Bowman Consulting Group

Bowman Consulting Group Ltd. operates as a professional services firm delivering innovative engineering solutions to customers who own, develop, and maintain the built environment. It provides planning, engineering, construction management, commissioning, environmental consulting, survey, land procurement and technical services. The company was founded by Gary P. Bowman on June 5, 1995 and is headquartered in Reston, VA.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Bowman Consulting Group achieves record revenue and growth milestones

Bowman Consulting Group's Q1 2023 performance reflects robust financial growth, increased backlog, and strategic positioning in key markets, showcasing resilience and potential for further expansion.
While facing challenges in maintaining growth rates and executing acquisitions, the company's strong balance sheet, diversified revenue streams, and growth outlook present opportunities for sustained success.
With a clear focus on long-term vision, market diversification, and operational efficiency, Bowman Consulting Group demonstrates confidence in meeting future growth targets and strategic objectives.

Bowman Consulting Group reports robust Q2 performance and growth outlook

Bowman Consulting Group delivered a strong performance in Q2 2023, driven by strategic acquisitions, organic growth, and improved operational efficiency.
While facing challenges such as a net loss attributed to labor buildup, the company remains optimistic about its future prospects, as reflected in increased guidance figures.
By capitalizing on revenue synergies, optimizing cost structures, and leveraging market opportunities, Bowman is poised for continued growth and success in the industry.

Bowman Consulting Group excels in Q3, eyes growth opportunities ahead

Bowman Consulting Group's Q3 2023 performance reflects robust growth, operational efficiency, and revenue diversification, positioning the company for continued success.
While facing challenges in sustaining growth momentum and managing debt amidst expansion, the company has opportunities to leverage industry tailwinds and government funding for future growth.
Maintaining a positive outlook for 2023 and beyond, Bowman Consulting Group aims to capitalize on strong demand, strategic initiatives, and a solid backlog to drive future financial performance.

Bowman reports strong revenue growth amidst integration challenges and optimism

Bowman's Q4 performance showcased revenue growth but was marred by integration challenges, leading to a net loss, while full-year results demonstrated strong revenue and EBITDA growth.
The company's strategic strengths lie in increased revenue guidance, focus on technology investments, and revenue diversification, positioning them for future success.
Challenges include integration issues, backlog project turnover, and potential impacts from tax positions, while opportunities in market optimism, infrastructure funds, and project visibility offer avenues for growth.

Bowman Consulting Group reports strong Q1 performance and growth outlook

Bowman Consulting Group's Q1 2024 performance reflects resilience and growth potential, supported by revenue increases and backlog expansion.
The company's strategic initiatives, including revenue diversification and acquisition integration, position it for future success and market leadership.
While facing challenges in short-term financial impacts and integration, Bowman Consulting Group is well-positioned to capitalize on growth opportunities and achieve its 2024 targets.

Bowman Consulting Group achieves record Q3 revenue, eyes strategic growth

Bowman Consulting Group's Q3 2024 performance reflects strong financial results and strategic advancements.
The company's focus on operational efficiency, leadership changes, and acquisitions positions it for future growth.
While challenges exist in meeting ambitious revenue targets, opportunities in market sectors and strategic initiatives offer avenues for expansion.

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RESTON, Va.--(BUSINESS WIRE)-- #BetterWithBowman--Bowman Consulting Group Ltd. ("the Company" or "Bowman") (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, has been contracted by the State of Oregon ("State") to deliver 30 cm (one foot) high-resolution natural color and false color infrared orthorectified digital imagery for the entire state. Bowman will leverage the capabilities of its recent Surdex acquisiti.

Bowman Selected to Provide Orthoimagery Services for the State of Oregon

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (“the Company” or “Bowman”) (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, is proud to announce that Bruce Labovitz, the company's Chief Financial Officer, has been named Public Company CFO of the Year by the Northern Virginia Technology Council (NVTC). This prestigious award recognizes Mr. Labovitz's outstanding leadership and sig.

