---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-282825"
form_type: "8-K"
ticker: "BWMN"
cik: "0001847590"
company_name: "Bowman Consulting Group Ltd."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:21:53.824419+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Bowman Consulting Q3 revenue $71.2M (+79% YoY); raises FY2022 guidance, introduces FY2023 outlook

## Summary
- Gross revenue $71.2M (+79% YoY); net income $3.4M vs $0.4M YoY.
- Adjusted EBITDA $9.6M (+118% YoY); margin 14.8% up 240 bps.
- Organic gross revenue growth 23%; organic net service billing growth 25%.
- Raised FY2022 guidance: Net Service Billing $230-234M (prev $205-220M), Adj. EBITDA $33-35M (prev $29-33M).
- Introduced FY2023 guidance: NSB $270-290M, Adj. EBITDA $42-48M; closed 4 acquisitions in H2 2022.

## SEC filing metadata
- accession: 0001193125-22-282825
- form_type: 8-K
- ticker: BWMN
- cik: 0001847590
- company_name: Bowman Consulting Group Ltd.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847590/000119312522282825/0001193125-22-282825-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847590/000119312522282825/d369381d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-282825
- JSON: https://secwatch.observer/filing/0001193125-22-282825.json
- Plain text: https://secwatch.observer/filing/0001193125-22-282825.txt

## Key facts
- Earnings Releases
  Bowman Consulting Group Ltd. reported the three months ended September 30, 2022 results: revenue $71.2 million, net income $3.4 million.
  - Period: the three months ended September 30, 2022
  - Revenue: $71.2 million
  - Net income: $3.4 million
  - Result: reported results
  source text: Financial Highlights for the three months ended September 30, 2022, compared to September 30, 2021: • Gross revenue of $71.2 million, compared to $39.7 million, a 79% increase
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847590/000119312522282825/0001193125-22-282825-index.htm
- Earnings Releases
  Bowman Consulting Group Ltd. reported the nine months ended September 30, 2022 results: revenue $186.1 million, net income $4.5 million.
  - Period: the nine months ended September 30, 2022
  - Revenue: $186.1 million
  - Net income: $4.5 million
  - Result: reported results
  source text: Financial Highlights for the nine months ended September 30, 2022, compared to September 30, 2021: • Gross revenue of $186.1 million, compared to $108.0 million, a 72% increase
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847590/000119312522282825/0001193125-22-282825-index.htm
- Earnings Releases
  Bowman Consulting Group Ltd. updated its full year 2022 guidance (raised).
  - Period: full year 2022
  - Guidance: raised
  - Result: guidance update
  source text: The Company is increasing its full year 2022 outlook for Net Service Billing to be in the range of $230 to $234 million and Adjusted EBITDA in the range of $33 to $35 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847590/000119312522282825/0001193125-22-282825-index.htm
- Earnings Releases
  Bowman Consulting Group Ltd. updated its full year 2023 guidance (initiated).
  - Period: full year 2023
  - Guidance: initiated
  - Result: guidance update
  source text: The Company is introducing its full year 2023 outlook for Net Service Billing to be in the range of $270 to $290 million and Adjusted EBITDA in the range of $42 to $48 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847590/000119312522282825/0001193125-22-282825-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.