WLDN

Willdan Group, Inc.

6 filings tracked

industrialsprofessional servicesSMALL ($300M-2B)

Signal Magnitude Chart

bullish

bearish

neutral

Signal Timeline

bullishMay 8

Net income surged 82% to $8.5 million driven by margin expansion.

earnings beat

80%

bullishMay 8

Gross margins increased by nearly 300 basis points to 40.7%.

margin expansion

70%

bullishMay 8

Acquisition of Burton Energy Group expands high-margin energy consulting capabilities.

acquisition

60%

neutralMay 8

Borrowed $30 million from revolving credit facility to fund Burton acquisition.

capital raise

40%

bullishMay 8

Net income surged 82% to $8.5 million driven by margin expansion.

earnings beat

80%

bullishMay 8

Gross margins increased by nearly 300 basis points to 40.7%.

margin expansion

70%

bullishMay 8

Acquisition of Burton Energy Group expands high-margin energy consulting capabilities.

acquisition

60%

neutralMay 8

Borrowed $30 million from revolving credit facility to fund Burton acquisition.

capital raise

40%

bullishMay 8

Net income surged 82% to $8.5 million driven by margin expansion.

earnings beat

80%

bullishMay 8

Gross margins increased by nearly 300 basis points to 40.7%.

margin expansion

70%

bullishMay 8

Acquisition of Burton Energy Group expands high-margin energy consulting capabilities.

acquisition

60%

neutralMay 8

Borrowed $30 million from revolving credit facility to fund Burton acquisition.

capital raise

40%

bullishMay 8

Net income surged 82% to $8.5 million driven by margin expansion.

earnings beat

80%

bullishMay 8

Gross margins increased by nearly 300 basis points to 40.7%.

margin expansion

70%

bullishMay 8

Acquisition of Burton Energy Group expands high-margin energy consulting capabilities.

acquisition

60%

neutralMay 8

Borrowed $30 million from revolving credit facility to fund Burton acquisition.

capital raise

40%

bullishMay 8

Net income surged 82% to $8.5 million driven by margin expansion.

earnings beat

80%

bullishMay 8

Gross margins increased by nearly 300 basis points to 40.7%.

margin expansion

70%

bullishMay 8

Acquisition of Burton Energy Group expands high-margin energy consulting capabilities.

acquisition

60%

neutralMay 8

Borrowed $30 million from revolving credit facility to fund Burton acquisition.

capital raise

40%

bullishMay 8

Net income surged 82% to $8.5 million driven by margin expansion.

earnings beat

80%

bullishMay 8

Gross margins increased by nearly 300 basis points to 40.7%.

margin expansion

70%

bullishMay 8

Acquisition of Burton Energy Group expands high-margin energy consulting capabilities.

acquisition

60%

neutralMay 8

Borrowed $30 million from revolving credit facility to fund Burton acquisition.

capital raise

40%

Filing History

10-QMay 8, 2026

The Q1 10-Q presents a dichotomy between impressive accounting profitability and deteriorating cash liquidity. On one hand, Willdan has successfully optimized its cost structure and improved its contract mix, leading to a significant jump in diluted EPS to $0.55. The strategic acquisition of Burton Energy Group suggests a clear path toward higher-value consulting services that could decouple the company from low-margin implementation work. However, the sharp decline in cash and cash equivalents from $65.9 million to $33.6 million, coupled with the negative operating cash flow, indicates that the company is paying a high price for its growth. Investors must weigh the potential for double-digit earnings compounding against the risks of extreme customer concentration and the potential for future impairment charges. The overall impact of the filing is a transition toward a more sophisticated service provider, but one that is currently navigating a challenging liquidity environment.