Bowman Q1 net service billing up 14% YoY; guides 2026 revenue to $520-540M

Bowman Consulting Group Ltd.

2026-Q1 EPS reported -$0.22 revenue$126,479,000

Net service billing $114.2M (+14.1% YoY); adjusted EBITDA $16.8M (+15.8%).
Net loss $(3.7)M, diluted EPS $(0.22); adjusted diluted EPS $0.14 vs $0.07 prior year.
Gross backlog $652.7M (+55.9% YoY), driven by $146.7M U.S. government contract modification.
Full-year 2026 net revenue guidance raised to $520-540M (prior $495-510M); adj. EBITDA margin 17.2-17.7%.
Acquired Smith & Associates Land Surveying, adding $2M run-rate net service billing.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Bowman Consulting Group Ltd. reported first quarter ended March 31, 2026 results: revenue Gross contract revenue of $126.5 million, net income Net loss of $(3.7) million, EPS Basic and Diluted EPS of $(0.22). Guidance raised.

Period: first quarter ended March 31, 2026
Revenue: Gross contract revenue of $126.5 million
Net income: Net loss of $(3.7) million
EPS: Basic and Diluted EPS of $(0.22)
Guidance: raised
Result: reported results

Exact text from the filing

performance this year and have raised full-year 2026 guidance accordingly.” First Quarter 2026 Compared to First Quarter 2025 Financial Results: • Gross contract revenue of $126.5 million compared to $112.9 million, a 12.0% increase • Net service billing 1 of $114.2 million compared to $100.1 million, a 14.1% increase • Organic net service billing 2 growth of 6.0%

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Source: SEC EDGAR

accession 0001628280-26-030749

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