | 37.5% | 19.4% | 18.4% | 19.2% | -7.5% | 24.4% | 23.0% | 15.0% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $415.6M | $407.9M | $421.3M | $447.3M | $464.9M | $471.2M | $484.9M | $507.9M |
| Liabilities | $215.7M | $202.4M | $208.3M | $223.3M | $230.5M | $225.6M | $218.9M | $224.8M |
| Equity | $199.8M | $205.5M | $213.0M | $224.0M | $234.3M | $245.5M | $265.9M | $283.1M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $15.1M | $26.9M | $889000 | $10.8M | $33.5M | $3.3M | $25.4M | $12.2M |