BWMNBowman Consulting Group Ltd.

$514M

Q3 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$94M+32.5% YoY

Gross Profit

$49M51.6% margin

Operating Income

$3M2.8% margin

Net Income

$1M1.3% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+14.1%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$9M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$354M

Total Liabilities

$200M

Stockholders' Equity

$154M

Cash & Equivalents

$14M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$94M	$71M	+32.5%
Gross Profit	$49M	$37M	+30.8%
Operating Income	$3M	$2M	+17.9%
Net Income	$1M	$3M	-65.2%

BWMN Q3 2023 Earnings — Bowman Consulting Group Ltd. Revenue & Financial Results | Market Cap Arena