WYYNYSEServices-Computer Integrated Systems DesignUS GAAP · USD

WidePoint Corporation

WidePoint Corp. provides Technology Management as a Service (TMaaS) for government and enterprise customers, combining communications management, identity management, interactive bill presentment, analytics, and IT-as-a-Service solutions. The company’s offerings are delivered through secure, on-demand portals and managed services workflows designed to support mobility, cybersecurity, and communications asset administration.

Liikevaihto151milj. USD
+5,6 %v/v
Liikevoitto (EBIT)−2,8milj. USD
−48,1 %v/v
EBIT-marginaali−1,8%
−0,5 %-yks.v/v
Nettotulos−2,8milj. USD
−42,2 %v/v
Vapaa kassavirta5,5milj. USD
+249,7 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−50050100150200milj. USD2020: 180 milj. USD2020: EBIT 3,2 milj. USD20202021: 87 milj. USD2021: EBIT 0,61 milj. USD20212022: 94 milj. USD2022: EBIT −20 milj. USD20222023: 106 milj. USD2023: EBIT −3,7 milj. USD20232024: 143 milj. USD2024: EBIT −1,9 milj. USD20242025: 151 milj. USD2025: EBIT −2,8 milj. USD2025151−2,8
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Managed services40 %

Recurring TMaaS contracts covering communications, mobility, and IT administration.

Carrier services60 %

Procurement, processing, and payment of customer communications carrier invoices.

Identity management0 %

Solutions for secure virtual and physical access to restricted environments.

SaaS and software-enabled services0 %

Portal-based software and analytics tools delivered on-demand to customers.

Asiakkaat

WidePoint primarily serves U.S. federal government agencies, including the Department of Homeland Security and other public-sector end customers that need secure communications and identity controls. It also sells to enterprise and commercial customers that use its portals and managed services to administer mobile devices, telecom assets, and access rights. Customers buy the service because it combines compliance, security, and outsourced administration in a single managed model.

U.S. federal government agencies

Buy managed communications, mobility, and identity solutions for secure operations and compliance.

Department of Homeland Security programs

Buy carrier services and cellular wireless managed services tied to large federal deployments.

Enterprise customers

Buy portal-based TMaaS and IT services to manage communications assets and access controls.

Commercial customers

Buy SaaS and managed service capabilities for billing, analytics, and mobility management.

Strategia

WidePoint is focused on expanding its TMaaS platform, increasing recurring managed services, and broadening its solution set through added capabilities and cross-sell opportunities. A central priority is winning and renewing major federal contracts while also using FedRAMP authorization, R2v3 certification, and partner channels to support expansion into commercial markets.

Retain and expand federal contract positionsLyhyt aikaväli

Large government contracts anchor revenue and create scale for the TMaaS platform.

Increase recurring managed services and SaaS mixKeskipitkä aikaväli

Recurring software-enabled services improve predictability and platform leverage.

Broaden the offering set through cross-sell and new capabilitiesKeskipitkä aikaväli

A wider solution set can deepen customer relationships and raise wallet share.

Expand into commercial marketsPitkä aikaväli

Diversification reduces dependence on federal procurement and broadens the addressable market.

Maantiede

WidePoint is a U.S.-based company and its business is centered on federal and enterprise customers in the United States. The company’s service delivery is tied to U.S. government contracting, secure portals, and domestic communications infrastructure, so its operating footprint is primarily national rather than global. Geography matters because contract concentration in U.S. federal programs creates exposure to U.S. procurement cycles and agency funding decisions.

Riskit

WidePoint’s business is highly dependent on a small number of federal contracts, so contract renewal, recompete outcomes, and agency funding changes can materially affect revenue. The company also faces competitive pressure, technology execution risk, and exposure to low-margin carrier services that can dilute overall economics even when revenue is large.

Järjestetty vakavuuden mukaan
Loss of DHS CWMS 2.0 ID/IQ contractKorkea

The contract represents a significant portion of revenue and is subject to competitive renewal.

Kohdistuu: Department of Homeland Security programs

Federal shutdown or budget disruptionKeskitaso

Customer agencies may suspend or slow operations, delaying awards and service activity.

Kohdistuu: U.S. federal government

Competitive pressure in government IT servicesKeskitaso

Larger competitors may have greater resources, broader offerings, and stronger bid capacity.

Kohdistuu: Federal and enterprise contracts

Low-margin carrier services mixKeskitaso

Carrier invoice processing is largely pass-through revenue with nominal margins.

Kohdistuu: Carrier services revenue

Technology obsolescence and security complianceKeskitaso

TMaaS depends on secure portals, certifications, and evolving mobility/cyber requirements.

Kohdistuu: TMaaS platform and SaaS offerings

Kirjanpito

Harkinnanvaraiset erät
Gross vs. net revenue presentation for carrier services

Pass-through carrier invoices are recognized on a gross basis under many arrangements, affecting reported revenue scale and margin interpretation.

Vaikutus: Revenue is high relative to gross profit

Revenue recognition timing for SaaS and reselling

Some arrangements are recognized over the period of performance while others may be point-in-time, creating timing differences.

Vaikutus: Quarterly revenue volatility

Contract mix and seasonality

Managed services, billable services, and reselling have different margin profiles and timing patterns.

Vaikutus: Gross margin and comparability

Capitalized software and amortization

Software used to deliver solutions is capitalized and amortized, affecting operating expense and service cost allocation.

Vaikutus: Cost of revenues and depreciation/amortization

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Päivitetty: 29.4.2026