Tearsheet

WidePoint (WYY)


Market Price (4/30/2026): $6.6 | Market Cap: $65.2 Mil
Sector: Industrials | Industry: Research & Consulting Services

WidePoint (WYY)


Market Price (4/30/2026): $6.6
Market Cap: $65.2 Mil
Sector: Industrials
Industry: Research & Consulting Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
FCF Yield is 8.6%

Megatrend and thematic drivers
Megatrends include Cybersecurity. Themes include Identity Management, Endpoint Protection, and Network Security.

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -2.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1.8%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -8.6%

Key risks
WYY key risks include [1] a heavy dependence on terminable U.S. Show more.

0 Attractive yield
FCF Yield is 8.6%
1 Megatrend and thematic drivers
Megatrends include Cybersecurity. Themes include Identity Management, Endpoint Protection, and Network Security.
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -2.8 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1.8%
3 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -8.6%
4 Key risks
WYY key risks include [1] a heavy dependence on terminable U.S. Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

WidePoint (WYY) stock has gained about 20% since 12/31/2025 because of the following key factors:

1. Major Contract Wins Drive Future Revenue Expectations. The company secured significant contracts, including an estimated $40 million to $45 million SaaS contract with a major telecommunications carrier and a new CWMS 2.0 task order from U.S. Customs & Border Protection valued up to $27.5 million. Additionally, WidePoint's IT Managed Services division closed $1.5 million in total contract value in Q1 2026, expanding its engagement with a leading national bottler, building on a prior $1.3 million award. These awards collectively signal a strong pipeline and positive outlook for future revenues.

2. Strong Operational Performance Evidenced by Sustained Adjusted EBITDA and Free Cash Flow Growth. WidePoint reported its 34th consecutive quarter of positive Adjusted EBITDA and 9th consecutive quarter of positive Free Cash Flow for Q4 2025. Notably, Adjusted EBITDA and Free Cash Flow results grew over 190% and 325%, respectively, from the first half to the second half of 2025, demonstrating effective cost structure stabilization.

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Stock Movement Drivers

Fundamental Drivers

The 19.2% change in WYY stock from 12/31/2025 to 4/29/2026 was primarily driven by a 18.3% change in the company's P/S Multiple.
(LTM values as of)123120254292026Change
Stock Price ($)5.376.4019.2%
Change Contribution By: 
Total Revenues ($ Mil)1461513.2%
P/S Multiple0.40.418.3%
Shares Outstanding (Mil)1010-2.3%
Cumulative Contribution19.2%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/29/2026
ReturnCorrelation
WYY19.2% 
Market (SPY)5.2%31.5%
Sector (XLI)9.9%18.3%

Fundamental Drivers

The 29.4% change in WYY stock from 9/30/2025 to 4/29/2026 was primarily driven by a 28.0% change in the company's P/S Multiple.
(LTM values as of)93020254292026Change
Stock Price ($)4.956.4029.4%
Change Contribution By: 
Total Revenues ($ Mil)1441514.2%
P/S Multiple0.30.428.0%
Shares Outstanding (Mil)1010-3.0%
Cumulative Contribution29.4%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/29/2026
ReturnCorrelation
WYY29.4% 
Market (SPY)8.0%31.0%
Sector (XLI)10.9%19.3%

Fundamental Drivers

The 92.2% change in WYY stock from 3/31/2025 to 4/29/2026 was primarily driven by a 77.1% change in the company's P/S Multiple.
(LTM values as of)33120254292026Change
Stock Price ($)3.336.4092.2%
Change Contribution By: 
Total Revenues ($ Mil)13315113.1%
P/S Multiple0.20.477.1%
Shares Outstanding (Mil)910-4.0%
Cumulative Contribution92.2%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/29/2026
ReturnCorrelation
WYY92.2% 
Market (SPY)29.3%22.5%
Sector (XLI)31.4%18.5%

