Exponent Inc. (EXPO) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
EXPONENT INC MENLO PARK, CA 94025 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8742 - Management Consulting Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 187,150 | 161,458 | 297,687 | 242,526 | 231,601 | 208,554 | |||
| Cash and cash equivalents | 187,150 | 161,458 | 297,687 | 197,525 | 176,436 | 127,059 | |||
| Short-term investments | 45,001 | 55,165 | 81,495 | ||||||
| Receivables | 167,360 | 170,114 | 139,861 | 111,565 | 120,138 | 105,814 | |||
| Other undisclosed current assets | 25,022 | 17,585 | 15,214 | 12,741 | 12,305 | 12,244 | |||
| Total current assets: | 379,532 | 349,157 | 452,762 | 366,832 | 364,044 | 326,612 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 24,600 | 18,007 | 14,370 | 19,322 | 23,003 | ✕ | |||
| Property, plant and equipment | 75,318 | 65,539 | 59,971 | 59,823 | 61,587 | 46,103 | |||
| Intangible assets, net (including goodwill) | 8,607 | 8,607 | 8,607 | 8,607 | 8,607 | 8,607 | |||
| Goodwill | 8,607 | 8,607 | 8,607 | 8,607 | 8,607 | 8,607 | |||
| Deferred costs | 75,934 | 52,286 | |||||||
| Deferred income tax assets | 53,824 | 53,909 | 46,546 | 40,539 | ✕ | ||||
| Other noncurrent assets | 3,727 | 2,006 | 1,521 | 1,242 | 949 | 1,238 | |||
| Other undisclosed noncurrent assets | 101,169 | 89,437 | 99,962 | 83,731 | 29,287 | 34,090 | |||
| Total noncurrent assets: | 267,245 | 237,505 | 230,977 | 213,264 | 199,367 | 142,324 | |||
| TOTAL ASSETS: | 646,777 | 586,662 | 683,739 | 580,096 | 563,411 | 468,936 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 22,125 | 29,115 | 24,504 | 16,327 | 18,583 | 12,283 | |||
| Accounts payable | 4,489 | 8,642 | 3,193 | 3,279 | 4,644 | 2,551 | |||
| Accrued liabilities | 17,636 | 20,473 | 21,311 | 13,048 | 13,939 | 9,732 | |||
| Other undisclosed accounts payable and accrued liabilities | |||||||||
| Deferred revenue | 21,709 | 18,834 | 19,762 | 11,800 | 12,710 | ✕ | |||
| Debt | 5,944 | ||||||||
| Deferred compensation liability | 13,166 | 10,171 | 9,380 | 5,016 | 7,984 | 6,641 | |||
| Other undisclosed current liabilities | 104,909 | 100,909 | 99,336 | 84,165 | 78,739 | 79,380 | |||
| Total current liabilities: | 161,909 | 159,029 | 152,982 | 117,308 | 123,960 | 98,304 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 9,807 | 14,343 | 18,158 | ||||||
| Liabilities, other than long-term debt | 128,783 | 106,881 | 103,885 | 86,947 | 71,042 | 56,723 | |||
| Deferred compensation liability, classified | 103,398 | 91,183 | 100,999 | 83,961 | 68,373 | 52,708 | |||
| Deferred rent credit | 1,467 | ||||||||
| Other liabilities | 3,426 | 2,355 | 2,886 | 2,986 | 2,669 | 2,548 | |||
| Operating lease, liability | 21,959 | 13,343 | 9,807 | 14,343 | 18,158 | ✕ | |||
| Total noncurrent liabilities: | 128,783 | 106,881 | 113,692 | 101,290 | 89,200 | 56,723 | |||
| Total liabilities: | 290,692 | 265,910 | 266,674 | 218,598 | 213,160 | 155,027 | |||
| Equity | |||||||||
| Equity, attributable to parent | 356,085 | 320,752 | 417,065 | 361,498 | 350,251 | 313,909 | |||
| Common stock | 66 | 66 | 66 | 66 | 66 | 66 | |||
| Treasury stock, value | (536,534) | (505,539) | (340,807) | (323,773) | (277,658) | (252,611) | |||
| Additional paid in capital | 321,448 | 301,002 | 281,419 | 265,328 | 244,935 | 227,283 | |||
| Accumulated other comprehensive loss | (2,977) | (3,587) | (1,983) | (1,932) | (1,760) | (2,853) | |||
| Retained earnings | 574,082 | 528,810 | 478,370 | 421,809 | 384,668 | 342,024 | |||
| Total equity: | 356,085 | 320,752 | 417,065 | 361,498 | 350,251 | 313,909 | |||
| TOTAL LIABILITIES AND EQUITY: | 646,777 | 586,662 | 683,739 | 580,096 | 563,411 | 468,936 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 536,766 | 513,293 | 466,269 | 399,900 | 417,199 | 379,523 | ||
| Gross profit: | 536,766 | 513,293 | 466,269 | 399,900 | 417,199 | 379,523 | ||
| Operating expenses | (425,444) | (372,451) | (357,342) | (316,651) | (332,088) | (288,067) | ||
| Operating income: | 111,322 | 140,842 | 108,927 | 83,249 | 85,111 | 91,456 | ||
| Nonoperating income (expense) | 24,574 | (8,608) | 16,910 | 13,687 | 19,079 | 3,010 | ||
| Investment income, nonoperating | 7,150 | 2,096 | 66 | 1,705 | 3,912 | 2,823 | ||
| Other nonoperating income (expense) | 17,424 | (10,704) | 16,844 | 11,982 | 15,167 | 20 | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1,149) | |||||||
| Income from continuing operations before income taxes: | 135,896 | 132,234 | 125,837 | 96,936 | 104,190 | 93,317 | ||
| Income tax expense | (35,557) | (29,904) | (24,635) | (14,384) | (21,730) | (21,063) | ||
| Income from continuing operations: | 100,339 | 102,330 | 101,202 | 82,552 | 82,460 | 72,254 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 101,202 | 82,552 | 82,460 | 72,254 | |
| Net income available to common stockholders, diluted: | 100,339 | 102,330 | 101,202 | 82,552 | 82,460 | 72,254 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 100,339 | 102,330 | 101,202 | 82,552 | 82,460 | 72,254 | ||
| Comprehensive income: | 100,339 | 102,330 | 101,202 | 82,552 | 82,460 | 72,254 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 610 | (1,604) | (51) | (172) | 1,093 | (824) | ||
| Comprehensive income, net of tax, attributable to parent: | 100,949 | 100,726 | 101,151 | 82,380 | 83,553 | 71,430 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.