---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-004740"
form_type: "8-K"
ticker: "EXPO"
cik: "0000851520"
company_name: "EXPONENT INC"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T01:40:43.788192+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Exponent Q2 rev before reimb +9.7% to $129.7M, EPS $0.50; FY guidance maintained

## Summary
- Total revenues $140.2M (+7.6% YoY); revenues before reimbursements $129.7M (+9.7% YoY).
- Net income $25.7M ($0.50 diluted EPS) vs $25.8M ($0.49) in Q2 2022; tax rate 29.0%.
- EBITDA margin fell to 28.4% of rev before reimb from 31.4% YoY; headcount up 15%.
- Engineering & sci segment rev before reimb +10% YoY; environmental & health +10% YoY.
- Board declared $0.26/share quarterly dividend, payable Sept 22, record Sept 8.

## SEC filing metadata
- accession: 0001171843-23-004740
- form_type: 8-K
- ticker: EXPO
- cik: 0000851520
- company_name: EXPONENT INC
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/851520/000117184323004740/0001171843-23-004740-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/851520/000117184323004740/f8k_072723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-004740
- JSON: https://secwatch.observer/filing/0001171843-23-004740.json
- Plain text: https://secwatch.observer/filing/0001171843-23-004740.txt

## Key facts
- Earnings Releases
  EXPONENT INC reported second quarter ended June 30, 2023 results: revenue $140.2 million, net income $25.7 million, EPS $0.50 per diluted share. Guidance reaffirmed.
  - Period: second quarter ended June 30, 2023
  - Revenue: $140.2 million
  - Net income: $25.7 million
  - EPS: $0.50 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Total revenues and revenues before reimbursements for the second quarter of 2023 increased 7.6% to $140.2 million and 9.7% to $129.7 million as compared to $130.3 million and $118.2 million in the second quarter of 2022, respectively. Net income was $25.7 million, or $0.50 per diluted share, in the second quarter of 2023, as compared to $25.8 million, or $0.49 per diluted share, in the same period of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/851520/000117184323004740/0001171843-23-004740-index.htm
- Earnings Releases
  EXPONENT INC reported first half of 2023 results: revenue $280.5 million, net income $54.9 million, EPS $1.06 per diluted share. Guidance reaffirmed.
  - Period: first half of 2023
  - Revenue: $280.5 million
  - Net income: $54.9 million
  - EPS: $1.06 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Total revenues and revenues before reimbursements for the first half of 2023 increased 8.4% to $280.5 million and 9.4% to $258.4 million, respectively, as compared to $258.8 million and $236.1 million in the same period one year ago. Net income was $54.9 million, or $1.06 per diluted share, in the first half of 2023, as compared to $55.4 million, or $1.05 per diluted share, in the same period of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/851520/000117184323004740/0001171843-23-004740-index.htm

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