Filing Flows › Willdan Group (WLDN) › Q2 2026
Willdan Group (WLDN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Willdan Group (WLDN) reported revenue of $231M for the second quarter 2026 (Q2 2026), +33% from a year earlier and +49% from the quarter before. Operating margin was 8.5%, net earnings $24.3M (10.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $231M | +49% | +33% |
| Gross profit | $87.5M | +38% | +28% |
| Operating profit | $19.7M | +171% | +67% |
| Net earnings | $24.3M | +185% | +58% |
| Operating cash flow | $43.9M | — | +73% |
| Free cash flow | $42.2M | — | +82% |
What changed
Revenue was $231.0M in Q2 2026, up 33% year over year and up 49% from the previous quarter. Energy was the largest line at 88% of revenue. Energy added $55.8M year over year (up 38%), 97% of the total change.
Gross margin was 37.9%, down 1.5 points from Q2 2025. Operating profit was $19.7M, a 8.5% margin (up 1.7 points year over year). Of the extra revenue versus Q2 2025, 14% reached operating profit, above the 7% margin then. Operating expenses grew 20% against revenue growth of 33%. Net earnings were $24.3M, up 58% year over year. The effective tax rate was -27.5%.
Operating cash flow was $43.9M (up 73% year over year), 180% of net earnings. Non-cash charges added back $7.0M of depreciation and amortization and $4.8M of share-based compensation. Working capital and other items added $7.8M. Capital expenditures of $1.6M left free cash flow of $42.2M.
Questions
What was Willdan Group's revenue in the second quarter 2026?
Willdan Group (WLDN) reported revenue of $231M for the second quarter 2026 (Q2 2026), +33% from a year earlier and +49% from the quarter before.
Was Willdan Group profitable in the second quarter 2026?
Operating profit was $19.7M (8.5% of revenue) and net earnings $24.3M.
Source: Willdan Group 10-Q on SEC EDGAR.