earnings
confidence high
sentiment positive
materiality 0.65
WidePoint Q1 2026 revenue $40.6M (+21% YoY); swings to net income $77K
WIDEPOINT CORP
2026-Q1 EPS
reported $0.01
vs consensus -$0.12
▲ beat
(+108.3%)
- Revenue $40.6M, up $7.1M from Q1 2025; gross margin 14% (34% ex-carrier services).
- Net income $77K ($0.01 EPS) vs net loss $724K ($0.08 loss) in Q1 2025.
- Adjusted EBITDA $752K (+714% YoY); free cash flow $674K (+941% YoY).
- Federal contract backlog $218M; unrestricted cash $10.9M with no bank debt.
- Achieved 35th consecutive quarter positive Adjusted EBITDA and 10th consecutive positive free cash flow.
item 2.02item 9.01