vs

Side-by-side financial comparison of EXPONENT INC (EXPO) and REPLIGEN CORP (RGEN). Click either name above to swap in a different company.

REPLIGEN CORP is the larger business by last-quarter revenue ($197.9M vs $166.3M, roughly 1.2× EXPONENT INC). EXPONENT INC runs the higher net margin — 17.8% vs 6.7%, a 11.1% gap on every dollar of revenue. On growth, EXPONENT INC posted the faster year-over-year revenue change (14.3% vs 13.6%). Over the past eight quarters, REPLIGEN CORP's revenue compounded faster (14.4% CAGR vs 8.8%).

Exponent, Inc. is an American engineering and scientific consulting firm. Exponent has a team of scientists, physicians, engineers, and business consultants which performs research and analysis in more than 90 technical disciplines. The company operates 20 offices in the United States and five offices overseas.

Repligen Corporation is a global life sciences company devoted to the development and commercialization of innovative bioprocessing technologies and systems that enable efficiencies in the process of manufacturing biological drugs.2025 The company is based in Waltham, Massachusetts,2014 and was incorporated in Delaware in 1981. A public company, Repligen is listed on the NASDAQ exchange under the symbol RGEN. As of 2025, Repligen employs over 1,900 employees globally and serves primarily biop...

EXPO vs RGEN — Head-to-Head

Bigger by revenue
RGEN
RGEN
1.2× larger
RGEN
$197.9M
$166.3M
EXPO
Growing faster (revenue YoY)
EXPO
EXPO
+0.6% gap
EXPO
14.3%
13.6%
RGEN
Higher net margin
EXPO
EXPO
11.1% more per $
EXPO
17.8%
6.7%
RGEN
Faster 2-yr revenue CAGR
RGEN
RGEN
Annualised
RGEN
14.4%
8.8%
EXPO