Bowman's Bruce Labovitz Honored as Public Company CFO of the Year by Northern Virginia Technology Council

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, has been selected by the Arizona Department of Transportation (ADOT) to provide engineering and oversight services related to the construction of pedestrian and bicycle grade separation at Arizona State University's (ASU) Tempe campus. Bowman, serving as the pr.

Bowman Awarded Contract from ADOT for ASU Tempe Pedestrian Grade Separated Crossing

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, is pleased to welcome Vijay Agrawal, PE, to lead its expanding national ports and harbors practice. “We are extremely fortunate to have Vijay joining us to lead the growth of our ports and harbors practice,” said Gary Bowman, chairman and chief executive of Bow.

Bowman Adds Vijay Agrawal as Executive Vice President, National Ports & Harbors Practice

Bowman Consulting Group Ltd. (NASDAQ:BWMN ) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET Company Participants Bruce Labovitz - Chief Financial Officer Gary Bowman - Founder and Chief Executive Officer Conference Call Participants Aaron Spychalla - Craig-Hallum Jeff Martin - Roth Jean Ramirez - D.A.

Bowman Consulting Group Ltd. (BWMN) Q1 2024 Earnings Call Transcript

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering and infrastructure services firm supporting owners and developers of the built environment, today released financial results for the three months ended March 31, 2024. “The first quarter delivered the revenue rebound we were expecting,” said Gary Bowman, Chairman and CEO of Bowman. “Net service billing increased consecutively each month during the quarter in line with ou.

Bowman Announces Financial Results for Three Months Ended March 31, 2024

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (“Bowman” or “the Company”) (NASDAQ: BWMN), today announced it entered into a $100 million aggregate revolving credit agreement with Bank of America, N.A, as Administrative Agent, and TD Bank, N.A., as Syndication Agent (the “Credit Agreement”). With a five-year term, the Credit Agreement replaces the Company's $70 million revolving line of credit with Bank of America. The general provisions of the Credit Agreement are similar to the pr.

Bowman Closes On $100 Million Revolving Credit Agreement

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Moore Consulting Engineers (“Moore”), a mechanical, electrical, plumbing, and fire protection (“MEP/FP”) engineering firm based in Shamong, New Jersey. Moore provides comprehensive MEP/FP engineering services to private a.

Bowman Acquires MEP and Fire Protection Engineering Firm Moore Consulting Engineers

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ:BWMN) today announced that it will release financial results for the first quarter of 2024 after the U.S. financial markets close on Monday, May 6, 2024. The Company will host a webcast to discuss its first quarter results at 9:00 a.m. ET on Tuesday, May 7, 2024. Bowman Chairman and CEO Gary Bowman and Chief Financial Officer Bruce Labovitz will host the call followed by a question-and-answer session.

Bowman Consulting Group Announces Dates for First Quarter 2024 Earnings Release and Webcast

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, proudly announces the appointment of David Stickles, RPLS, PSM, PLS, as director of business development, geospatial survey. Stickles brings to Bowman over three decades of experience working with transportation departments and highway administrations, includin.

Bowman Welcomes David Stickles, RPLS, PSM, PLS, to Expand Company's Public Sector Geospatial Portfolio

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, announced it has entered into a definitive agreement to acquire St. Louis-based Surdex Corporation (“Surdex”), a geospatial and engineering services firm providing low-, medium- and high-altitude digital orthoimagery, advanced high-resolution LiDAR, intell.

Bowman Enters into Definitive Agreement to Acquire Surdex Corporation, Adding High-Altitude Digital Imagery, Digital Mapping and Advanced Geospatial Services

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering and infrastructure services firm supporting owners and developers of the built environment, announced today the pricing of its previously announced underwritten public offering at a public offering price of $34.00 per share. A total of 1,323,530 shares of common stock are being sold by Bowman and 147,058 shares of common stock are being sold by the selling stockholders,.

