Bowman Consulting Q2 revenue $122.1M (+17%), net income $6.0M; raises FY2025 guidance

Bowman Consulting Group Ltd.

2025-Q2 EPS reported $0.24 revenue$235,021,000

Gross contract revenue $122.1M (+17% YoY); net income $6.0M vs loss $2.1M in prior year.
Adjusted EBITDA $20.2M (+50.7%); margin 18.7% (up 440 bps); organic net billing growth 8.4%.
Backlog $438.2M (+24.7%); data center revenue reclassified into Power & Utilities segment.
FY2025 guidance raised: net revenue $430-$442M, adjusted EBITDA $71-$77M.
Repurchased $6.7M stock in Q2; board authorized new $25M buyback program.

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