Exponent is an engineering and scientific consulting firm providing solutions to complex problems. Exponent's interdisciplinary organization of scientists, physicians, engineers, and business consultants draws from more than 90 technical disciplines to solve the most pressing and complicated challenges facing stakeholders today. The firm leverages over 50 years of experience in analyzing accidents and failures to advise clients as they innovate their technologically complex products and processes, ensure the safety and health of their users, and address the challenges of sustainability.

Company profile
Ticker
EXPO
Exchange
Website
CEO
Catherine Corrigan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FAILURE GROUP INC
SEC CIK
Corporate docs
Subsidiaries
Exponent Consulting (Canada) Inc. • Exponent Consulting PTE. Ltd. • Exponent International • Exponent International Ltd. • Exponent Limited • Exponent Realty LLC • Exponent Science and Technology ...
IRS number
770218904
EXPO stock data
Press releases
Exponent to Present at Upcoming Investor Conferences
23 May 22
Exponent Reports First Quarter 2022 Financial Results
28 Apr 22
Exponent Declares Regular Quarterly Dividend
28 Apr 22
Exponent to Announce First Quarter of Fiscal Year 2022 Results and Host Quarterly Conference Call on April 28, 2022
4 Apr 22
Analyst ratings and price targets
Calendar
6 May 22
26 Jun 22
30 Dec 22
Financial summary
Quarter (USD) | Apr 22 | Dec 21 | Oct 21 | Jul 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Jan 21 | Jan 20 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 215.05M | 215.05M | 215.05M | 215.05M | 215.05M | 215.05M |
Cash burn (monthly) | 27.55M | (no burn) | (no burn) | (no burn) | 2.12M | (no burn) |
Cash used (since last report) | 78.91M | n/a | n/a | n/a | 6.07M | n/a |
Cash remaining | 136.14M | n/a | n/a | n/a | 208.98M | n/a |
Runway (months of cash) | 4.9 | n/a | n/a | n/a | 98.7 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Jun 22 | Lindstrom Carol | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,489 | 0 | 1,489 |
2 Jun 22 | George H. Brown | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,489 | 0 | 1,489 |
2 Jun 22 | Johnston Paul R | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,489 | 0 | 1,489 |
2 Jun 22 | Zumwalt Debra | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,489 | 0 | 1,489 |
2 Jun 22 | Shoven John B | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,489 | 0 | 1,489 |
Institutional ownership, Q1 2022
87.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 341 |
Opened positions | 38 |
Closed positions | 47 |
Increased positions | 135 |
Reduced positions | 113 |
13F shares | Current |
---|---|
Total value | 5.41B |
Total shares | 45.2M |
Total puts | 2K |
Total calls | 26.2K |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.87M | $849.91M |
Vanguard | 5.64M | $609.69M |
Kayne Anderson Rudnick Investment Management | 4.14M | $447.32M |
ATAC Neuberger Berman | 3.07M | $331.36M |
Conestoga Capital Advisors | 2.4M | $259.45M |
STT State Street | 1.69M | $182.09M |
Geneva Capital Management | 1.24M | $134.18M |
Geode Capital Management | 1.03M | $111.79M |
Dimensional Fund Advisors | 1.03M | $111.04M |
TROW T. Rowe Price | 957.87K | $103.5M |
Financial report summary
?Risks
- The unpredictable and reactive nature of our business can create uneven performance in any given quarter or year.
- The loss of a large client could adversely affect our business.
- 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.
- Governments may terminate, cancel, modify or curtail our contracts at any time prior to their completion.
- 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.
- Competition could reduce our pricing and adversely affect our business.
- Impairment of long-lived assets or restructuring activities may require us to record a significant charge to earnings.
- Changes in, or interpretations of, accounting principles could have a significant impact on our financial position and results of operations.
- Our business can be adversely affected by downturns in the overall economy.
- The market price of our common stock may be volatile.
- Catastrophic events may disrupt our business.
- Climate change may disrupt our business.
Management Discussion
- Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
- This Quarterly Report on Form 10-Q contains certain “forward-looking” statements (as such term is defined in the Private Securities Litigation Reform Act of 1995, and the rules promulgated pursuant to the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended) that are based on the beliefs of our management, as well as assumptions made by and information currently available to our management. Such forward-looking statements are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. When used in this document, the words “intend,” “anticipate,” “believe,” “estimate,” “expect” and similar expressions, as they relate to us or our management, identify such forward-looking statements. Such statements reflect the current views of us or our management with respect to future events and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, our actual results, performance, or achievements could differ materially from those expressed in, or implied by, any such forward-looking statements. Factors that could cause or contribute to such material differences include the COVID-19 pandemic (including factors relating to measures implemented by governmental authorities or by us to promote the safety of our employees, vendors and clients; other direct and indirect impacts on our business and the businesses of our clients, vendors and other partners; impacts which may, among other things, adversely affect our clients’ ability to utilize our services at the levels they have previously; disruptions of access to our facilities or those of our clients or third parties; and increased and potentially significant economic uncertainty and volatility, including credit and collectability risks and potential disruptions of capital and credit markets), the possibility that the demand for our services may decline as a result of changes in general and industry specific economic conditions, the timing of engagements for our services, the effects of competitive services and pricing, the absence of backlog related to our business, our ability to attract and retain key employees, the effect of tort reform and government regulation on our business and liabilities resulting from claims made against us. Additional risks and uncertainties are discussed in this Quarterly Report under the heading “Risk Factors” and elsewhere in this report. The inclusion of such forward-looking information should not be regarded as a representation by the us or any other person that the future events, plans, or expectations we contemplated will be achieved. Due to such uncertainties and risks, you are warned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. We do not intend to release publicly any updates or revisions to any such forward-looking statements.
