WLDN · Willdan Group, 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 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $155.11M | $182.01M | $173.47M | $152.39M | - | $158.25M | $141.00M | $122.49M | - | $132.74M |
| Cost of Revenue | $91.96M | $114.92M | $105.15M | $94.72M | - | $106.65M | $92.19M | $75.07M | - | $89.31M |
| Gross Profit | $63.16M | $67.09M | $68.33M | $57.66M | - | $51.60M | $48.80M | $41.28M | - | $43.43M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $55.86M | $52.23M | $56.51M | $50.63M | - | $42.93M | $42.36M | $42.06M | - | $39.59M |
| D&A | $5.45M | $3.91M | $5.50M | $4.44M | - | $3.72M | $3.63M | $3.59M | - | $4.19M |
| Operating Income | $7.29M | $14.86M | $11.82M | $7.04M | - | $8.67M | $6.45M | $5.36M | - | $3.84M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($1.28M) | $569.0K | ($5.25M) | $506.0K | - | $157.0K | $720.0K | $986.0K | - | $713.0K |
| Net Income | $8.53M | $13.72M | $15.44M | $4.69M | - | $7.35M | $4.59M | $2.94M | - | $1.57M |
| EPS - Basic | $0.58 | $0.94 | $1.07 | $0.33 | - | $0.53 | $0.33 | $0.22 | - | $0.12 |
| EPS - Diluted | $0.55 | $0.90 | $1.03 | $0.32 | - | $0.51 | $0.33 | $0.21 | - | $0.11 |
Balance Sheet
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $28.28M | $33.11M | $32.35M | $38.36M | $74.16M | $53.11M | $44.27M | $46.92M | $23.40M | $12.89M |
| Accounts Receivable | $80.77M | $66.74M | $55.42M | $59.69M | $65.56M | $63.11M | $61.98M | $50.79M | $69.68M | $66.34M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $42.15M | $50.10M | $42.45M | $41.63M | $33.77M | $38.01M | $31.92M | $34.52M | $33.19M | $32.76M |
| Current Assets | $220.35M | $229.12M | $205.82M | $197.00M | $235.52M | $228.14M | $200.45M | $186.54M | $192.02M | $164.51M |
| Total Assets | $511.68M | $507.93M | $484.85M | $471.16M | $464.86M | $447.25M | $421.29M | $407.90M | $415.59M | $401.62M |
| Current Liabilities | $131.46M | $155.31M | $143.51M | $122.21M | $137.68M | $128.55M | $110.83M | $104.07M | $114.68M | $107.82M |
| Long-term Debt | $45.35M | $46.57M | $57.18M | $84.44M | $79.35M | $81.76M | $84.16M | $86.57M | $88.98M | $91.39M |
| Total Liabilities | $201.34M | $224.83M | $218.92M | $225.64M | $230.52M | $223.29M | $208.28M | $202.38M | $215.74M | $210.55M |
| Stockholders' Equity | $310.35M | $283.09M | $265.94M | $245.52M | $234.34M | $223.96M | $213.00M | $205.51M | $199.84M | $191.07M |
| Retained Earnings | $98.23M | $70.99M | $57.27M | $41.83M | $37.15M | $29.46M | $22.11M | $17.52M | $14.58M | $6.55M |
Cash Flow
| Line item | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($24.36M) | - | - | $3.31M | - | - | - | $26.95M | - | - |
| Investing Cash Flow | ($2.58M) | - | - | ($34.76M) | - | - | - | ($1.95M) | - | - |
| Financing Cash Flow | ($5.41M) | - | - | ($4.34M) | - | - | - | ($1.47M) | - | - |
| CapEx | $2.02M | - | - | $2.31M | - | - | - | $1.97M | - | - |
| Free Cash Flow | ($26.39M) | - | - | $1.00M | - | - | - | $24.98M | - | - |
Ratios
| Metric | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 40.7% | 36.9% | 39.4% | 37.8% | - | 32.6% | 34.6% | 33.7% | - | 32.7% |
| Operating margin | 4.7% | 8.2% | 6.8% | 4.6% | - | 5.5% | 4.6% | 4.4% | - | 2.9% |
| EBITDA margin | 8.2% | 10.3% | 10.0% | 7.5% | - | 7.8% | 7.1% | 7.3% | - | 6.0% |
| Net margin | 5.5% | 7.5% | 8.9% | 3.1% | - | 4.6% | 3.3% | 2.4% | - | 1.2% |
| Free cash flow margin | -17.0% | - | - | 0.7% | - | - | - | 20.4% | - | - |
