BWMN · Bowman Consulting Group Ltd. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $126.48M | - | $126.03M | $122.09M | $112.93M | - | $113.93M | $104.50M | $94.91M | - |
| Cost of Revenue | $60.59M | - | $59.11M | $56.52M | $54.83M | - | $54.28M | $49.62M | $46.91M | - |
| Gross Profit | $65.89M | - | $66.92M | $65.57M | $58.10M | - | $59.65M | $54.88M | $48.00M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $57.78M | - | $55.17M | $49.76M | $50.49M | - | $51.90M | $49.15M | $44.71M | - |
| Total Operating Expenses | $65.79M | - | $61.63M | $56.53M | $56.96M | - | $59.22M | $56.12M | $50.61M | - |
| D&A | $5.11M | - | $6.89M | $6.54M | $3.90M | - | $7.39M | $7.18M | $2.66M | - |
| Operating Income | $104.0K | - | $5.29M | $9.04M | $1.14M | - | $433.0K | ($1.24M) | ($2.61M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $405.0K | - | ($3.34M) | $1.40M | $769.0K | - | ($1.91M) | ($1.18M) | ($3.45M) | - |
| Net Income | ($3.70M) | - | $6.62M | $6.01M | ($1.74M) | - | $771.0K | ($2.08M) | ($1.56M) | - |
| EPS - Basic | ($0.22) | - | $0.38 | $0.35 | ($0.11) | - | $0.04 | ($0.13) | ($0.11) | - |
| EPS - Diluted | ($0.22) | - | $0.37 | $0.34 | ($0.11) | - | $0.04 | ($0.13) | ($0.11) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $12.05M | $11.07M | $16.22M | $15.54M | $10.70M | $6.70M | $11.66M | $23.14M | $11.67M | $20.69M |
| Accounts Receivable | $133.89M | $130.63M | $123.47M | $113.13M | $107.35M | $105.11M | $105.41M | $99.37M | $95.97M | $87.56M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $222.05M | $212.96M | $216.86M | $196.72M | $188.95M | $176.62M | $172.92M | $175.40M | $162.87M | $154.78M |
| Total Assets | $589.77M | $579.68M | $510.18M | $538.25M | $528.75M | $505.88M | $496.96M | $463.39M | $420.54M | $402.79M |
| Current Liabilities | $237.93M | $214.73M | $167.00M | $155.56M | $150.59M | $134.98M | $120.81M | $139.29M | $134.73M | $126.76M |
| Long-term Debt | $50.59M | $57.60M | $29.79M | $32.03M | $36.43M | $38.14M | $36.35M | $38.80M | $26.77M | $28.77M |
| Total Liabilities | $338.87M | $318.58M | $248.37M | $288.60M | $284.63M | $259.77M | $253.75M | $227.80M | $253.28M | $239.50M |
| Stockholders' Equity | $250.90M | $261.11M | $261.81M | $249.64M | $244.12M | $246.12M | $243.21M | $235.58M | $167.26M | $163.28M |
| Retained Earnings | ($14.24M) | ($10.54M) | ($12.50M) | ($19.12M) | ($25.13M) | ($23.39M) | ($29.29M) | ($30.06M) | ($27.98M) | ($26.42M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $11.58M | - | - | - | $12.03M | - | - | - | $2.52M | - |
| Investing Cash Flow | ($1.86M) | - | - | - | ($1.74M) | - | - | - | ($2.74M) | - |
| Financing Cash Flow | ($8.74M) | - | - | - | ($6.29M) | - | - | - | ($8.79M) | - |
| CapEx | $1.93M | - | - | - | $1.04M | - | - | - | $262.0K | - |
| Free Cash Flow | $9.64M | - | - | - | $10.99M | - | - | - | $2.26M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 52.1% | - | 53.1% | 53.7% | 51.4% | - | 52.4% | 52.5% | 50.6% | - |
| Operating margin | 0.1% | - | 4.2% | 7.4% | 1.0% | - | 0.4% | -1.2% | -2.8% | - |
| EBITDA margin | 4.1% | - | 9.7% | 12.8% | 4.5% | - | 6.9% | 5.7% | 0.0% | - |
