---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-000631"
form_type: "8-K"
ticker: "EXPO"
cik: "0000851520"
company_name: "EXPONENT INC"
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T03:06:35.187621+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Exponent Q4 revenue up 12%, net income $22.5M; raises dividend to $0.26/share

## Summary
- Q4 total revenues $127.4M (+12.2% YoY); revenues before reimbursements $112.6M (+7.9%).
- Q4 diluted EPS $0.44 vs $0.38; FY2022 diluted EPS $1.96 vs $1.90.
- Q1 2023 guidance: rev before reimbursements growth high-single to low-double digits; EBITDA margin 27.5-28.2%.
- Dividend raised from $0.24 to $0.26 per share, payable March 24, record March 10, 2023.
- In FY2022, repaid $155.9M stock, paid $49.2M dividends; cash $161.5M.

## SEC filing metadata
- accession: 0001171843-23-000631
- form_type: 8-K
- ticker: EXPO
- cik: 0000851520
- company_name: EXPONENT INC
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/851520/000117184323000631/0001171843-23-000631-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/851520/000117184323000631/f8k_020223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-000631
- JSON: https://secwatch.observer/filing/0001171843-23-000631.json
- Plain text: https://secwatch.observer/filing/0001171843-23-000631.txt

## Key facts
- Earnings Releases
  EXPONENT INC reported fiscal year 2022 ended December 30, 2022 results: revenue $513.3 million, net income $102.3 million, EPS $1.96 per diluted share.
  - Period: fiscal year 2022 ended December 30, 2022
  - Revenue: $513.3 million
  - Net income: $102.3 million
  - EPS: $1.96 per diluted share
  - Result: reported results
  source text: before reimbursements in the fourth quarter of 2021. Fiscal Year 2022 Financial Results Total revenues and revenues before reimbursements for fiscal year 2022 increased 10.1% to $513.3 million and 6.7% to $463.8 million, respectively, as compared to $466.3 million and $434.9 million in fiscal year 2021. Excluding the impact of foreign exchange, revenues before
  evidence_url: https://www.sec.gov/Archives/edgar/data/851520/000117184323000631/0001171843-23-000631-index.htm
- Earnings Releases
  EXPONENT INC reported the fourth quarter ended December 30, 2022 results: revenue $127.4 million, net income $22.5 million, EPS $0.44 per diluted share.
  - Period: the fourth quarter ended December 30, 2022
  - Revenue: $127.4 million
  - Net income: $22.5 million
  - EPS: $0.44 per diluted share
  - Result: reported results
  source text: for tomorrow,” continued Dr. Corrigan. Fourth Quarter Financial Results Total revenues and revenues before reimbursements for the fourth quarter of 2022 increased 12.2% to $127.4 million and 7.9% to $112.6 million as compared to $113.5 million and $104.3 million in the fourth quarter of 2021, respectively. Excluding the impact of foreign exchange, revenues before
  evidence_url: https://www.sec.gov/Archives/edgar/data/851520/000117184323000631/0001171843-23-000631-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.