| FCF / Net income | -3.09 | - | - | 0.21 | - | - | - | 8.49 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | -17.6% | 4.0% | -51.6% | 9.7% | - | 2.1% | 13.5% | 25.1% | - | 31.3% |
| Return on assets | 1.7% | 2.7% | 3.2% | 1.0% | - | 1.6% | 1.1% | 0.7% | - | 0.4% |
| Return on equity | 2.7% | 4.8% | 5.8% | 1.9% | - | 3.3% | 2.2% | 1.4% | - | 0.8% |
| Return on invested capital | 2.1% | 4.3% | 3.7% | 1.9% | - | 2.8% | 1.9% | 1.4% | - | 0.9% |
| Liquidity | ||||||||||
| Current ratio | 1.68 | 1.48 | 1.43 | 1.61 | 1.71 | 1.77 | 1.81 | 1.79 | 1.67 | 1.53 |
| Quick ratio | 1.68 | 1.48 | 1.43 | 1.61 | 1.71 | 1.77 | 1.81 | 1.79 | 1.67 | 1.53 |
| Cash ratio | 0.22 | 0.21 | 0.23 | 0.31 | 0.54 | 0.41 | 0.40 | 0.45 | 0.20 | 0.12 |
| Leverage | ||||||||||
| Debt / Equity | 0.15 | 0.16 | 0.22 | 0.34 | 0.34 | 0.37 | 0.40 | 0.42 | 0.45 | 0.48 |
| Debt / Assets | 0.09 | 0.09 | 0.12 | 0.18 | 0.17 | 0.18 | 0.20 | 0.21 | 0.21 | 0.23 |
| Debt / EBITDA | 3.56 | 2.48 | 3.30 | 7.36 | - | 6.60 | 8.35 | 9.67 | - | 11.38 |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.65 | 1.79 | 1.82 | 1.92 | 1.98 | 2.00 | 1.98 | 1.98 | 2.08 | 2.10 |
| Liabilities / Assets | 0.39 | 0.44 | 0.45 | 0.48 | 0.50 | 0.50 | 0.49 | 0.50 | 0.52 | 0.52 |
| Efficiency | ||||||||||
| Asset turnover | 0.30 | 0.36 | 0.36 | 0.32 | - | 0.35 | 0.33 | 0.30 | - | 0.33 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 190d | 134d | 117d | 143d | - | 146d | 160d | 151d | - | 182d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 167d | 159d | 147d | 160d | - | 130d | 126d | 168d | - | 134d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 146.1x | 101.3x | 70.2x | 120.9x | - | 80.2x | 87.4x | 138.0x | - | 185.7x |
| P / B | 4.0x | 4.9x | 4.1x | 2.3x | - | 2.6x | 1.9x | 2.0x | - | 1.5x |
| P / S | 8.0x | 7.6x | 6.2x | 3.7x | - | 3.7x | 2.9x | 3.3x | - | 2.1x |
| EV / EBITDA | 98.4x | 74.7x | 63.7x | 53.3x | - | 49.7x | 44.3x | 49.5x | - | 44.7x |
| Growth | ||||||||||
| Revenue growth (YoY) | 1.8% | 15.0% | 23.0% | 24.4% | - | 19.2% | 18.4% | 19.4% | - | 9.3% |
| Revenue CAGR (3y) | 14.8% | 14.5% | 19.1% | 18.4% | - | 17.2% | 18.8% | 15.7% | - | 8.3% |
| Revenue CAGR (5y) | 14.4% | 11.7% | 15.7% | 7.5% | - | 6.1% | 6.2% | 5.9% | - | 13.2% |
| Gross profit growth (YoY) | 9.5% | 30.0% | 40.0% | 39.7% | - | 18.8% | 20.1% | 0.0% | - | 15.7% |
| Operating income growth (YoY) | 3.6% | 71.3% | 83.3% | 31.2% | - | 126.1% | 160.6% | 33.6% | - | - |
| Net income growth (YoY) | 82.0% | 86.8% | 236.0% | 59.3% | - | 369.1% | 1057.2% | 215.7% | - | 86.4% |
| EPS growth (YoY) | 71.9% | 76.5% | 212.1% | 52.4% | - | 363.6% | 1000.0% | 200.0% | - | 1000.0% |
| EPS CAGR (3y) | 98.8% | 348.1% | - | - | - | 104.1% | - | - | - | -19.4% |
| EPS CAGR (5y) | - | 33.8% | - | - | - | 66.4% | 18.7% | - | - | -20.7% |
| FCF growth (YoY) | - | - | - | -96.0% | - | - | - | 80.9% | - | - |
| FCF CAGR (5y) | - | - | - | -41.2% | - | - | - | 23.9% | - | - |
| Book value growth (YoY) | 26.4% | 26.4% | 24.8% | 19.5% | 17.3% | 17.2% | 14.0% | 10.9% | 10.1% | 6.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-02.
Business segments
$681.55M totalEnergy$576.05M · 84.5%
Engineering Consulting Services$105.50M · 15.5%
Geographic
$576.05M totalUS$576.05M · 100.0%
Peer comparison
Same SIC group: Services-Engineering Services
Comparing Willdan Group against the 5 most active filers in the same SIC group.