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Bowman Consulting Group Q2 2025 Earnings Call: Record Growth and Strategic Investments Drive Future Prospects
ByAinvest
Friday, Aug 8, 2025 5:54 pm ET1min read
Bowman Consulting Group reported a 17% increase in gross contract revenue and a 15% increase in net service billing for Q2, with a record 51% growth in adjusted EBITDA. Bookings in Q3 are outpacing Q2, indicating continued demand and growth potential. The company is investing $25 million in the Bowman Innovation Growth Fund to expand digital and data service offerings. However, cash flow from operations was down due to accrued bonuses and increased working capital needs, and there is an expectation of inflationary pressure on labor costs.
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