---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-002240"
form_type: "8-K"
ticker: "EXPO"
cik: "0000851520"
company_name: "EXPONENT INC"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:55:14.095432+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Exponent Q1 revs before reimbursements up 6.6% to $137.2M, EPS $0.59, raises FY guidance

## Summary
- Total revenues $144.9M (+3.3% YoY); net income $30.1M ($0.59 diluted EPS) vs $29.1M ($0.56).
- EBITDA margin improved to 29.2% ($40.1M) from 27.8% ($35.8M); utilization 75%.
- Engineering segment (84% of rev) grew 8% in rev before reimbursements; environmental/health (16%) grew 1%.
- Q2 2024 guidance: rev before reimbursements flat to low-single-digit growth; EBITDA margin 27.25%-28.25%.
- FY2024 guidance raised: low-single-digit revenue growth, EBITDA margin 26.25%-27.0% (increased from prior range).

## SEC filing metadata
- accession: 0001171843-24-002240
- form_type: 8-K
- ticker: EXPO
- cik: 0000851520
- company_name: EXPONENT INC
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/851520/000117184324002240/0001171843-24-002240-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/851520/000117184324002240/f8k_042524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-002240
- JSON: https://secwatch.observer/filing/0001171843-24-002240.json
- Plain text: https://secwatch.observer/filing/0001171843-24-002240.txt

## Key facts
- Earnings Releases
  EXPONENT INC reported first quarter of fiscal year 2024 ended March 29, 2024 results: revenue $144.9 million, net income $30.1 million, EPS $0.59 per diluted share. Guidance raised.
  - Period: first quarter of fiscal year 2024 ended March 29, 2024
  - Revenue: $144.9 million
  - Net income: $30.1 million
  - EPS: $0.59 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Total revenues and revenues before reimbursements for the first quarter of 2024 increased 3.3% to $144.9 million and 6.6% to $137.2 million, respectively, as compared to $140.3 million and $128.7 million in the first quarter of 2023, respectively. Net income increased to $30.1 million, or $0.59 per diluted share, in the first quarter of 2024, as compared to $29.1 million, or $0.56 per diluted share, in the same period of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/851520/000117184324002240/0001171843-24-002240-index.htm

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