Bowman Consulting Q4 adjusted EPS beats estimates

Bowman Consulting

04/03/2026 21:22

Overview

Engineering services firm's Q4 gross contract revenue rose 14%, beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company raised 2026 net service billing guidance

Outlook

Bowman raises 2026 net revenue guidance to $495 mln - $510 mln

Company maintains 2026 adjusted EBITDA margin at 17.0% - 17.5%

Company plans to invest in organic growth and technology in 2026

Result Drivers

STRATEGIC ACQUISITIONS - Bowman attributed its Q4 revenue growth to strategic acquisitions, including RPT Alliance, which expanded its power and utilities practice

ORGANIC GROWTH - The company reported double-digit growth in organic net service revenue, highlighting its focus on execution and organic growth

CREDIT FACILITY EXPANSION - Bowman increased its credit facility to $250 mln, indicating confidence in financial strength and growth potential

Company press release: ID:nGNXdQFty

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Gross Contract Revenue
Beat
$128.96 mln
$127.45 mln (8 Analysts)
Q4 Adjusted EPS
Beat
$0.45
$0.26 (7 Analysts)
Q4 EPS
$0.11
Q4 Net Income
$1.97 mln
Q4 Adjusted EBITDA
$19.90 mln
Q4 Adjusted EBITDA Margin
17.30%
Q4 Income From Operations
$4.19 mln
Q4 Operating Expenses
$66.74 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy"

Wall Street's median 12-month price target for Bowman Consulting Group Ltd is $45.00, about 38.2% above its March 3 closing price of $32.57

The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 32 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)