| Net margin | -2.9% | - | 5.3% | 4.9% | -1.5% | - | 0.7% | -2.0% | -1.6% | - |
| Free cash flow margin | 7.6% | - | - | - | 9.7% | - | - | - | 2.4% | - |
| FCF / Net income | -2.61 | - | - | - | -6.30 | - | - | - | -1.45 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 45.7% | - | 43.8% | 40.8% | 44.7% | - | 45.6% | 47.0% | 47.1% | - |
| Effective tax rate | - | - | -102.1% | 18.9% | - | - | - | - | - | - |
| Return on assets | -0.6% | - | 1.3% | 1.1% | -0.3% | - | 0.2% | -0.4% | -0.4% | - |
| Return on equity | -1.5% | - | 2.5% | 2.4% | -0.7% | - | 0.3% | -0.9% | -0.9% | - |
| Return on invested capital | 0.0% | - | 1.8% | 2.6% | 0.3% | - | 0.1% | -0.4% | -1.1% | - |
| Liquidity | ||||||||||
| Current ratio | 0.93 | 0.99 | 1.30 | 1.26 | 1.25 | 1.31 | 1.43 | 1.26 | 1.21 | 1.22 |
| Quick ratio | 0.93 | 0.99 | 1.30 | 1.26 | 1.25 | 1.31 | 1.43 | 1.26 | 1.21 | 1.22 |
| Cash ratio | 0.05 | 0.05 | 0.10 | 0.10 | 0.07 | 0.05 | 0.10 | 0.17 | 0.09 | 0.16 |
| Leverage | ||||||||||
| Debt / Equity | 0.20 | 0.22 | 0.11 | 0.13 | 0.15 | 0.15 | 0.15 | 0.16 | 0.16 | 0.18 |
| Debt / Assets | 0.09 | 0.10 | 0.06 | 0.06 | 0.07 | 0.08 | 0.07 | 0.08 | 0.06 | 0.07 |
| Debt / EBITDA | 9.70 | - | 2.45 | 2.05 | 7.23 | - | 4.64 | 6.53 | 582.02 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.35 | 2.22 | 1.95 | 2.16 | 2.17 | 2.06 | 2.04 | 1.97 | 2.51 | 2.47 |
| Liabilities / Assets | 0.57 | 0.55 | 0.49 | 0.54 | 0.54 | 0.51 | 0.51 | 0.49 | 0.60 | 0.59 |
| Efficiency | ||||||||||
| Asset turnover | 0.21 | - | 0.25 | 0.23 | 0.21 | - | 0.23 | 0.23 | 0.23 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 386d | - | 358d | 338d | 347d | - | 338d | 347d | 369d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 114.5x | 84.6x | - | - | 602.0x | - | - | - |
| P / B | 1.9x | - | 2.7x | 1.9x | 1.5x | - | 1.7x | 2.2x | 2.9x | - |
| P / S | 3.7x | - | 5.7x | 3.9x | 3.2x | - | 3.6x | 5.0x | 5.1x | - |
| EV / EBITDA | 97.1x | - | 59.9x | 31.6x | 76.0x | - | 54.9x | 89.8x | 10786.2x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 12.0% | - | 10.6% | 16.8% | 19.0% | - | 20.6% | 26.3% | 24.7% | - |
| Revenue CAGR (3y) | 18.5% | - | 47.0% | 25.1% | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 13.4% | - | 12.2% | 19.5% | 21.0% | - | 22.4% | 31.6% | 23.9% | - |
| Operating income growth (YoY) | -90.8% | - | 1122.2% | - | - | - | -83.4% | -10.7% | - | - |
| Net income growth (YoY) | -112.3% | - | 758.4% | - | -11.9% | - | -34.8% | -228.4% | - | - |
| EPS growth (YoY) | -100.0% | - | 825.0% | - | 0.0% | - | -50.0% | -160.0% | - | - |
| EPS CAGR (3y) | - | - | 14.0% | - | - | - | 10.1% | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -12.2% | - | - | - | 387.0% | - | - | - | -60.7% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 2.8% | 6.1% | 7.6% | 6.0% | 46.0% | 50.7% | 57.7% | 61.8% | 31.4% | 32.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$490.02M totalReportable Segment$490.02M · 100.0%
Peer comparison
Same SIC group: Services-Management Consulting Services
Comparing Bowman Consulting Group Ltd. against the 5 most active filers in the same SIC group.