secwatch.observer — SEC 8-K summary
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Issuer:     EXPONENT INC (EXPO)
CIK:        0000851520
Form:       8-K
Filed at:   2026-07-30T20:05:18+00:00
Accession:  0001171843-26-005081
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851520/000117184326005081/0001171843-26-005081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851520/000117184326005081/f8k_073026.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-005081

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer