Key Highlights

  • Second-quarter net income was $24.3 million, or $1.58 per share.
  • Adjusted earnings were $2.07 per share.
  • Full-year EPS guidance is $5.00–$5.15.
  • Full-year revenue guidance is $415–$430 million.

Willdan Group, Inc. (NASDAQ:WLDN), an engineering and energy-efficiency consulting firm, reported second-quarter 2026 results in August that exceeded analyst estimates. The company is often discussed in connection with energy infrastructure and data-center related demand.

Latest Company Context

Willdan reported second-quarter net income of $24.3 million, or $1.58 per share, with adjusted earnings of $2.07 per share. Revenue was reported as $231 million. Adjusted revenue was listed at $117.2 million, and the difference from reported revenue is not explained; the distinction between gross contract revenue and revenue net of subcontractor costs may be relevant. Results beat expectations on earnings per share. Full-year guidance is EPS of $5.00 to $5.15 and revenue of $415 million to $430 million, which appears to reflect a net-revenue measure.

Key Business Drivers

Willdan's results depend on utilities, public agencies and commercial clients that fund energy efficiency, grid and infrastructure projects. Backlog conversion, project timing and subcontractor mix influence reported revenue and margins. Management guidance suggests continued earnings growth over 2026. Acquisitions and public-sector budgets could also affect results.

What Investors Should Watch

Investors may watch the third-quarter 2026 report, likely in early November based on past patterns, including whether net revenue tracks toward the $415 million to $430 million range, whether EPS guidance is maintained or raised, and any commentary on backlog, margins and acquisitions. Analyst estimates may change after each update and are opinions only.

An Earnings Beat With Two Revenue Measures to Keep Straight

Willdan beat expectations on earnings per share, and its 2026 guidance suggests continued earnings growth. The gap between reported revenue and adjusted revenue reflects gross versus net-of-subcontractor measures.