Widepoint Corp. (WYY)
:WYY
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Earnings Data
Report Date
Aug 17, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
<0.01Last Year’s EPS
-0.06Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated strong operational and financial momentum: revenue grew 21% YoY, adjusted EBITDA and free cash flow improved materially and the company reported its first net income quarter since 2021. Management highlighted meaningful near-term catalysts (CWMS 3.0 and a major carrier SaaS implementation) and a healthy federal backlog ($218M). However, several material uncertainties remain — most notably the timing and recognition of the CWMS 3.0 award, DHS funding impacts on billable services, margin pressure from revenue-mix shifts, and some ambiguity on the carrier ramp timing and revenue recognition. On balance, the positive financial trends, backlog, cash position and visible catalysts outweigh the execution and timing risks discussed on the call.Company Guidance
Revenue Growth
Total revenue of $40.6M for Q1 2026, up $7.1M or 21% year-over-year versus $33.5M in Q1 2025.
Profitability Improvements — Adjusted EBITDA and Free Cash Flow
Adjusted EBITDA rose to $752K (from $92K a year ago) and improved 64% sequentially from Q4; free cash flow increased to $674K (from $65K a year ago) and improved 101% sequentially.
Net Income Positive
Reported net income of $77K (EPS $0.01) in Q1 2026 vs a net loss of $724K (loss $0.08 per share) in the same period last year — first net income positive quarter since 2021.
Strong Federal Backlog and Cash Position
Federal contract backlog totaled $218M as of March 31, 2026; unrestricted cash balance of $10.9M and an available revolving facility (~$4M renewal in process).
Carrier SaaS Implementation Progress
Implementation and functionality testing progressing on the major carrier SaaS contract; management expects to begin recognizing revenue in H2 2026 and expects meaningful device ramp (management cited expectation to manage ~1/3 of devices by end of 2026, with some public comments suggesting full ramp by year-end).
CWMS 3.0 Position and Contract Extensions
Management states WidePoint is well positioned for the CWMS 3.0 award and noted the CWMS 2.0 ordering period was extended to June 24, 2026 with ~$100M ceiling remaining under 2.0 to fund interim work if needed.
Commercial Pipeline and DaaS Opportunity
Growing Device-as-a-Service and IT-as-a-Service pipeline with CDW partnership; secured a managed services engagement with a national beverage bottler granting WidePoint exclusive procurement/inventory access; management highlights potential Fortune 100 opportunities that could materially impact growth.
MobileAnchor Traction
MobileAnchor deployments underway with FAA, DOJ, HUD OIG and discussions ongoing with DOE and Treasury, indicating cross-agency adoption momentum.
WYY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WYY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $8.98 | $10.30 | +14.70% |
Mar 25, 2026 | $5.39 | $4.77 | -11.50% |
Nov 13, 2025 | $6.31 | $6.20 | -1.74% |
Aug 14, 2025 | $3.44 | $3.59 | +4.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Widepoint Corp. (WYY) report earnings?
Widepoint Corp. (WYY) is schdueled to report earning on Aug 17, 2026, After Close (Confirmed).
What is Widepoint Corp. (WYY) earnings time?
Widepoint Corp. (WYY) earnings time is at Aug 17, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WYY EPS forecast?
WYY EPS forecast for the fiscal quarter 2026 (Q2) is <0.01.