Willdan Group reported strong second quarter 2026 results, significantly exceeding analyst expectations on both the top and bottom lines. The performance was driven by robust demand for energy solutions and grid reliability services, resulting in 18% organic net revenue growth and substantial margin expansion from operating leverage.
Key Highlights
- Net revenue reached $117.2 million, surpassing the estimate of $102.3 million and growing 23.5% year-over-year.
- Adjusted Diluted EPS of $2.07 beat the expected $1.30 by approximately 59%, supported by favorable business mix.
- Management raised fiscal year 2026 financial targets, increasing the Adjusted Diluted EPS guidance range to $5.00–$5.15 from the prior $4.90–$5.05.
- Adjusted EBITDA grew 50.6% to $33.0 million, reflecting higher utilization and the successful integration of recent acquisitions.