Business Description
WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in the United States and Europe. It offers TMaaS solutions through a secure federal government certified proprietary portal and through a secure enterprise portal that provides customers with the ability to manage, analyze, and protect communications assets, as well as deploy identity management solutions that provide secured virtual and physical access to restricted environments. The company’s managed solutions include telecom lifecycle management that provides customers a full visibility of its telecom assets; and mobile and identity management, a multifactor authentication solution to conduct business through a secure portal, as well as mobile security solutions that protects users, devices, and corporate resources, including effective mobile program policies. It also provides digital billing and unified communications analytics solutions to large communications service providers that enable its customers to view and analyze the bills online. In addition, the company offers IT as a service, including cybersecurity, cloud services, network operations, and professional services; outsourcing solutions, such as hardware, software, and network and associated management; development operations support, artificial intelligence implementation, and the Microsoft stack of technologies; and migration to the cloud services. Further, it provides carrier services comprising phone, data and satellite, and related mobile services for a connected device or end point. The company was founded in 1991 and is headquartered in Fairfax, Virginia.
Business History
Price Overview
Last updated: Jun 27, 2026 9:05am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -0.28
Total Equity: $11.53M
Shares: 9,669,721
Total Debt: $0.00
Cash: $9.82M
EBITDA: $642,414
Total Debt: $0.00
Cash: $9.82M
Revenue: $150.55M
Shares: 9,669,721
Revenue: $150.55M
Revenue: $150.55M
Revenue: $150.55M
Total Equity: $11.53M
Tax Rate: -3.7%
Equity: $11.53M
Total Debt: $0.00
Cash: $9.82M
Current Liabilities: $63.92M
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $11.53M
Shares: 9,669,721
Shares: 9,669,721
CapEx: -$265,469
Shares: 9,669,721
Stock Price: $16.72
Net Income: -$2.75M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 22, 2026 7:44am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $87.3M | $94.1M | $106.0M | $142.6M | $150.5M |
| Cost of Revenue | $71.0M | $79.5M | $90.4M | $123.6M | $129.5M |
| Gross Profit | $16.4M | $14.6M | $15.6M | $19.0M | $21.0M |
| Operating Expenses | $15.8M | $34.2M | $19.3M | $20.9M | $23.8M |
| Operating Income | $607,613 | -$19.6M | -$3.7M | -$1.9M | -$2.8M |
| Net Income | $341,096 | -$23.6M | -$4.0M | -$1.9M | -$2.8M |
| EBITDA | $2.9M | -$15.7M | $-302,836 | $1.6M | $642,414 |
| EPS | $0.04 | $-2.70 | $-0.46 | $-0.21 | $-0.28 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 22, 2026 7:44am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $6.5M | $7.5M | $6.9M | $6.8M | $9.8M |
| Total Current Assets | $33.1M | $28.0M | $32.8M | $55.3M | $66.2M |
| Total Assets | $80.6M | $51.2M | $51.3M | $71.6M | $79.8M |
| Current Liabilities | $26.0M | $26.1M | $31.5M | $52.9M | $63.9M |
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $38.9M | $33.5M | $36.6M | $58.0M | $68.3M |
| Total Equity | $41.7M | $17.8M | $14.7M | $13.6M | $11.5M |
| Retained Earnings | -$59.5M | -$83.1M | -$87.1M | -$89.1M | -$91.8M |
Cash Flow (Annual)
Last updated: Jun 22, 2026 7:44am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$1.2M | $6.1M | $625,248 | $1.7M | $5.7M |
| Capital Expenditure | $-258,177 | $-244,957 | $-208,202 | $-117,938 | $-265,469 |
| Free Cash Flow | -$1.5M | $5.8M | $417,046 | $1.6M | $5.4M |
| Acquisitions (net) | -$4.7M | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$1.2M | $-818,211 | $-3,627 | $0 | $0 |
| Net Change in Cash | -$9.5M | $1.1M | $-609,704 | $896,235 | $4.6M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 5:20am (3h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$148.5M $147.0M – $150.0M
|
$171.1M $170.3M – $171.9M
|
$196.9M $196.3M – $197.4M
|
$223.0M $222.4M – $223.6M
|
| EBITDA |
-$3.6M -$3.6M – -$3.6M
|
-$4.1M -$4.2M – -$4.1M
|
-$4.8M -$4.8M – -$4.8M
|
-$5.4M -$5.4M – -$5.4M
|
| Net Income |
-$2.0M -$2.6M – -$1.1M
|
$413,665 $-300,837 – $1.1M
|
$5.8M $5.7M – $5.8M
|
$12.1M $12.0M – $12.1M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 22, 2026 7:44am (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +7.7% | +12.7% | +34.5% | +5.6% |
| Gross Profit Growth | -10.9% | +7.3% | +21.5% | +10.5% |
| Operating Income Growth | -3,331.3% | +81.1% | +49.2% | -48.1% |
| Net Income Growth | -7,014.6% | +82.8% | +52.2% | -42.2% |
| EBITDA Growth | -639.4% | +98.1% | +619.6% | -59.2% |
Insider Trading (Recent)
Last updated: Jun 27, 2026 5:20am (3h ago)All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-25 | Dzyak Todd | S-Sale | 10,000.00 | $24.00 | $240,000 |
| 2026-06-24 | Dzyak Todd | S-Sale | 10,000.00 | $17.50 | $175,000 |
| 2026-06-23 | Dzyak Todd | S-Sale | 10,000.00 | $15.00 | $150,000 |
| 2026-04-20 | Sparling Ian | A-Award | 2,904.00 | $0.00 | $0 |
| 2026-04-20 | Kang Jin | A-Award | 2,904.00 | $0.00 | $0 |
| 2026-04-20 | HOLLOWAY JASON | A-Award | 2,904.00 | $0.00 | $0 |
| 2026-04-20 | GEORGE ROBERT J | A-Award | 2,904.00 | $0.00 | $0 |
| 2026-04-20 | Dzyak Todd | A-Award | 2,904.00 | $0.00 | $0 |
| 2026-01-08 | HOLLOWAY JASON | F-InKind | 4,942.00 | $5.37 | $26,539 |
| 2026-01-08 | GEORGE ROBERT J | F-InKind | 9,004.00 | $5.37 | $48,351 |
| 2026-01-08 | Dzyak Todd | F-InKind | 5,957.00 | $5.37 | $31,989 |
| 2026-01-02 | Kang Jin | P-Purchase | 1,000.00 | $5.61 | $5,610 |
| 2026-01-02 | Garfinkle Philip N | P-Purchase | 1,000.00 | $5.35 | $5,350 |
| 2025-12-29 | Kang Jin | P-Purchase | 1,000.00 | $5.55 | $5,550 |
| 2025-12-26 | Garfinkle Philip N | P-Purchase | 1,500.00 | $5.58 | $8,370 |
| 2025-09-08 | Sparling Ian | A-Award | 8,463.00 | $0.00 | $0 |
| 2025-09-08 | Kang Jin | A-Award | 16,926.00 | $0.00 | $0 |
| 2025-09-08 | Garfinkle Philip N | A-Award | 26,230.00 | $0.00 | $0 |
| 2025-09-08 | FITZGERALD JOHN J | A-Award | 19,672.00 | $0.00 | $0 |
| 2025-06-25 | Dzyak Todd | S-Sale | 1,000.00 | $3.45 | $3,450 |
Narrative Economics
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