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Side-by-side financial comparison of Bowman Consulting Group Ltd. (BWMN) and LINCOLN EDUCATIONAL SERVICES CORP (LINC). Click either name above to swap in a different company.

LINCOLN EDUCATIONAL SERVICES CORP is the larger business by last-quarter revenue ($142.9M vs $129.0M, roughly 1.1× Bowman Consulting Group Ltd.). LINCOLN EDUCATIONAL SERVICES CORP runs the higher net margin — 8.9% vs 1.5%, a 7.4% gap on every dollar of revenue. On growth, LINCOLN EDUCATIONAL SERVICES CORP posted the faster year-over-year revenue change (19.7% vs 13.9%). LINCOLN EDUCATIONAL SERVICES CORP produced more free cash flow last quarter ($25.0M vs $8.1M). Over the past eight quarters, LINCOLN EDUCATIONAL SERVICES CORP's revenue compounded faster (17.6% CAGR vs 16.6%).

SLR Consulting is a privately owned international sustainability consultancy with offices in Europe, North America, South America, Australasia, and Africa. In 2019, it reported revenues of £150.8 million. Its purpose is ‘Making Sustainability Happen’, which it achieves through its global team of expert advisors and technicians, who partner with clients to tackle some of the world’s most complex sustainability challenges. Its ultimate owner is Solar Holdings Topco Limited.

Lincoln Tech is an American group of for-profit postsecondary vocational institutions headquartered in Parsippany, New Jersey with campuses in Colorado, Connecticut, Georgia, Illinois, Indiana, Maryland, New Jersey, New York, Pennsylvania, Rhode Island, Tennessee, and Texas. Each campus is owned and operated by Lincoln Educational Services Corporation, a provider of career-oriented post-secondary education.

