Exponent, Inc. (EXPO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 166.3M | 147.43M | 147.12M | 141.96M | 145.51M | 136.77M | 136.28M | 140.54M | 137.21M | 122.9M | 124.96M | 129.65M | 128.71M | 112.59M | 115.14M | 118.22M | 117.87M | 104.34M | 108.47M | 112.47M |
| Revenue Growth % | 14.29% | 7.79% | 7.95% | 1.01% | 6.05% | 11.28% | 9.06% | 8.39% | 6.61% | 9.16% | 8.53% | 9.67% | 9.19% | 7.91% | 6.15% | 5.11% | 7.57% | 7.2% | 16.01% | 28% |
| Cost of Goods Sold | 118.72M | 111.57M | 110.43M | 118.64M | 8.07M | 103.77M | 11.97M | 98.75M | 90.33M | 98.56M | 74.01M | 82.84M | 84.18M | 74.25M | 62.78M | 58.45M | 68.76M | 67.56M | 64.14M | 71.81M |
| COGS % of Revenue | 71.39% | 75.68% | 75.06% | 83.57% | 5.55% | 75.87% | 8.79% | 70.27% | 65.83% | 80.2% | 59.23% | 63.89% | 65.41% | 65.95% | 54.52% | 49.44% | 58.33% | 64.75% | 59.13% | 63.85% |
| Gross Profit | 47.58M | 35.85M | 36.69M | 23.32M | 137.44M | 32.99M | 124.3M | 41.78M | 46.88M | 24.34M | 50.95M | 46.82M | 44.52M | 38.34M | 52.36M | 59.77M | 49.11M | 36.78M | 44.33M | 40.65M |
| Gross Margin % | 28.61% | 24.32% | 24.94% | 16.43% | 94.45% | 24.13% | 91.21% | 29.73% | 34.17% | 19.8% | 40.77% | 36.11% | 34.59% | 34.05% | 45.48% | 50.56% | 41.67% | 35.25% | 40.87% | 36.15% |
| Gross Profit Growth % | -65.38% | 8.67% | -70.48% | -44.18% | 193.17% | 35.58% | 143.98% | -10.75% | 5.29% | -36.52% | -2.7% | -21.67% | -9.34% | 4.23% | 18.13% | 47.03% | 40.16% | 22.9% | 45.14% | 123.77% |
| Operating Expenses | 6.2M | 6.71M | 7.65M | 6.14M | 93M | 5.74M | 98.46M | 6.04M | 16.17M | 5.94M | 17.02M | 16.94M | 15.4M | 16.3M | 15.55M | 14.49M | 12.4M | 13.4M | 12.21M | 11.28M |
| OpEx % of Revenue | 3.73% | 4.55% | 5.2% | 4.33% | 63.92% | 4.2% | 72.25% | 4.3% | 11.78% | 4.83% | 13.62% | 13.07% | 11.97% | 14.48% | 13.51% | 12.26% | 10.52% | 12.85% | 11.26% | 10.03% |
| Selling, General & Admin | 6.2M | 6.71M | 7.65M | 6.14M | 5.01M | 5.74M | 5.31M | 6.04M | 8.42M | 84.8M | 8.75M | 9.32M | 8.28M | 9.34M | 8.88M | 7.97M | 6.44M | 7.26M | 6.14M | 5.14M |
| SG&A % of Revenue | 3.73% | 4.55% | 5.2% | 4.33% | 3.44% | 4.2% | 3.9% | 4.3% | 6.14% | 69% | 7% | 7.19% | 6.43% | 8.29% | 7.71% | 6.74% | 5.46% | 6.96% | 5.66% | 4.57% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 1000K | 0 | 1000K | 0 | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 41.38M | 29.14M | 29.04M | 17.18M | 44.43M | 27.25M | 25.85M | 35.74M | 30.71M | 18.39M | 33.93M | 29.88M | 29.12M | 22.04M | 36.81M | 45.28M | 36.72M | 23.38M | 32.12M | 29.37M |