- Exponent, Inc., is an engineering and scientific consulting firm that provides solutions to complex problems. Our multidisciplinary team of scientists, engineers and business consultants brings together more than 90 different technical disciplines to solve complicated issues facing industry and business today. Our services include analysis of product development, product recall, regulatory compliance, and the discovery of potential problems related to products, people, property and impending litigation.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
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New words:
combining, influx, mitigate, optimization, rebounding, smaller
Removed:
accelerated, adapted, advisory, bad, battery, booked, carefully, chemical, connectivity, continuity, divestiture, electric, empowered, encourage, energy, enhanced, establish, evaluated, evolve, expansive, Field, food, fostered, gain, geographically, German, integrity, invest, knowledge, leadership, level, leveraged, lifting, lower, occupational, online, operational, practice, productive, put, quickly, reach, realized, relaxation, responded, resume, robust, safely, sharing, shifted, steady, subsidiary, successfully, summary, support, testing, thought, tracing, unprecedented, yielding
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
3 Jun 22
8-K
Exponent Reports First Quarter 2022 Financial Results
28 Apr 22
8-K
Regulation FD Disclosure
22 Feb 22
8-K
Exponent Reports Fourth Quarter and Fiscal Year 2021 Financial Results
3 Feb 22
8-K
Exponent Reports Third Quarter of Fiscal Year 2021 Financial Results
28 Oct 21
8-K
Exponent Reports Second Quarter of Fiscal Year 2021 Financial Results
29 Jul 21
8-K
Submission of Matters to a Vote of Security Holders
7 Jun 21
8-K
Exponent Reports First Quarter of Fiscal Year 2021 Financial Results
29 Apr 21
8-K
Exponent Reports Fourth Quarter and Fiscal Year 2020 Financial Results
4 Feb 21
8-K
Exponent Reports Third Quarter of Fiscal Year 2020 Financial Results
29 Oct 20
Registration and prospectus
S-8
Registration of securities for employees
18 Mar 18
S-8
Registration of securities for employees
23 Sep 12
S-8
Registration of securities for employees
28 May 08
S-8
Registration of securities for employees
12 Nov 06
S-8
Registration of securities for employees
6 Sep 05
S-8
Registration of securities for employees
1 Jul 04
S-8
Registration of securities for employees
12 Jun 03
S-8
Registration of securities for employees
5 Sep 02
REGDEX
Notice of sale of securities
11 Jun 02
S-8
Registration of securities for employees
16 Aug 01
Other
UPLOAD
Letter from SEC
3 Dec 20
CORRESP
Correspondence with SEC
24 Nov 20
UPLOAD
Letter from SEC
16 Nov 20
UPLOAD
Letter from SEC
16 Sep 15
CORRESP
Correspondence with SEC
23 Aug 15
UPLOAD
Letter from SEC
16 Aug 15
UPLOAD
Letter from SEC
19 Jan 09
UPLOAD
Letter from SEC
22 Dec 08
CORRESP
Correspondence with SEC
9 Dec 08
CORRESP
Correspondence with SEC
20 Oct 08
Ownership
4
EXPONENT / Debra Zumwalt ownership change
6 Jun 22
4
EXPONENT / JOHN B SHOVEN ownership change
6 Jun 22
4
EXPONENT / Carol Lindstrom ownership change
6 Jun 22
4
EXPONENT / George H. Brown ownership change
6 Jun 22
4
EXPONENT / PAUL R JOHNSTON ownership change
6 Jun 22
4
EXPONENT / Debra Zumwalt ownership change
3 Jun 22
4
EXPONENT / JOHN B SHOVEN ownership change
3 Jun 22
4
EXPONENT / KAREN A RICHARDSON ownership change
3 Jun 22
4
EXPONENT / Carol Lindstrom ownership change
3 Jun 22
4
EXPONENT / PAUL R JOHNSTON ownership change
3 Jun 22
Transcripts
2022 Q1
Earnings call transcript
30 Apr 22
2021 Q4
Earnings call transcript
4 Feb 22
2021 Q2
Earnings call transcript
28 Oct 21
2021 Q2
Earnings call transcript
31 Jul 21
2021 Q1
Earnings call transcript
1 May 21
2020 Q4
Earnings call transcript
5 Feb 21
2020 Q3
Earnings call transcript
30 Oct 20
2020 Q2
Earnings call transcript
1 Aug 20
2020 Q1
Earnings call transcript
30 Apr 20
2019 Q4
Earnings call transcript
6 Feb 20
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