Exponent Q1 revenue rises, net income up

Exponent

30/04/2026 21:40

Overview

US engineering consultancy's fiscal Q1 revenue rose 14% yr/yr

Net income and EPS increased from prior-year quarter

Company added $50 mln to stock repurchase program

Outlook

Exponent sees Q2 revenues before reimbursements growing in the high-single digits

Company expects Q2 EBITDA to be 27.0% to 27.8% of revenues before reimbursements

Result Drivers

AI AND TECHNOLOGY INTEGRATION - Co said demand for user research studies from consumer electronics clients integrating AI drove growth

RISK MANAGEMENT SERVICES - Co cited increased risk management work for utility clients evaluating asset performance under extreme weather conditions

REACTIVE ENGAGEMENTS - Increased dispute-related and failure analysis demand in construction, energy, and medical devices contributed to results

Company press release: ID:nGNX95sfZz

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$0.59
Q1 Net Income
$29.60 mln
Q1 EBITDA
$43.13 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 $87.50, about 32.2% above its April 29 closing price of $66.18

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 31 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)