Exponent, Inc.

Exponent, Inc. is a science and engineering consulting firm that provides solutions to complex problems. The company, founded in 1967 as Failure Analysis Associates, leverages over 55 years of experience in analyzing accidents and failures. Its interdisciplinary team, drawing from more than 90 technical disciplines, advises clients on innovating technologically complex products and processes, ensuring user safety and health, and addressing sustainability challenges. Exponent serves clients across various sectors including chemical, construction, consumer products, energy, food, beverage and nutrition, government, life sciences, insurance, manufacturing, technology, industrial equipment, and transportation. Many engagements are initiated by large corporations, lawyers, or insurance companies whose clients are involved in or anticipate litigation related to their products, equipment, processes, or services. During 2025, services to clients in the consumer products industry represented approximately 21% of revenues, while the energy and utilities industries accounted for 20%, the transportation industry 16%, and the chemical industry 11%. The company provides services on either a fixed-price or time and material basis. For time and material engagements, hourly rates for professionals range from $225 to $1,375 per hour, based on skills and experience. Bill rates are increased annually at the start of the fiscal year.