Willdan Group, Inc. income statement
In fiscal 2025, Willdan Group, Inc. reported revenue of $682m, up 20.5% on the year before, operating income of $44.1m (a 6.5% margin) and net income of $52.6m, or $3.49 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Jan 2010 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Jan 2015 | 2015Jan 2016 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Jan 2021 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 62 | 78 | 107 | 93 | 86 | 108 | 135 | 209 | 273 | 272 | 443 | 391 | 354 | 429 | 510 | 566 | 682 | 742 |
| Cost of revenue | 29 | 42 | 65 | 59 | 49 | 64 | 82 | 143 | 197 | 179 | 308 | 262 | 218 | 286 | 330 | 363 | 426 | 462 |
| Gross profit | 33 | 36 | 42 | 34 | 37 | 44 | 53 | 66 | 77 | 93 | 135 | 129 | 136 | 144 | 180 | 203 | 256 | 280 |
| Operating income | −7 | 3 | 3 | −19 | 3 | 8 | 8 | 12 | 14 | 13 | 9 | −16 | −9 | −7 | 22 | 31 | 44 | 52 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 5 | 4 | — | — | — | — | — |
| Income before tax | −8 | 3 | 3 | −19 | 3 | 8 | 7 | 11 | 14 | 12 | 5 | −20 | −12 | −11 | 15 | 27 | 40 | 51 |
| Income tax | −2 | 0 | 2 | −2 | 0 | −1 | 3 | 3 | 2 | 2 | −0 | −5 | −4 | −3 | 4 | 4 | −13 | −10 |
| Net income | −6 | 3 | 2 | −17 | 3 | 9 | 4 | 8 | 12 | 10 | 5 | −14 | −8 | −8 | 11 | 23 | 53 | 65 |
| Diluted EPS | −$0.78 | $0.37 | $0.24 | −$2.37 | $0.35 | $1.22 | $0.52 | $0.97 | $1.32 | $1.03 | $0.41 | −$1.23 | −$0.68 | −$0.65 | $0.80 | $1.58 | $3.49 | $4.26 |
| Diluted shares (average) | 7m | 7m | 7m | 7m | 7m | 8m | 8m | 9m | 9m | 10m | 12m | 12m | 12m | 13m | 14m | 14m | 15m | 15m |
| EBITDA | −6 | 4 | 4 | −19 | 3 | 9 | 10 | 15 | 18 | 19 | 25 | 3 | 8 | 10 | 39 | 46 | 63 | 73 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Apr 2025 | 2025 Q2Jul 2025 | 2025 Q3Oct 2025 | 2025 Q4Jan 2026 | 2026 Q1Apr 2026 | 2026 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 158 | 144 | 152 | 173 | 182 | 174 | 155 | 231 |
| Cost of revenue | 107 | 89 | 95 | 105 | 115 | 111 | 92 | 144 |
| Gross profit | 52 | 55 | 58 | 68 | 67 | 63 | 63 | 87 |
| Operating income | 9 | 11 | 7 | 12 | 15 | 10 | 7 | 20 |
| Income before tax | 8 | 10 | 5 | 10 | 14 | 10 | 7 | 19 |
| Income tax | 0 | 0 | 1 | −5 | 1 | −4 | −1 | −5 |
| Net income | 7 | 8 | 5 | 15 | 14 | 19 | 9 | 24 |
| Diluted EPS | $0.51 | $0.53 | $0.32 | $1.03 | $0.90 | $1.23 | $0.55 | $1.58 |
| EBITDA | 12 | 15 | 11 | 17 | 19 | 15 | 13 | 27 |
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