Willdan Group, Inc. delivered a placing second-quarter efficiency, posting a 31% enhance in web income to $95 million and a 236% soar in web revenue to $15.4 million, buoyed by natural momentum, new contracts and strategic acquisitions. The corporate responded by elevating its full-year 2025 monetary targets.
Internet income rose 31.1% over the identical interval final 12 months, climbing to $95.0 million. Contract income expanded 23%, reaching $173.5 million. Internet revenue surged to $15.4 million, up 236%. Adjusted EBITDA additionally jumped 70.7%, reaching $21.9 million. GAAP diluted earnings per share climbed to $1.03, whereas adjusted diluted EPS rose 172.7% to $1.50.
Adjusted EBITDA additionally surged 70.7%, reaching $21.9 million. GAAP diluted earnings per share jumped to $1.03, up 212.1%, whereas adjusted diluted EPS landed at $1.50, representing a 172.7% achieve.
Buyers rewarded the efficiency with a substantial inventory soar—shares climbed over 30% following the earnings report, reflecting confidence in Willdan’s strategic execution and positioning within the energy-infrastructure sector.
Zacks Funding Analysis famous earnings and income surprises of +108% and +13.8%, respectively, translating to a “Maintain” rank for now.
CEO Mike Bieber emphasised {that a} file first half capped by the second-quarter outcomes underscores the corporate’s strong execution. He credited development to “core applications, new contract wins, and strategic acquisitions.” Bieber pointed to surging electrical energy hundreds from knowledge facilities and the broader electrification of transportation and buildings as key drivers behind demand for resilient grid infrastructure.
Bieber highlighted surging electrical energy hundreds—notably from knowledge facilities—and broader electrification developments as driving demand for resilient grid infrastructure. Willdan expects these long-term market dynamics to maintain momentum.
Reflecting its confidence, Willdan raised its monetary steerage:
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Internet income now anticipated between $340 million and $350 million
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Adjusted EBITDA raised to $70–73 million
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Adjusted diluted EPS now projected at $3.50–3.65 per share
Earlier estimates had been extra conservative; this revision affirms a stronger outlook pushed by efficiency and near-term visibility.
Willdan has pursued acquisitions to broaden its capabilities. Notably, its March 2025 buy of Various Energy Technology (APG) has contributed to each natural and acquisitive development.
The corporate’s largest section—power—is supported by a various portfolio starting from utility applications to engineering, planning and sustainability.
Whereas investor sentiment stays elevated, some analysts warning that the inventory’s speedy rise could sign a “climax run,” suggesting the potential for pullbacks. Clear Avenue maintained a “Purchase” score however trimmed its value goal by 25%, citing attainable exhaustion in value motion.
Nonetheless, robust federal curiosity in data-center buildouts and AI infrastructure presents a supportive backdrop. President Trump has lately endorsed investments in specialised knowledge facilities, fueling energy-infrastructure demand.
The corporate’s positioning between public coverage and private-sector demand makes it uniquely delicate to regulatory shifts. Proposals to speed up decarbonization, bolster grid resilience, and encourage electrification present a protracted runway for development. However, price range pressures in some states may restrict the tempo of publicly funded infrastructure applications, an element analysts say buyers ought to watch carefully.
Willdan’s second-quarter efficiency cements its standing as a distinct segment however rising participant within the energy-infrastructure consulting area. The sharp rise in each revenues and web revenue indicators that administration’s technique of mixing acquisitions with natural development is delivering measurable outcomes. Wanting forward, the corporate’s raised steerage displays confidence not solely in ongoing contract wins but in addition in broader structural developments—data-center growth, AI-driven power demand, and long-term electrification—that present no indicators of slowing.
For buyers, Willdan represents a specialised wager on infrastructure modernization. Whereas volatility is feasible given its smaller market capitalization, the agency’s execution within the first half of 2025 suggests it has the capability to ship constant features, notably if federal and state applications proceed to align with its service choices. The rest of the 12 months will take a look at whether or not the corporate can maintain this momentum, however the outlook now seems brighter than at any level in its latest historical past.