Bowman Consulting (BWMN) Shares Outstanding (2020 - 2026)

For the year ended Dec 31, 2025, Bowman Consulting reported Shares Outstanding of 16.41 million, up 4.2% from the prior year.

• Annual Shares Outstanding has increased for five straight years, with a five-year compound annual growth rate of 24.9% (years ended Dec 2020 to Dec 2025).
• Across earlier years, Shares Outstanding came in at 15.75 million in the year ended Dec 31, 2024 (+26.1%), 12.49 million in the year ended Dec 31, 2023 (+14.7%), 10.89 million in the year ended Dec 31, 2022 (+44.7%) and 7.53 million in the year ended Dec 31, 2021 (+39.4%).
• Quarterly Shares Outstanding has ranged from 7.53 million in the quarter ended Dec 31, 2021 to 16.54 million in the quarter ended Sep 30, 2024 over the past five years.
• On a year-over-year basis, Shares Outstanding has increased for three consecutive quarters, with growth averaging 9.8% over the last eight quarters.
• Peak year-over-year performance for Shares Outstanding in the last five years was growth of 95.3% in the quarter ended Mar 31, 2022, against a decline of 0.4% in the quarter ended Sep 30, 2025 at the low end.
• Per Business Quant, the preceding three quarters came in at 16.45 million (quarter ended Mar 31, 2026), 16.41 million (quarter ended Dec 31, 2025) and 16.47 million (quarter ended Sep 30, 2025).