Willdan Group Reports Strong Q1 2025 Performance

Willdan ( (WLDN) ) has released its Q1 earnings. Here is a breakdown of the information Willdan presented to its investors.

Willdan Group, Inc. is a nationwide provider of professional, technical, and consulting services, primarily serving utilities, government agencies, and private industry with a focus on electric grid solutions, energy efficiency, and municipal financial consulting.

In its latest earnings report, Willdan Group, Inc. announced a robust performance for the first quarter of 2025, showcasing significant growth across key financial metrics. The company reported a 24.4% increase in contract revenue, reaching $152.4 million, and a 59.3% rise in net income to $4.7 million. This performance was bolstered by new contract wins, steady funding in core programs, and strategic acquisitions.

Key highlights from the report include a 23.8% increase in net revenue to $85.3 million and a 30.9% rise in adjusted EBITDA to $14.4 million. The company’s GAAP diluted EPS grew by 52.4% to $0.32, while the adjusted diluted EPS saw a 57.5% increase to $0.63. Willdan attributes its success to the growing demand for electricity, driven by data centers and electrification, which is fueling investments in reliable power and resilient grid infrastructure.

Looking ahead, Willdan has raised its financial targets for the fiscal year 2025, now expecting net revenue between $325 million and $335 million, adjusted EBITDA between $65 million and $68 million, and adjusted diluted EPS between $2.75 and $2.90. The company remains optimistic about its growth trajectory, supported by strategic acquisitions and expanding market opportunities.