Company: BWMN
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-039001
Chunk: 5

Company: Bowman Consulting Group Ltd.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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1,235)10,180 (3,845)Other expense1,636 2,027 3,746 4,428 Income (loss) before tax benefit7,408 (3,262)6,434 (8,273)Income tax expense (benefit)1,399 (1,180)2,169 (4,633)Net income (loss)$6,009 $(2,082)$4,265 $(3,640)Earnings allocated to non-vested shares307 – $218 $– Net income (loss) attributable to common shareholders$5,702 $(2,082)$4,047 $(3,640)Earnings (loss) per share    Basic$0.35 $(0.13)$0.25 $(0.24)Diluted$0.34 $(0.13)$0.24 $(0.24)Weighted average shares outstanding:   Basic16,331,96416,301,92616,344,17315,064,827Diluted16,583,03416,301,92616,589,78715,064,827

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

3

BOWMAN CONSULTING GROUP LTD.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Amounts in thousands)

(Unaudited)

For the Three MonthsEnded June 30,For the Six MonthsEnded June 30,2025202420252024Net income (loss)$6,009 $(2,082)$4,265 $(3,640)Other comprehensive lossPension and post-retirement adjustments(32)(10)(64)(21)Other comprehensive loss(32)(10)(64)(21)Income tax provision related to items of other comprehensive loss– – – – Other comprehensive loss, net of tax(32)(10)(64)(21)Comprehensive income (loss), net of tax$5,977 (2,092)$4,201 (3,661)

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

4

BOWMAN CONSULTING GROUP LTD. 

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY

For the Three Months Ended June 30,