EXPO · Exponent Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $166.30M | $147.12M | $141.96M | $145.51M | $136.28M | $140.54M | $144.93M | - | $133.34M | $140.22M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $6.20M | $7.65M | $6.14M | $5.01M | $5.31M | $6.04M | $5.64M | - | $6.02M | $6.64M |
| Total Operating Expenses | $124.92M | $118.08M | $124.78M | $101.08M | $110.43M | $104.79M | $114.22M | - | $99.40M | $110.35M |
| D&A | $2.52M | $2.53M | $2.52M | $2.49M | $2.39M | $2.49M | $2.32M | - | $2.36M | $2.19M |
| Operating Income | $41.38M | $29.04M | $17.18M | $44.43M | $25.85M | $35.74M | $30.71M | - | $33.93M | $29.88M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $12.77M | $10.57M | $10.26M | $11.11M | $9.89M | $10.46M | $10.28M | - | $9.48M | $10.51M |
| Net Income | $29.57M | $28.04M | $26.55M | $26.65M | $26.04M | $29.23M | $30.14M | - | $24.54M | $25.75M |
| EPS - Basic | $0.59 | $0.55 | $0.52 | $0.52 | $0.51 | $0.57 | $0.59 | - | $0.48 | $0.50 |
| EPS - Diluted | $0.59 | $0.55 | $0.52 | $0.52 | $0.50 | $0.57 | $0.59 | - | $0.48 | $0.50 |
Balance Sheet
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $118.55M | $207.38M | $231.80M | $245.11M | $219.71M | $203.26M | $168.66M | $187.15M | $137.10M | $148.17M |
| Accounts Receivable | $197.34M | $182.00M | $171.01M | $166.79M | $168.62M | $165.87M | $162.88M | $167.36M | $181.75M | $175.83M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $6.87M | - | - | $5.27M | - | - | - | $4.49M | - | - |
| Current Assets | $340.89M | $416.79M | $425.65M | $432.80M | $412.58M | $391.33M | $352.32M | $379.53M | $343.32M | $344.63M |
| Total Assets | $687.38M | $761.45M | $759.43M | $763.24M | $744.07M | $709.18M | $629.40M | $646.78M | $602.46M | $604.28M |
| Current Liabilities | $142.20M | $154.77M | $134.97M | $130.27M | $137.74M | $131.82M | $114.13M | $161.91M | $129.66M | $124.54M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $349.04M | $358.59M | $331.65M | $321.83M | $333.79M | $315.96M | $255.09M | $290.69M | $248.83M | $247.21M |
| Stockholders' Equity | $338.34M | $402.86M | $427.78M | $441.41M | $410.27M | $393.21M | $374.31M | $356.08M | $353.63M | $357.08M |
| Retained Earnings | $682.01M | $658.79M | $646.04M | $635.02M | $614.99M | $603.37M | $588.57M | $574.08M | $566.52M | $555.35M |
Cash Flow
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($975.0K) | - | - | $7.27M | - | - | $10.43M | - | - | - |
| Investing Cash Flow | ($2.45M) | - | - | ($1.75M) | - | - | ($1.48M) | - | - | - |
| Financing Cash Flow | ($99.68M) | - | - | ($20.05M) | - | - | ($27.23M) | - | - | - |
| CapEx | $2.45M | - | - | $1.75M | - | - | $1.48M | - | - | - |
| Free Cash Flow | ($3.43M) | - | - | $5.52M | - | - | $8.95M | - | - | - |
Ratios
| Metric | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 24.9% | 19.7% | 12.1% | 30.5% | 19.0% | 25.4% | 21.2% | - | 25.4% | 21.3% |
| EBITDA margin | 26.4% | 21.5% | 13.9% | 32.2% | 20.7% | 27.2% | 22.8% | - | 27.2% | 22.9% |
| Net margin | 17.8% | 19.1% | 18.7% | 18.3% | 19.1% | 20.8% | 20.8% | - | 18.4% | 18.4% |
| Free cash flow margin | -2.1% | - | - | 3.8% | - | - | 6.2% | - | - | - |
| FCF / Net income | -0.12 | - | - | 0.21 | - | - | 0.30 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 3.7% | 5.2% | 4.3% | 3.4% | 3.9% | 4.3% | 3.9% | - | 4.5% | 4.7% |
| Effective tax rate | 30.2% | 27.4% | 27.9% | 29.4% | 27.5% | 26.3% | 25.4% | - | 27.9% | 29.0% |
