Company: BWMN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050314
Chunk: 138

Company: Bowman Consulting Group Ltd.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 138
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 to our workforce, respectively.

Other direct payroll costs, the component of direct payroll costs associated with fringe and incentive compensation (cash and non-cash) increased by $0.2 million or 0.7% to $30.6 million as compared to $30.4 million.

Sub-consultants and other direct expenses increased $8.6 million or 26.6% to $40.9 million for the nine months ended September 30, 2025 as compared to $32.3 million for the nine months ended September 30, 2024. For the nine months ended September 30, 2025 and 2024, sub-consultant and other direct expenses represented 11.3% and 10.3% of gross contract revenue, respectively.

Operating Expense

Total operating expense increased $9.1 million or 5.5% to $175.1 million for the nine months ended September 30, 2025 as compared to $166.0 million for the nine months ended September 30, 2024. 

Selling, general and administrative expenses increased $9.6 million or 6.6% to $155.4 million for the nine months ended September 30, 2025, as compared to $145.8 million for the nine months ended September 30, 2024. Indirect labor 

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increased $5.7 million or 8.7% to $71.1 million as compared to $65.4 million primarily due to an increase in staffing to accommodate growth. General overhead increased $5.9 million or 12.0% to $55.2 million as compared to $49.3 million due to increased costs associated with the overall growth of the Company.

Depreciation and amortization decreased $0.6 million or (2.9)% to $20.0 million for the nine months ended September 30, 2025 as compared to $20.6 million for the nine months ended September 30, 2024. The net gain on the sale of certain IT equipment and automobiles decreased ($0.1) million to $0.3 million of gain for the nine months ended September 30, 2025, as compared to $0.4 million of gain for the nine months ended September 30, 2024. 

Other (Income) Expense

Other expense decreased by $0.2 million to $5.8 million of expense for the nine months ended