Willdan Group, Inc. WLDN
Willdan Group, Inc. ("Willdan") is a provider of professional, technical and consulting services to utilities, private industry, and public agencies at all levels of government. As resource and infrastructure needs undergo continuous change, we help organizations and their communities evolve and thrive by providing a wide range of technical services for energy solutions, greenhouse gas reduction, and government infrastructure needs. Through engineering, program management, policy advisory, and software and data analytics, we plan, design and deliver comprehensive, innovative, cost-effective and proven solutions to improve efficiency, resiliency, and sustainability in energy and infrastructure to our clients.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- Energy
- Engineering and Consulting
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Energy | $576.1M | $473.3M | $427.0M |
| Engineering and Consulting | $105.5M | $92.5M | $83.1M |
As the company reported it, from the “SEGMENT AND GEOGRAPHICAL INFORMATION - Statement of Operations (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $681.6M | $565.8M | $510.1M | $429.1M | $353.8M | $391.0M | $443.1M | $272.3M | $273.4M | $208.9M |
| Cost of revenue | $425.9M | $363.0M | $330.3M | $285.6M | $217.9M | $261.6M | $308.1M | $179.3M | $196.7M | $143.3M |
| Gross profit | $255.7M | $202.8M | $179.8M | $143.6M | $135.9M | $129.4M | $135.0M | $93.0M | $76.7M | $65.7M |
| Total operating expenses | $211.5M | $171.4M | $157.7M | $150.6M | $144.6M | $145.6M | $125.6M | $80.2M | $63.0M | $54.1M |
| Operating income | $44.1M | $31.4M | $22.1M | -$7.1M | -$8.7M | -$16.2M | $9.4M | $12.8M | $13.7M | $11.5M |
| Interest expense | — | — | — | — | $3.9M | $5.1M | $4.9M | $700.0K | $111.0K | $179.0K |
| Pre-tax income | $40.0M | $26.7M | $14.6M | -$11.5M | -$12.4M | -$19.7M | $4.7M | $12.2M | $13.7M | $11.4M |
| Income tax | $12.6M | $4.1M | $3.7M | $3.0M | $4.0M | $5.2M | $185.0K | $2.1M | $1.6M | $3.1M |
| Net income | $52.6M | $22.6M | $10.9M | -$8.4M | -$8.4M | -$14.5M | $4.8M | $10.0M | $12.1M | $8.3M |
| EPS, basic | 3.63 | 1.63 | 0.82 | -0.65 | -0.68 | -1.23 | 0.43 | 1.08 | 1.42 | 1.01 |
| EPS, diluted | 3.49 | 1.58 | 0.80 | -0.65 | -0.68 | -1.23 | 0.41 | 1.03 | 1.32 | 0.97 |
| Shares, diluted (wtd. avg.) | 15.1M | 14.2M | 13.6M | 13.0M | 12.5M | 11.8M | 11.8M | 9.8M | 9.2M | 8.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $65.9M | $74.2M | $23.4M | $19.5M | $11.2M | $28.4M | $5.5M | $15.3M | $14.4M | $22.7M |
| Receivables | $64.6M | $65.6M | $69.7M | $60.2M | $67.2M | $53.1M | $57.5M | $61.3M | $38.4M | $30.3M |
| Total current assets | $251.7M | $235.5M | $192.0M | $174.0M | $149.0M | $155.9M | $175.5M | $136.1M | $83.2M | $75.2M |
| Property, plant and equipment | — | — | — | — | $16.8M | $12.5M | $12.1M | $8.0M | $5.3M | $4.5M |
| Goodwill | $179.5M | $141.0M | $131.1M | $130.1M | $130.1M | $130.1M | $127.6M | $97.7M | $38.2M | $21.9M |
| Other intangibles | $35.5M | $29.4M | $32.0M | $41.5M | $52.7M | $64.3M | $76.8M | $44.4M | $10.7M | $5.9M |
| Total assets | $544.2M | $464.9M | $415.6M | $409.7M | $394.4M | $403.0M | $439.9M | $300.9M | $138.2M | $108.3M |
| Accounts payable | $45.6M | $33.8M | $33.2M | $28.8M | $36.7M | $41.4M | $34.0M | $36.8M | $20.8M | $17.4M |
| Short-term debt | $2.5M | $10.1M | $8.5M | $16.9M | $15.0M | — | — | — | — | — |
| Total current liabilities | $161.8M | $137.7M | $114.7M | $127.2M | $117.2M | $116.7M | $132.0M | $91.3M | $56.4M | $51.1M |
| Long-term debt | $46.0M | $79.3M | $89.0M | $90.5M | $85.5M | $113.2M | $130.4M | $70.8M | — | — |
| Total liabilities | $239.4M | $230.5M | $215.7M | $228.2M | $215.2M | $233.9M | $272.6M | $156.6M | $67.5M | $58.4M |
| Retained earnings | $89.7M | $37.1M | $14.6M | $3.7M | $12.1M | $20.5M | $35.0M | $30.2M | $19.6M | $7.5M |
| Total equity | $304.9M | $234.3M | $199.8M | $181.5M | $179.2M | $169.2M | $167.3M | $144.3M | $70.7M | $49.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $80.1M | $72.1M | $39.2M | $9.4M | $9.8M | $47.0M | $11.6M | $7.6M | $11.1M | $21.6M |
| Depreciation and amortisation | $18.7M | $14.7M | $16.4M | $17.5M | $17.1M | $18.7M | $15.5M | $6.2M | $4.1M | $3.2M |
| Stock-based compensation | $11.8M | $7.4M | $5.3M | $8.4M | $16.6M | $16.1M | $12.1M | $6.3M | $2.8M | $1.2M |
| Capital expenditure | $9.4M | $8.4M | $9.9M | $9.6M | $8.5M | $5.1M | $6.6M | $2.1M | $2.2M | $1.7M |
| Investing cash flow | -$45.6M | -$15.7M | -$11.5M | -$9.5M | -$8.5M | -$5.1M | -$78.3M | -$126.4M | -$16.8M | -$10.5M |
| Financing cash flow | -$42.7M | -$5.6M | -$23.8M | $8.4M | -$18.5M | -$19.0M | $56.9M | $119.7M | -$2.5M | -$4.9M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-048621.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $208.9M | $273.4M | $272.3M | $443.1M | $391.0M | $353.8M | $429.1M | $510.1M | $565.8M | $681.6M |
| Gross profit | $65.7M | $76.7M | $93.0M | $135.0M | $129.4M | $135.9M | $143.6M | $179.8M | $202.8M | $255.7M |
| Net income | $8.3M | $12.1M | $10.0M | $4.8M | -$14.5M | -$8.4M | -$8.4M | $10.9M | $22.6M | $52.6M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Results announced Item 2.02
- Officer or director change Item 5.02
- Shareholder vote Item 5.07
- Results announced Item 2.02
- Annual report filed Form 10-K
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 8711
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|---|---|---|---|---|
| TTEK | TETRA TECH INC | $9.47B | 39.8x | 4.7% |
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| VSEC | VSE CORP | $3.99B | 258.5x | 41.5% |
| MG | Mistras Group, Inc. | $685.7M | 40.6x | -0.8% |
| ACFN | ACORN ENERGY, INC. | $43.3M | 17.4x | 4.5% |
| OFAL | OFA Group | $8.6M | — | 254.9% |
| JLHL | Julong Holding Ltd | — | — | — |
| STN | STANTEC INC | — | — | — |