Exponent Inc
NASDAQ:EXPO

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Exponent Inc
NASDAQ:EXPO
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Price: 71.33 USD 0.58% Market Closed
Market Cap: 3.6B USD

Exponent Inc
Investor Relations

In the world of engineering and scientific consulting, Exponent Inc. has carved out a reputation for providing critical insights across a wide array of industries. Founded in 1967, the company has become a beacon for addressing complex technical issues and solving challenging problems. Exponent operates through its network of highly specialized professionals, including engineers, scientists, and other technical experts who bring their expertise to bear on some of the most intricate challenges facing industries today. The company's work often involves providing consultancy on failure analysis, regulatory compliance, and risk management, which are essential services for the automotive, energy, electronics, and healthcare sectors, among others.

Exponent's business model revolves around building a deep, intrinsic value through its specialized services — leveraging human intellect to guide companies in decision-making, problem-solving, and navigating regulations. This focus on intellectual capital allows Exponent to charge premium fees for their services, serving clients that require the highest level of scientific and engineering rigor to solve pressing problems or to prevent them. The firm's ability to deploy teams globally ensures it's on the pulse of cutting-edge developments and can deliver insights where and when they are most needed. By marrying science with business acumen, Exponent maintains a steady flow of revenue through both project consulting and expert witness services in litigation, further solidifying its role as an indispensably strategic partner for Fortune 500 companies and leading global enterprises.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 30, 2025
AI Summary
Q3 2025

Revenue Growth: Exponent delivered double-digit net revenue growth in Q3 2025, with net revenues up 10% year-over-year to $137.1 million.

Profit & Margins: Net income rose to $28 million ($0.55 per share), and EBITDA grew 9% to $38.8 million, though EBITDA margin dipped slightly due to one-time meeting expenses.

Guidance & Outlook: Management maintained revenue guidance and raised margin expectations for full-year 2025, despite a Q4 headwind from fewer workdays.

Business Drivers: Strong demand in dispute-related (reactive) work across energy, transportation, life sciences, and construction; proactive work steady, but consumer electronics showing improving trends.

AI & Innovation: Artificial intelligence is increasingly integrated across projects and industries, driving both reactive and proactive engagements.

Stock Buyback: Board approved a $100 million increase in the share buyback program, reflecting confidence in long-term growth.

Hiring & Talent: Headcount grew 3% in Q3; management targets 4–6% growth for 2026 as demand remains strong, especially in digital health and automation.

Key Financials
Total Revenue
$147.1 million
Net Revenues (Revenue Before Reimbursements)
$137.1 million
Net Income
$28 million
EPS (Diluted)
$0.55
EBITDA
$38.8 million
EBITDA Margin
28.3% of net revenues
Technical Full-Time Equivalent Employees
976
Utilization (Q3)
74.1%
Realized Rate Increase
6%
Stock-Based Compensation Expense
$5.3 million (Q3 2025)
Other Operating Expenses
$12.7 million (Q3 2025)
G&A Expenses
$7.7 million (Q3 2025)
Interest Income
$2.3 million (Q3 2025)
Capital Expenditures
$2.7 million (Q3 2025)
Tax Rate
27.4% (Q3 2025)
Dividends Distributed
$15.1 million (Q3 2025)
Stock Repurchases
$40 million repurchased at $70.45 average price (Q3 2025)
Earnings Call Recording
Other Earnings Calls

Management

Dr. Catherine Ford Corrigan P.E., Ph.D.
President, CEO & Director
No Bio Available
Mr. Richard L. Schlenker Jr.
Executive VP, CFO & Corporate Secretary
No Bio Available
Dr. Joseph Rakow Ph.D.
Group Vice President
No Bio Available
Dr. Bernard Ross P.E., Ph.D.
Co-Founder, Chairman Emeritus & Principal Engineer
No Bio Available
Mr. Eric R. Anderson
Vice President of Finance & Accounting
No Bio Available
Dr. Subbaiah V. Malladi P.E., Ph.D.
CTO & Principal Engineer
No Bio Available
Ms. Gina Flynn
VP of Legal & General Counsel
No Bio Available
Mr. Brian Kundert
Chief Human Resources Officer
No Bio Available

Contacts

Address
CALIFORNIA
Menlo Park
149 Commonwealth Dr
Contacts
+16503269400.0
www.exponent.com