Filing Flows › Widepoint (WYY) › Q1 2026
Widepoint (WYY) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Widepoint (WYY) reported revenue of $40.6M for the first quarter 2026 (Q1 2026), +21% from a year earlier and -4% from the quarter before. Operating margin was -0.1%, net earnings $77K (0.2% of revenue).
Widepoint, Q1 2026: revenue $40.6M (+21% year over year), operating margin -0.1%, net earnings $77K, operating cash flow −$922K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $40.6M | -4% | +21% |
| Operating profit | −$58K | — | — |
| Net earnings | $77K | — | — |
| Operating cash flow | −$922K | — | — |
What changed
Revenue was $40.6M in Q1 2026, up 21% year over year and down 4% from the previous quarter. Carrier Services was the largest line at 64% of revenue. Managed Services added $3.7M year over year (up 33%), 52% of the total change.
Gross margin was 13.8%, down 0.5 points from Q1 2025. Operating costs exceeded revenue by $58K, an operating margin of -0.1%. Operating expenses grew 1% against revenue growth of 21%. Net earnings were $77K. The tax line was a benefit of $44K on pre-tax earnings of $33K. Non-operating items added $92K, 275% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$922K. Non-cash charges added back $86K of depreciation and amortization and $249K of share-based compensation. Working capital and other items used $1.3M. Capital expenditures of $78K exceeded it, leaving free cash flow of −$1.0M.
Questions
What was Widepoint's revenue in the first quarter 2026?
Widepoint (WYY) reported revenue of $40.6M for the first quarter 2026 (Q1 2026), +21% from a year earlier and -4% from the quarter before.
Was Widepoint profitable in the first quarter 2026?
Operating loss was $58K (-0.1% of revenue) and net earnings $77K.
Source: Widepoint 10-Q on SEC EDGAR.