Willdan Group, Inc.

Listed Company

WLDNCIK 0001370450NasdaqLarge AcceleratedServices-Engineering ServicesDelawareFY ends Jan 1

Period

FY 2025

Revenue

$681.55M

Net Income

$52.56M

Total Assets

$544.21M

Equity

$304.85M

Shares Out

15.11M

Op. Cash Flow

$80.08M

WLDN$72.69−8.76% · past yearDBEQ Basic

Daily closing prices

Business

Willdan Group, Inc. is a provider of professional, technical and consulting services to utilities, public agencies, and private industry. The company delivers energy efficiency solutions, grid optimization, renewable energy planning, and engineering & consulting services including infrastructure design, building & safety, and financial advisory. Willdan operates through two segments—Energy and Engineering & Consulting—serving investor-owned utilities, municipal utilities, state/local governments, and commercial/industrial clients across multiple U.S. states, DC, Alberta, and Puerto Rico.

Summary from 10-K filed 2026-02-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Contract revenue	682	566	510	429	354
Salaries and wages	109	94	90	83	66
Subcontractor services and other direct costs	317	269	240	203	152
Total direct costs of contract revenue	426	363	330	286	218
Gross profit	256	203	180	144	136
Salaries and wages, payroll taxes and employee benefits	126	105	96	82	74
Facilities and facility related	10	10	10	9	10
Stock-based compensation	12	7	5	8	17
Depreciation and amortization	19	15	16	17	17
Other	46	34	31	34	27
Total general and administrative expenses	212	171	158	151	145
Income (Loss) from operations	44	31	22	−7	−9
Interest expense, net	−6	−8	−9	−5	−4
Other, net	2	3	2	939,000	156,000
Total other expense, net	−4	−5	−7	−4	−4
Income (Loss) before income taxes	40	27	15	−11	−12
Income tax (benefit) expense	−13	4	4	−3	−4
Net income (loss)	53	23	11	−8	−8
Unrealized gain (loss) on derivative contracts, net of tax	44,000	350,000	−664,000	38,000	450,000
Comprehensive income (loss)	53	23	10	−8	−8
Basic (in dollars per share)	3.63	1.63	0.82	−0.65	−0.68
Diluted (in dollars per share)	3.49	1.58	0.8	−0.65	−0.68
Basic (in shares)	14	14	13	13	12
Diluted (in shares)	15	14	14	13	12

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	66	74	23	9	11
Accounts receivable, net of allowance for doubtful accounts of $340 and $1,313 at January 2, 2026 and December 27, 2024, respectively	65	66	70	60	67
Contract assets	107	89	94	83	59
Other receivables	6	2	1	5	6
Prepaid expenses and other current assets	8	5	4	6	5
Total current assets	252	236	192	174	149
Equipment and leasehold improvements, net	31	30	27	23	17
Goodwill	180	141	131	130	130
Right-of-use assets	17	14	12	12	15
Other intangible assets, net	36	29	32	41	—
Other assets	3	2	5	11	14
Deferred income taxes, net	27	13	16	19	17
Total assets	544	465	416	410	394
Accounts payable	46	34	33	29	37
Accrued liabilities	82	63	54	59	36
Contingent consideration payable	4	3	—	4	10
Contract liabilities	22	22	13	13	13
Notes payable	3	10	8	17	15
Finance lease obligations	1	1	1	1	539,000
Lease liability	5	6	5	5	6
Total current liabilities	162	138	115	127	117
Contingent consideration payable, less current portion	17	2	—	—	832,000
Notes payable, less current portion	46	79	89	91	86
Finance lease obligations, less current portion	1	1	1	2	778,000
Lease liability, less current portion	14	10	10	9	11
Other noncurrent liabilities	69,000	462,000	1	259,000	78,000
Total liabilities	239	231	216	228	215
Commitments and contingencies	—	—	—	—	—
Preferred stock, $0.01 par value, 10,000 shares authorized, no shares issued and outstanding	—	—	—	—	—
Common stock, $0.01 par value, 40,000 shares authorized; 14,762 and 14,169 shares issued and outstanding at January 2, 2026 and December 27, 2024, respectively	148,000	142,000	137,000	133,000	128,000
Additional paid-in capital	215	197	186	178	167
Accumulated other comprehensive income (loss)	−270,000	−314,000	−664,000	—	−38,000
Retained earnings	90	37	15	4	12
Total stockholders' equity	305	234	200	182	179
Total liabilities and stockholders' equity	544	465	416	410	394

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net income (loss)	53	23	11	−8	−8
Depreciation and amortization	19	15	16	17	17
Other non-cash items	637,000	−73,000	1	—	—
Deferred income taxes, net	−13	3	3	−2	−3
(Gain) loss on sale/disposal of equipment	−29,000	−15,000	−63,000	−64,000	−24,000
Provision for doubtful accounts	237,000	740,000	825,000	243,000	102,000
Accretion and fair value adjustments of contingent consideration	3	153,000	—	3	2
Accounts receivable	8	5	−10	7	−14
Contract assets	−18	6	−11	−24	3
Other receivables	−4	−1	4	1	138,000
Prepaid expenses and other current assets	−2	−1	3	−1	828,000
Other assets	−739,000	3	6	3	−8
Accounts payable	8	−831,000	4	−8	−5
Accrued liabilities	21	5	5	13	2
Contract liabilities	−4	8	598,000	−914,000	6
Right-of-use assets	124,000	−122,000	995,000	−332,000	−197,000
Net cash (used in) provided by operating activities	80	72	39	9	10
Purchase of equipment, software, and leasehold improvements	−9	−8	−10	−10	−9
Proceeds from sale of equipment	46,000	34,000	68,000	75,000	46,000
Cash paid for acquisitions, net of cash acquired	−36	−7	−2	—	—
Net cash (used in) provided by investing activities	−46	−16	−11	−10	−8
Payments on contingent consideration	—	—	−4	−10	−7
Payment on restricted cash	—	—	−11	—	—
Payments on notes payable	−137,000	−190,000	−2	−2	−2
Payments on debt issuance costs	−332,000	—	−1	−177,000	—
Borrowings under prior term loan and line of credit	—	—	5	—	—
Payments made to retire prior credit agreement	−90	—	−111	—	—
Borrowing to fund new credit agreement	88	—	100	—	—
Principal payments on outstanding debt	−40	−8	−2	−13	−13
Principal payments on finance leases	−1	−1	−1	−1	−545,000
Proceeds from stock option exercise	3	3	182,000	274,000	2
Proceeds from sales of common stock under employee stock purchase plan	3	3	3	3	3
Cash used to pay taxes on stock grants	−5	−1	−205,000	—	—
Net cash (used in) provided by financing activities	−43	−6	−24	8	−19
Net increase (decrease) in cash, cash equivalents and restricted cash	−8	51	4	8	−17
Interest	5	8	10	5	4
Income taxes	2	1	−3	−1	−2
Issuance of common stock related to business acquisitions	6	—	—	—	—
Contingent consideration related to business acquisitions	13	4	—	—	—
Equipment acquired under finance leases	1	2	961,000	2	1

Filings

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Frequently asked questions

What is Willdan Group, Inc.'s CIK number?

Willdan Group, Inc.'s SEC CIK number is 0001370450 (1370450). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Willdan Group, Inc.'s SEC filings?

All of Willdan Group, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Willdan Group, Inc. last report earnings?

Willdan Group, Inc. (WLDN) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-057151). This is Willdan Group, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is Willdan Group, Inc.'s most recent earnings 8-K?

Willdan Group, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001104659-26-057151. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Willdan Group, Inc.'s latest earnings 8-K →
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