EXPO · NASDAQ · Engineering & Construction

Exponent (EXPO)

Engineering and scientific consulting for product safety, failures, disputes, health, and environmental risk.

$66.22
After hours−0.06 (−0.09%)
At close$66.28(−1.25%)
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Exponent, Inc.EXPO
Industrials

Provides project-based engineering and scientific consulting across failure investigation, product development and testing, infrastructure, environmental risk, health, and chemical regulation. Professional fees from multidisciplinary engagements drive revenue, while demand depends on client project timing, litigation and regulation, and access to specialized technical staff.

Provides project-based engineering and scientific consulting through Engineering and Other Scientific and Environmental and Health. Work spans biomechanics, civil and construction, data and electrical systems, materials and mechanical engineering, vehicle testing, chemical regulation and food safety, ecology, and human-health risk.

Multidisciplinary teams investigate accidents and product failures, test designs, assess safety and reliability, support product development and regulatory submissions, and supply technical analysis for disputes. Revenue comes mainly from professional fees, with equipment use and reimbursed outside expenses contributing less. Operations are centered in the United States, with offices in Europe and Asia.

Demand depends on engagement timing, litigation and regulatory activity, and retaining specialized staff; engagements are project-based and client-terminable, leaving little backlog.

Company facts

CEOCatherine Ford Corrigan
ListedAug 17, 1990
ExchangeNASDAQ
HeadquartersMenlo Park, CA
CountryUnited States
Employees1,212
CIK0000851520
ISINUS30214U1025

Market cap$3.26B
EPS (ttm)$2.23
P/E (ttm)30.10
ROE31.5%
P/B11.28
P/S5.15
Dividend yieldDiv yield1.83%
Beta0.46vs XLI 0.07

Price target$72.00+8.8%Average of 8 analysts
ConsensusBuy6 of 8 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 31, 2026UBSReiterate
Rating: Target: $75
Rating: NeutralTarget: $72
Jun 2, 2026UBSTarget
Target: $85
Target: $75
Feb 9, 2026UBSTarget
Target: $81
Target: $85
Dec 15, 2025UBSReiterate
Rating: Target: $88
Rating: NeutralTarget: $81
Nov 17, 2025William BlairUpgrade
Rating: Market Perform
Rating: Outperform

Next report
Oct 29, 26
in 37 days
EPS estimate
$0.60
Revenue estimate
$149.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$0.46$0.52$0.52$0.55$0.49$0.59$0.60Pending
Estimate$0.40$0.48$0.48$0.50$0.47$0.56$0.55$0.60
Surprise+15.0%+8.3%+8.3%+10.0%+4.3%+5.4%+9.3%

RevenueReportedEstimate

Feb '25May '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$136.8M$145.5M$142.0M$147.1M$129.4M$151.8M$148.9MPending
Estimate$119.6M$134.6M$132.1M$128.5M$128.1M$149.5M$145.0M$149.6M
Surprise+14.4%+8.1%+7.5%+14.5%+1.0%+1.5%+2.7%
Estimate$0.60
ReportedDue Oct 29, 2026
Estimate$149.6M
ReportedDue Oct 29, 2026
View details

Debt to equity28.00%
Current ratio197.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$136.3M$136.8M$145.5M$142.0M$147.1M$147.4M$166.3M$171.6M
Net income$26.0M$23.6M$26.7M$26.6M$28.0M$24.8M$29.6M$29.4M
Net margin19.1%17.2%18.3%18.7%19.1%16.8%17.8%17.1%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$25.8M$27.3M$44.4M$17.2M$29.0M$29.1M$41.4M$28.0M
YoY growth−23.8%+48.2%+44.7%−51.9%+12.3%+6.9%−6.9%+63.1%

Balance sheet, Jul 3, 2026Cash & short-term investments $66.6M · Total debt $80.7M · Total assets $652.7M · Shareholders' equity $288.6M

Revenue
$171.6M
Operating income
$28.0M
Net income
$29.4M
View details

Dividend yield
1.83%
Next ex-date
Dec 4, 26
estimated · in 73 days
Annual dividend
$1.23
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.28$0.30$0.30$0.30$0.30$0.31$0.31$0.31
Annual yield1.17%1.33%1.50%1.65%1.64%1.68%2.04%1.80%
Ex-dateDec 6Mar 7Jun 6Sep 5Dec 5Mar 6Jun 5Sep 4
Payment dateDec 20Mar 21Jun 20Sep 19Dec 19Mar 20Jun 18Sep 18
View details

Institutions96.97%47.04M shares
345 holders · as of Jun 30, 2026
Insiders1.29%624.2K shares
13 holders · as of Sep 22, 2026
Other1.74%843.8K shares
remainder

48.51M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
12.75%6.18Mas of Jun 30, 2026
Kayne Anderson Rudnick Investment Management LLCInstitution
8.24%4.00Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
6.48%3.14Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.49%2.18Mas of Jun 30, 2026
State Street CorpInstitution
4.01%1.94Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 18, 2026Shukri Jeries Souriofficer: Group Vice President+184$68.45
Aug 17, 2026Catherine Corrigandirector, officer: Chief Executive Officer−1,707$66.28
Jul 15, 2026Catherine Corrigandirector, officer: Chief Executive Officer−1,737$62.78
Jun 15, 2026Catherine Corrigandirector, officer: President & CEO−4,119$57.13
May 26, 2026Bradley A. Jamesofficer: Group Vice President−2,000$57.47
View details

  • Tetra Tech

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  • AECOM

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  • Jacobs Solutions

    Infrastructure, environmental, water, and life-science consulting peer

  • Stantec

    Sustainable engineering and environmental consulting competitor

  • ICF

    Energy, environment, disaster recovery, and health consulting overlap

  • FTI Consulting

    Forensic, litigation, investigations, and expert-consulting overlap

CompareAfter hours

CompanyPriceChange
Exponent$66.22−0.09%$3.26B30.127.25.1+4.9%
Tetra Tech$35.460.00%$9.33B21.721.01.8−19.0%
AECOM$62.35+0.15%$8.09B28.910.10.5−61.5%
Jacobs Solutions$143.12−0.01%$16.98B50.417.81.2−20.2%
Stantec$71.07−0.08%$8.07B22.421.41.4−13.1%
ICF$83.58−0.04%$1.52B17.411.30.8−0.4%
FTI Consulting$134.70+0.07%$3.89B17.413.01.0+5.3%
Median22.015.41.1−16.0%