Willdan Group, Inc. (WLDN) Earnings
Willdan Group, Inc. is expected to report next earnings on August 6, 2026 (in NaN days), with a consensus EPS estimate of $1.22. WLDN has beaten EPS estimates in 11 of its last 12 reported quarters (average surprise +53.3% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $0.81 | $0.91 | +12.3% | $92M | +0.3% |
| Nov 6, 2025 | $0.81 | $1.21 | +49.4% | $182M | +4.3% |
| Aug 7, 2025 | $0.72 | $1.50 | +108.3% | $173M | +7.1% |
| May 8, 2025 | $0.44 | $0.63 | +43.2% | $152M | -4.8% |
| Mar 6, 2025 | $0.57 | $0.75 | +31.6% | $144M | -0.6% |
| Oct 31, 2024 | $0.55 | $0.73 | +32.7% | $158M | +9.1% |
| Aug 1, 2024 | $0.29 | $0.55 | +89.7% | $141M | +121.3% |
| May 2, 2024 | $0.19 | $0.40 | +110.5% | $122M | +94.7% |
| Mar 7, 2024 | $0.35 | $0.80 | +128.6% | $156M | +144.1% |
| Nov 2, 2023 | $0.37 | $0.37 | +0.0% | $133M | +108.1% |
| Aug 3, 2023 | $0.12 | $0.26 | +116.7% | $119M | +116.5% |
| May 4, 2023 | $0.03 | $0.32 | +1166.8% | $103M | +101.1% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Diversification is believed to add long-term stability and higher margins, with commercial revenue becoming 25% of revenue post-Burton. • Burton helps fill in Wildan's presence in all 50 states with permanent offices in 26 states plus Puerto Rico and Canada. • Had solid contract wins like SCE two-year extension, $54M NY project, $27M NY Accelerator Program, $24M Puerto Rico battery project, etc. • Analyzed electricity demand growth driven by data centers, with western US facing generation capacity issues. • Operational strength and Burton acquisition set up for a strong year.
Guidance
• Raised long-term margin goal to expect adjusted EBITDA margin in the high 20s. • Upgraded 2026 full-year financial targets: net revenues expected in the range of $410 to $425 million, adjusted EBITDA in the range of $100 million to $105 million, and adjusted diluted earnings per share between $4.90 and $5.05.
Segment performance
Commercial revenue increased from 7% of business in 2024 to about 25% post-Burton in 2026. In Q1 2026, contract revenue was $155 million (+2% year over year), while net revenue grew 8% to $92 million. Adjusted EBITDA was $18.1 million, a first quarter record, representing 19.6% of net revenue. Gross margin expanded to 40.7%, contributing to the adjusted EBITDA growth.
Risks & headwinds
• No specific detailed risks explicitly discussed in the transcript regarding operational failures or major risks.
Analyst Q&A
Q: What's the reason for the increase in fundamental profitability?
A: Growth and back office cost absorption, energy demand, moving up the value chain, and balanced portfolio with commercial being 25% now.
Q: Update on APG business?
A: APG is performing outstanding, likely to more than double this year with big power blocks for large data centers in the pipeline.
Q: Timing of Los Angeles Water and Power contract?
A: Small contribution in Q1, bigger in the back half of the year with expectations for more opportunities.
Q: Limiter to organic growth?
A: Labor isn't a big constraint at this point, and the pipeline of opportunities is robust.