Willdan Q2 revenue +33% to $231M, net income +58% to $24.3M; Burton & Compass acquisitions

Filed August 7, 2026 · Period ending July 3, 2026 · Compared to 10-Q Aug 8, 2025 · ~2 min read

Key Changes

• high

  Q2 FY2026 revenue grew 33.2% YoY to $231.0M and net income rose 57.7% to $24.3M ($1.58 diluted EPS, +53.4%), driven by Energy segment growth and the Burton acquisition (closed May 2026). Operating income climbed 67% to $19.7M.

  MD&A: Q2 Financial Results verify on EDGAR →
• high

  Burton Energy Group (acquired May 2026 for up to $74M) and Compass Municipal Advisors (acquired January 2026 for up to $4.5M) contributed incremental revenue in Q2. Total contingent earnout obligations across four deals now stand at $22.8M.

  Notes: Acquisitions verify on EDGAR →
• high

  Q2 gross margin compressed 150 bps to 37.9% from 39.4% YoY, attributed to revenue mix changes including the addition of Burton's construction-management-heavy business with higher subcontractor costs.

  MD&A: Gross Margin verify on EDGAR →