Exponent

What Exponent does

Exponent is a publicly traded scientific and engineering consulting firm, founded in 1967 and headquartered in Menlo Park, California, that operates under the NASDAQ ticker EXPO. The firm employs approximately 950+ consultants, including more than 650 Ph.D.-level experts, organized across 90+ technical disciplines, and maintains 30+ offices across North America, Europe, and Asia. It serves 2,000+ enterprise clients across industries including electronics, utilities, life sciences, transportation, chemicals, energy, construction, consumer products, government, software, and industrial manufacturing. Service lines span accident and failure investigation, product safety and recall, disputes and litigation support, regulatory and compliance consulting, health sciences innovation, environmental and sustainability advisory, and technology/data/AI consulting.

The firm's core delivery model combines multidisciplinary consulting with a global network of state-of-the-art testing and evaluation laboratories operating 24/7, staffed by Ph.D. experts. Underlying technology capabilities include Model-Based Systems Engineering (MBSE), an Information Security Management System certified to ISO 27001 and ISO 27701 (aligned with NIST 800-171, GDPR, and CCPA), and applied data science/ML in digital health engagements. Specialized expertise covers biomechanics, biomedical engineering, materials science and electrochemistry, electrical engineering and computer science, mechanical engineering, human factors, civil and structural engineering, polymers and chemistry, and thermal sciences, among others.

Exponent generates revenue through engagement-based professional services, primarily via direct enterprise sales to large corporations requiring multidisciplinary technical expertise for failure analysis, product development, regulatory submissions, litigation support, and risk assessment. Q1 2026 revenue was $166.3M (+14% YoY), Q4 2025 was $147.4M (+8% YoY), and Q3 2025 was $147.1M (+8% YoY), placing annualized revenue in the $580M-$650M range. The firm has increased its dividend for 13 consecutive years and has authorized more than $150M in share repurchases across late 2025 and early 2026, reflecting disciplined capital return. Market capitalization stood at approximately $3.28B as of April 2026.

Name

Exponent

Legal name

Exponent, Inc.

Website

https://exponent.com

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Exponent is a publicly traded scientific and engineering consulting firm with 950+ consultants and 650+ Ph.D.s across 90+ disciplines, serving 2,000+ enterprise clients in electronics, utilities, life sciences, transportation, and other regulated industries through multidisciplinary consulting, testing, and regulatory expertise.

Ownership category

akta.pro rank

Product category

Engineering and Scientific Consulting Services

NAICS

Other Scientific and Technical Consulting Services (54169), Management, Scientific, and Technical Consulting Services (5416), Other Scientific and Technical Consulting Services (541690)

SIC

Services-Management Consulting Services (8742), Services-Engineering Services (8711), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Telecommunications & Network Engineering Consulting (BPAHAIAH)

Keywords

• Engineering consulting services
• Scientific consulting
• Failure analysis
• Product safety consulting
• Risk assessment

Headquarters

HQ city

Menlo Park

HQ country

United States

HQ region

North America

Offices35 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Engineering and Scientific Consulting Services: Professional consulting services delivered by multidisciplinary teams of Ph.D. experts across scientific and engineering disciplines. Revenue driven by demand for specialized consulting in consumer electronics, utilities, life sciences, and growing opportunities from AI infrastructure and emerging technologies. Q1 2026 revenue of $166.3 million, up 14% year-over-year.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Exponent provides multidisciplinary scientific and engineering consulting services to enterprises across more than 90 technical disciplines, delivered by approximately 950 consultants including over 650 Ph.D. experts. The firm delivers services across eleven integrated solution areas encompassing failure analysis, product safety, regulatory compliance, dispute resolution, risk assessment, environment and sustainability, health sciences innovation, industrial operations, and technology/data/AI consulting. Services are supported by a 24/7 global network of testing and evaluation laboratories and cover high-consequence sectors including consumer electronics, life sciences, utilities, transportation, energy, and software/AI.

Product overview

Exponent is a premier scientific and engineering consulting firm that offers a unified portfolio of multidisciplinary consulting services rather than a software product platform. The core offering spans eleven integrated solution areas: Accident & Failure Investigation, Disputes, Environment & Sustainability, Health Sciences Innovation, Industrial Operations & Technology, Product Analysis & Improvement, Product Safety & Recall, Regulatory & Compliance, Research Strategy & Implementation, Risk Assessment & Mitigation, and Technology, Data & Innovation. These services are supported by specialized expertise across 17+ technical disciplines including Biomechanics, Biomedical Engineering & Sciences, Data Sciences, Electrical Engineering & Computer Science, Human Factors, Materials Science, Mechanical Engineering, and Testing & Evaluations. The company employs over 950 consultants with 650+ Ph.D.s across 90+ technical disciplines to deliver breakthrough insights for complex scientific and engineering challenges.

