Willdan Group, Inc.WLDN

Willdan Group, Inc. has reported a notable revenue figure of $155.1M from Contract with Customer, Excluding Assessed Tax, for the period ending 2026-04-03. The company operates in the highly competitive energy services market, which represented 85% of their consolidated revenue in fiscal year 2025.

The company's business involves providing energy solutions, with a strong demand reflected in their recent financial reports. However, the effectiveness of their operational strategies and executive incentives is a point of consideration, given their Net Income (Loss) Attributable to Parent of $8.5M and Operating Income (Loss) of $7.3M for the same period.

According to their recent SEC filings, the company has a significant reliance on two major customers, Southern California Edison and New York Power Authority, which accounted for 22.4% of their Energy segment revenues. This, combined with the risks associated with subcontractor services and other direct costs, presents a complex operational environment for the company.

The company's financial health is also reflected in their cash and cash equivalents, which stood at $28.3M as of 2026-04-03, and their Net Cash Provided by (Used in) Operating Activities, which was $-24.4M for the same period. These figures indicate the company's ability to generate cash and meet its financial obligations.

The company's ability to compete successfully in the energy services market and manage its reliance on major customers will be crucial factors in determining its future financial performance. As the company continues to navigate the competitive environment, its ability to adapt and innovate will be key to its success.