Skip to content
MARKETS / NASDAQ / EXPO
NASDAQ · SERVICES-MANAGEMENT CONSULTING SERVICES · LARGE CAP

Exponent Inc. EXPO

17 fiscal years on record · USD · FY2025 reported · SEC filings only
9 YEARS OF DIVIDEND GROWTH
$582.0M
▲ 4.2% YoY
$106.0M
▼ 2.7% YoY
$122.3M
▼ 11.1% YoY
In brief

What this company does

Exponent provides science and engineering consulting services to address complex problems, drawing on an interdisciplinary team of scientists, physicians, engineers and business consultants working across more than 90 technical disciplines. It operates 17 practices organized into two reportable operating segments, Engineering and Other Scientific and Environmental and Health. As of January 2, 2026, it employed 1,212 full-time, part-time and intermittent employees, including 949 engineering and scientific staff, 62 technical support staff and 201 administrative and support staff. Its staff includes 922 employees with advanced degrees, of which 731 have achieved doctorate degrees. During 2025, it provided services representing approximately 21%, 20%, 16% and 11% of revenues to clients in the consumer products industry, energy and utilities industries, transportation industry and chemical industry, respectively. The history of Exponent, Inc. goes back to 1967, with the founding of the partnership Failure Analysis Associates, which was incorporated the following year in California and reincorporated in Delaware as Failure Analysis Associates, Inc. in 1988, and The Failure Group, Inc. was organized in 1989 as a holding company for Failure Analysis Associates, Inc. before changing its name to Exponent, Inc. in 1998.

Written from the business description in EXPONENT INC's annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.

Growth
USD 582.0M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 582.0 · Net income 106.0
200M400M200920112013201520172019202120232025
Compound annual growth
+4.3%
+7.8%
+6.4%
+5.8%
+1.2%
+5.1%
+9.3%
+9.4%
+1.8%
+6.0%
+7.7%
+9.6%
−8.4%
+14.6%
+15.0%
+22.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +7.8% a year over five years — but profit grew slower: net income at +5.1%, earnings per share at +6.0%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
18 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 20.6% · Net 18.2%
10%20%200920112013201520172019202120232025
ROE
FY2025 · ROE 26.1%
10%20%200920112013201520172019202120232025

Each USD of equity produced 26 cents of profit this year.

Cash & shareholders
USD 157.5M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 122.3
50M100M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 60.4 · Net buybacks 97.1
80M160MDividendsNet buybacks200920112013201520172019202120232025
Dividends paidUSD 60.4M
Net buybacksUSD 97.1M
Share of profit148.6%
Consecutive raises9 years (since the 2016 share-count change)

USD 60.4M in dividends and USD 97.1M in buybacks — 149% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 777.5M
EquityUSD 390.3M
CashUSD 221.9M
Current ratio2.40×

Equity funds 50% of total assets.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.60.60.50.50.50.40.40.40.30.30.30.30.30.30.30.20.2
Operating income $B0.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.00.0
EBITDA $B·················
Income tax $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Net income $B0.10.10.10.10.10.10.10.10.00.00.00.00.00.00.00.00.0
Free cash flow $B0.10.10.10.10.10.10.10.10.10.10.10.00.10.00.00.00.0
EPS, diluted $2.072.111.941.961.901.551.531.330.770.871.601.471.382.602.221.831.47
Dividend / sh $1.201.121.040.960.800.760.640.520.420.360.600.500.300.00···
Payout %5752544843484138534036322100··
ROE %26.128.129.627.726.023.224.824.014.717.717.217.017.118.517.616.514.7

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 66 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 10 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Management Consulting Services
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsJanuary 1
Data on record since2009

Share this section

Download image