Differentiator

Problem solved

Functional benefit

Products and services

• Accident & Failure Investigation Multidisciplinary investigation services to determine root causes of accidents, product failures, and system malfunctions across industries. Serves enterprise clients facing product safety incidents and complex failure scenarios.
• Disputes Independent expert analysis and testimony for technical, scientific, and engineering disputes in litigation, arbitration, and regulatory proceedings. Serves corporate legal teams, insurers, and law firms.
• Environment & Sustainability Scientific consulting for environmental impact assessment, sustainability strategy, regulatory compliance, and emerging contaminant analysis including PFAS. Serves chemical, industrial, and government clients with environmental exposure.
• Health Sciences Innovation Scientific and regulatory support for drug development, medical devices, digital health technologies, and healthcare cybersecurity including FDA submissions and clinical validation. Serves pharmaceutical, medical device, and digital health companies.
• Industrial Operations & Technology Engineering consulting for industrial systems, manufacturing processes, robotics safety, and emerging technologies including AI-enabled platforms and data center infrastructure. Serves industrial and manufacturing clients.
• Product Analysis & Improvement Testing, evaluation, and analysis of product performance, materials, safety, and biocompatibility across consumer products, medical devices, and industrial equipment. Serves product manufacturers and consumer products companies.
• Product Safety & Recall Comprehensive product safety consulting including hazard analysis, recall strategy, regulatory compliance, and consumer protection across multiple industries. Serves consumer products manufacturers and consumer-facing brands.
• Regulatory & Compliance Regulatory strategy and compliance consulting for FDA, EPA, ISO, and international standards across chemicals, medical devices, pharmaceuticals, and consumer products. Serves regulated industries with global standards exposure.
• Research Strategy & Implementation Scientific research design, execution, and analysis services including biostatistics, clinical trial design, decentralized trials, and real-world evidence collection. Serves life sciences, pharmaceutical, and healthcare clients.
• Risk Assessment & Mitigation Comprehensive risk analysis, modeling, and mitigation strategies for engineering systems, cybersecurity, product liability, and emerging technologies. Serves enterprise clients facing technical or operational risk exposure.
• Technology, Data & Innovation Data sciences, AI consulting, cybersecurity, systems engineering, and model-based systems engineering (MBSE) for complex interconnected hardware, software, and AI-enabled platforms. Serves software, AI, electronics, and technology clients.
• Testing & Evaluations Global network of testing facilities operating 24/7 that brings together Ph.D. experts, tools, and technologies for product testing, flammability evaluation, wear testing, and laboratory analysis. Supports enterprise product safety and regulatory programs.
• AI Consulting Consulting services helping organizations integrate AI into physical systems with confidence, addressing AI safety, governance, infrastructure complexity, and emerging technology challenges. Serves enterprise clients deploying AI in physical products, infrastructure, and regulated workflows.

Quantifiable outcome

• Helmet usage shown to reduce head injury risk by up to 60% for cyclists and nearly 70% for skiers
• +3 more outcomes

Named customers1 record

Segments13 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature5 records

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• WSP Global: WSP is a global professional services firm in engineering and environment with significant advisory and testing capabilities — comparable to Exponent's multidisciplinary engineering and environmental consulting practices.
• Guidehouse: Guidehouse (formerly Navigant) is a management and technology consulting firm serving energy, sustainability, health, and government clients — comparable to Exponent's utilities, life sciences, and regulatory consulting practices.
• AECOM: AECOM is a global infrastructure consulting firm with large environment, water, and transportation practices — comparable to Exponent's industrial/manufacturing, environment, and failure investigation work, though much broader and more infrastructure-focused.
• Booz Allen Hamilton: Booz Allen Hamilton provides technology, engineering, and management consulting with deep domain expertise in defense, federal, and emerging tech — adjacent to Exponent's Technology, Data & Innovation and AI consulting offerings, though broader in scope and far larger.

Direct peers

• Tetra Tech: Tetra Tech is a leading scientific and engineering consulting firm with deep expertise in environment, water, energy, and infrastructure — overlapping with Exponent's Environment & Sustainability and Industrial Operations practices and serving similar enterprise/government clients.
• ICF International: ICF provides advisory and digital services across energy, environment, public sector, and health — directly comparable to several of Exponent's practice areas, with overlapping client segments in utilities and government.
• MITRE Corporation: MITRE operates federally funded R&D centers delivering multidisciplinary scientific and systems engineering research to government and commercial clients, matching Exponent's multidisciplinary consulting and systems engineering model.
• Ramboll: Ramboll is a global engineering, design, and scientific consulting firm covering environment, energy, water, and buildings — overlapping significantly with Exponent's scientific consulting, environmental, and industrial practices.
• Charles River Associates: CRA provides expert economic and financial consulting including litigation support and expert testimony — directly comparable to Exponent's Disputes and independent expert witness practice.
• ERM (Environmental Resources Management): ERM is a global pure-play environmental, health, safety, and sustainability consultancy — a strong comparable to Exponent's Environment & Sustainability and product safety/risk practices for enterprise clients.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/exponent-inc

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Exponent