Bowman Consulting Group (BWMN)
NASDAQ:BWMN
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.47Last Year’s EPS
0.55Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong top-line growth, record backlog, margin expansion on an adjusted basis, robust cash generation, upgraded guidance, and a clear strategic focus on technology and targeted M&A — all substantial positives. Notable near-term headwinds include a GAAP loss driven by noncash and transition-related charges, expected pressure on net-to-gross ratios from certain large awards, elevated overhead/SG&A due to timing and mobilization, and some concentration/timing risk in backlog. Management provided explanations and a path to margin recovery as revenue ramps, and they reinforced investments to drive higher-value, differentiated services.Company Guidance
Record Backlog and Upgraded Guidance
Backlog reached a record ~$653 million (up ~56% year-over-year and ~36% sequentially). Management raised full-year 2026 net revenue guidance to $520M–$540M (now expecting >20% revenue growth) and guided adjusted EBITDA margin of 17.25%–17.5%, with midpoint implication of nearly 28% year-over-year adjusted EBITDA growth.
Top-Line Growth — Gross Contract Revenue and Net Service Billing
Gross contract revenue was $126.5 million, a 12% increase year-over-year. Net service billing was $114.2 million, up 14% year-over-year, with a reported 90% net-to-gross ratio in the quarter.
Adjusted EBITDA Expansion and Strong Cash Conversion
Adjusted EBITDA was $16.8 million, up 14.7% year-over-year, with margin expansion versus prior year. Cash from operations was $11.6 million, representing roughly 70% conversion of adjusted EBITDA to cash.
Sector-Level Outperformance
Power was the fastest-growing sector with gross revenue up 37% year-over-year; transportation grew 13%; natural resources 6%; building infrastructure 1%. Organic net service billing growth by sector: natural resources +16%, transportation +13%, power +5%, building infrastructure +2%. Data center-related activities have more than doubled to just over 6% of revenue.
Balanced Growth from Organic Execution and M&A
Quarterly growth was driven by 6% organic net service billing growth plus contributions from recent acquisitions. Management emphasized both organic expansion (expecting >20% organic net revenue growth for the year) and targeted acquisitions (e.g., Smith and Associates) to deepen local capabilities and client relationships.
Strengthened Liquidity and Strategic Investments
Expanded revolving credit facility to $250 million to support continued acquisitions and incremental CapEx. The company repurchased ~$9.2 million of stock in the quarter and invested in geospatial/data-capture assets, automation, and internal-use software to support future revenue growth.
Technology and Differentiation Strategy
Firm is investing in AI, automation, and proprietary tools (over 25 proprietary tools released) and an integrated operating environment aimed at delivering higher-value, faster client outcomes rather than commoditizing hourly work — positioning technology as a differentiator for long-term client value and margin expansion.
BWMN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BWMN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $34.00 | $35.80 | +5.29% |
Mar 04, 2026 | $32.94 | $29.00 | -11.96% |
Nov 05, 2025 | $44.43 | $34.46 | -22.44% |
Aug 06, 2025 | $33.98 | $35.72 | +5.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Bowman Consulting Group (BWMN) report earnings?
Bowman Consulting Group (BWMN) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Bowman Consulting Group (BWMN) earnings time?
Bowman Consulting Group (BWMN) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is BWMN EPS forecast?
BWMN EPS forecast for the fiscal quarter 2026 (Q2) is 0.47.