Widepoint (WYY)
XASE:WYY
Earnings Data
Report Date
May 18, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.09Last Year’s EPS
-0.08Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a cautiously optimistic outlook. Key positives include YoY revenue growth (Q4 +12%, FY +6%), margin expansion in non-carrier services, major commercial SaaS win ($40–45M) with revenue expected to start in 2026, an operational DaaS facility and strong identity-management pipeline (Mobile Anchor pilots), a solid cash position ($9.8M) and long-running streaks of positive adjusted EBITDA (34 quarters) and free cash flow (9 quarters). Offsetting these positives are meaningful year-over-year declines in adjusted EBITDA and free cash flow, larger net losses, a one-time depreciation catch-up that inflated Q4 expense, and continued timing uncertainty around CWMS 3.0 and several SaaS/DaaS opportunities that pushed revenue recognition into 2026. Management frames these as timing-related headwinds rather than loss of contract competitiveness and highlights sequential improvement and H2 momentum. Overall, the operational and contract wins, balance sheet strength, and margin improvements in non-carrier business are judged to outweigh the reported near-term profitability headwinds and timing risks.Company Guidance
Quarterly and Annual Revenue Growth
Q4 revenue of $42.3M, up $4.6M or +12% year-over-year (from $37.7M). Full year revenue of $150.5M, up $8.0M or +6% year-over-year (from $142.6M).
Carrier and Managed Services Gains
Carrier services Q4 revenue $26.8M, up $2.2M (~+9% YoY); full year carrier services $91.9M, up $5.1M YoY. Managed services fees Q4 $10.5M, up $1.1M (~+11.7% YoY); managed services year $39.1M, up $3.3M YoY—CBP task order was a primary driver.
Gross Profit and Margin Expansion
Gross profit for Q4 $5.8M (14% margin) vs $4.8M (13%) in Q4 2024 — a ~+21% increase in gross profit and +1 percentage point margin improvement. Gross profit for the year $21.0M (14%) vs $19.0M (13%). Gross profit excluding carrier services improved to 38% in Q4 (from 36%) and to 36% for the year (from 34%).
Major SaaS and CBP Contract Awards
Awarded a $40M–$45M SaaS contract (November) to deploy ITMS for a major mobile carrier with implementation progressing and revenue recognition expected to begin in 2026. Won a managed mobility task order with U.S. Customs and Border Protection with a task order ceiling exceeding $27.5M (base year + option), which contributed to Q4 performance.
DaaS Infrastructure and Commercial Momentum
Opened a Device-as-a-Service (DaaS) facility in Columbus, Ohio; began depot maintenance, device configuration, accessory sales and recycling. Company is migrating two IT MSP clients to DaaS to increase revenue visibility and margin; commercial pipeline includes potential large opportunities (e.g., CDW/LA 2028) and expected commercial account growth in H2 2026.
Mobile Anchor & Identity Pipeline Progress
Mobile Anchor deployments expanding: HUD OIG into second year; DOJ pilot (phase 1 at 1,000 credentials targeting up to 130,000 by 2027); potential Treasury pilot (120,000); FAA discussions targeting 90,000; early DOE discussions—demonstrates promising identity-management pipeline.
Operational Resilience and Cash / Liquidity Position
Company navigated late-2025 government shutdowns with ongoing invoice processing and contract actions. Ended the year with $9.8M unrestricted cash and $4.0M revolver capacity; plans to file an ATM program for optionality but no intent to opportunistically sell at current valuations.
Consistent Positive Adjusted EBITDA and Free Cash Flow Streaks
Reported the 34th consecutive quarter of positive adjusted EBITDA and the 9th consecutive quarter of positive free cash flow, showing multi-quarter operational improvement with sequential growth in Q4 (adjusted EBITDA ~$460k; free cash flow $335k).
Spiral 4 (Navy) IDIQ Participation
Company is a winner on the Spiral 4 IDIQ (Navy) with ~$3.031B total contract ceiling and has captured eight task orders so far, positioning the company to compete for additional RFQs/task orders in 2026.
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 |
|---|---|---|---|
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% |
May 15, 2025 | $5.30 | $4.22 | -20.38% |
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 (WYY) report earnings?
Widepoint (WYY) is schdueled to report earning on May 18, 2026, After Close (Confirmed).
What is Widepoint (WYY) earnings time?
Widepoint (WYY) earnings time is at May 18, 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 (Q1) is -0.09.