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Exponent

Logo: Exponent, Inc., Public domain, via Wikimedia Commons5

American company

Exponent, Inc. is an American engineering and scientific consulting firm. Exponent has a team of scientists, physicians, engineers, and business consultants which performs research and analysis in more than 90 technical disciplines. The company operates 20 offices in the United States and five offices overseas.3 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

$582.0MRevenue, fiscal 20266
$106.0MNet income, fiscal 20266
Apr 1967Founded1

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  • TickerEXPO on Nasdaq1
  • Industryresearch1
  • HeadquartersMenlo Park1
  • Websiteexponent.com
  • Incorporated inDE7
  • Business addressExponent Inc, 149 Commonwealth Drive, Menlo Park, Ca 940257
  • Filer categoryLarge accelerated filer7
  • Legal formCorporation4
  • LEI529900NY3F5Q2NWPUZ424
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressc/o The Corporation Trust Company, Corporation Trust Center, 1209 Orange Street, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 21958464

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149 Commonwealth Drive
Photo: Coolcaesar, CC BY 4.0, via Wikimedia Commons10

Exponent, Inc. is an American engineering and scientific consulting firm. Exponent has a team of scientists, physicians, engineers, and business consultants which performs research and analysis in more than 90 technical disciplines. The company operates 20 offices in the United States and five offices overseas.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

20.6%Operating margin6
18.2%Net margin6
4.2%Revenue growth, 20266
27.2%Return on equity6
$122.3MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Engineering And Other Scientific brought in 85% of the revenue Exponent broke down this way in fiscal 2025.

  1. Engineering And Other Scientific$493.9M685%up 5% from 2024
  2. Environmental And Health$88.1M615%down 1% from 2024
Business segments by year
Business segments202320242025
Engineering And Other Scientific$446.9M$469.5M$493.9M
Environmental And Health$89.9M$89.0M$88.1M

Regions

United States brought in 89% of the revenue Exponent broke down this way in fiscal 2025.

  1. United States$520.6M689%up 6% from 2024
  2. Outside the United States$61.4M611%down 6% from 2024
Regions by year
Regions202320242025
United States$470.1M$493.1M$520.6M
Outside the United States$66.7M$65.4M$61.4M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Other costs75¢$434.7M
  • Income tax7¢$41.3M
  • Profit18¢$106.0M

Out of $582.0M in revenue.6

Where each dollar of operating cash went, fiscal 2026

  • Capital spending6¢$9.4M
  • Dividends paid37¢$61.5M
  • Share buybacks58¢$97.1M

Out of $131.7M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.6

Financial statements

Revenue1112136$582.0M in 2026+40% since 2020
0$200.0M$400.0M$600.0M2020: $417.2M$417.2M20202021: $466.3M$466.3M2021+12%2022: $513.3M$513.3M2022+10%2023: $536.8M$536.8M2023+5%2025: $558.5M$558.5M2025+4%2026: $582.0M$582.0M2026+4%
Operating income1112136$119.8M in 2026+41% since 2020
0$50.0M$100.0M$150.0M2020: $85.1M$85.1M20202021: $108.9M$108.9M2021+28%2022: $140.8M$140.8M2022+29%2023: $111.3M$111.3M2023−21%2025: $119.6M$119.6M2025+7%2026: $119.8M$119.8M2026+0%
Net income1112136$106.0M in 2026+29% since 2020
0$50.0M$100.0M$150.0M2020: $82.5M$82.5M20202021: $101.2M$101.2M2021+23%2022: $102.3M$102.3M2022+1%2023: $100.3M$100.3M2023−2%2025: $109.0M$109.0M2025+9%2026: $106.0M$106.0M2026−3%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-12-312024-12-312023-12-31
Revenues before reimbursements$536.8M$518.5M$497.2M
Reimbursements$45.3M$40.0M$39.6M
Revenues$582.0M$558.5M$536.8M
Compensation and related expenses$342.0M$330.0M$319.9M
Other operating expenses$49.5M$46.2M$41.5M
Reimbursable expenses$45.3M$40.0M$39.6M
General and administrative expenses$25.5M$22.7M$24.4M
Total operating expenses$462.2M$439.0M$425.4M
Operating income$119.8M$119.6M$111.3M
Interest income$9.3M$10.0M$7.2M
Miscellaneous income, net$18.2M$17.8M$17.4M
Income before income taxes$147.3M$147.4M$135.9M
Provision for income taxes$41.3M$38.4M$35.6M
Net income$106.0M$109.0M$100.3M
Basic (in dollars per share)$2.08$2.13$1.96
Diluted (in dollars per share)$2.07$2.11$1.94
Basic (in shares)50.9M shares51.1M shares51.2M shares
Diluted (in shares)51.2M shares51.6M shares51.6M shares
Cash dividends declared per common share (in dollars per share)$1.20$1.12$1.04

