Filing Flows › Widepoint (WYY) › Q1 2025
Widepoint (WYY) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Widepoint (WYY) reported revenue of $33.5M for the first quarter 2025 (Q1 2025), -2% from a year earlier and -11% from the quarter before. Operating margin was -2.4%, net loss $724K (2.2% of revenue).
Widepoint, Q1 2025: revenue $33.5M (-2% year over year), operating margin -2.4%, net loss $724K, operating cash flow −$3.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $33.5M | -11% | -2% |
| Operating profit | −$816K | — | — |
| Net earnings | −$724K | — | — |
| Operating cash flow | −$3.2M | -233% | — |
What changed
Revenue was $33.5M in Q1 2025, down 2% year over year and down 11% from the previous quarter.
Gross margin was 14.3%, up 0.6 points from a year earlier. Operating costs exceeded revenue by $816K, an operating margin of -2.4%. Operating expenses grew 5% against a revenue fall of 2%. The quarter ended with a net loss of $724K, wider than the previous quarter's $356K loss.
Operating cash flow was −$3.2M. Non-cash charges added back $116K of depreciation and amortization and $199K of share-based compensation. Working capital and other items used $2.8M. Capital expenditures of $28K exceeded it, leaving free cash flow of −$3.3M.
Questions
What was Widepoint's revenue in the first quarter 2025?
Widepoint (WYY) reported revenue of $33.5M for the first quarter 2025 (Q1 2025), -2% from a year earlier and -11% from the quarter before.
Was Widepoint profitable in the first quarter 2025?
Operating loss was $816K (-2.4% of revenue) and net loss $724K.
Source: Widepoint 10-Q on SEC EDGAR.