Filing Flows

Filing Flows › Willdan Group (WLDN) › How it makes money

How Willdan Group (WLDN) makes money

Willdan Group (WLDN) made $215M of revenue in the third quarter 2026 (Q3 2026), +18% from a year earlier. Energy brought in $185M (86%); Engineering and Consulting brought in $29.7M (14%). Of every dollar of revenue, 38¢ was left as gross profit, 8¢ was left as operating profit, 6¢ was left as net earnings.

Drawing the Sankey…

Willdan Group revenue by segment, Q3 2026Willdan Group revenue by segment, Q3 2026Energy$185MEngineering and Consulting$29.7M
Willdan Group: revenue by line, Q1 2025 to Q3 2026Willdan Group: revenue by line, Q1 2025 to Q3 2026EnergyEngineering and Consu…Energy: $185M latest$185MEngineering and Consulting: $29.7M latest$29.7MQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Energy went from 83% of revenue in Q1 2025 to 86% in Q3 2026, the largest shift in the mix.
Willdan Group revenue by quarterWilldan Group revenue by quarter$152MQ1 2025$173MQ2 2025$182MQ3 2025$174MQ4 2025$155MQ1 2026$231MQ2 2026$215MQ3 2026
Willdan Group: where each dollar of revenue goesWilldan Group: where each dollar of revenue goesCost of revenue62¢Gross profit38¢Operating expenses31¢Operating profit8¢Income tax2¢Net earnings6¢Operating cash flow6¢Free cash flow6¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Energy$185M86.1%-9%+19%
Engineering and Consulting$29.7M13.9%+5%+9%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$215M100.0%
Cost of revenue$132M61.6%
Gross profit$82.5M38.4%
Operating expenses$66.1M30.8%
Operating profit$16.3M7.6%
Income tax$3.5M1.6%
Net earnings$11.9M5.5%
Operating cash flow$13.4M6.3%
Free cash flow$11.9M5.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$215M+18%
Q2 2026$231M+33%
Q1 2026$155M+2%
Q4 2025$174M+21%
Q3 2025$182M+15%
Q2 2025$173M+23%
Q1 2025$152M+24%

From Willdan Group's 10-Q filed Nov 6, 2026 (on EDGAR).

Questions

How does Willdan Group make money?

Willdan Group (WLDN) made $215M of revenue in the third quarter 2026 (Q3 2026), +18% from a year earlier. Energy brought in $185M (86%); Engineering and Consulting brought in $29.7M (14%). Of every dollar of revenue, 38¢ was left as gross profit, 8¢ was left as operating profit, 6¢ was left as net earnings.

What is Willdan Group's biggest business?

Energy: $185M in the third quarter 2026, 86% of revenue, +19% from a year earlier.

What is Willdan Group's profit margin?

Net earnings were $11.9M, 5.5% of revenue, in the third quarter 2026; the operating margin was 7.6%.

Open the interactive view →

Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.