
WidePoint (NYSEAMERICAN:WYY) reported higher first-quarter revenue, positive adjusted EBITDA and its first quarterly net income since 2021, while management said the company’s 2026 outlook remains tied to two major contract developments: a pending Department of Homeland Security award and implementation of a large carrier software contract.
President and CEO Jin Kang said WidePoint generated revenue of $40.6 million for the quarter ended March 31, 2026, along with adjusted EBITDA of $752,000 and free cash flow of $674,000. Chief Financial Officer Robert George said revenue rose 21% from $33.5 million in the same quarter last year.