Bowman Announces Pricing of Public Offering of Common Stock

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering and infrastructure services firm supporting owners and developers of the built environment, announced today the commencement of an underwritten public offering of up to $50.0 million of shares of its common stock. The Company proposes to sell up to $45.0 million of shares of its common stock in the proposed offering, and the selling stockholders, Gary Bowman, the Company.

Bowman Announces Launch of Public Offering of Common Stock

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, proudly announces the appointment of Dan Brewer, PE, to principal, regional manager, Carolinas' operations. Operating from Bowman's Charlotte, NC, office, Brewer will oversee operations across four key offices—Charlotte, Raleigh, Charleston and Columbia—with a.

Bowman Appoints Dan Brewer, PE, to Grow Operations in the Carolinas

Bowman Consulting Group Ltd. (BWMN) Q4 2023 Earnings Call Transcript

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (Nasdaq: BWMN) (“Bowman” or the “Company”), a national engineering and infrastructure services firm supporting owners and developers of the built environment, today released financial results for the fiscal year ended December 31, 2023. “This past year we surpassed $300 million in net service billing representing nearly 30% year-over-year growth and approximately 31% compound annual growth since 2020, the year before our May 2021 initia.

Bowman Announces Fiscal Year 2023 Financial Results

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today issued additional commentary regarding its February 16, 2024 pre-release of 2023 non-GAAP financial metrics (the “Pre-Release”) and announced the acquisition of Speece Lewis Engineers (“Speece Lewis”), a transportation, bridge design, surveying, and h.

Bowman Adds Commentary to 2023 Pre-Release and Announces Acquisition of Transportation and Bridge Design Firm Speece Lewis Engineers

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced the scheduling of its 2023 earnings release and investor conference call along with preliminary results for fiscal 2023 Net Service Billing and Adjusted EBITDA, both non-GAAP financial measures. The Company will release its financial results for the fourth quarter and full year 2023 after the U.S. financial markets close on Monday, March 11, 2024. The Company will host a webcas.

Bowman Consulting Group Announces Earnings Release Schedule and Preliminary 2023 Financial Results

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, proudly announces the appointment of Mark Borushko as senior vice president, West. In this role, Borushko will spearhead the expansion of Bowman's comprehensive services across the Western United States while capitalizing on emerging opportunities in the privat.

Bowman Appoints Mark Borushko to Grow Company's Public and Private Sector Practice in the West

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Trudell Consulting Engineers and its wholly owned Vermont Underground Locators subsidiary (collectively “TCE”), a multi-disciplinary engineering firm located just outside Burlington in Williston, Vermont. Founded in 1975,.

Bowman Acquires Trudell Consulting Engineers in Burlington, Vermont

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, has secured a combined $1.9 million of assignments through two new mining contracts in Arizona. Under the first contract, Bowman will oversee the comprehensive design work for the SX plant feasibility study, which includes process, geotechnical, structural, mec.

Bowman Awarded $1.9 Million in New Arizona Mining Contracts

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, is pleased to announce the addition of Sharif Abou-Sabh, PE, as senior vice president and director of the Company's expanding national transportation program management practice. Consistent with his prior experience, Mr. Abou-Sabh will focus on securing lar.

Bowman Adds Sharif Abou-Sabh, PE, to Expand National Transportation Program Management Initiative

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, has earned the #3 spot on Forbes' list of Most Successful Small Cap Companies in America. The company's outsized growth rate, continued service diversification, commitment to technology adoption and consistent execution have played pivotal roles in increasi.

Bowman Ranked #3 on Forbes' List of Most Successful Small Cap Companies in America

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Hess-Rountree, Inc. (“Hess-Rountree”), a full-service engineering firm headquartered in Phoenix, Arizona. With an emphasis on renewable energy, educational and sports facilities projects, Hess-Rountree provides comprehens.

Bowman Acquires Phoenix-based Hess-Rountree, Inc.

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, is proud to announce the opening of its newest office in Orlando, FL, marking a strategic move to expand the Company's presence in the region. The new location will initially offer civil engineering and land development services, with plans to expand operat.

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