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Corporate structure

Exponent sits at the top of its group. 7 entities, 6 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Exponent

  • Exponent Menlo Park, California, United States
    • Exponent Consulting (Canada) Inc. Subsidiary · Canada
    • Exponent Consulting PTE. Ltd. Subsidiary · Singapore
    • Exponent International Engineering and Scientific Consulting Limited Subsidiary · Ireland
    • Exponent International GmbH Subsidiary · Germany
    • Exponent Realty LLC Subsidiary · Delaware, United States
    • Exponent Science and Technology Consulting (Shanghai) Co., Ltd. Subsidiary · China

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Exponent reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$18.3M6 Jan 2, 2026$18.3M6 Jan 3, 20250%
Buildings and improvements$70.4M6 Jan 2, 2026$70.4M6 Jan 3, 20250%
Machinery and equipment$62.2M6 Jan 2, 2026$57.0M6 Jan 3, 2025+9.0%
Furniture and fixtures$14.4M6 Jan 2, 2026$13.7M6 Jan 3, 2025+4.4%
Leasehold improvements$26.4M6 Jan 2, 2026$25.4M6 Jan 3, 2025+3.6%
Construction in progress$2.4M6 Jan 2, 2026$219.0K6 Jan 3, 2025+993.6%
Property and equipment, before depreciation$194.1M6 Jan 2, 2026$185.2M6 Jan 3, 2025+4.8%
Accumulated depreciation$122.1M6 Jan 2, 2026$112.2M6 Jan 3, 2025+8.8%
Property and equipment, net$72.0M6 Jan 2, 2026$73.0M6 Jan 3, 2025−1.4%
Operating-lease assets (leased space)$73.4M6 Jan 2, 2026$75.2M6 Jan 3, 2025−2.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$221.9M6 Jan 2, 2026$258.9M6 Jan 3, 2025−14.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$8.6M6 Jan 2, 2026$8.6M6 Jan 3, 20250%

Properties, in its own words

Our Silicon Valley office facilities consist of a 153,738 square foot building, with office and laboratory space located on a 6.3-acre tract of land we own in Menlo Park, California and an adjacent 27,000 square feet of warehouse storage space on a 1.1-acre tract of land that we also own.

Our Test and Engineering Center (TEC) occupies 147 acres in Phoenix, Arizona. We lease this land from the State of Arizona under a lease agreement that expires in January 2043 and have an option to renew for one 15-year period. We constructed a 21,613 square foot indoor test facility as well as a 44,053 square foot engineering and test preparation building at the TEC.

The rest of Item 2

Our office facilities in Natick, Massachusetts, consist of a 60,480 square foot building, with office and laboratory space located on a 2.9 acre tract of land that we own and an adjacent building that consists of 9,100 square feet of office space located on a 0.81 acre tract of land that we also own.

In addition, we lease office and laboratory space in 21 other locations in 12 states and the District of Columbia, as well as in China, Hong Kong, Switzerland and the United Kingdom. Leases for these offices and laboratory facilities have terms generally ranging between one and 10 years.

Item 2 of the 10-K filed Feb 27, 2026.18

The story

Founding and leadership

Failure Analysis Associates (FaAA) was founded in April 1967 by then Stanford University professor Alan Stephen Tetelman along with his colleagues Bernard Ross, Marsh Pound, John Shyne and Sathya V. Hanagud with $500 in capital.

At the time of FaAA's founding, Ross was also an engineering program manager at SRI International (then the Stanford Research Institute) (1965–1970). While en route to the site of a Navy jet crash investigation, Tetelman was killed on September 25, 1978, in the PSA Flight 182 air crash over San Diego between a PSA jet liner and a private Cessna airplane that claimed the lives of 144 people. He was forty-two years old.

