---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-138966"
form_type: "8-K"
ticker: "BWMN"
cik: "0001847590"
company_name: "Bowman Consulting Group Ltd."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:59:49.696447+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bowman Consulting beats Q1 estimates, raises FY 2023 guidance

## Summary
- Net service billing $67.6M (+42% YoY); organic growth 12%.
- Adjusted EBITDA $9.7M (+31% YoY); margin 14.3% (down 120 bps).
- Gross backlog $252M (+46% YoY); gross revenue $76.1M (+45%).
- FY 2023 net service billing guidance raised to $285-$300M; adjusted EBITDA $44-$50M.
- Closed Richter & Associates acquisition in April 2023 to expand utility services.

## SEC filing metadata
- accession: 0001193125-23-138966
- form_type: 8-K
- ticker: BWMN
- cik: 0001847590
- company_name: Bowman Consulting Group Ltd.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847590/000119312523138966/0001193125-23-138966-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847590/000119312523138966/d463413d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-138966
- JSON: https://secwatch.observer/filing/0001193125-23-138966.json
- Plain text: https://secwatch.observer/filing/0001193125-23-138966.txt

## Key facts
- Earnings Releases
  Bowman Consulting Group Ltd. updated its Q1 2023 guidance (raised).
  - Period: Q1 2023
  - Guidance: raised
  - Result: reported results
  source text: On May 8, 2023, Bowman Consulting Group Ltd. (“Bowman” or the “Company) issued a press release announcing its financial results for the first quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847590/000119312523138966/0001193125-23-138966-index.htm

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