Core Viewpoint - Bowman Consulting Group Ltd. is set to release its financial results for the second quarter of 2025 on August 6, 2025, with a subsequent webcast scheduled for August 7, 2025, to discuss these results [1]. Company Overview - Bowman Consulting Group Ltd. is a national engineering services and project management firm headquartered in Reston, Virginia, providing infrastructure solutions across various regulated end markets [3]. - The company employs over 2,400 individuals and operates 100 offices throughout the United States, offering a range of services including planning, engineering, geospatial, construction management, commissioning, environmental consulting, and land procurement [3]. - Bowman trades on the Nasdaq under the ticker symbol BWMN [3].

Core Insights - Bowman Consulting Group Ltd. has been awarded a federal task order by the U.S. Geological Survey to lead aerial lidar data collection for the 3D Elevation Program, which aims to create a national baseline of high-resolution topographic data [1][2] - The task order covers over 8,800 square miles in regions affected by Hurricane Helene, with Bowman responsible for aerial acquisition and lidar processing, while Merrick & Company will manage the project and conduct ground surveys [2][3] - Bowman has successfully collected and processed over 150,000 square miles of lidar data under the Geospatial Products and Services Contract, reinforcing its position in high-barrier federal programs [3] Company Overview - Bowman Consulting Group is headquartered in Reston, Virginia, and employs over 2,400 staff across more than 100 locations in the U.S., providing a range of engineering and project management services [5] - The company specializes in infrastructure, technology, and project management solutions for clients in various regulated markets [5]

Core Viewpoint - Bowman Consulting Group Ltd. has entered into a definitive purchase agreement to acquire e3i Engineers, enhancing its capabilities in data center engineering and energy infrastructure [1][3]. Company Overview - Bowman Consulting Group Ltd. is a national engineering services firm headquartered in Reston, Virginia, with over 2,400 employees across 100 locations in the U.S. [5]. - e3i Engineers, based in Boston, Massachusetts, specializes in the design of data centers and energy infrastructure, with a portfolio exceeding 3.2 million square feet of designed data center space [2][4]. Strategic Importance of Acquisition - The acquisition of e3i is seen as a strategic move to expand Bowman's services beyond site and civil infrastructure into the core of data center engineering [3]. - e3i's expertise in AI-optimized data center design and innovative cooling technologies positions Bowman for long-term growth in data, digital, and distributed energy markets [2][3]. Financial Aspects - The acquisition will be financed through a combination of cash, seller notes, and a convertible note, aligning with previously discussed target multiples and operating metrics [3]. - Bowman anticipates that the acquisition will initially operate at an annualized net service billing run rate of approximately $2.0 million [3].

Core Insights - Bowman Consulting Group Ltd. has been awarded a continuation contract for the National Resource Inventory (NRI) program, focusing on aerial acquisition and orthoimagery services covering approximately 11.2 million acres across the United States [1][2] - The NRI program will survey around 70,000 sites, averaging 160 acres each, to assess the status and trends of natural resources [2] - The company's strategy emphasizes building multi-year federal revenue streams, leveraging advanced geospatial technology, and maintaining long-term client relationships to enhance revenue and value delivery [3] Company Overview - Bowman Consulting Group Ltd. is headquartered in Reston, Virginia, and operates as a national engineering services firm with over 2,400 employees across more than 100 locations in the U.S. [4] - The firm provides a wide range of services including planning, engineering, geospatial, construction management, and environmental consulting to various regulated markets [4] - Bowman trades on the Nasdaq under the symbol BWMN, indicating its public company status [4]

NASDAQ: BWMN INFRASTRUCTURE ENGINEERING FOR THE BUILT ENVIRONMENT TRANSPORTATION POWER & UTILITIES ENERGY BUILDINGS & STRUCTURES NATURAL RESOURCES Fireside Chat | Bank of America | December 10, 2024 Bruce Labovitz Chief Financial Officer Safe Harbor Statement Please note that many of the comments made today are considered forward-looking statements under federal securities laws. As described in our filings with the SEC, these statements are subject to numerous risks and uncertainties that could cause future ...