Ross assumed the presidency of Failure Analysis Associates after the accident. Ross and the late Tetelman were featured in a documentary film about the company titled "What Went Wrong" made by the United States Information Service and distributed worldwide. Tetelman was a world-renowned expert in fracture mechanics and co-authored a textbook titled "The Principles of Engineering Materials" with Craig R. Barrett (former CEO of Intel) and Stanford professor, William D. Nix, published by Prentice-Hall in 1973.

In 1982, Roger McCarthy assumed the leadership of FaAA, becoming chief executive officer in 1982 until 1996, and chairman of the board in 1986 until 2005. McCarthy joined FaAA in 1978 and became a director and vice-president in 1980.

In 2004, McCarthy was elected to the National Academy of Engineering.

Michael R. Gaulke served as the chief executive officer of Exponent Inc. from June 1996 to May 28, 2009. He is currently chairman of the board of directors. Mr. Gaulke served as president of Exponent Inc. from March 1993 to May 22, 2007. Mr. Gaulke first joined Exponent Inc. in September 1992 and served as its executive vice president and chief financial officer.

In 2008, Oregon State University inducted Mr. Gaulke into its Engineering Hall of Fame.

Paul R. Johnston was the chief executive officer at Exponent Inc. from May 28, 2009 – May 31, 2018. Johnston was president of Exponent Inc. from May 2007 until July 2016. Johnston joined Exponent in 1981 and served as its Principal Engineer since 1987 and vice president since 1996. Johnston has co-authored a book titled "Structural Dynamics by Finite Elements" published by Prentice-Hall in 1987. On May 31, 2018, Johnston stepped down from the position of chief executive officer to be an executive chairman.

Read the full text

Catherine F. Corrigan was named president of Exponent, Inc. on July 29, 2016. Corrigan joined Exponent's Philadelphia office in 1996, was promoted to principal in 2002 and to corporate vice president in 2005. Corrigan was promoted to group vice president to lead the Transportation Group and joined the company's operating committee in 2012.

On May 31, 2018, Corrigan was appointed to chief executive officer.

Incorporation

Failure Analysis Associates was founded as a partnership, incorporated in 1968 in California and reincorporated in Delaware as Failure Analysis Associates, Inc. in 1988.

In 1989, McCarthy reincorporated Failure Analysis Associates, Inc. in Delaware under a holding company, The Failure Group, Inc. and took The Failure Group, Inc. public in 1990. The company changed its name to Exponent, Inc. in 1998.

From Wikipedia’s article on Exponent, Inc., shared under CC BY-SA 4.0.8

Leadership

Who has led Exponent, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Michael R. Gaulke2006–2009
  2. Paul R. Johnston2010–2019
  3. Catherine Corrigan2019–now

Chair

  1. Roger L. McCarthy2006–2007
  2. Michael R. Gaulke2007–2010
  3. Paul R. Johnston2019

President

  1. Michael R. Gaulke2006–2007
  2. Paul R. Johnston2008–2016
  3. Catherine Corrigan2016–now

Chief financial officer

  1. Richard L. Schlenker Jr.2006–2026
  2. Eric R. Anderson2026–now

Chief operating officer

  1. Paul R. Johnston2006–2009
197019801990200020102020
Board members and other officers (33)

Products and brands

Exponent's services are concentrated on multiple practices and centers, including:

From Wikipedia’s article on Exponent, Inc., shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Exponent Consulting (Canada) Inc. Canada9
  • Exponent Consulting PTE. Ltd. Singapore9
  • Exponent International Engineering and Scientific Consulting Limited Ireland9
  • Exponent International GmbH Germany9
  • Exponent International Ltd. United Kingdom9
  • Exponent Limited Hong Kong9
  • Exponent Realty LLC Delaware9
  • Exponent Science and Technology Consulting (Shanghai) Co., Ltd. China9

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • FAILURE GROUP INCAug 12, 1996 to Feb 18, 19987
  • Failure Analysis Associates1967 to Mar 19981

