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Quarterly ResultMay 18, 2026, 07:02 AM

Castellum Q1 2026 Revenue $14.29M; Annual Meeting on May 19

AI Summary

Castellum, Inc. announced its first quarter 2026 financial results, reporting record revenue of $14.29 million and a significant increase in Adjusted EBITDA to $394,930. The company also highlighted its debt-free balance sheet with approximately $15.8 million in cash and a robust contract backlog of $273.3 million. Additionally, Castellum reminded stockholders about its 2026 Annual Meeting scheduled for May 19, 2026, providing details for in-person and virtual attendance, followed by a management presentation and Q&A session.

Key Highlights

  • Q1 2026 revenue reached a record $14.29 million, up from $11.66 million in Q1 2025.
  • Gross profit for Q1 2026 was $5.06 million, an increase from $4.55 million in Q1 2025.
  • Adjusted EBITDA significantly improved to $394,930 in Q1 2026, from $75,030 in Q1 2025.
  • Net loss for Q1 2026 improved to $(351,274) compared to $(1,170,047) in Q1 2025.
  • The company achieved a debt-free balance sheet with $15.8 million in cash as of March 31, 2026.
  • Contract backlog stood at $273.3 million and the opportunity pipeline at $938 million as of March 31, 2026.
  • The 2026 Annual Stockholders Meeting is scheduled for Tuesday, May 19, 2026, at 10:00 a.m. ET.