Quarterly ResultMay 8, 2026, 04:09 PM
Castellum Q1 Revenue +22.5% to $14.29M; Net Loss Narrows to $351K
AI Summary
Castellum, Inc. reported a strong first quarter for 2026, with revenues increasing by 22.5% to $14.29 million compared to the prior year. The company significantly narrowed its net loss to $351,274, an improvement of over 70% from the $1.17 million loss in Q1 2025. Operating activities generated $1.29 million in cash, a substantial turnaround from a cash outflow in the previous year, and the company fully repaid a $400,000 related party note.
Key Highlights
- Revenue increased 22.5% to $14,291,961 for Q1 2026 compared to Q1 2025.
- Net loss narrowed significantly to $351,274 in Q1 2026 from $1,170,047 in Q1 2025.
- Net loss per share improved to $0.00 in Q1 2026 from $(0.01) in Q1 2025.
- Cash provided by operating activities was $1,290,696, a turnaround from $(2,502,640) used in Q1 2025.
- Cash balance increased to $15,772,974 as of March 31, 2026.
- Total liabilities decreased by $468,049 to $5,681,998 from December 31, 2025.
- The company fully repaid a $400,000 related party note payable in Q1 2026.
- Gross profit increased 11.1% to $5,062,220 for Q1 2026.
Price Impact
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