secwatch.observer — SEC 8-K summary
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Issuer:     WIDEPOINT CORP (WYY)
CIK:        0001034760
Form:       8-K
Filed at:   2026-05-20T01:37:28+00:00
Accession:  0001654954-26-005146
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WidePoint Q1 2026 revenue $40.6M (+21% YoY); swings to net income $77K
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1034760/000165495426005146/0001654954-26-005146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1034760/000165495426005146/wyy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-005146

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer