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Bowman Consulting to be acquired by Bernhard Capital Partners for $43.00/share in cash
Merger agreement with Prive Parent (BCP affiliate) values BWMN at $43.00 per share in cash.
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Bowman Consulting annual meeting elects two directors, ratifies auditor
Stockholders elected Virginia Grebbien and Patricia Mulroy as Class II directors for terms expiring at 2029 meeting.
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Bowman Q1 net service billing up 14% YoY; guides 2026 revenue to $520-540M
Net service billing $114.2M (+14.1% YoY); adjusted EBITDA $16.8M (+15.8%).
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Bowman Consulting CLO Hickey to retire Dec 31, 2026; Abdoo named CLO effective May 1
Robert Hickey resigns as EVP, Chief Legal Officer & Secretary effective May 1, 2026; will serve as Senior Legal Advisor through Dec 31.
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Bowman Consulting lands $146.7M amendment to US government contract; total now $177.7M
Amendment signed March 13, 2026 with a US government agency; total contract value rises to $177.7M.
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Bowman reports record FY2025 revenue $490M, raises 2026 guidance; CEO announces retirement
Full-year 2025 net service billing $434.8M (+14.5% YoY); organic growth 12.4%; adjusted EBITDA $72.9M (+22.5%), margin 16.8% (+110 bps).
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Bowman Consulting founder/CEO Gary Bowman to retire later 2026; board initiates successor search
Gary Bowman, founder & CEO, plans to retire and resign as director later in 2026; will serve as senior advisor post-transition.
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Bowman Q3 2025 gross revenue $126M, net income $6.6M; FY26 guidance issued
Gross contract revenue $126.0M (+11% YoY); net income $6.6M vs $0.8M; adjusted EBITDA $18.3M (+7.6%).
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Bowman Consulting Q2 revenue $122.1M (+17%), net income $6.0M; raises FY2025 guidance
Gross contract revenue $122.1M (+17% YoY); net income $6.0M vs loss $2.1M in prior year.
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Bowman Consulting authorizes $25M share repurchase program over 12 months
Board authorized up to $25M in common stock repurchases starting June 9, 2025 through June 2026.
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Bowman Consulting splits Chairman and CEO roles; James Laurito elected independent Chair
Board elected James Laurito as independent Chair of the Board; Gary Bowman remains CEO.
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Bowman Q1 revenue up 19%, adjusted EBITDA up 20%; reaffirms FY2025 guidance
Gross contract revenue $112.9M (+19% YoY); net service billing $100.1M (+16.8%).
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Bowman Consulting appoints Virginia L. Grebbien to Board of Directors
Grebbien, a former Parsons Corporation executive with 30+ years water sector experience, fills a 2024 board vacancy.
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Bowman Consulting ups credit revolver to $140M from $100M
Revolving commitment increased to $140M under First Amendment to Credit Agreement.
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Bowman posts record Q4 revenue $113.2M; raises FY2025 guidance
Q4 gross revenue $113.2M (+21.7% YoY); net income $5.9M vs loss $7.7M.
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Bowman Consulting increases share repurchase authorization from $25M to $35M
Board authorized increase on Nov 29, 2024; program runs to July 31, 2025.
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Bowman Consulting finalizes COO Daniel Swayze's employment: $475K base, bonus, equity
Appointment effective July 1, 2024; initial term expires Dec 31, 2027 with auto-renewals.
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Bowman Q3 net service billing tops $100M for first time; raises FY24 revenue guidance
Q3 gross contract revenue $113.9M, up 21% YoY; net service billing $101.4M, up 23%.
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Bowman Consulting President Michael Bruen resigns Oct 4; to retire Jan 3, 2025, will advise
Michael Bruen resigned as President and director effective Oct 4, 2024; retirement effective Jan 3, 2025.
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Bowman increases share repurchase program to $25M, extends to Aug 2025
Board authorized increase from $10M to $25M; $20.8M remains available after $4.2M prior remaining.
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Bowman Q2 revenue $104.5M (+26% YoY), net loss widens to $2.0M, adjusts FY2024 guidance
Net loss of $2.0M ($0.03 basic adjusted EPS loss) vs $0.6M loss in prior year.
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Bowman Consulting promotes Bruen to President, Swayze to COO, renews CFO contract
Michael Bruen promoted to President, effective July 1, 2024; Gary Bowman remains CEO and Chair.
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Bowman Consulting stockholders elect directors and ratify EY as auditor at 2024 annual meeting
Stockholders elected James Laurito and Raymond Vicks, Jr. as Class III directors for terms expiring at 2027 annual meeting.
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Bowman Q1 revenue up 25% to $94.9M; net loss $1.6M; raises FY2024 guidance
Gross contract revenue $94.9M (+25% YoY); net service billing $85.7M (+27% YoY); net loss $1.6M vs income $0.5M.
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Bowman Consulting raises ~$47.3M net in public offering; CEO and COO sell shares
Company sold 1,502,942 shares at $34.00, net proceeds ~$47.3M after underwriting costs.
