---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-006473"
form_type: "8-K"
ticker: "EXPO"
cik: "0000851520"
company_name: "EXPONENT INC"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:22:53.342124+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Exponent Q3 revenue before reimbursements $125.0M (+9% YoY); EPS $0.48 flat; full-year guidance reaffirmed

## Summary
- Q3 revenues before reimbursements $125.0M (+9% YoY); net income $24.5M ($0.48 diluted EPS) vs $24.4M ($0.47) prior year.
- Engineering & other scientific segment +8% YoY; environmental & health +13%; consumer electronics softness noted.
- Full-year FY2023 outlook: revenue before reimbursements high-single-digit growth; EBITDA margin 27.4%-27.8%.
- Quarterly dividend $0.26/share declared, payable Dec 22, record Dec 8 (unchanged from prior rate).
- Cash $137.1M at quarter end; $17.0M in share repurchases and $40.9M in dividends paid YTD.

## SEC filing metadata
- accession: 0001171843-23-006473
- form_type: 8-K
- ticker: EXPO
- cik: 0000851520
- company_name: EXPONENT INC
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/851520/000117184323006473/0001171843-23-006473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/851520/000117184323006473/f8k_102623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-006473
- JSON: https://secwatch.observer/filing/0001171843-23-006473.json
- Plain text: https://secwatch.observer/filing/0001171843-23-006473.txt

## Key facts
- Earnings Releases
  EXPONENT INC reported the third quarter ended September 29, 2023 results: revenue Total revenues and revenues before reimbursements for the third quarter of 2023 increased 5% to $133.3 million and 9% to, net income Net income increased to $24.5 million, EPS $0.48 per diluted share. Guidance reaffirmed.
  - Period: the third quarter ended September 29, 2023
  - Revenue: Total revenues and revenues before reimbursements for the third quarter of 2023 increased 5% to $133.3 million and 9% to
  - Net income: Net income increased to $24.5 million
  - EPS: $0.48 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Exponent, Inc. issued a press release announcing its financial results for the third quarter ended September 29, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/851520/000117184323006473/0001171843-23-006473-index.htm

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