Filing Flows › Bowman Consulting Group (BWMN) › Q4 2025
Bowman Consulting Group (BWMN) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 5, 2026
Bowman Consulting Group (BWMN) reported revenue of $129M for the fourth quarter 2025 (Q4 2025), +14% from a year earlier and +2% from the quarter before. Operating margin was 3.2%, net earnings $2.0M (1.5% of revenue).
Bowman Consulting Group, Q4 2025: revenue $129M (+14% year over year), operating margin 3.2%, net earnings $2.0M, operating cash flow $9.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $129M | +2% | +14% |
| Operating profit | $4.2M | -21% | +197% |
| Net earnings | $2.0M | -70% | -67% |
| Operating cash flow | $9.4M | -8% | -22% |
| Free cash flow | $8.1M | -20% | -33% |
What changed
Revenue was $129.0M in Q4 2025, up 14% year over year and up 2% from the previous quarter.
Operating profit was $4.2M, a 3.2% margin (up 2.0 points year over year). Of the extra revenue versus a year earlier, 18% reached operating profit, above the 1% margin then. Total costs grew 12% against revenue growth of 14%. The fastest-growing cost line was SG&A (+15%). Net earnings were $2.0M, down 67% year over year. The effective tax rate was -35.6%.
Operating cash flow was $9.4M (down 22% year over year), 476% of net earnings. Non-cash charges added back $4.7M of depreciation and amortization and $4.6M of share-based compensation. Working capital and other items used $1.9M. Capital expenditures of $1.2M left free cash flow of $8.1M.
Questions
What was Bowman Consulting Group's revenue in the fourth quarter 2025?
Bowman Consulting Group (BWMN) reported revenue of $129M for the fourth quarter 2025 (Q4 2025), +14% from a year earlier and +2% from the quarter before.
Was Bowman Consulting Group profitable in the fourth quarter 2025?
Operating profit was $4.2M (3.2% of revenue) and net earnings $2.0M.