Timeline

  1. Jul 30, 20268-K Results of operations; Regulation FD disclosure60
  2. Jun 10, 20268-K Shareholder vote61
  3. Apr 30, 20268-K Results of operations; Regulation FD disclosure62
  4. Apr 6, 20268-K Executive or director change63
  5. Feb 5, 20268-K Results of operations; Regulation FD disclosure64
  6. Oct 30, 20258-K Results of operations; Regulation FD disclosure65
  7. Jul 31, 20258-K Results of operations; Regulation FD disclosure66
  8. Jun 10, 20258-K Shareholder vote67
  9. May 1, 20258-K Results of operations; Regulation FD disclosure68
  10. Feb 6, 20258-K Results of operations; Regulation FD disclosure69
  11. Nov 1, 20248-K Executive or director change70
  12. Oct 24, 20248-K Results of operations; Regulation FD disclosure71
  13. Feb 19, 2019New chief executive Catherine Corrigan becomes CEO19
  14. Feb 11, 2010New chief executive Paul R. Johnston becomes CEO20
  15. Feb 10, 2006New chief executive Michael R. Gaulke becomes CEO21
  16. Mar 9, 1998Went public Listed on NASDAQ1
  17. Mar 1998Renamed Name changed to Exponent1
  18. Aug 1990Went public Listed on NASDAQ1
  19. Apr 1967Founded Founded1

Calendar

Coming up

  1. Oct 29, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.55 a share, on Oct 30, 2025.72

When it reported results

  1. Jul 30, 2026Reported quarterly or annual results60
  2. Apr 30, 2026Reported quarterly or annual results62
  3. Feb 5, 2026Reported quarterly or annual results64
  4. Oct 30, 2025Reported quarterly or annual results65
  5. Jul 31, 2025Reported quarterly or annual results66
  6. May 1, 2025Reported quarterly or annual results68
  7. Feb 6, 2025Reported quarterly or annual results69
  8. Oct 24, 2024Reported quarterly or annual results71

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

399 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 35 major events, 253 insider forms, 23 large holders, 66 other. The latest 20:

  1. Sep 22, 20264 PRIMARY DOCUMENT EDGAR
  2. Sep 15, 20263 PRIMARY DOCUMENT EDGAR
  3. Aug 18, 20264 PRIMARY DOCUMENT EDGAR
  4. Aug 17, 2026144 EDGAR
  5. Aug 11, 2026S-8 POS EDGAR
  6. Aug 11, 2026S-8 POS EDGAR
  7. Aug 11, 2026S-8 POS EDGAR
  8. Aug 11, 2026S-8 POS EDGAR
  9. Aug 11, 2026S-8 POS EDGAR
  10. Aug 11, 2026S-8 POS EDGAR
  11. Aug 11, 2026S-8 POS EDGAR
  12. Aug 7, 202610-Q EDGAR
  13. Jul 30, 20268-K EDGAR
  14. Jul 30, 20264 PRIMARY DOCUMENT EDGAR
  15. Jul 17, 20264 PRIMARY DOCUMENT EDGAR
  16. Jul 15, 2026144 EDGAR
  17. Jun 29, 20264 PRIMARY DOCUMENT EDGAR
  18. Jun 17, 20264 PRIMARY DOCUMENT EDGAR
  19. Jun 15, 2026144 EDGAR
  20. Jun 10, 20268-K EDGAR

The 399 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

117 open-market trades by officers, directors and large owners since October 2021: 39 buys and 78 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 18, 2026Souri Shukri JeriesGroup Vice PresidentBuy184$68.45$12.6KForm 4
Aug 17, 2026Corrigan CatherineChief Executive OfficerSale1,707$66.28$113.1KForm 4
Jul 15, 2026Corrigan CatherineChief Executive OfficerSale1,737$62.78$109.0KForm 4
Jun 15, 2026Corrigan CatherineChief Executive OfficerSale4,119$57.13$235.3KForm 4
May 26, 2026James Bradley AGroup Vice PresidentSale2,000$57.47$114.9KForm 4
May 19, 2026Reiss RichardGroup Vice PresidentSale1,672$58.65$98.1KForm 4
May 15, 2026Corrigan CatherineChief Executive OfficerSale4,194$54.06$226.7KForm 4
May 13, 2026Rakow JosephGroup Vice PresidentSale2,945$54.66$161.0KForm 4
May 13, 2026Sala JosephGroup Vice PresidentSale2,066$56.66$117.1KForm 4
Apr 15, 2026Corrigan CatherineChief Executive OfficerSale3,909$67.70$264.6KForm 4
Mar 16, 2026Corrigan CatherineChief Executive OfficerSale3,912$67.49$264.0KForm 4
Feb 17, 2026Corrigan CatherineChief Executive OfficerSale3,920$67.15$263.2KForm 4
Feb 10, 2026Pye JohnVP Global Offices & InnovationSale4,000$75.98$303.9KForm 4
Jan 15, 2026Corrigan CatherineChief Executive OfficerSale1,663$72.52$120.6KForm 4
Jan 2, 2026Pye JohnVP Global Offices & InnovationBuy89$66.64$5.9KForm 4
Dec 15, 2025Corrigan CatherineChief Executive OfficerSale3,225$70.74$228.1KForm 4
Nov 17, 2025Corrigan CatherineChief Executive OfficerSale4,900$70.39$344.9KForm 4
Oct 15, 2025Corrigan CatherineChief Executive OfficerSale4,930$66.82$329.4KForm 4
Oct 3, 2025Pye JohnVP Global Offices & InnovationBuy80$63.75$5.1KForm 4
Sep 15, 2025Corrigan CatherineChief Executive OfficerSale4,905$69.91$342.9KForm 4

