WidePoint Corp
widepoint.comWhat Do They Do?
Provides phone, data and satellite services, communications and identity management, and IT and billing tools for government agencies, businesses and communications providers.
10-K for FY2025, filed Mar 25, 2026We also provide our customers with carrier services, which consists of phone, data and satellite and related mobile services for a…View ↗
We offer comprehensive telecom lifecycle management solutions to enterprises both in the public and the private sectors. Our solutions are…View ↗
As one of two Department of Defense (DoD) designated External Certificate Authorities (ECA), we offer several different federally certified…View ↗
We offer innovative and interactive billing communications and analytics solutions to large communications service providers (CSPs). Our…View ↗
We provide comprehensive information technology (IT) as a service offerings (ITaaS), including cybersecurity, cloud services, network…View ↗
We sell service solutions to government and business enterprises. Our ability to successfully sell our services depends upon the…View ↗
How Do They Make Money?
Government and business customers pay for phone, data, satellite and mobile services, along with managed telecom, identity, IT and billing services. Fixed-price service work is generally billed in the same period it is completed; software subscriptions and maintenance run over their terms.
10-K for FY2025, filed Mar 25, 2026We also provide our customers with carrier services, which consists of phone, data and satellite and related mobile services for a…View ↗
Carrier Services. The Company bills for costs incurred to deliver voice, data and satellite and related mobile services for a connected…View ↗
Revenue for fixed price services are generally completed and billed in the same accounting period and we charge a fixed fee for each…View ↗
Revenue for fixed price software sold as a subscription is recognized ratably over the license term from the date the software is accepted…View ↗
We offer innovative and interactive billing communications and analytics solutions to large communications service providers (CSPs). Our…View ↗
We provide comprehensive information technology (IT) as a service offerings (ITaaS), including cybersecurity, cloud services, network…View ↗
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10-K for FY2025, filed Mar 25, 2026
FY2025 revenue by reportable segment ↗
$150.5M
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10-K for FY2025, filed Mar 25, 2026
$150.5M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Carrier Services
|
61%
FY2022: 57%
|
Carrier Services, FY2025
$91.9M Sources
|
|
|
Managed Services
Mix
10-K for FY2025, filed Mar 25, 2026 |
39%
FY2022: 43%
|
Managed Services, FY2025
$58.7M Sources
|
Mix |
Who Are Their Customers?
Federal agencies and businesses buy telecom, mobility, identity and IT services directly or through systems integrators; communications providers use hosted billing and analytics, and strategic partners resell the company’s solutions.
10-K for FY2025, filed Mar 25, 2026We sell service solutions to government and business enterprises. Our ability to successfully sell our services depends upon the…View ↗
We approach selling our services under either a direct sales model under which we control the contract and key relationships or we partner…View ↗
Systems Integrators. We partner with large systems integrators to collectively pursue large market opportunities that include some or all…View ↗
We offer innovative and interactive billing communications and analytics solutions to large communications service providers (CSPs). Our…View ↗
Strategic Partnerships. We partner with vendors who are leaders in their industries such as Healthcare, Telecommunication, Transportation…View ↗
10-K for FY2025, filed Mar 25, 2026
In 2025 and 2024, 77% and 79% of our revenues, respectively, were from the Department of Homeland Security for Cellular Wireless Managed…View ↗
Do Revenues Turn Into Profits?
Not on paper. It lost $2.8M in FY2025, but brought in more cash than it spent: $5.5M of free cash flow.
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 13, 2026
$66.4KView ↗
- ▲ Now profitable
- vs −$618.5K in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 13, 2026
Open tableView ↗
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Jun 25, 2026
WidePoint selected for DHS CWMS 3.0 contract
The award covers lifecycle management, connectivity, security and operational needs across DHS components.
Sources
8-K, filed Jun 25, 2026
On June 24, 2026,WidePoint Corporation (NYSE American: WYY), a leading provider of Secure Mobility Management solutions, was selected as…View ↗
Growing. Revenue grew 72% in 4 years, from $87.3M in FY2021 to $150.5M in FY2025, about 15% a year.
Who Do They Compete With?
Competes with Calero Software Solutions, Tangoe, Brightfin, DMI, A&T Systems, Turning Point Global Services, Entrust, IdenTrust, XTec, Amdocs Britebill, Globys, BMC Software, HPE, StratCore, Next Level Technologies, Leidos, Peraton, SAIC, Booz Allen Hamilton, and CACI International
10-K for FY2025, filed Mar 25, 2026Competition. Our TMaaS solution crosses into several different market segments and as a result we do not have competitors that compete in…View ↗
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