| Return on assets | 4.3% | 3.7% | 3.5% | 3.5% | 3.5% | 4.1% | 4.8% | - | 4.1% | 4.3% |
| Return on equity | 8.7% | 7.0% | 6.2% | 6.0% | 6.3% | 7.4% | 8.1% | - | 6.9% | 7.2% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.40 | 2.69 | 3.15 | 3.32 | 3.00 | 2.97 | 3.09 | 2.34 | 2.65 | 2.77 |
| Quick ratio | 2.40 | 2.69 | 3.15 | 3.32 | 3.00 | 2.97 | 3.09 | 2.34 | 2.65 | 2.77 |
| Cash ratio | 0.83 | 1.34 | 1.72 | 1.88 | 1.60 | 1.54 | 1.48 | 1.16 | 1.06 | 1.19 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.03 | 1.89 | 1.78 | 1.73 | 1.81 | 1.80 | 1.68 | 1.82 | 1.70 | 1.69 |
| Liabilities / Assets | 0.51 | 0.47 | 0.44 | 0.42 | 0.45 | 0.45 | 0.41 | 0.45 | 0.41 | 0.41 |
| Efficiency | ||||||||||
| Asset turnover | 0.24 | 0.19 | 0.19 | 0.19 | 0.18 | 0.20 | 0.23 | - | 0.22 | 0.23 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 433d | 452d | 440d | 418d | 452d | 431d | 410d | - | 498d | 458d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 112.8x | 122.0x | 148.3x | 148.2x | 226.5x | 166.9x | 140.2x | - | 178.3x | 186.6x |
| P / B | 9.9x | 8.5x | 9.3x | 9.0x | 14.2x | 12.5x | 11.4x | - | 12.5x | 13.5x |
| P / S | 20.1x | 23.3x | 28.0x | 27.4x | 42.9x | 34.9x | 29.3x | - | 33.2x | 34.4x |
| EV / EBITDA | 73.3x | 102.2x | 189.8x | 79.6x | 199.3x | 122.9x | 123.6x | - | 118.0x | 145.8x |
| Growth | ||||||||||
| Revenue growth (YoY) | 14.3% | 8.0% | 1.0% | 0.4% | 2.2% | 0.2% | 3.3% | - | 4.8% | 7.6% |
| Revenue CAGR (3y) | 5.8% | 5.0% | 2.9% | 4.2% | 5.4% | 5.4% | 7.6% | - | 10.6% | 15.1% |
| Revenue CAGR (5y) | 7.4% | 8.3% | 9.1% | 6.6% | 7.4% | 5.7% | 7.9% | - | 6.9% | 8.0% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -6.9% | 12.3% | -51.9% | 44.7% | -23.8% | 19.6% | 5.5% | - | -7.8% | -34.0% |
| Net income growth (YoY) | 11.0% | 7.7% | -9.1% | -11.6% | 6.1% | 13.5% | 3.5% | - | 0.4% | -0.0% |
| EPS growth (YoY) | 13.5% | 10.0% | -8.8% | -11.9% | 4.2% | 14.0% | 5.4% | - | 2.1% | 2.0% |
| EPS CAGR (3y) | 1.8% | 5.4% | 2.0% | -3.6% | 2.8% | 5.9% | 0.6% | - | 12.2% | 17.3% |
| EPS CAGR (5y) | 0.3% | 10.1% | 10.9% | 1.2% | 6.8% | 7.9% | 7.0% | - | 8.4% | 8.0% |
| FCF growth (YoY) | - | - | - | -38.3% | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -23.4% | -1.8% | 8.8% | 17.9% | 16.0% | 10.1% | 9.5% | 11.0% | 10.6% | 5.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-02.
Business segments
$582.01M totalEngineering And Other Scientific$493.89M · 84.9%
Environmental And Health$88.12M · 15.1%
Geographic
$582.01M totalUS$520.59M · 89.4%
Non Us$61.42M · 10.6%
Peer comparison
Same SIC group: Services-Management Consulting Services
Comparing EXPONENT INC against the 5 most active filers in the same SIC group.
Dividends
$1.21/share trailing 12 months · +6.1% YoY
| Ex-date | Per share |
|---|---|
| Mar 6, 2026 | $0.3100 |
| Dec 5, 2025 | $0.3000 |
| Sep 5, 2025 | $0.3000 |
| Jun 6, 2025 | $0.3000 |
| Mar 7, 2025 | $0.3000 |
| Dec 6, 2024 | $0.2800 |
| Sep 6, 2024 | $0.2800 |
| Jun 7, 2024 | $0.2800 |
| Mar 7, 2024 | $0.2800 |
| Dec 7, 2023 | $0.2600 |
| Sep 7, 2023 | $0.2600 |
| Jun 8, 2023 | $0.2600 |
| Mar 9, 2023 | $0.2600 |
| Dec 8, 2022 | $0.2400 |
| Sep 8, 2022 | $0.2400 |
| Jun 9, 2022 | $0.2400 |
| Mar 10, 2022 | $0.2400 |
| Dec 2, 2021 | $0.2000 |
| Sep 9, 2021 | $0.2000 |
| Jun 10, 2021 | $0.2000 |
| Mar 11, 2021 | $0.2000 |
| Dec 3, 2020 | $0.1900 |
| Sep 10, 2020 | $0.1900 |
| Jun 11, 2020 | $0.1900 |