Bowman Consulting Group Ltd. Stock Price, News & Analysis

Bowman (NASDAQ: BWMN) announced on Oct 13, 2025 the acquisition of Lazen Power Engineering, a Florida firm specializing in high-voltage transmission line (HVTL) design and construction oversight.

The deal is financed with a mix of cash, seller notes and equity. Bowman expects Lazen to operate at a net service billing run rate of approximately $2.0 million initially and says the acquisition will be immediately accretive. Bowman says the purchase broadens its power & utility practice, adds HVTL technical capabilities, complements advanced geospatial transmission services, and aligns with prior energy-related acquisitions to pursue increased power services revenue.

Bowman (NASDAQ: BWMN) will release third quarter 2025 financial results after U.S. markets close on November 5, 2025.

The company will host a webcast to discuss Q3 results at 9:00 a.m. ET on November 6, 2025, hosted by founder and CEO Gary Bowman and CFO Bruce Labovitz. Investors can join the live webcast at investors.bowman.com. A replay will be available after the event.

Bowman (NASDAQ: BWMN) acquired the assets of California-based Sierra Overhead Analytics and its technology affiliate ORCaS on Oct 6, 2025, expanding Bowman’s energy practice and digital services portfolio.

The deal brings engineering, precision mapping, hydrology and proprietary design‑automation tools to Bowman’s platform, will be integrated under Bowman’s Office of Innovation, and is intended to be offered exclusively as proprietary, value‑add services to employees and clients.

Financing used cash, seller notes and a convertible note; Bowman expects an initial net service billing run rate of ~$2.2M and says the acquisition will be immediately accretive.

Bowman Consulting Group (NASDAQ: BWMN) has secured a contract for planning and design services for the West End Container Yard redevelopment at Barbours Cut Terminal in the Port of Houston. The project covers 140 acres and is part of a larger $650 million capital improvement program.

The contract marks Bowman's first container terminal planning and design services award, building on over $5 million in recent port-related assignments. The company's scope includes terminal planning, capacity upgrade schemes, and traffic flow evaluations for the terminal's reconfiguration to accommodate rubber tire gantry crane operations.

Bowman Consulting Group (NASDAQ: BWMN) has secured a significant two-year contract with the Nebraska Department of Transportation (NDOT) for statewide bridge evaluation services. The company will be responsible for inspecting 300 to 500 bridges across Nebraska, conducting condition assessments, safety inspections, and load ratings.

This contract, combined with a separate on-call professional engineering contract awarded earlier in 2025, strengthens Bowman's long-standing relationship with NDOT. The company's CEO Gary Bowman highlighted that this achievement demonstrates successful acquisition integration and will contribute to predictable, recurring revenue. Work has already commenced with initial work orders issued.

Bowman Consulting Group (NASDAQ: BWMN), a national engineering services and program management firm, has announced its participation in the upcoming D.A. Davidson's 24th Annual Diversified Industrials & Services Conference. The event will take place from September 17-19 at The Four Seasons Hotel in Nashville, Tennessee.

Bowman Consulting Group (NASDAQ: BWMN) has secured a contract with the Illinois Department of Transportation (IDOT) for preliminary engineering services on the US 30 improvement project in Morrison, Illinois. The scope includes preparing an environmental impact statement and marks Bowman's first contract in IDOT Region Two/District Two.

The $15.2 million project involves reconstructing portions of the historic Lincoln Highway, addressing two historic districts. The phase 1 work encompasses roadway widening, turn lanes, drainage upgrades, and new pedestrian and bicycle facilities. This strategic win positions Bowman for future phases of the multi-year infrastructure program.

Bowman Consulting Group (NASDAQ: BWMN) has secured a $4.5 million master service agreement with the DuPage Water Commission for construction engineering services on Section 2 of the WaterLink Pipeline Project. The project, valued at $250 million, is one of the Midwest's largest water infrastructure initiatives.

The scope includes engineering services for 6 miles of 54-inch diameter water transmission main, part of a larger 30-mile pipeline extension. The project will expand potable water services from Lake Michigan to growing Illinois suburban communities including Montgomery, Oswego, and Yorkville. Construction is scheduled from 2025 through 2028.

Bowman Consulting Group (NASDAQ: BWMN) reported strong Q2 2025 financial results, with gross contract revenue rising 17% to $122.1 million and net income reaching $6.0 million compared to a loss in Q2 2024. The company achieved record Adjusted EBITDA of $20.2 million, up 50.7% year-over-year, with margins expanding 440 basis points to 18.7%.

Notable highlights include organic net service billing growth of 8.4% and increased demand across core verticals, particularly in transportation, renewables, and energy transmission. The company's gross backlog grew 24.7% to $438.2 million. During Q2, Bowman repurchased $6.7 million of common stock at an average price of $22.19 per share and received board authorization for a new $25 million share repurchase program.

Management raised FY2025 guidance, projecting net revenue of $430-442 million and Adjusted EBITDA of $71-77 million.