Exponent Q1 net income falls to $26.7 million as revenue holds at $145.5 million
Exponent reported first-quarter 2025 revenue of $145.5 million, roughly flat from a year earlier, but net income fell to $26.7 million, or $0.52 per diluted share, from $30.1 million, or $0.59, a year earlier. The company kept its full-year 2025 guidance but expects second-quarter revenues before reimbursements to fall in the low-single digits, and it declared a $0.30 quarterly dividend.
Key points
- Q1 2025 revenues before reimbursements were $137.4 million, compared with $137.2 million in Q1 2024
- Net income was $26.7 million, or $0.52 per diluted share, versus $30.1 million, or $0.59, a year earlier; EBITDA fell to $37.5 million from $40.1 million
- For Q2 2025, the company expects revenues before reimbursements to decline in the low-single digits, and full-year 2025 revenues before reimbursements to grow in the low-single digits
- Board declared a quarterly cash dividend of $0.30 per share, payable June 20, 2025 to holders of record as of June 6, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2025.
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