Filing Flows › Exponent (EXPO) › Q3 2026
Exponent (EXPO) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Exponent (EXPO) reported revenue of $174M for the third quarter 2026 (Q3 2026), +18% from a year earlier and +1% from the quarter before. Operating margin was 24.1%, net earnings $30.9M (17.8% of revenue).
Exponent, Q3 2026: revenue $174M (+18% year over year), operating margin 24.1%, net earnings $30.9M, operating cash flow $63.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $174M | +1% | +18% |
| Operating profit | $41.9M | +49% | +44% |
| Net earnings | $30.9M | +5% | +10% |
| Operating cash flow | $63.2M | +105% | +94% |
| Free cash flow | $62.1M | +113% | +107% |
What changed
Revenue was $173.7M in Q3 2026, up 18% year over year and up 1% from the previous quarter.
Operating profit was $41.9M, a 24.1% margin (up 4.4 points year over year). Of the extra revenue versus Q3 2025, 48% reached operating profit, above the 20% margin then. Total costs grew 12% against revenue growth of 18%. The fastest-growing cost line was Other operating costs (+13%). Net earnings were $30.9M, up 10% year over year. The effective tax rate was 28.0%.
Operating cash flow was $63.2M (up 94% year over year), 204% of net earnings. Non-cash charges added back $2.7M of depreciation and amortization and $6.7M of share-based compensation. Working capital and other items added $22.9M. Capital expenditures of $1.2M left free cash flow of $62.1M.
Questions
What was Exponent's revenue in the third quarter 2026?
Exponent (EXPO) reported revenue of $174M for the third quarter 2026 (Q3 2026), +18% from a year earlier and +1% from the quarter before.
Was Exponent profitable in the third quarter 2026?
Operating profit was $41.9M (24.1% of revenue) and net earnings $30.9M.
Source: Exponent 10-Q on SEC EDGAR.