| Operating Margin % | 24.88% | 19.77% | 19.74% | 12.1% | 30.54% | 19.93% | 18.97% | 25.43% | 22.38% | 14.97% | 27.16% | 23.04% | 22.63% | 19.57% | 31.97% | 38.3% | 31.15% | 22.41% | 29.61% | 26.12% |
| Operating Income Growth % | -6.87% | 6.92% | 12.35% | -51.94% | 44.67% | 48.16% | -23.83% | 19.65% | 5.47% | -16.52% | -7.82% | -34.02% | -20.69% | -5.74% | 14.61% | 54.15% | 52.62% | 31.83% | 57.39% | 222.06% |
| EBITDA | 43.89M | 31.68M | 31.57M | 19.7M | 46.92M | 29.74M | 28.24M | 38.23M | 33.04M | 20.77M | 36.29M | 32.06M | 31.11M | 23.89M | 38.54M | 47.09M | 38.41M | 24.92M | 33.76M | 31.01M |
| EBITDA Margin % | 26.39% | 21.49% | 21.46% | 13.87% | 32.25% | 21.75% | 20.72% | 27.2% | 24.08% | 16.9% | 29.04% | 24.73% | 24.17% | 21.22% | 33.47% | 39.83% | 32.58% | 23.89% | 31.13% | 27.58% |
| EBITDA Growth % | -6.46% | 6.51% | 11.81% | -48.48% | 42.03% | 43.17% | -22.2% | 19.24% | 6.2% | -13.04% | -5.82% | -31.91% | -19% | -4.14% | 14.13% | 51.83% | 49.36% | 28.27% | 52.81% | 186.61% |
| D&A (Non-Cash Add-back) | 2.52M | 2.54M | 2.53M | 2.52M | 2.49M | 2.49M | 2.39M | 2.49M | 2.32M | 2.38M | 2.36M | 2.19M | 1.99M | 1.85M | 1.72M | 1.81M | 1.69M | 1.54M | 1.65M | 1.64M |
| EBIT | 42.34M | 34.1M | 38.62M | 36.81M | 37.76M | 31.33M | 35.94M | 39.68M | 40.42M | 30.09M | 34.02M | 36.25M | 35.54M | 30.52M | 33.48M | 35.43M | 32.81M | 28.66M | 32.39M | 34.67M |
| Net Interest Income | 1.72M | 1.94M | 2.31M | 2.34M | 2.71M | 2.58M | 2.56M | 2.23M | 2.63M | 1.93M | 1.86M | 1.59M | 1.77M | 1.26M | 638K | 175K | 21K | 12K | 13K | 12K |
| Interest Income | 1.72M | 1.94M | 2.31M | 2.34M | 2.71M | 2.58M | 2.56M | 2.23M | 2.63M | 1.93M | 1.86M | 1.59M | 1.77M | 1.26M | 638K | 175K | 21K | 12K | 13K | 12K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 960K | 4.96M | 9.58M | 19.64M | -6.67M | 4.08M | 10.09M | 3.94M | 9.71M | 11.69M | 84K | 6.38M | 6.42M | 8.48M | -3.34M | -9.85M | -3.91M | 5.28M | 270K | 5.29M |
| Pretax Income | 42.34M | 34.1M | 38.62M | 36.81M | 37.76M | 31.33M | 35.94M | 39.68M | 40.42M | 30.09M | 34.02M | 36.25M | 35.54M | 30.52M | 33.48M | 35.43M | 32.81M | 28.66M | 32.39M | 34.67M |
| Pretax Margin % | 25.46% | 23.13% | 26.25% | 25.93% | 25.95% | 22.91% | 26.37% | 28.24% | 29.46% | 24.48% | 27.22% | 27.96% | 27.61% | 27.11% | 29.07% | 29.97% | 27.83% | 27.46% | 29.86% | 30.82% |