All 117 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Catherine Ford CorriganPh.D.$970.0K$3.7M80
2025Richard L. Schlenker60$650.0K$2.4M80
2025Joseph RakowPh.D.$687.5K$2.0M80
2025Maureen ReitmanSc.D.$662.5K$1.8M80
2025Joseph SalaPh.D.$543.8K$1.7M80
2024President and Chief Executive$948.1K$3.5M80
2024Executive VicePresident and$641.0K$2.2M80
2024Group VicePresident$650.0K$2.2M80
2023Officer$887.5K$3.6M80
2023Chief Financial Officer$600.0K$2.3M80
2023Group VicePresident$575.0K$2.1M80

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.6,184,950$363.4M0.0%+116,138
Kayne Anderson Rudnick Investment Management LLC3,995,684$234.8M0.7%+109,376
Vanguard Portfolio Management LLC3,143,624$184.7M0.0%+196,868
Vanguard Capital Management LLC2,180,212$128.1M0.0%−30,438
State Street Corp1,943,646$114.2M0.0%+54,110
Geode Capital Management, LLC1,748,031$102.7M0.0%+100,417
Geneva Capital Management LLC1,405,173$82.6M1.9%−390,334
Royce & Associates LP1,323,097$77.7M0.6%+178,224
Conestoga Capital Advisors, LLC1,265,704$74.4M1.6%−640,801
Morgan Stanley1,214,003$71.3M0.0%+141,995
Aqr Capital Management LLC1,144,847$67.3M0.0%+163,573
First Trust Advisors LP1,083,370$63.7M0.0%+118,556
Two Sigma Investments, LP1,033,426$60.7M0.0%−67,880
Dimensional Fund Advisors LP927,545$54.5M0.0%+8,660
Norges Bank883,843$51.9M0.0%New
Resona Asset Management Co.,Ltd.754,256$44.5M0.2%+63,000
Northern Trust Corp648,042$38.1M0.0%−15,723
Wells Fargo & Company/mn567,909$33.4M0.0%−44,984
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.559,546$32.9M0.0%+41,936
Invesco Ltd.533,719$31.4M0.0%−38,543
Charles Schwab Investment Management Inc527,020$31.0M0.0%+2,968
Bank Of America Corp /de/498,130$29.3M0.0%−41,663
Jpmorgan Chase & Co481,260$28.9M0.0%+212,672
Goldman Sachs Group Inc446,274$26.2M0.0%−332,322
Bank of New York Mellon Corp415,958$24.4M0.0%−38,965

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

5 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Sep 11, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+16.1%Report
Aug 13, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−20.8%Report
May 12, 2025Jefferson ShreveRepublican, HouseSale$15,001 - $50,000+42.1%Report
Mar 13, 2025Jefferson ShreveRepublican, HouseBuy$15,001 - $50,000−52.2%Report
Feb 24, 2025Jefferson ShreveRepublican, HouseBuy$15,001 - $50,000−44.5%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Exponent is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGAREXPONENT INC2
  • CIK0000851520
  • Employer ID (EIN)77-021890418
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company18
  • Incorporated inDelaware18
  • Fiscal year endsJanuary 12
  • Industry code (SIC)8742 Services-Management Consulting Services2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business addressExponent Inc, 149 Commonwealth Drive, Menlo Park, CA 940252
  • Phone650-326-94002
  • Shares outstanding47,546,084 as of Jul 31, 202615
  • Public float$3.0B as of Jul 4, 202518
  • AuditorKPMG, LLP, San Francisco, California PCAOB ID 185; it also attests to the company’s internal control over financial reporting18
  • On EDGAR sinceApr 12, 19962
  • Filings2,055 in all: 4 (1,271), 5 (163), 8-K (149), SC 13G/A (106), 10-Q (91), 4/A (43), 144 (41), DEF 14A (30)2
    All 27 form types

