Willdan's Powerhouse Q1: Soaring Revenue, Strategic Acquisition, & Growth Ahead

Willdans first quarter of 2026 was a powerhouse, with contract revenue up 10%, net revenue jumping 17%, and adjusted EBITDA soaring 35% year over year. They closed the acquisition of Burton Energy Group, expanding their reach to all 50 states, Puerto Rico, and Canada. Recent wins include a $100M extension from Southern California Edison, a $54M upgrade for New York, a $27M decarbonization program, and a $24M battery storage gig in Puerto Rico. Analysts are buzzing about the margin expansion to 40.7% gross, driven by better productivity, service mix, and utility programs. With low debt, high liquidity, and a fat pipeline of deals, Willdan is positioned for sustained growth amid energy shifts. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7e2a82c7768c6b7d