Bowman Consulting Group Ltd. income statement
In fiscal 2025, Bowman Consulting Group Ltd. reported revenue of $490m, up 14.9% on the year before, operating income of $19.7m (a 4.0% margin) and net income of $12.8m, or $0.73 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 122 | 150 | 262 | 346 | 427 | 490 | 528 |
| Cost of revenue | 67 | 75 | 127 | 170 | 204 | 228 | 246 |
| Gross profit | 56 | 75 | 135 | 176 | 223 | 262 | 282 |
| Selling, general and administrative | 51 | 69 | 118 | 158 | 197 | 215 | 235 |
| Operating income | 2 | 0 | 5 | −1 | −2 | 20 | 18 |
| Income before tax | 2 | −1 | 2 | −6 | −9 | 11 | 4 |
| Income tax | 1 | −2 | −3 | 0 | −12 | −2 | −4 |
| Net income | 1 | 0 | 5 | −7 | 3 | 13 | 7 |
| Diluted EPS | $0.17 | $0.03 | $0.37 | −$0.53 | $0.17 | $0.73 | $0.44 |
| Diluted shares (average) | 5m | 8m | 12m | 12m | 16m | 17m | 17m |
| EBITDA | 4 | 6 | 13 | 9 | 12 | 37 | 42 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 114 | 113 | 113 | 122 | 126 | 129 | 126 | 146 |
| Cost of revenue | 54 | 53 | 55 | 57 | 59 | 58 | 61 | 68 |
| Gross profit | 60 | 60 | 58 | 66 | 67 | 71 | 66 | 78 |
| Selling, general and administrative | 52 | 52 | 50 | 50 | 55 | 60 | 58 | 62 |
| Operating income | 0 | 1 | 1 | 9 | 5 | 4 | 0 | 8 |
| Income before tax | −1 | 0 | −1 | 7 | 3 | 1 | −3 | 2 |
| Income tax | −2 | −5 | 1 | 1 | −3 | −1 | 0 | −0 |
| Net income | 1 | 6 | −2 | 6 | 7 | 2 | −4 | 2 |
| Diluted EPS | $0.04 | $0.35 | −$0.11 | $0.34 | $0.37 | $0.11 | −$0.22 | $0.14 |
| EBITDA | 8 | 6 | 5 | 16 | 12 | 9 | 5 | 16 |
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