Company: BWMN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050314
Chunk: 2

Company: Bowman Consulting Group Ltd.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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 (3,412)Other expense2,018 1,572 5,764 6,000 Income (loss) before tax benefit3,274 (1,139)9,708 (9,412)Income tax benefit(3,344)(1,910)(1,175)(6,543)Net income (loss)$6,618 $771 $10,883 $(2,869)Earnings allocated to non-vested shares303 53 $539 $– Net income (loss) attributable to common shareholders$6,315 $718 $10,344 $(2,869)Earnings (loss) per share    Basic$0.38 $0.04 $0.63 $(0.18)Diluted$0.37 $0.04 $0.62 $(0.18)Weighted average shares outstanding:   Basic16,471,14516,537,47216,387,59015,559,279Diluted16,891,87716,835,33716,756,22715,559,279

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 September 30,For the Nine MonthsEnded September 30,2025202420252024Net income (loss)$6,618 $771 $10,883 $(2,869)Other comprehensive lossPension and post-retirement adjustments(33)(10)(97)(31)Other comprehensive loss(33)(10)(97)(31)Income tax provision related to items of other comprehensive loss– – – – Other comprehensive loss, net of tax(33)(10)(97)(31)Comprehensive income (loss), net of tax$6,585 761 $10,786 (2,900)

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 September 30, 2025 and 2024

(Amounts in thousands except per share