Bowman Q1 net loss widens to $3.7 million; revenue rises 12% to $126.5 million

Bowman Consulting Group, Ltd.

Bowman Consulting Group, Ltd.

BWMN

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  • Bowman Consulting Group posted a first-quarter net loss of $3.7 million, widening from year-ago levels; EPS was a loss of $0.22.
  • Gross contract revenue rose 12% to $126.5 million, while gross backlog jumped 55.9% to $652.7 million.
  • Adjusted EBITDA increased 15.8% to $16.8 million, lifting adjusted EBITDA margin 0.2 percentage points to 14.7%.
  • Company executed a $146.7 million contract modification with a U.S. government agency, raising total not-to-exceed contract value to $177.7 million.
  • Full-year 2026 net revenue outlook was raised to $520 million-$540 million, with adjusted EBITDA margin guided at 17.2%-17.7%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bowman Consulting Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605051654PRIMZONEFULLFEED9713794) on May 05, 2026, and is solely responsible for the information contained therein.

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