Filing Flows › Willdan Group (WLDN) › Q3 2026
Willdan Group (WLDN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Willdan Group (WLDN) reported revenue of $215M for the third quarter 2026 (Q3 2026), +18% from a year earlier and -7% from the quarter before. Operating margin was 7.6%, net earnings $11.9M (5.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $215M | -7% | +18% |
| Gross profit | $82.5M | -6% | +23% |
| Operating profit | $16.3M | -17% | +10% |
| Net earnings | $11.9M | -51% | -14% |
| Operating cash flow | $13.4M | -69% | +10% |
| Free cash flow | $11.9M | -72% | +22% |
What changed
Revenue was $214.5M in Q3 2026, up 18% year over year and down 7% from the previous quarter. Energy was the largest line at 86% of revenue. Energy added $30.1M year over year (up 19%), 92% of the total change.
Gross margin was 38.4%, up 1.6 points from Q3 2025. Operating profit was $16.3M, a 7.6% margin (down 0.6 points year over year). Of the extra revenue versus Q3 2025, 4% reached operating profit, below the 8% margin then. Operating expenses grew 27% against revenue growth of 18%. Net earnings were $11.9M, down 14% year over year. The effective tax rate was 23.0%.
Operating cash flow was $13.4M (up 10% year over year), 113% of net earnings. Non-cash charges added back $5.8M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $9.2M. Capital expenditures of $1.5M left free cash flow of $11.9M.
Questions
What was Willdan Group's revenue in the third quarter 2026?
Willdan Group (WLDN) reported revenue of $215M for the third quarter 2026 (Q3 2026), +18% from a year earlier and -7% from the quarter before.
Was Willdan Group profitable in the third quarter 2026?
Operating profit was $16.3M (7.6% of revenue) and net earnings $11.9M.
Source: Willdan Group 10-Q on SEC EDGAR.