| Income Tax | 12.77M | 9.34M | 10.57M | 10.26M | 11.11M | 7.74M | 9.89M | 10.46M | 10.28M | 9.16M | 9.48M | 10.51M | 6.41M | 8M | 9.03M | 9.68M | 3.2M | 8.28M | 7.82M | 9.27M |
| Effective Tax Rate % | 30.16% | 27.39% | 27.38% | 27.87% | 29.42% | 24.7% | 27.53% | 26.35% | 25.43% | 30.44% | 27.87% | 28.98% | 18.05% | 26.2% | 26.99% | 27.31% | 9.75% | 28.88% | 24.13% | 26.73% |
| Net Income | 29.57M | 24.76M | 28.04M | 26.55M | 26.65M | 23.59M | 26.04M | 29.23M | 30.14M | 20.93M | 24.54M | 25.75M | 29.12M | 22.52M | 24.44M | 25.75M | 29.61M | 20.38M | 24.57M | 25.4M |
| Net Margin % | 17.78% | 16.8% | 19.06% | 18.7% | 18.32% | 17.25% | 19.11% | 20.8% | 21.97% | 17.03% | 19.64% | 19.86% | 22.63% | 20.01% | 21.23% | 21.79% | 25.12% | 19.53% | 22.66% | 22.58% |
| Net Income Growth % | 10.95% | 4.97% | 7.68% | -9.15% | -11.59% | 12.71% | 6.14% | 13.51% | 3.5% | -7.08% | 0.39% | -0.03% | -1.64% | 10.52% | -0.54% | 1.4% | -4.02% | -6.69% | 35.89% | 55.39% |
| Net Income (Continuing) | 29.57M | 24.76M | 28.04M | 26.55M | 26.65M | 23.59M | 26.04M | 29.23M | 30.14M | 20.93M | 24.54M | 25.75M | 29.12M | 22.52M | 24.44M | 25.75M | 29.61M | 20.38M | 24.57M | 25.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.59 | 0.49 | 0.55 | 0.52 | 0.52 | 0.46 | 0.50 | 0.57 | 0.59 | 0.41 | 0.48 | 0.50 | 0.56 | 0.44 | 0.47 | 0.49 | 0.56 | 0.38 | 0.46 | 0.48 |
| EPS Growth % | 13.46% | 6.52% | 10% | -8.77% | -11.86% | 12.2% | 4.17% | 14% | 5.36% | -6.82% | 2.13% | 2.04% | 0% | 15.79% | 2.17% | 2.08% | -3.45% | -7.32% | 35.29% | 54.84% |
| EPS (Basic) | 0.59 | 0.49 | 0.55 | 0.52 | 0.52 | 0.46 | 0.51 | 0.57 | 0.59 | 0.41 | 0.48 | 0.50 | 0.57 | 0.44 | 0.47 | 0.50 | 0.56 | 0.39 | 0.47 | 0.48 |
| Diluted Shares Outstanding | 50.12M | 50.6M | 51.45M | 51.59M | 51.65M | 51.65M | 51.62M | 51.52M | 51.42M | 51.45M | 51.65M | 51.69M | 51.68M | 51.65M | 52.01M | 52.39M | 53.04M | 53.36M | 53.31M | 53.28M |
| Basic Shares Outstanding | 49.79M | 50.28M | 51.11M | 51.23M | 51.28M | 51.22M | 51.18M | 51.11M | 51.01M | 51.02M | 51.2M | 51.26M | 51.13M | 51.1M | 51.49M | 51.89M | 52.42M | 52.65M | 52.62M | 52.64M |
| Dividend Payout Ratio | 56.08% | 60.12% | 53.74% | 57.3% | 61.41% | 60.31% | 54.57% | 48.56% | 51.7% | 62.83% | 53.7% | 51.33% | 49.79% | 53.96% | 50.02% | 47.93% | 42.26% | 51.14% | 42.41% | 41.02% |