BWMN vs LINC — Head-to-Head

Bigger by revenue
LINC
LINC
1.1× larger
LINC
$142.9M
$129.0M
BWMN
Growing faster (revenue YoY)
LINC
LINC
+5.8% gap
LINC
19.7%
13.9%
BWMN
Higher net margin
LINC
LINC
7.4% more per $
LINC
8.9%
1.5%
BWMN
More free cash flow
LINC
LINC
$16.9M more FCF
LINC
$25.0M
$8.1M
BWMN
Faster 2-yr revenue CAGR
LINC
LINC
Annualised
LINC
17.6%
16.6%
BWMN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BWMN
BWMN
LINC
LINC
Revenue
$129.0M
$142.9M
Net Profit
$2.0M
$12.7M
Gross Margin
55.0%
62.3%
Operating Margin
3.2%
12.4%
Net Margin
1.5%
8.9%
Revenue YoY
13.9%
19.7%
Net Profit YoY
-66.7%
85.9%
EPS (diluted)
$0.13
$0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BWMN
BWMN
LINC
LINC
Q4 25
$129.0M
$142.9M
Q3 25
$126.0M
$141.4M
Q2 25
$122.1M
$116.5M
Q1 25
$112.9M
$117.5M
Q4 24
$113.2M
$119.4M
Q3 24
$113.9M
$114.4M
Q2 24
$104.5M
$102.9M
Q1 24
$94.9M
$103.4M
Net Profit
BWMN
BWMN
LINC
LINC
Q4 25
$2.0M
$12.7M
Q3 25
$6.6M
$3.8M
Q2 25
$6.0M
$1.6M
Q1 25
$-1.7M
$1.9M
Q4 24
$5.9M
$6.8M
Q3 24
$771.0K
$4.0M
Q2 24
$-2.1M
$-682.0K
Q1 24
$-1.6M
$-214.0K
Gross Margin
BWMN
BWMN
LINC
LINC
Q4 25
55.0%
62.3%
Q3 25
53.1%
59.5%
Q2 25
53.7%
59.8%
Q1 25
51.4%
59.7%
Q4 24
53.2%
62.2%
Q3 24
52.4%
58.0%
Q2 24
52.5%
55.7%
Q1 24
50.6%
58.4%
Operating Margin
BWMN
BWMN
LINC
LINC
Q4 25
3.2%
12.4%
Q3 25
4.2%
4.4%
Q2 25
7.4%
2.5%
Q1 25
1.0%
2.9%
Q4 24
1.2%
9.2%
Q3 24
0.4%
5.1%
Q2 24
-1.2%
-1.1%
Q1 24
-2.8%
-0.4%
Net Margin
BWMN
BWMN
LINC
LINC
Q4 25
1.5%
8.9%
Q3 25
5.3%
2.7%
Q2 25
4.9%
1.3%
Q1 25
-1.5%
1.7%
Q4 24
5.2%
5.7%
Q3 24
0.7%
3.5%
Q2 24
-2.0%
-0.7%
Q1 24
-1.6%
-0.2%
EPS (diluted)
BWMN
BWMN
LINC
LINC
Q4 25
$0.13
$0.41
Q3 25
$0.37
$0.12
Q2 25
$0.34
$0.05
Q1 25
$-0.11
$0.06
Q4 24
$0.37
$0.22
Q3 24
$0.04
$0.13
Q2 24
$-0.13
$-0.02
Q1 24
$-0.11
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BWMN
BWMN
LINC
LINC
Cash + ST InvestmentsLiquidity on hand
$11.1M
$28.5M
Total DebtLower is stronger
$57.6M
Stockholders' EquityBook value
$261.1M
$199.7M
Total Assets
$579.7M
$493.2M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWMN
BWMN
LINC
LINC
Q4 25
$11.1M
$28.5M
Q3 25
$16.2M
$13.5M
Q2 25
$15.5M
$16.7M
Q1 25
$10.7M
$28.7M
Q4 24
$6.7M
$59.3M
Q3 24
$11.7M
$54.0M
Q2 24
$23.1M
$67.0M
Q1 24
$11.7M
$68.6M
Total Debt
BWMN
BWMN
LINC
LINC
Q4 25
$57.6M
Q3 25
$29.8M
Q2 25
$32.0M
Q1 25
$36.4M
Q4 24
$38.1M
Q3 24
$36.4M
Q2 24
$38.8M
Q1 24
$26.8M
Stockholders' Equity
BWMN
BWMN
LINC
LINC
Q4 25
$261.1M
$199.7M
Q3 25
$261.8M
$185.9M
Q2 25
$249.6M
$180.7M
Q1 25
$244.1M
$177.8M
Q4 24
$246.1M
$178.3M
Q3 24
$243.2M
$170.0M
Q2 24
$235.6M
$164.9M
Q1 24
$167.3M
$164.5M
Total Assets
BWMN
BWMN
LINC
LINC
Q4 25
$579.7M
$493.2M
Q3 25
$510.2M
$466.9M
Q2 25
$538.2M
$447.3M
Q1 25
$528.7M
$427.4M
Q4 24
$505.9M
$436.6M
Q3 24
$497.0M
$404.0M
Q2 24
$463.4M
$366.4M
Q1 24
$420.5M
$355.2M
Debt / Equity
BWMN
BWMN
LINC
LINC
Q4 25
0.22×
Q3 25
0.11×
Q2 25
0.13×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.15×
Q2 24
0.16×
Q1 24
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BWMN
BWMN
LINC
LINC
Operating Cash FlowLast quarter
$9.4M
$43.5M
Free Cash FlowOCF − Capex
$8.1M
$25.0M
FCF MarginFCF / Revenue
6.3%
17.5%
Capex IntensityCapex / Revenue
0.9%
13.0%
Cash ConversionOCF / Net Profit
4.76×
3.43×
TTM Free Cash FlowTrailing 4 quarters
$33.4M
$-27.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BWMN
BWMN
LINC
LINC
Q4 25
$9.4M
$43.5M
Q3 25
$10.2M
$23.9M
Q2 25
$4.3M
$299.0K
Q1 25
$12.0M
$-8.4M
Q4 24
$11.9M
$30.3M
Q3 24
$6.8M
$5.6M
Q2 24
$3.1M
$8.3M
Q1 24
$2.5M
$-14.9M
Free Cash Flow
BWMN
BWMN
LINC
LINC
Q4 25
$8.1M
$25.0M
Q3 25
$10.1M
$2.0M
Q2 25
$4.2M
$-26.1M
Q1 25
$11.0M
$-28.3M
Q4 24
$11.7M
$5.5M
Q3 24
$6.6M
$-13.8M
Q2 24
$2.7M
$-2.7M
Q1 24
$2.3M
$-16.6M
FCF Margin
BWMN
BWMN
LINC
LINC
Q4 25
6.3%
17.5%
Q3 25
8.0%
1.4%
Q2 25
3.4%
-22.4%
Q1 25
9.7%
-24.1%
Q4 24
10.4%
4.6%
Q3 24
5.8%
-12.0%
Q2 24
2.6%
-2.6%
Q1 24
2.4%
-16.1%
Capex Intensity
BWMN
BWMN
LINC
LINC
Q4 25
0.9%
13.0%
Q3 25
0.0%
15.5%
Q2 25
0.1%
22.7%
Q1 25
0.9%
16.9%
Q4 24
0.2%
20.8%
Q3 24
0.2%
16.9%
Q2 24
0.3%
10.7%
Q1 24
0.3%
1.6%
Cash Conversion
BWMN
BWMN
LINC
LINC
Q4 25
4.76×
3.43×
Q3 25
1.54×
6.29×
Q2 25
0.71×
0.19×
Q1 25
-4.31×
Q4 24
2.02×
4.43×
Q3 24
8.81×
1.42×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BWMN
BWMN

Segment breakdown not available.

LINC
LINC

Transferred Over Time$136.0M95%
Transferred At Point In Time$6.9M5%

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