Earnings summaries and quarterly performance for Bowman Consulting Group.
Executive leadership at Bowman Consulting Group.
Board of directors at Bowman Consulting Group.
Research analysts who have asked questions during Bowman Consulting Group earnings calls.
Aaron Spychalla
Craig-Hallum Capital Group
4 questions for BWMN
Brent Thielman
D.A. Davidson
4 questions for BWMN
Jeff Martin
ROTH Capital Partners
4 questions for BWMN
Andrew J. Wittmann
Robert W. Baird & Co.
2 questions for BWMN
Alex Rygiel
Texas Capital Securities
1 question for BWMN
Justin Hauke
Robert W. Baird & Co.
1 question for BWMN
Laura Maher
B.Riley Securities
1 question for BWMN
Liam Burke
B. Riley Financial
1 question for BWMN
Recent press releases and 8-K filings for BWMN.
- Bowman Consulting Group Ltd. (BWMN) announced the acquisition of Houston-based RPT Alliance, a designer of natural gas transmission facilities and power generation infrastructure for data centers, industrial power consumers, and utility operators.
- The $59.7 million transaction was financed with cash and a seller note.
- RPT Alliance is projected to contribute approximately $22–24 million in annualized net service billing in 2026 and be accretive to earnings.
- This acquisition expands Bowman's power and utilities practice, enhancing its expertise in designing and delivering power systems for digital and energy transformation.
- Bowman Consulting Group Ltd. (BWMN) has been awarded two new assignments with the Aerotropolis Area Coordinating Metropolitan District in Aurora, Colorado, expanding its role in The Aurora Highlands master-planned community.
- The projects involve roadway design, traffic signal engineering, landscape architecture, and project management for a one-mile, four-lane roadway extension, and site planning, civil engineering, landscape architecture, and full construction documentation for a 154-unit residential duplex neighborhood.
- These new assignments build on an existing partnership that began in June 2024 and has already produced over 20 assignments across multiple service lines, with Bowman serving as program manager and lead designer for more than $500 million in infrastructure at The Aurora Highlands.
- The company's CEO highlighted that improved financing conditions are leading to momentum in residential infrastructure development, which is expected to support long-term growth.
- Bowman reported Q3 2025 Gross Contract Revenue of $126.0 million, an 11% year-over-year increase, and Net Service Billing also grew 11% year-over-year.
- Adjusted EBITDA increased 7.6% to $18.3 million with a 16.3% Adjusted EBITDA Margin, net, while Basic Adjusted EPS rose to $0.63 in Q3 2025 from $0.31 in Q3 2024.
- The company provided FY 2026 guidance, projecting Net Revenue between $465 million and $480 million and an Adjusted EBITDA Margin of 17.0% to 17.5%.
- Bowman's backlog grew 18% year-over-year and it established a $25 million Bowman Innovative Growth Fund. A $25 million share repurchase plan was approved on June 6, 2025.
- Bowman Consulting (BWMN) achieved a significant milestone in Q3 2025, surpassing a $500 million annualized gross revenue pace for the first time. The company reported 11% year-over-year growth in net revenue to $112 million and an 8% increase in adjusted EBITDA to $18.3 million, achieving a 16.3% margin. GAAP net income for the quarter dramatically increased to $6.6 million compared to $700,000 in Q3 2024.
- The company's backlog grew 18% year-over-year to $448 million, maintaining a book-to-bill ratio above one. Operating cash flow for the quarter was $10.2 million, contributing to a year-to-date total of $26.5 million, which is more than double last year's levels.
- BWMN reaffirmed its full year 2025 guidance and provided 2026 guidance for net revenue between $465 million and $480 million and an adjusted EBITDA margin between 17% and 17.5%. The power, utilities, and energy division was the fastest-growing market, up 38% year-over-year, supported by recent acquisitions. The company also expanded its revolver to $210 million, securing $150 million in available liquidity for investment and growth initiatives.
- Bowman Consulting Group Ltd. reported strong Q3 2025 financial results, with gross contract revenue increasing 11% to $126.0 million and net income reaching $6.6 million compared to $0.8 million in Q3 2024. For the first nine months of 2025, gross backlog increased by 17.9% to $447.7 million.
- The company reaffirmed its fiscal year 2025 guidance for Net Revenue between $430 million and $442 million and Adjusted EBITDA between $71 million and $77 million.
- Bowman introduced fiscal year 2026 guidance, projecting Net Revenue between $465 million and $480 million and an Adjusted EBITDA Margin of 17.0% to 17.5%.
- To support strategic growth initiatives, Bowman increased its revolving credit facility to $210.0 million from $140.0 million on October 30, 2025.
- Bowman Consulting Group Ltd. (BWMN) announced on October 13, 2025, the acquisition of Lazen Power Engineering, a Florida-based firm specializing in high-voltage transmission line (HVTL) infrastructure design and construction oversight.
- This acquisition establishes Bowman's capability in overhead transmission line design, enhancing its technical expertise and accelerating its long-term strategy to build a comprehensive energy practice.
- Lazen is anticipated to operate at a net service billing run rate of approximately $2.0 million and be immediately accretive to Bowman.
- Bowman Consulting Group Ltd. acquired the assets of Sierra Overhead Analytics (SOA) and its technology affiliate ORCaS, Inc. on October 6, 2025, expanding its energy practice and digital services portfolio.
- The acquisition strengthens Bowman's capabilities in high-growth markets such as data center development, climate resiliency, utilities, power, and alternative energy through SOA's civil design, mapping, and hydrology services, and ORCaS's proprietary design automation and optimization tools.
- Bowman anticipates the acquisition will initially operate at a net service billing run rate of approximately $2.2 million and be immediately accretive.
Quarterly earnings call transcripts for Bowman Consulting Group.
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