Bowman Consulting

Q2 FY2026 EarningsQ2 FY26 results presented a slight beat on the top line with revenue of $146.1M vs. $145.8M expected, while GAAP EPS of $0.14 significantly missed the $0.28 consensus due to heavy strategic investments and one-time cash items. Backlog surged 50.3% YoY to $658.7M, indicating robust forward demand, and FY26 revenue guidance was reaffirmed at $520-$540M, in-line with the consensus. Simultaneously, the company announced a definitive agreement to be acquired by Bernhard Capital Partners at $43.00 per share, a substantial premium that overrides fundamental variance impacts.