The earnings call reflected a balanced view with strong demand in certain sectors and successful recruitment efforts countered by declines in net income, utilization, and specific segment revenues.

Company Guidance

During Exponent's Second Quarter 2025 Earnings Conference Call, the company provided guidance indicating that revenues before reimbursements are expected to grow in the low single digits for the full year, with EBITDA projected to be between 26.5% to 27% of revenues before reimbursements. The company reported that total revenues increased by 1% to $142 million in Q2 2025, while net revenues remained flat at $132.9 million compared to the same period in 2024. Net income for the quarter decreased to $26.6 million or $0.52 per diluted share. The average number of technical full-time equivalent employees was down 2% year-over-year, though headcount is expected to increase by 4% by year-end. For the third quarter of 2025, Exponent anticipates revenues before reimbursements to rise in the mid-single digits and EBITDA margins to range from 26.75% to 27.75%. The company plans to maintain strategic recruitment efforts to support these growth targets and expects utilization to stabilize at approximately 72% for the full year.

Resilience in Demand for Failure Analysis

Despite flat overall revenues, demand for failure analysis expertise drove growth in dispute-related activities, particularly in construction, automotive, and medical device sectors.

Headcount Growth and Recruitment Success

Exponent narrowed the headcount gap from a 5-6% deficit at the beginning of the year to 2% by the end of the second quarter, expecting further increases in the third and fourth quarters.

Strong Litigation-Related Activity

Litigation-related activities grew by 7%, showing consistent strength in dispute services, particularly in automotive and construction sectors.

Strategic Expansion in Key Areas

Exponent is actively engaged in early-stage initiatives tied to transformative innovations, including distributed energy systems and large-scale battery storage, presenting significant long-term growth opportunities.

Exponent (EXPO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

EXPO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.51 / -	0.5	―	―	―
Jul 31, 2025	2025 (Q2)	0.49 / 0.52	0.57	-8.77% (-0.05)	―
May 01, 2025	2025 (Q1)	0.48 / 0.52	0.59	-11.86% (-0.07)	―
Feb 06, 2025	2024 (Q4)	0.40 / 0.46	0.41	12.20% (+0.05)	―
Oct 24, 2024	2024 (Q3)	0.48 / 0.50	0.48	4.17% (+0.02)	―
Jul 25, 2024	2024 (Q2)	0.51 / 0.57	0.5	14.00% (+0.07)	―
Apr 25, 2024	2024 (Q1)	0.47 / 0.59	0.56	5.36% (+0.03)	―
Feb 01, 2024	2023 (Q4)	0.44 / 0.41	0.44	-6.82% (-0.03)	―
Oct 26, 2023	2023 (Q3)	0.48 / 0.48	0.47	2.13% (+0.01)	―
Jul 27, 2023	2023 (Q2)	0.51 / 0.50	0.49	2.04% (+0.01)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

EXPO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$68.96	$68.33	-0.91%
May 01, 2025	$77.52	$76.48	-1.34%
Feb 06, 2025	$89.15	$90.22	+1.20%
Oct 24, 2024	$105.26	$95.91	-8.88%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Exponent (EXPO) report earnings?

Exponent (EXPO) is schdueled to report earning on Oct 23, 2025, After Close (Confirmed).

What is Exponent (EXPO) earnings time?

Exponent (EXPO) earnings time is at Oct 23, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is EXPO EPS forecast?

EXPO EPS forecast for the fiscal quarter 2025 (Q3) is 0.51.

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