Financial Performance & Growth - Gross Revenue increased from $122 million in 2020 to $427 million in 2024[10] - Net Service Billing grew from $104 million in 2020 to $380 million in 2024[10] - Adjusted EBITDA increased from $14 million in 2020 to $60 million in 2024[10] - Q1 2025 saw a 19% YoY growth in Gross Contract Revenue and 17% YoY growth in Net Service Billing[24] - Adjusted EBITDA for Q1 2025 grew by 20% YoY[24] Backlog & Market Diversification - Gross Backlog increased significantly, reaching $419 million in Q1 2025, compared to $330 million in Q1 2024, a 39% increase[35] - Transportation accounted for 33% and Building Infrastructure for 39% of the Gross Backlog Mix in Q1 2025[35] - Building Infrastructure accounted for 56% of Organic Net Revenue by Market in Q1 2025, with Transportation, Power & Utilities, and Emerging Markets accounting for 19%, 19%, and 6% respectively[30] Capital Allocation & Strategy - Purchased $6.7 million of common stock in Q1 and continued buybacks into Q2 with $5.3 million as of May 2, 2025[38] - The company had 17.2 million shares outstanding on May 2, 2025[38] FY 2025 Guidance - The company projects Net Revenue between $428 million and $440 million and Adjusted EBITDA between $70 million and $76 million for FY 2025[48]

Financial Performance & Growth - Bowman's Gross Revenue increased from $122 million in 2020 to $427 million in 2024[10] - Net Service Billing grew from $104 million in 2020 to $380 million in 2024[10] - Adjusted EBITDA increased from $14 million in 2020 to $60 million in 2024[10] - Adjusted EBITDA Margin, Net increased from 13% in 2020 to 16% in 2024[10] - First Quarter 2025 saw a 19% YoY growth in Gross Contract Revenue and 17% YoY growth in Net Service Billing[24] - First Quarter 2025 Adjusted EBITDA grew by 20% YoY[24] Backlog & Visibility - Gross Backlog has shown consistent growth, reaching $419 million in 1Q25, compared to $330 million in 1Q24, a 39% increase[35] Capital Allocation & Strategy - The company purchased $6.7 million of common stock in Q1 and continued buybacks into Q2 of $5.3 million as of 05/02/25[38] - Bowman has completed 35+ acquisitions since IPO[11] - Since 2021, Bowman has added >$60 million of annualized net service billing from acquisitions each year[44] 2025 Guidance - The FY 2025 Net Revenue guidance is $428 - $440 million and Adjusted EBITDA guidance is $70 - $76 million[48]

Core Insights - Bowman Consulting Group Ltd. has been awarded a $1.5 million contract for a $24 million municipal water system upgrade in Del Norte, Colorado, marking the town's largest water infrastructure project to date [1][2] - The project will replace a water system over 60 years old, addressing issues such as line breaks and rising maintenance costs, and includes significant infrastructure upgrades [3][4] Company Overview - Bowman Consulting has a decade-long relationship with Del Norte, having supported nearly ten local initiatives, including roadway improvements and a downtown beautification initiative [2] - The company emphasizes its experience in water infrastructure as a critical factor in capturing a growing market, with the EPA estimating over $625 billion needed for water infrastructure improvements in the next 20 years [4][5] Strategic Positioning - The project aligns with Bowman's long-term strategy to expand its presence in essential public infrastructure, aiming to generate durable, high-value backlog [3][4] - Bowman's capabilities in managing complex infrastructure projects are highlighted as a strength that supports steady business growth and community benefits [5]

Core Viewpoint - Bowman Consulting Group Ltd. has announced a new share repurchase program authorizing the repurchase of up to $25 million of its common stock over the next 12 months starting June 9, 2025, replacing the previous authorization that ends on June 6, 2025 [1][2]. Group 1: Share Repurchase Program - The new share repurchase program allows the company to buy back shares based on management's discretion, considering factors such as share price, market conditions, and capital allocation priorities [2]. - The repurchase may occur through various means, including open market purchases and privately negotiated transactions, and is subject to applicable securities laws [2]. - The program does not obligate the company to repurchase a specific number of shares and can be suspended or modified at any time without notice [2]. Group 2: Company Overview - Bowman Consulting Group Ltd. is a national provider of technical engineering and program management services, headquartered in Reston, Virginia [3]. - The company employs over 2,400 individuals across 100 locations in the United States, offering a range of services including planning, engineering, geospatial, construction management, and environmental consulting [3]. - Bowman trades on the Nasdaq under the symbol BWMN [3].

Group 1 - Bowman Consulting Group Ltd. will celebrate its 30th anniversary by ringing the Nasdaq Stock Market opening bell on June 9, 2025 [1][2] - The event will feature founder and CEO Gary Bowman, along with the leadership team and employees, highlighting the company's evolution as a trusted provider of engineering services [2][3] - Since its founding in 1995, Bowman has transformed from a small civil engineering firm into a national engineering and project management company, achieving significant growth through geographic and service line expansion, over 35 acquisitions, and a four-fold increase in revenue [3][4] Group 2 - Bowman Consulting is headquartered in Reston, Virginia, and employs over 2,400 people across more than 100 locations in the United States [4] - The company provides a wide range of services including planning, engineering, geospatial, construction management, commissioning, environmental consulting, and land procurement to various regulated end markets [4]