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Bowman Q2 FY26 net income drops to $2.5 million; revenue rises 19.7% to $146.1 million

PUBT·08/10/2026 11:32:10
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Bowman Q2 FY26 net income drops to $2.5 million; revenue rises 19.7% to $146.1 million
  • Bowman Consulting Group posted GAAP net income of USD 2.5 million, down from USD 6 million in the year-ago quarter; basic EPS fell to USD 0.15.
  • Gross contract revenue rose 19.7% to USD 146.1 million, while gross backlog climbed 50.3% to USD 658.7 million.
  • Non-GAAP adjusted EBITDA increased 19.2% to USD 24.1 million; adjusted EBITDA margin (net) held at 18.7%.
  • Cash used in operations totaled USD 7.9 million, due to an additional payroll, bonuses, share repurchases, tax settlement, and investments in geospatial and AI-compute.
  • Reaffirmed 2026 net revenue guidance of USD 520 million to USD 540 million; agreed to be acquired by Bernhard Capital Partners for USD 43 per share in cash.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bowman Consulting Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608100730PRIMZONEFULLFEED9806579) on August 10, 2026, and is solely responsible for the information contained therein.