Filing Flows › Willdan Group (WLDN) › Q2 2026 › vs Q2 2025
Willdan Group (WLDN) Q2 2026 vs Q2 2025 (year over year)
Willdan Group's revenue rose $57.6M (+33%) from $173M in Q2 2025 to $231M in Q2 2026. The biggest changes: Energy +$55.8M (+38%); Engineering and Consulting +$1.7M (+6%). Gross margin 37.9% against 39.4% (-1.5 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 37.9% | 39.4% | -1.5 pts |
| Operating margin | 8.5% | 6.8% | +1.7 pts |
| Net margin | 10.5% | 8.9% | +1.6 pts |
| Free cash flow margin | 18.3% | 13.4% | +4.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Energy | $203M | $147M | $55.8M | +38% |
| Engineering and Consulting | $28.4M | $26.7M | $1.7M | +6% |
| Revenue | $231M | $173M | $57.6M | +33% |
| Gross profit | $87.5M | $68.3M | $19.1M | +28% |
| Cost of revenue | $144M | $105M | $38.4M | +37% |
| Operating profit | $19.7M | $11.8M | $7.9M | +67% |
| Operating expenses | $67.7M | $56.5M | $11.2M | +20% |
| Pre-tax earnings | $19.1M | $10.2M | $8.9M | +87% |
| Income tax benefit | $5.3M | $5.3M | $3K | +0.1% |
| Net earnings | $24.3M | $15.4M | $8.9M | +58% |
| Depreciation & amortization | $7.0M | $5.5M | $1.5M | +27% |
| Share-based compensation | $4.8M | $3.2M | $1.6M | +51% |
| Working capital & other | $7.8M | $1.3M | $6.5M | +501% |
| Operating cash flow | $43.9M | $25.4M | $18.5M | +73% |
| Free cash flow (OCF − capex) | $42.2M | $23.2M | $19.0M | +82% |
| Capital expenditures | $1.6M | $2.2M | −$560K | -25% |
Questions
How much did Willdan Group's revenue grow year over year in Q2 2026?
Willdan Group's revenue rose $57.6M (+33%) from $173M in Q2 2025 to $231M in Q2 2026.
What drove Willdan Group's revenue change in Q2 2026?
Energy +$55.8M (+38%); Engineering and Consulting +$1.7M (+6%).