Monitor for the CWMS 3.0 award announcement and the carrier SaaS contract ramp, which are the key catalysts for 2026 growth. The EPS miss is on a small base and may not be a major concern if revenue growth and contract wins materialize.
Price Chart
Executive Summary
WidePoint reported Q2 2026 revenue of $40.6M (in line with $41.5M consensus) and EPS of $0.01, missing the $0.05 consensus estimate by 80%. The company highlighted its 35th consecutive quarter of positive Adjusted EBITDA and a $218M federal contract backlog, but the EPS miss and flat sequential revenue growth temper the positive narrative. The filing is neutral as the revenue was in line and the EPS miss is on a very small base, with no guidance provided to change the outlook.
Key Financial Metrics
Key Facts
- Revenue of $40.6M was in line with $41.5M consensus.
- EPS of $0.01 missed the $0.05 consensus estimate by 80%.
- 35th consecutive quarter of positive Adjusted EBITDA.
- Federal contract backlog of approximately $218 million.
- Unrestricted cash of $10.9 million with no bank debt.
- Net income improved to $77,000 from a net loss of $(724,000) in the prior year quarter.
Financial Impact
EPS miss of 80% on a $0.04/share gap, but on a very small base; revenue in line with consensus.
Risk Factors
- EPS miss of 80% vs consensus could pressure the stock in the short term.
- Dependence on government contracts (DHS) creates uncertainty around timing of awards.
- Low revenue growth and thin margins (14% gross margin) limit profitability.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001654954-26-007700 |
| Document: 0001654954-26-007700-index-headers.html | 0001654954-26-007700 |
| Document: 0001654954-26-007700-index.html | 0001654954-26-007700 |
| Document: 0001654954-26-007700.txt | 0001654954-26-007700 |
| 8-K Data (Synthetic) | 0001654954-26-007700 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | SC 13G | $6.81 | awaiting T+60 | — | $6.81 (−0.00%) |
Oct 16, 2026 10d ago | 8-K | $6.15 | awaiting T+60 | — | $6.81 (+10.73%) |
Aug 17, 2026 10w ago | 8-K | $9.09 | awaiting T+60 | — | $6.81 (−25.08%) |
Jul 7, 2026 15w ago | Insider Cluster | $12.72 $7.86 | ▼ −38.21% | ▼ −40.70% | $6.81 (−46.46%) |
Jun 30, 2026 16w ago | Insider Cluster | $16.30 $11.07 | ▲ +32.09% | ▲ +35.04% | $6.81 (+58.22%) |
Jun 30, 2026 16w ago | 8-K | $17.50 $11.17 | ▼ −36.17% | ▼ −39.73% | $6.81 (−61.09%) |
May 19, 2026 22w ago | 8-K | $9.99 $9.45 | ▼ −5.41% | ▼ −10.41% | $6.81 (−31.83%) |
May 19, 2026 22w ago | 8-K | $9.95 $11.63 | ▲ +16.88% | ▲ +10.59% | $6.81 (−31.56%) |
May 18, 2026 23w ago | DEFA14A | $9.67 $11.49 | ▲ +18.82% | ▲ +13.97% | $6.81 (−29.58%) |
Apr 30, 2026 25w ago | Press Release | $6.34 $10.70 | ▲ +68.77% | ▲ +65.66% | $6.81 (+7.41%) |
US Market Status
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