Willdan Group reports third quarter net income of $13.7 million on contract revenue of $182.0 million

Willdan Group Inc. reported third quarter 2025 contract revenue of $182.0 million, a 15.0% increase from the same period last year. Net revenue rose 25.5% to $95.0 million, while net income reached $13.7 million, up 86.8%. Adjusted EBITDA increased by 52.5% to $23.1 million. GAAP diluted earnings per share were $0.90, up 76.5%, and adjusted diluted earnings per share were $1.21, up 65.8%. For the first nine months of 2025, contract revenue was $507.9 million, a 20.4% increase, with net revenue at $275.3 million, up 26.8%. Net income for the period was $33.8 million, up 127.4%. The company raised its 2025 financial targets, now expecting net revenue between $360 million and $365 million, adjusted EBITDA between $77 million and $78 million, and adjusted diluted earnings per share between $4.10 and $4.20. Willdan cited increased electricity demand from data centers and electrification as contributing factors to growth. Net debt was reported at $16.0 million in the third quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Willdan Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251106390219) on November 06, 2025, and is solely responsible for the information contained therein.