    3 (27), SC 13G (25), 10-K (24), S-8 (11), UPLOAD (11), 5/A (9), CORRESP (7), S-8 POS (7), 10-K405 (6), 8-K/A (6), DEFA14A (5), PRE 14A (5), 10-K/A (4), ARS (4), SCHEDULE 13G/A (4), 10-Q/A (2), SCHEDULE 13G (2), DEFS14A (1), REGDEX (1)

  • Latest filingsAnnual report (10-K) Feb 27, 2026
    Quarterly report (10-Q) Aug 7, 2026
    Proxy statement (DEF 14A) Apr 20, 2026
    Latest 8-K (8-K) Jul 30, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.001 per shareEXPONasdaq Global Select Market

From the cover page of the 10-K filed Feb 27, 2026 (Section 12(b) of the Exchange Act).18

Risk factors and legal proceedings

The risks Exponent names in Item 1A of its 10-K filed Feb 27, 2026: 36 risks under these headings, as written.18

  • Risks Related to Our Clients and Demand for Our Services
  • The unpredictable and reactive nature of our business can create uneven performance in any given quarter or year.
  • Our financial results could suffer if our clients’ needs change more rapidly than we are able to secure the appropriate mix of trained, skilled and experienced personnel.
  • We may not manage our growth effectively, and our profitability may suffer.
  • The loss of a large client could adversely affect our business.
  • Our clients may be unable to pay for our services.
  • Our business is dependent on our professional reputation.
  • Our business can be adversely impacted by regulatory uncertainty, deregulation or reduced regulatory enforcement.
  • Tort reform can reduce demand for our services.
  • Potential conflicts of interest may preclude us from accepting some engagements.
  • Inherent risks related to government contracts may adversely affect our business.
  • Clients may terminate, cancel, modify or curtail our contracts at any time prior to their completion.
The other 25 risks
  • Artificial intelligence (AI) technologies may reduce demand for our services and change client expectations.
  • Risks Related to Our Operations
  • Failure to attract and retain key employees may adversely affect our business.
  • Our engagements may result in professional or other liability.
  • We are subject to unpredictable risks of litigation.
  • We are subject to security breaches that may disrupt our operations and/or lead to the inability to protect confidential information.
  • Laws regarding data protection continue to rapidly evolve, and failure to protect client and employee data may have an adverse effect on our business.
  • Our adoption and use of artificial intelligence technologies may create operational, legal, and regulatory risks.
  • Our international operations create special risks that could adversely affect our business.
  • Employee or contractor misconduct, or our failure to comply with governmental, regulatory and legal requirements or with our company-wide Code of Business Conduct and Ethics and related policies could lead to governmental or legal proceedings that could expose us to significant liabilities and damage our reputation.
  • Failure to comply with domestic and international export laws could adversely affect our business.
  • Our business depends on our ability to use and access information systems, and modernize or replace such systems from time to time, and failure to effectively maintain such systems or modernize or replace systems, or difficulties
  • encountered in implementing new or replacement systems could materially adversely affect our business and operations and harm our reputation.
  • Increases in operating expenses may adversely affect our profitability and margins.
  • General Risks
  • Competition could reduce our pricing and adversely affect our business.
  • We hold substantial investments that could present liquidity risks.
  • Impairment of goodwill may require us to record a significant charge to earnings.
  • Impairment of long-lived assets or restructuring activities may require us to record a significant charge to earnings.
  • Uncertainty about current and future economic conditions and other adverse changes in general political conditions in any of the countries in which we do business could adversely affect our operating results.
  • Our quarterly results may vary.
  • The market price of our common stock may be volatile.
  • There can be no assurance that we will continue to declare cash dividends or repurchase our shares at all or in any particular amounts.
  • Catastrophic events may disrupt our business.
  • Unavailability or cancellation of third-party insurance coverage would increase our overall risk exposure as well as disrupt the management of our business operations.
  • Climate change may disrupt our business.
  • Failure to meet climate expectations or standards could adversely affect our business, reputation, brand, results of operations and financial condition

Legal proceedings

Exponent is not engaged in any material legal proceedings.

The opening of Item 3, Legal Proceedings.18

Sources

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