Income Statement — Q1 FY2027 vs Q4 FY2025

Metric
EXPO
EXPO
RGEN
RGEN
Revenue
$166.3M
$197.9M
Net Profit
$29.6M
$13.3M
Gross Margin
52.5%
Operating Margin
24.9%
9.0%
Net Margin
17.8%
6.7%
Revenue YoY
14.3%
13.6%
Net Profit YoY
11.0%
143.9%
EPS (diluted)
$0.59
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EXPO
EXPO
RGEN
RGEN
Q1 26
$166.3M
Q4 25
$147.1M
$197.9M
Q3 25
$142.0M
$188.8M
Q2 25
$145.5M
$182.4M
Q1 25
$136.8M
$169.2M
Q4 24
$174.1M
Q3 24
$136.3M
$154.9M
Q2 24
$140.5M
$154.1M
Net Profit
EXPO
EXPO
RGEN
RGEN
Q1 26
$29.6M
Q4 25
$28.0M
$13.3M
Q3 25
$26.6M
$14.9M
Q2 25
$26.6M
$14.9M
Q1 25
$23.6M
$5.8M
Q4 24
$-30.3M
Q3 24
$26.0M
$-654.0K
Q2 24
$29.2M
$3.3M
Gross Margin
EXPO
EXPO
RGEN
RGEN
Q1 26
Q4 25
52.5%
Q3 25
53.2%
Q2 25
50.0%
Q1 25
53.6%
Q4 24
26.1%
Q3 24
50.0%
Q2 24
49.8%
Operating Margin
EXPO
EXPO
RGEN
RGEN
Q1 26
24.9%
Q4 25
19.7%
9.0%
Q3 25
12.1%
8.9%
Q2 25
30.5%
7.6%
Q1 25
19.9%
3.9%
Q4 24
-17.7%
Q3 24
19.0%
-5.1%
Q2 24
25.4%
1.0%
Net Margin
EXPO
EXPO
RGEN
RGEN
Q1 26
17.8%
Q4 25
19.1%
6.7%
Q3 25
18.7%
7.9%
Q2 25
18.3%
8.2%
Q1 25
17.2%
3.4%
Q4 24
-17.4%
Q3 24
19.1%
-0.4%
Q2 24
20.8%
2.2%
EPS (diluted)
EXPO
EXPO
RGEN
RGEN
Q1 26
$0.59
Q4 25
$0.55
$0.24
Q3 25
$0.52
$0.26
Q2 25
$0.52
$0.26
Q1 25
$0.45
$0.10
Q4 24
$-0.55
Q3 24
$0.50
$-0.01
Q2 24
$0.57
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXPO
EXPO
RGEN
RGEN
Cash + ST InvestmentsLiquidity on hand
$118.6M
$767.6M
Total DebtLower is stronger
$542.2M
Stockholders' EquityBook value
$338.3M
$2.1B
Total Assets
$687.4M
$2.9B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPO
EXPO
RGEN
RGEN
Q1 26
$118.6M
Q4 25
$207.4M
$767.6M
Q3 25
$231.8M
$748.7M
Q2 25
$245.1M
$708.9M
Q1 25
$258.9M
$697.2M
Q4 24
$757.4M
Q3 24
$219.7M
$784.0M
Q2 24
$203.3M
$809.1M
Total Debt
EXPO
EXPO
RGEN
RGEN
Q1 26
Q4 25
$542.2M
Q3 25
$537.9M
Q2 25
Q1 25
Q4 24
$525.6M
Q3 24
Q2 24
Stockholders' Equity
EXPO
EXPO
RGEN
RGEN
Q1 26
$338.3M
Q4 25
$402.9M
$2.1B
Q3 25
$427.8M
$2.1B
Q2 25
$441.4M
$2.1B
Q1 25
$421.1M
$2.0B
Q4 24
$2.0B
Q3 24
$410.3M
$2.0B
Q2 24
$393.2M
$2.0B
Total Assets
EXPO
EXPO
RGEN
RGEN
Q1 26
$687.4M
Q4 25
$761.4M
$2.9B
Q3 25
$759.4M
$2.9B
Q2 25
$763.2M
$2.9B
Q1 25
$777.3M
$2.9B
Q4 24
$2.8B
Q3 24
$744.1M
$2.8B
Q2 24
$709.2M
$2.9B
Debt / Equity
EXPO
EXPO
RGEN
RGEN
Q1 26
Q4 25
0.26×
Q3 25
0.26×
Q2 25
Q1 25
Q4 24
0.27×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXPO
EXPO
RGEN
RGEN
Operating Cash FlowLast quarter
$25.7M
Free Cash FlowOCF − Capex
$17.6M
FCF MarginFCF / Revenue
8.9%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
1.93×
TTM Free Cash FlowTrailing 4 quarters
$93.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPO
EXPO
RGEN
RGEN
Q1 26
Q4 25
$32.7M
$25.7M
Q3 25
$36.2M
$48.1M
Q2 25
$7.3M
$28.6M
Q1 25
$56.1M
$15.0M
Q4 24
$39.2M
Q3 24
$29.7M
$49.3M
Q2 24
$48.3M
$42.2M
Free Cash Flow
EXPO
EXPO
RGEN
RGEN
Q1 26
Q4 25
$30.0M
$17.6M
Q3 25
$33.9M
$43.4M
Q2 25
$5.5M
$21.5M
Q1 25
$53.5M
$11.4M
Q4 24
$33.6M
Q3 24
$28.0M
$42.3M
Q2 24
$47.2M
$37.4M
FCF Margin
EXPO
EXPO
RGEN
RGEN
Q1 26
Q4 25
20.4%
8.9%
Q3 25
23.9%
23.0%
Q2 25
3.8%
11.8%
Q1 25
39.1%
6.8%
Q4 24
19.3%
Q3 24
20.5%
27.3%
Q2 24
33.6%
24.3%
Capex Intensity
EXPO
EXPO
RGEN
RGEN
Q1 26
Q4 25
1.8%
4.1%
Q3 25
1.6%
2.5%
Q2 25
1.2%
3.9%
Q1 25
1.9%
2.1%
Q4 24
3.2%
Q3 24
1.3%
4.5%
Q2 24
0.8%
3.1%
Cash Conversion
EXPO
EXPO
RGEN
RGEN
Q1 26
Q4 25
1.16×
1.93×
Q3 25
1.36×
3.23×
Q2 25
0.27×
1.92×
Q1 25
2.38×
2.57×
Q4 24
Q3 24
1.14×
Q2 24
1.65×
12.70×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXPO
EXPO

Revenues before reimbursements$151.8M91%
Reimbursements$14.5M9%

RGEN
RGEN

Segment breakdown not available.

Related Comparisons