Filing Flows › Willdan Group (WLDN) › Q3 2026 › vs Q2 2026
Willdan Group (WLDN) Q3 2026 vs Q2 2026 (quarter over quarter)
Willdan Group's revenue fell $16.5M (-7%) from $231M in Q2 2026 to $215M in Q3 2026. The biggest changes: Energy −$17.8M (-9%); Engineering and Consulting +$1.3M (+5%). Gross margin 38.4% against 37.9% (+0.6 pts).
Willdan Group, Q3 2026: revenue $215M (+18% year over year), operating margin 7.6%, net earnings $11.9M, operating cash flow $13.4M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 38.4% | 37.9% | +0.6 pts |
| Operating margin | 7.6% | 8.5% | -0.9 pts |
| Net margin | 5.5% | 10.5% | -5.0 pts |
| Free cash flow margin | 5.6% | 18.3% | -12.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Energy | $185M | $203M | −$17.8M | -9% |
| Engineering and Consulting | $29.7M | $28.4M | $1.3M | +5% |
| Revenue | $215M | $231M | −$16.5M | -7% |
| Gross profit | $82.5M | $87.5M | −$5.0M | -6% |
| Cost of revenue | $132M | $144M | −$11.5M | -8% |
| Operating profit | $16.3M | $19.7M | −$3.4M | -17% |
| Operating expenses | $66.1M | $67.7M | −$1.6M | -2% |
| Pre-tax earnings | $15.4M | $19.1M | −$3.7M | -19% |
| Other expense, net | $905K | $647K | $258K | +40% |
| Net earnings | $11.9M | $24.3M | −$12.5M | -51% |
| Income tax | $3.5M | −$5.3M | $8.8M | — |
| Depreciation & amortization | $5.8M | $7.0M | −$1.2M | -17% |
| Share-based compensation | $5.0M | $4.8M | $161K | +3% |
| Working capital & other | $9.2M | −$7.8M | $16.9M | — |
| Operating cash flow | $13.4M | $43.9M | −$30.4M | -69% |
| Free cash flow (OCF − capex) | $11.9M | $42.2M | −$30.3M | -72% |
| Capital expenditures | $1.5M | $1.6M | −$129K | -8% |
Questions
How much did Willdan Group's revenue grow quarter over quarter in Q3 2026?
Willdan Group's revenue fell $16.5M (-7%) from $231M in Q2 2026 to $215M in Q3 2026.
What drove Willdan Group's revenue change in Q3 2026?
Energy −$17.8M (-9%); Engineering and Consulting +$1.3M (+5%).