Exponent's Q4 revenue rises 7.8%, beats expectations

Exponent

05/02/2026 21:19

Overview

Engineering consultancy's Q4 revenue rose 7.8%, beating analyst expectations

Net income for Q4 increased from the previous year

Company announced an increase in quarterly cash dividend

Outlook

Exponent anticipates Q1 2026 revenues to grow in high-single digits

Company expects Q1 2026 EBITDA to be 27.5% to 28.5% of revenues

Exponent forecasts full-year 2026 revenues to grow in high-single digits

Result Drivers

USER RESEARCH DEMAND - Growth in Q4 driven by increased demand for user research services in consumer electronics sector

RISK MANAGEMENT EXPANSION - Expanded risk management work within utilities contributed to Q4 growth

FAILURE ANALYSIS AND DISPUTES - Growth in reactive engagements led by failure analysis and dispute-related activities across sectors

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$147.40 mln
$130.92 mln (4 Analysts)
Q4 EPS
$0.49
Q4 Net Income
$24.80 mln
Q4 EBITDA
$34.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for Exponent Inc is $85.50, about 22% above its February 4 closing price of $70.09

The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 33 three months ago

Press Release: ID:nGNX8BGLsR

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)