Willdan Group publishes Q3 FY2026 earnings call transcript
WLDN•Willdan raised fiscal 2026 guidance to $435 million-$445 million in net revenue and $109 million-$111 million in adjusted EBITDA. Third-quarter net revenue rose 18% to $112 million and adjusted EBITDA increased 22% to $28.3 million.
1. Results and guidance
Willdan reported third-quarter net revenue of $112 million, up 18%, and adjusted EBITDA of $28.3 million, up 22%. It raised fiscal 2026 guidance to net revenue of $435 million-$445 million and adjusted EBITDA of $109 million-$111 million. Preliminary 2027 targets call for $1 billion in contract revenue and more than $140 million in EBITDA.
2. Mantis acquisition
The October 30 Mantis acquisition adds commercial energy-management capabilities, with expected annual net revenue of about $75 million for 2026. CEO Mike Bieber, CFO Kim Early and Vice President Al Kaschalk participated in the November 5 earnings call.
