Comparing the current results to its competitors, Nv5 Global Inc reported Revenue increase in the 2 quarter 2025 by 6.53 % year on year, while most of its competitors have experienced contraction in revenues by -12.64 %, achieved in the same quarter.
Nv5 Global Inc Net Income in the 2 quarter 2025 grew year on year by 47.82%, faster than the Nv5 Global Inc 's competitors average income growth of 17.25 %
Nv5 Global Inc 's Comment on Competition and Industry Peers
The engineering, geospatial, and consulting industry is characterized by fragmentation, with numerous small companies operating in regional markets or specialized niches. Competition varies by market, geography, and project scope, with providers competing on service quality, experience, staffing, reputation, geographic presence, stability, and price. Price is particularly significant in public sector contracts. Competitive advantages include economies of scale and diversified service offerings. Success factors encompass marketing, client relationships, cost estimation, work quality, personnel hiring and training, and insurance. Principal competitors in the industry include AECOM, AMEC Foster Wheeler, and Bureau Veritas SA.
With revenue growth of 6.53 % within Overall company, Nv5 Global Inc achieved improvement in market share, within Overall company to approximately 3.17 %. << More on NVEE Market Share.
*Market share is calculated based on total revenue.
December 16, 2024
In a significant move toward enhancing the United States energy independence, NV5 Global Inc. has announced the award of a $10 million contract by the U.S. Geological Survey (USGS). This funding is designated for critical mineral geospatial projects, which will play a crucial role in supporting geological research across various regions. The main of these projects is to advance the Earth Mapping Resources Initiative (Earth MRI), a program aimed at identifying and managing essential minerals domestically, thereby reducing reliance on international suppliers.As global demand for critical minerals continues to surge driven by the transition to energy independence NV5 is positioning itself as a key player in t...
December 19, 2024
Rebuilding Resilience: NV5 s $7 Million Commitment to Philadelphia s Infrastructure Future In a significant boost to both urban infrastructure and community resilience, NV5 Global, Inc. a leader in technology, certification, and consulting solutions, has recently secured over $7 million in infrastructure design contracts from the City of Philadelphia. This investment aligns with the city’s overarching vision of creating sustainable and resilient neighborhoods while enhancing the day-to-day lives of its residents. The awarded contracts will focus on a series of critical projects slated for completion by 2028, marking a notable chapter in Philadelphia’s journey towards modernizing its infrastructure to acc...
November 6, 2024
In a series of announcements, NV5 Global, Inc. (Nasdaq: NVEE), a provider of technology, certification, and consulting solutions, has reported significant contract awards totaling $22 million for various infrastructure projects. On November 6, 2024, the company announced it was awarded a $7 million contract for the engineering design and construction management of the Lake Havasu City Second Bridge and Roadway Project in Arizona. This vital infrastructure initiative aims to establish a second thoroughfare connecting the mainland to Lake Havasu Island, a location that has historically relied on a single point of entry for access. With a duration of three years, this project highlights NV5’s role in enhancin...
September 24, 2024
Geospatial and Infrastructure Success: NV5 s Expanding Reach in the Public Sector In a landscape where technology and infrastructure aptly define progress, NV5 Global, Inc. (Nasdaq: NVEE) continues to solidify its presence as a pivotal player. With a spate of recent award announcements, the company has once again demonstrated its exceptional capacity for delivering high-stakes, high-impact solutions in geospatial intelligence and infrastructure projects. Breaking New Grounds with the National Geospatial-Intelligence Agency (NGA) The most compelling among NV5 s recent wins is the staggering up-to-$290 million contract awarded by the National Geospatial-Intelligence Agency (NGA). Announced on September 24, 202...
July 15, 2024
NV5 Global, Inc. has proven its prowess as a leading provider of technology, conformity assessment, and consulting solutions through a series of impressive contract wins. The company s recent achievements include securing a $7 million contract for electrical transmission undergrounding in Northern California, $12 million in federal defense and intelligence geospatial contracts, and $13 million in data center mission critical wins. These significant contracts underscore NV5 s reputation for excellence across various industries, positioning it as a key player in critical infrastructure development and maintenance.NV5 s $7 Million Contract for Electrical Transmission Undergrounding:One of NV5 s notable achievem...
May 23, 2024
NV5 Global, Inc. (Nasdaq: NVEE), a leading provider of technology, conformity assessment, and consulting solutions, has been awarded a significant $12 million in geospatial contracts targeting the defense, intelligence, and federal civilian sectors. The company, headquartered in Hollywood, Florida, announced these contract wins on May 23, 2024, marking a substantial growth in its portfolio and reaffirming its pivotal role in addressing national security concerns both domestically and internationally.The contracts spread across six different branches of the U.S. Department of Defense (DoD), underline NV5 s diverse capabilities and its importance to strategic defense initiatives. These new engagements will hav...
May 20, 2024
HOLLYWOOD, Fla., May 20, 2024 - NV5 Global, Inc. (Nasdaq: NVEE), a leading provider of technology, conformity assessment, and consulting solutions, has taken a significant step forward in enhancing its subscription-based services with the recent acquisition of myBIMteam (TMCADD Consulting Services, LLC). The strategic acquisition allows NV5 to strengthen its building information modeling (BIM), reality capture, and digital twin solutions.myBIMteam, established in 2003, offers comprehensive building digitization services that cater to the needs of building owners, facility managers, and architects. By providing these services on a subscription basis, myBIMteam facilitates asset management and enhances energy...
February 29, 2024
NV5 Global, Inc., a leading provider of technology and consulting solutions, has recently announced that it has been awarded a $5 million contract by the City of San Diego. This three-year contract will involve NV5 providing vital land surveying, mapping, and digitizing services to support various municipal infrastructure projects throughout the city.The City of San Diego recognized the need for accurate and up-to-date data to effectively plan and execute infrastructure projects. With a growing population and increasing urbanization, it is crucial for the city to have precise information on the existing infrastructure to make informed decisions regarding new developments and improvements. To achieve this, th...
January 3, 2024
NV5 Global, Inc. continues to secure significant contracts, as the company recently announced two major achievements. The first contract, valued at $5 million, was awarded by the Hi-Desert Water District in California. NV5 will be responsible for transforming approximately 4,000 San Bernardino County residences from on-site septic systems to a centralized sewer wastewater treatment system. This two-year project demonstrates NV5 s expertise in technology, conformity assessment, and consulting solutions.In addition to the California contract, NV5 has also secured contracts worth approximately $7 million from the North Carolina Department of Transportation (NCDOT). These contracts will enable NV5 to provide sup...
Aecom's business model is centered around providing professional services in engineering, design, planning, consulting, and other related areas for infrastructure projects worldwide.
Jacobs Solutions Inc is a technology consulting firm that specializes in delivering tailored solutions to clients in diverse industries, addressing their unique challenges and objectives. The company generates revenue by leveraging its expertise to provide project implementation, ongoing support, and strategic guidance, helping organizations enhance their technology infrastructure and operational efficiency. Through a client-centric approach, Jacobs Solutions fosters long-term partnerships that drive innovation and transformation in their clients businesses.
Stantec Inc operates as a global professional services company specializing in design and consulting. The company provides a wide range of services in areas such as infrastructure, buildings, water, energy, and environmental consulting, serving clients across various industries.
Tetra Tech Inc operates as a consulting and engineering services company. Their business model focuses on providing comprehensive solutions for complex environmental, infrastructure, and natural resource challenges across various sectors, including water, energy, transportation, and government services. Through their expertise, they aim to deliver innovative and sustainable solutions to their clients globally.
Sources:
Nv5 Global Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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