BWMN Q2 2023 Earnings — Bowman Consulting Group Ltd. Revenue & Financial Results | Market Cap Arena

BWMNBowman Consulting Group Ltd.

$514M

Q2 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$83M+32.6% YoY

Gross Profit

$42M50.4% margin

Operating Income

-$1M-1.3% margin

Net Income

-$634,000-0.8% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

+8.7%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$338M

Total Liabilities

$192M

Stockholders' Equity

$146M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$83M	$62M	+32.6%
Gross Profit	$42M	$31M	+33.1%
Operating Income	-$1M	$457,000	-344.2%
Net Income	-$634,000	-$320,000	-98.1%