BWMN (Bowman Consulting Group Ltd.) Stock Financials & Earnings | Market Cap Arena

BWMN (Bowman Consulting Group Ltd.) Stock Financials & Earnings | Market Cap Arena

BWMNBowman Consulting Group Ltd.

Mkt Cap$514M

Industrials·Engineering & Construction·🇺🇸 United States·NASDAQ

Revenue (TTM)$490M

Net Income (TTM)$13M

EPS (TTM)$0.73

Free Cash Flow (TTM)$33M

Gross Margin47.7%

Op. Margin3.9%

Net Margin2.6%

FCF Margin6.8%

P/S Ratio (TTM)1.0x

P/E Ratio (TTM)41.0x

YoY Rev Growth+14.9%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$76M	$39M	$2M
Q2 23	$83M	$42M	-$1M
Q3 23	$94M	$49M	$3M
Q4 23	$93M	$47M	-$4M
Q1 24	$95M	$48M	-$3M
Q2 24	$105M	$55M	-$1M
Q3 24	$114M	$60M	$433K
Q4 24	$113M	$60M	$1M
Q1 25	$113M	$58M	$1M
Q2 25	$122M	$66M	$9M
Q3 25	$126M	$60M	$5M
Q4 25	$129M	$50M	$4M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.8x	125.9x
Q2 23	1.7x	136.4x
Q3 23	1.6x	330.4x
Q4 23	1.5x	—
Q1 24	1.4x	—
Q2 24	1.3x	—
Q3 24	1.3x	—
Q4 24	1.2x	169.6x
Q1 25	1.2x	180.6x
Q2 25	1.1x	47.0x
Q3 25	1.1x	31.2x
Q4 25	1.0x	41.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$6M	$6M
Q2 23	-$4M	-$4M
Q3 23	$10M	$9M
Q4 23	-$549K	-$561K
Q1 24	$3M	$2M
Q2 24	$3M	$3M
Q3 24	$7M	$7M
Q4 24	$12M	$9M
Q1 25	$12M	$11M
Q2 25	$4M	$4M
Q3 25	$10M	$10M
Q4 25	$9M	$8M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$536K
Q2 23	$96K
Q3 23	$1M
Q4 23	$12K
Q1 24	$262K
Q2 24	$338K
Q3 24	$219K
Q4 24	$3M
Q1 25	$1M
Q2 25	$76K
Q3 25	$57K
Q4 25	$1M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+45.1%	+47.3%
Q2 23	+32.6%	+35.4%
Q3 23	+32.5%	+33.0%
Q4 23	+23.0%	+28.8%
Q1 24	+24.7%	+30.8%
Q2 24	+26.3%	+26.1%
Q3 24	+20.6%	+23.6%
Q4 24	+21.8%	+15.7%
Q1 25	+19.0%	+14.6%
Q2 25	+16.8%	+6.9%
Q3 25	+10.6%	+6.8%
Q4 25	+13.9%	+11.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$4M	5.7%
Q2 23	$7M	8.2%
Q3 23	$7M	7.5%
Q4 23	$6M	6.9%
Q1 24	$8M	8.2%
Q2 24	$6M	5.8%
Q3 24	$6M	5.6%
Q4 24	$5M	4.8%
Q1 25	$7M	5.9%
Q2 25	$3M	2.5%
Q3 25	$4M	3.6%
Q4 25	$5M	3.5%

OpEx Breakdown

Quarter	SG&A
Q1 23	$34M
Q2 23	$38M
Q3 23	$42M
Q4 23	$45M
Q1 24	$45M
Q2 24	$49M
Q3 24	$52M
Q4 24	$52M
Q1 25	$50M
Q2 25	$50M
Q3 25	$55M
Q4 25	$60M

Revenue Segments

Quarter	Reportable Segment
Q1 25	$113M
Q2 25	$122M
Q3 25	$126M
Q4 25	$129M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$14M	$0	$14M
Q2 23	$10M	$0	$10M
Q3 23	$14M	$0	$14M
Q4 23	$21M	$0	$21M
Q1 24	$12M	$0	$12M
Q2 24	$23M	$0	$23M
Q3 24	$12M	$0	$12M
Q4 24	$7M	$0	$7M
Q1 25	$11M	$0	$11M
Q2 25	$16M	$0	$16M
Q3 25	$16M	$0	$16M
Q4 25	$11M	$0	$11M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	13M	+3.6%
Q2 23	12M	-3.1%
Q3 23	14M	+12.4%
Q4 23	13M	-5.4%
Q1 24	14M	+6.0%
Q2 24	16M	+17.9%
Q3 24	17M	+3.3%
Q4 24	17M	-0.8%
Q1 25	16M	-2.0%
Q2 25	17M	+1.4%
Q3 25	17M	+1.0%
Q4 25	17M	+0.7%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 19	—	—
FY 20	—	—
FY 21	$150K	1K
FY 22	$164K	2K
FY 23	$173K	2K
FY 24	$194K	2K
FY 25	$213K	2K