Bowman Consulting Group Ltd.

Bowman is a professional services firm that provides integrated engineering, technical consulting, and program management services to clients involved in owning, developing, and maintaining built environments. The company offers planning, engineering, program management, commissioning, environmental consulting, geospatial imaging, surveying, land procurement, and other infrastructure management services. These services cater to customers across various end markets. Since its IPO approximately 5 years ago, Bowman's gross contract revenue increased more than four-fold to $490 million for the year ended December 31, 2025. This revenue growth was achieved through both organic expansion and acquisitions. In 2025, Bowman ranked 72nd on the ENR Top 500 Design Firms list, an increase from 144th in 2021 and 78th in 2024. As of December 31, 2025, the company has over 2,300 employees working on thousands of customer projects. Bowman operates from more than 135 locations across the United States and four offices in Mexico. As of December 31, 2025, the company has approximately 10,000 active projects in its backlog. Bowman serves both public and private sector customers as a prime or sub-consultant. Public sector clients include transportation departments, utilities, government agencies (federal, state, and local), military branches, school systems, water authorities, and other public infrastructure operators. Private sector customers include investor-owned utilities, oil & gas extractors and refiners, pipeline operators, participants in renewable energy and decarbonization, data center developers and hyper-scalers, wastewater treatment facilities, developers of residential, commercial and retail real estate, and mine operators. In 2025 and 2024, approximately 30% and 27% of Bowman's revenue, respectively, came from public sector assignments.