Question 1

What is Exponent's cost incurred from reimbursable expense?

Accepted Answer

Exponent (EXPO) reported cost incurred from reimbursable expense of $22.75M in Q2 2026.

Question 2

How has Exponent's cost incurred from reimbursable expense changed year-over-year?

Accepted Answer

Exponent's cost incurred from reimbursable expense increased by 150.2% year-over-year, from $9.09M to $22.75M.

Question 3

What is the long-term trend for Exponent's cost incurred from reimbursable expense?

Accepted Answer

Over 4 years (2021 to 2025), Exponent's cost incurred from reimbursable expense has grown at a 9.6% compound annual growth rate (CAGR), from $31.42M to $45.25M.

Question 4

What does cost incurred from reimbursable expense mean?

Accepted Answer

These are the direct costs incurred by the company that are contractually eligible for reimbursement by the client. Tracking these expenses is essential for understanding the company's project management efficiency and the impact of pass-through costs on the overall income statement. It ensures that project-related outflows are appropriately matched with corresponding revenue inflows.

(In thousands, except per share data)	Three Months Ended / July 3,2026	Three Months Ended / July 4,2025	Six Months Ended / July 3,2026	Six Months Ended / July 4,2025
Operating expenses:
Compensation and related expenses	100,571	97,474	191,980	173,377
Other operating expenses	12,865	12,072	25,690	24,167
Reimbursable expenses	22,752	9,094	37,238	17,164
General and administrative expenses	7,402	6,145	13,606	11,152
Total operating expenses	143,590	124,785	268,514	225,860
Operating income	28,022	17,177	69,401	61,609
Other income, net:

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Exponent EXPO Cost Incurred From Reimbursable Expense