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Bowman FY23 revenue up 32% to $346.3M, net loss $6.6M vs income $5.0M; guides FY24 NSB $363-$378M
Full-year gross revenue $346.3M (+32% YoY); net service billing $304.0M (+29% YoY).
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Bowman Consulting reports preliminary FY2023 results; exact figures not disclosed in filing excerpt
Company issued press release with preliminary 2023 Net Service Billing and Adjusted EBITDA results.
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Bowman Consulting authorizes $10M share repurchase program through Nov 2024
Board authorized new $10M share repurchase program, effective Nov 17, 2023 through Nov 16, 2024.
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Bowman Q3 revenue up 33% to $94.4M; adjusted EBITDA up 57%; narrows FY2023 guidance, introduces FY2024 outlook
Q3 gross revenue $94.4M (+33% YoY); net service billing $82.1M (+27%); net income $1.2M vs $3.4M prior year.
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Bowman reports Q2 revenue $82.8M (+33% YoY), net loss $0.6M; raises FY23 guidance
Gross revenue $82.8M vs $62.4M YoY; net loss $(0.6)M vs $(0.3)M.
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Bowman Consulting officers and directors adopt 10b5-1 plans to sell shares
COO Michael Bruen plans sale of up to 30,000 shares from Sept 2023 to Feb 2024.
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Bowman Consulting stockholders elect two Class II directors, ratify E&Y as auditor
Director Michael Bruen: 9,224,840 votes FOR, 92,032 WITHHELD; Patricia Mulroy: 7,910,482 FOR, 1,997,617 WITHHELD; both elected.
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Bowman Consulting beats Q1 estimates, raises FY 2023 guidance
Net service billing $67.6M (+42% YoY); organic growth 12%.
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Bowman Consulting reports record FY 2022 revenue of $261.7M; raises FY 2023 guidance
Q4 2022 gross revenue $75.6M (+80% YoY); net service billing $66.2M (+75% YoY).
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Bowman Consulting amends STIP to allow stock; 2023 elections disclosed
Board amended Short-Term Incentive Plan to permit stock awards in lieu of cash for annual bonuses.
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Bowman Consulting four execs enter/modify 10b5-1 plans for up to 137k shares
COO Bruen new plan for 46k shares (replaces prior 30k plan).
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Bowman Consulting ups revolving credit line to $50M from $25M; term ends Sep 2024
Amended and Restated Credit Agreement with Bank of America increases revolver to $50M (from $25M).
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Bowman Consulting Q3 revenue $71.2M (+79% YoY); raises FY2022 guidance, introduces FY2023 outlook
Gross revenue $71.2M (+79% YoY); net income $3.4M vs $0.4M YoY.
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Bowman Consulting Q2 net service billing up 74% YoY; raises 2022 outlook
Gross revenue $62.4M (up 71% YoY); net service billing $56.4M (up 74% YoY).
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Bowman Consulting files financial details of McMahon acquisition; FY2021 revenue $28.5M
McMahon's audited FY2021 net revenue $28.5M, net income $3.59M (incl. $3.3M PPP forgiveness).
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Bowman Consulting CEO's 10b5-1 plan allows up to 5,000 shares/month at min $16 price
Plan covers up to 30,000 shares over 12 months from Sept 2022 to Aug 2023.
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CEO Gary Bowman adopts 10b5-1 plan to sell up to 30,000 shares of BWMN common stock
Plan covers up to 30,000 shares, with sales from September 2022 through August 2023.
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Bowman Consulting extends revolving credit to $25M, extends to July 2024; officers adopt 10b5-1 plans
Seventh Amendment with Bank of America increases revolving line max to $25M and extends term to July 31, 2024.
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Bowman Consulting annual meeting elects directors, ratifies auditor
Gary Bowman and Stephen Riddick elected as Class I directors with 7.67M and 7.70M votes for.
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Bowman Consulting Q1 revenue up 65% to $52.5M; raises FY2022 outlook
Q1 gross revenue $52.5M, net income $1.5M (+50% YoY); Adj EBITDA $7.4M (+81%).
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Bowman Consulting acquires McMahon Associates for ~$18.3M; adds ~$28M annual transportation revenue
Aggregate consideration $18.3M: $7.5M cash, $3.4M seller notes, 476,796 restricted shares at $15.73 per share.
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Bowman Consulting finalizes 2021 executive non-equity incentive comp, increases from prospectus
CEO Bowman earned $387,466 in non-equity incentive; total compensation $8,305,435.
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Bowman Consulting Q4 revenue up 40% YoY to $41.9M; raises FY 2022 guidance
Gross revenue $41.9M in Q4 (+40% YoY); net service billing $37.8M (+44% YoY).
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Bowman Consulting closes over-allotment option, raising additional $2.5M in follow-on offering
Underwriters exercised overallotment for 157,500 shares at $16.00/share; closed March 2, 2022.
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Bowman Consulting closes follow-on offering of 1.05M shares at $16.00, net ~$13.6M
Company sold 900k shares and selling stockholders sold 150k shares at $16.00/share.