Willdan Group Reports Third Quarter Results
Business Wire•05/11/2026•16:12 ET
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Key Highlights
- ➤Q3 net revenue $112.2 million, up 18.1% year over year
- ➤Q3 adjusted EBITDA $28.3 million, up 22.4%
- ➤FY2026 net revenue target raised to $435 million-$445 million
- ➤FY2027 preliminary adjusted EBITDA target exceeds $140 million
- ➤Mantis Innovation acquisition closed, expanding energy management services
Expert Statements
Mike Bieber, President and Chief Executive Officer of Willdan Group
“We delivered strong operational performance in the third quarter of 2026”
Mike Bieber, President and Chief Executive Officer of Willdan Group
“Net revenue grew 18% and adjusted EBITDA margin expanded to 25.2% in the quarter.”
Mike Bieber, President and Chief Executive Officer of Willdan Group
“We also closed the Mantis Innovation acquisition, the largest in our history, expanding our energy management services for commercial and industrial customers.”
Mike Bieber, President and Chief Executive Officer of Willdan Group
“Given our strong results and visibility, we are raising our FY2026 targets and are introducing preliminary FY2027 targets in advance of our formal outlook in late February.”
Mike Bieber, President and Chief Executive Officer of Willdan Group
“We are executing well and our markets are strong. Willdan is well positioned to cross the $1 billion revenue threshold and grow adjusted EBITDA by more than 25 percent in FY2027.”
Willdan Group, Inc. (“Willdan”) (Nasdaq: WLDN) today announced its financial results for the third quarter ended October 2, 2026.
The nine months ended fiscal 2026 had one fewer week than the nine months ended fiscal 2025, thus normalized results are also presented.
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