Filing Flows › Willdan Group (WLDN) › Q2 2026 › vs Q1 2026
Willdan Group (WLDN) Q2 2026 vs Q1 2026 (quarter over quarter)
Willdan Group's revenue rose $75.9M (+49%) from $155M in Q1 2026 to $231M in Q2 2026. The biggest changes: Energy +$74.6M (+58%); Engineering and Consulting +$1.3M (+5%). Gross margin 37.9% against 40.7% (-2.9 pts).
Willdan Group, Q2 2026: revenue $231M (+33% year over year), operating margin 8.5%, net earnings $24.3M, operating cash flow $43.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 37.9% | 40.7% | -2.9 pts |
| Operating margin | 8.5% | 4.7% | +3.8 pts |
| Net margin | 10.5% | 5.5% | +5.0 pts |
| Free cash flow margin | 18.3% | -17.0% | +35.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Energy | $203M | $128M | $74.6M | +58% |
| Engineering and Consulting | $28.4M | $27.1M | $1.3M | +5% |
| Revenue | $231M | $155M | $75.9M | +49% |
| Gross profit | $87.5M | $63.2M | $24.3M | +38% |
| Cost of revenue | $144M | $92.0M | $51.6M | +56% |
| Operating profit | $19.7M | $7.3M | $12.4M | +171% |
| Operating expenses | $67.7M | $55.9M | $11.9M | +21% |
| Pre-tax earnings | $19.1M | $7.3M | $11.8M | +163% |
| Income tax benefit | $5.3M | $1.3M | $4.0M | +311% |
| Net earnings | $24.3M | $8.5M | $15.8M | +185% |
| Depreciation & amortization | $7.0M | $5.4M | $1.5M | +28% |
| Share-based compensation | $4.8M | $3.7M | $1.1M | +30% |
| Working capital & other | $7.8M | −$42.0M | $49.8M | — |
| Operating cash flow | $43.9M | −$24.4M | $68.2M | — |
| Free cash flow (OCF − capex) | $42.2M | −$26.4M | $68.6M | — |
| Capital expenditures | $1.6M | $2.0M | −$377K | -19% |
Questions
How much did Willdan Group's revenue grow quarter over quarter in Q2 2026?
Willdan Group's revenue rose $75.9M (+49%) from $155M in Q1 2026 to $231M in Q2 2026.
What drove Willdan Group's revenue change in Q2 2026?
Energy +$74.6M (+58%); Engineering and Consulting +$1.3M (+5%).