Karandeep Singhania's questions to Exponent Inc (EXPO) leadership • Q2 2025
Question
Karandeep Singhania from UBS Group AG asked for the growth rate breakdown between proactive and reactive business in the quarter and questioned if the regulatory environment, particularly at the federal level, has improved or worsened.
Answer
EVP & CFO Rich Schlenker stated that proactive and reactive growth rates were similar, but highlighted that within the reactive segment, disputes-related work grew a strong 7% year-over-year. CEO Catherine Corrigan addressed the regulatory environment, noting some delays around the edges related to the EPA's chemical work due to staffing turnover, but affirmed that the impact is not significant and clients in areas like medical devices continue to push projects forward.