Willdan Group, Inc. has been awarded a significant $49 million contract for an energy services project at Mt. San Antonio College. This initiative highlights the company's robust growth in the energy solutions sector and its commitment to sustainable development. The project, set to be completed by the third quarter of 2027, underscores Willdan’s role in transforming public sector infrastructure through advanced energy technologies. Concurrently, the company has delivered impressive financial performance for the fourth quarter and full fiscal year 2025, alongside optimistic projections for the upcoming fiscal year.
Willdan Group's Transformative Energy Project at Mt. San Antonio College
In a groundbreaking announcement on February 27, TheFly reported that Willdan Group, Inc. (NASDAQ:WLDN) has been selected to lead a substantial $49 million energy services project at Mt. San Antonio College in California. This pivotal development positions Willdan as a key player in the college's modernization efforts. The ambitious project encompasses a wide array of infrastructure enhancements, including the strategic deployment of solar photovoltaic installations, the integration of a cutting-edge battery storage system, the establishment of efficient EV charging stations, and the comprehensive renovation of existing parking facilities. These upgrades are designed to fully implement distributed energy resources across the campus, fostering a more sustainable and energy-independent environment for the academic institution.
This significant undertaking is projected to reach completion by the third quarter of 2027, marking a crucial milestone in the college's long-term energy strategy. Willdan Group's involvement stems from a master services agreement with the Foundation for California Community Colleges, enabling the company to execute advanced distributed energy resource (DER) projects not only at Mt. SAC but also at various other community colleges and public sector sites throughout the Golden State. This agreement underscores Willdan's deep expertise and trusted partnership within the public education sector.
Adding to its recent achievements, Willdan Group also unveiled its financial outcomes for the fourth quarter and the entire fiscal year concluding on January 2, 2026. On February 26, the company released its comprehensive guidance for fiscal year 2026. For the fourth quarter of 2025, Willdan reported an impressive contract revenue of $173.7 million, reflecting a substantial 20.6% increase. Net revenue climbed to $89.5 million, an increase of 12.9%. The company achieved a net income of $18.7 million and an adjusted EBITDA of $20.0 million. Diluted GAAP earnings per share (EPS) stood at $1.23, while adjusted diluted EPS reached a robust $1.57.
For the full fiscal year 2025, Willdan's performance was equally strong, with total contract revenue reaching $681.6 million, marking a 20.5% surge. Net revenue for the year was $364.8 million, up 23.1%. The annual net income was $52.6 million, with GAAP diluted EPS at $3.49 and adjusted diluted EPS at $4.89. Looking ahead to 2026, the company anticipates adjusted diluted EPS to range between $4.50 and $4.70, signaling continued financial strength and growth.
Willdan Group, Inc., renowned as a U.S. consulting and technical services firm, specializes in delivering comprehensive energy efficiency, engineering, planning, and infrastructure solutions. Serving a diverse clientele that includes utilities, governmental bodies, and private industries, Willdan plays a vital role in helping clients modernize their systems and significantly enhance their sustainability and overall performance. The company's ongoing success and strategic project acquisitions reinforce its position as a leader in innovative energy solutions.
This significant project win for Willdan Group at Mt. San Antonio College represents more than just a financial gain; it's a testament to the increasing demand for sustainable energy solutions and the expertise required to implement them effectively. As institutions like colleges strive for greater energy independence and environmental responsibility, Willdan's comprehensive approach, combining advanced technologies with strategic planning, offers a blueprint for future infrastructure development. This initiative demonstrates the tangible benefits of investing in green technologies, showcasing how such projects can lead to long-term operational efficiency and a reduced carbon footprint. For the broader market, it signals a growing trend where specialized consulting firms are becoming indispensable partners in achieving ambitious sustainability goals, further solidifying the economic viability of energy efficiency and renewable energy sectors.