Widepoint Corp income statement
In fiscal 2025, Widepoint Corp reported revenue of $151m, up 5.6% on the year before, operating income of −$2.8m (a -1.8% margin) and net income of −$2.8m, or −$0.28 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 51 | 41 | 56 | 47 | 53 | 71 | 78 | 76 | 84 | 102 | 21 | 87 | 94 | 106 | 143 | 151 | 157 |
| Cost of revenue | 38 | 32 | — | — | — | — | — | 62 | 68 | 84 | 160 | 71 | 80 | 90 | 124 | 130 | 134 |
| Gross profit | 13 | 9 | 14 | 12 | 14 | 13 | 14 | 14 | 15 | 17 | 20 | 16 | 15 | 16 | 19 | 21 | 23 |
| Research and development | — | — | — | 0 | 0 | 1 | 1 | 0 | 0 | — | — | — | — | — | — | — | — |
| Selling and marketing | 2 | 1 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
| General and administrative | 8 | 7 | 10 | 10 | 14 | 15 | 14 | 14 | 13 | 14 | 14 | 13 | 15 | 16 | 18 | 20 | 20 |
| Operating income | 3 | 0 | 1 | −1 | −5 | −5 | −4 | −3 | −0 | 1 | 3 | 1 | −20 | −4 | −2 | −3 | −1 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net interest income | — | −0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | 3 | 0 | 1 | −1 | −5 | −6 | −4 | −3 | −0 | 1 | −7 | 1 | — | −4 | −2 | −3 | −1 |
| Income tax | −4 | −0 | −0 | 0 | 4 | −0 | −0 | 0 | 1 | 0 | −3 | 1 | 5 | 0 | −0 | 0 | 0 |
| Net income | 6 | 0 | 1 | −2 | −8 | −5 | −4 | −4 | −1 | 0 | 10 | 0 | −24 | −4 | −2 | −3 | −1 |
| Diluted EPS | $1.02 | $0.00 | $0.01 | −$0.03 | −$0.12 | −$0.07 | −$0.05 | −$0.04 | −$0.02 | $0.03 | $1.20 | $0.04 | −$2.70 | −$0.46 | −$0.21 | −$0.28 | −$0.13 |
| Diluted shares (average) | 6m | 6m | 6m | 6m | 7m | 8m | 8m | 8m | 8m | 8m | 9m | 9m | 9m | 9m | 9m | 10m | 10m |
| EBITDA | 3 | 0 | 1 | −1 | −4 | −5 | −4 | −3 | 0 | 2 | 4 | 2 | −19 | −3 | −2 | −2 | −1 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 35 | 38 | 34 | 37 | 36 | 42 | 41 | 38 |
| Cost of revenue | 30 | 33 | 29 | 32 | 31 | 36 | 35 | 32 |
| Gross profit | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 |
| Selling and marketing | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| General and administrative | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 |
| Operating income | −0 | −0 | −1 | −1 | −0 | −1 | −0 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −0 | −0 | −1 | −1 | −0 | −1 | 0 | 0 |
| Income tax | −0 | 0 | −0 | −0 | 0 | 0 | −0 | 0 |
| Net income | −0 | −0 | −1 | −1 | −1 | −1 | 0 | 0 |
| Diluted EPS | −$0.04 | −$0.04 | −$0.08 | −$0.06 | −$0.06 | −$0.08 | $0.01 | $0.01 |
| EBITDA | −0 | −0 | −1 | −1 | −0 | −0 | 0 | 0 |
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