---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-005081"
form_type: "8-K"
ticker: "EXPO"
cik: "0000851520"
company_name: "EXPONENT INC"
filed_at: "2026-07-30T20:05:18+00:00"
generated_at: "2026-07-30T20:08:40.350390+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Exponent Q2 rev up 12% (ex-reimb), EPS $0.60 vs $0.52; raises FY guidance, boosts buyback by $50M

## Summary
- Q2 revenues before reimbursements $148.9M (+12% YoY); net income $29.4M ($0.60 diluted EPS) vs $26.6M ($0.52).
- EBITDA margin improved to 28.7% of rev before reimb vs 27.8% a year ago; utilization 74%.
- Raises FY2026 guidance: rev before reimb growth 9-10%, EBITDA margin 27.8-28.1%.
- Board declares $0.31 quarterly dividend (payable Sept 18) and adds $50M to share repurchase authorization.
- Strong demand in AI-related user research, utility infrastructure, and reactive work in consumer/chemicals/transport.

## SEC filing metadata
- accession: 0001171843-26-005081
- form_type: 8-K
- ticker: EXPO
- cik: 0000851520
- company_name: EXPONENT INC
- filed_at: 2026-07-30T20:05:18+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/851520/000117184326005081/0001171843-26-005081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/851520/000117184326005081/f8k_073026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-005081
- JSON: https://secwatch.observer/filing/0001171843-26-005081.json
- Plain text: https://secwatch.observer/filing/0001171843-26-005081.txt

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