Filing Flows › Bowman Consulting Group (BWMN) › Q3 2026
Bowman Consulting Group (BWMN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Bowman Consulting Group (BWMN) reported revenue of $149M for the third quarter 2026 (Q3 2026), +18% from a year earlier and +2% from the quarter before. Operating margin was 2.3%, net loss $2.0M (1.3% of revenue).
Bowman Consulting Group, Q3 2026: revenue $149M (+18% year over year), operating margin 2.3%, net loss $2.0M, operating cash flow $5.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $149M | +2% | +18% |
| Operating profit | $3.4M | -58% | -36% |
| Net earnings | −$2.0M | -180% | -130% |
| Operating cash flow | $5.6M | — | -45% |
| Free cash flow | $1.8M | — | -83% |
What changed
Revenue was $148.7M in Q3 2026, up 18% year over year and up 2% from the previous quarter.
Operating profit was $3.4M, a 2.3% margin (down 1.9 points year over year). Operating profit fell $1.9M even though revenue rose $22.7M versus Q3 2025, so costs grew faster than sales. Total costs grew 20% against revenue growth of 18%. The fastest-growing cost line was Cost of revenue (+21%). The quarter ended with a net loss of $2.0M, after a profit of $2.5M the previous quarter. Net interest and other expense of $4.7M was the main reason.
Operating cash flow was $5.6M (down 45% year over year). Non-cash charges added back $5.5M of depreciation and amortization and $6.7M of share-based compensation. Working capital and other items used $4.6M. Capital expenditures of $3.8M left free cash flow of $1.8M.
Questions
What was Bowman Consulting Group's revenue in the third quarter 2026?
Bowman Consulting Group (BWMN) reported revenue of $149M for the third quarter 2026 (Q3 2026), +18% from a year earlier and +2% from the quarter before.
Was Bowman Consulting Group profitable in the third quarter 2026?
Operating profit was $3.4M (2.3% of revenue) and net loss $2.0M.