Exponent, Inc.

EXPONASDAQIndustrials● Active

$59.28

$-0.38(-0.64%)

Market Cap$2.9B

P/E Ratio—

52W High$81.95

52W Low$51.91

Avg Volume516K

Open$59.57

Beta0.73

Free Cash Flow Financials Revenue

Exponent, Inc. (EXPO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

EXPO · free cash flow · updated Jun 8, 2026

Core FCF metrics

EXPO · FCF · TTM · margin & CAGR

Free cash flow was $122.3M for FY2026 (fiscal year ending 2026-01-02), down 11.1% year-over-year The FCF margin was 21.0%. Five-year CAGR stands at +4.5%.

FY2026 Free Cash Flow$122.3M▼ -11.1% YoY

Trailing 12M (TTM)$113.4Mtrailing 4 quarters sum

FCF Margin21.0%$122.3M ÷ revenue

3-Year CAGR+14.4%FY2023 → FY2026

5-Year CAGR+4.5%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

EXPO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$131.7M(9M)$122.3M▼ 11.1%21.0%

FY2025$144.5M(7M)$137.6M▲ +24.0%24.6%

FY2023$127.4M(16M)$111.0M▲ +35.8%—

FY2022$93.8M(12M)$81.8M▼ 30.6%—

FY2021$124.6M(7M)$117.7M▲ +19.7%25.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

EXPO · P/FCF · FCF yield · FCF per share

Exponent, Inc. (EXPO) trades at a FCF yield of 3.92% and a price-to-free-cash-flow ratio of 26.6x. FCF per share stands at $2.23, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.92%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.23

TTM FCF ÷ Shares Outstanding

Price / FCF

x26.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x25.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-01-02

Cash flow statement summary

EXPO · cash flow statement · operating / investing / financing

For FY2026, Exponent, Inc. generated $131.7M in operating cash flow and spent 9M in capital expenditures, yielding $122.3M in free cash flow.

Operating Activities

+$131.7M

Cash from core business operations

2026-01-02

Investing Activities

−$9.4M

CapEx, acquisitions & investments

2026-01-02

Financing Activities

−$160.4M

Buybacks, dividends & debt

2026-01-02

FCF FormulaOperating CF ($131.7M) − |CapEx| (9M) = FCF ($122.3M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

EXPO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Exponent, Inc.YOU

EXPO

$122.3M-11.1%21.0%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Exponent, Inc. (EXPO) reported free cash flow of $122.3M for FY2026 (fiscal year ending 2026-01-02), down 11.1% year-over-year. The FCF margin was 21.0%.

Based on available data, Exponent, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $137.6M in FY2025. The 5-year CAGR stands at +4.5%.

Exponent, Inc.'s FCF yield is 3.92% and price-to-FCF ratio is 26.6x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

EXPO free cash flow · 8 questions

Exponent, Inc. free cash flow was $122.3M for FY2026, down 11.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $113.4M.

EXPO free cash flowEXPO FCFEXPO FCF 2026EXPO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Exponent, Inc. · Exponent, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026