The stock may face pressure from the GAAP EPS miss, but strong operational metrics and raised guidance could limit downside. Watch for margin expansion trajectory and future acquisition contributions. The raised guidance suggests management confidence, but GAAP profitability remains a concern.
Price Chart
Executive Summary
Bowman Consulting reported Q1 2026 GAAP EPS of -$0.22, a significant miss vs consensus of $0.06, with net loss widening to $3.7M. However, gross contract revenue rose 12% YoY to $126.5M, net service billing grew 14%, and backlog surged 56% to $652.7M. The company raised full-year 2026 net revenue guidance to $520-$540M, signaling confidence in organic growth.
Key Financial Metrics
Key Facts
- GAAP EPS of -$0.22 vs consensus $0.06 (strong miss)
- Gross contract revenue $126.5M, up 12% YoY
- Net service billing $114.2M, up 14.1% YoY; organic NSB up 6.0%
- Adjusted EBITDA $16.8M, up 15.8%, margin 14.7%
- Gross backlog $652.7M, up 55.9% YoY
- Raised FY2026 net revenue guidance to $520-$540M (from $495-$510M)
- Repurchased 288K shares for $9.2M in Q1
- Net loss widened to $3.7M from $1.7M in prior year
Financial Impact
GAAP EPS miss of $0.28 vs consensus; revenue beat not quantifiable without consensus; guidance raised by $25M at midpoint
Risk Factors
- Continued GAAP net losses despite revenue growth
- Integration risks from acquisitions
- Dependence on government contracts and renewal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3288346 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | SC 13D/A | $42.83 | awaiting T+20 | — | $42.90 (+0.16%) |
Oct 14, 2026 12d ago | DEFA14A | $42.79 | awaiting T+20 | — | $42.90 (+0.26%) |
Oct 14, 2026 12d ago | DEFA14A | $42.79 | awaiting T+20 | — | $42.90 (+0.26%) |
Oct 5, 2026 22d ago | DEFM14A | $42.76 | awaiting T+20 | — | $42.90 (+0.33%) |
Sep 25, 2026 4w ago | PREM14A | $42.61 $42.85 | ▲ +0.56% | ▲ +0.59% | $42.90 (+0.68%) |
Sep 14, 2026 6w ago | DEFA14A | $42.46 $42.74 | ▲ +0.66% | ▼ −2.06% | $42.90 (+1.04%) |
Sep 14, 2026 6w ago | DEFA14A | $42.46 $42.74 | ▲ +0.66% | ▼ −2.06% | $42.90 (+1.04%) |
Sep 14, 2026 6w ago | DEFA14A | $42.46 $42.74 | ▲ +0.66% | ▼ −2.06% | $42.90 (+1.04%) |
Sep 14, 2026 6w ago | DEFA14A / 8-K | $42.43 $42.80 | ▲ +0.87% | ▼ −1.39% | $42.90 (+1.11%) |
Sep 14, 2026 6w ago | Press Release | $42.43 $42.80 | ▲ +0.87% | ▼ −1.39% | $42.90 (+1.11%) |
US Market Status
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