Fundamental Drivers

The 253.6% change in WYY stock from 3/31/2023 to 4/29/2026 was primarily driven by a 150.4% change in the company's P/S Multiple.
(LTM values as of)33120234292026Change
Stock Price ($)1.816.40253.6%
Change Contribution By: 
Total Revenues ($ Mil)9415160.0%
P/S Multiple0.20.4150.4%
Shares Outstanding (Mil)910-11.7%
Cumulative Contribution253.6%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/29/2026
ReturnCorrelation
WYY253.6% 
Market (SPY)81.5%22.8%
Sector (XLI)75.6%18.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
WYY Return-61%-54%27%109%11%15%-39%
Peers Return12%-41%69%-1%19%-10%19%
S&P 500 Return27%-19%24%23%16%4%90%

Monthly Win Rates [3]
WYY Win Rate17%25%50%42%50%75% 
Peers Win Rate60%38%65%50%50%31% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
WYY Max Drawdown-62%-55%-12%-16%-46%-26% 
Peers Max Drawdown-15%-54%-15%-20%-5%-26% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: OKTA, ZS, CRWD, CASS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/29/2026 (YTD)

How Low Can It Go

Unique KeyEventWYYS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-88.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven800.0%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-48.8%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven95.3%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven50 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-66.3%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven196.5%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven314 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-93.8%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven1513.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to BreakevenNot Fully Recovered days1,480 days

Compare to OKTA, ZS, CRWD, CASS

In The Past

WidePoint's stock fell -88.9% during the 2022 Inflation Shock from a high on 1/22/2021. A -88.9% loss requires a 800.0% gain to breakeven.

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About WidePoint (WYY)

WidePoint Corporation provides technology management as a service (TMaaS) to the government and business enterprises in North America and Europe. It offers TMaaS solutions through a federal government certified proprietary portal to manage, analyze, and protect communications assets, as well as deploy identity management solutions that provide secured virtual and physical access to restricted environments. The company provides telecom lifecycle management, mobile and identity management, and digital billing and analytics solutions. It also offers information technology as a service, including cybersecurity, cloud, network operation, and professional services. WidePoint Corporation was founded in 1991 and is headquartered in Fairfax, Virginia.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe WidePoint (WYY):

  • Imagine Concur for managing a company's telecom expenses, mobile devices, and digital billing.
  • A specialized Accenture for government and enterprise clients, providing technology, telecom, and identity management services.
  • Like Okta for secure digital and physical access, but also handling a company's full telecom and mobile device management.

AI Analysis | Feedback

  • Technology Management as a Service (TMaaS): This core offering manages, analyzes, and protects communications assets and deploys identity management solutions through a federal government certified proprietary portal.
  • Telecom Lifecycle Management: Manages the entire lifecycle of telecommunications assets and services, from acquisition to retirement.
  • Mobile Management: Provides comprehensive solutions for managing mobile devices, applications, and services.
  • Identity Management Solutions: Offers secure virtual and physical access solutions for restricted environments, ensuring authorized user authentication.
  • Digital Billing and Analytics Solutions: Provides services for managing digital billing processes and generating insightful analytics.
  • Information Technology as a Service (ITaaS): Delivers a suite of essential IT services, including cybersecurity, cloud, and network operations, as a comprehensive service package.
  • Cybersecurity Services: Protects organizational IT infrastructure and data from various cyber threats.
  • Cloud Services: Offers solutions for cloud infrastructure deployment, management, and optimization.
  • Network Operation Services: Provides comprehensive management and operational support for network infrastructures.
  • Professional Services: Delivers expert consulting, implementation, and support for technology solutions.

AI Analysis | Feedback

WidePoint (WYY) Major Customers

WidePoint Corporation primarily sells its technology management as a service (TMaaS) solutions to government entities and business enterprises.

Major Customers:

  • U.S. Federal Government: WidePoint's largest customer is consistently the U.S. federal government. This encompasses various federal agencies and departments, including but not limited to:
    • Department of Homeland Security (DHS)
    • Defense Information Systems Agency (DISA)
    • Department of Health and Human Services (HHS)
    • Other federal agencies across the civilian and defense sectors.
  • Business Enterprises: WidePoint also serves a range of business enterprises in North America and Europe. Specific names of these private sector customer companies are generally not publicly disclosed due to confidentiality agreements or because individual clients do not typically account for a material portion of WidePoint's overall revenue that would require disclosure in public filings.

AI Analysis | Feedback

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WidePoint (WYY) identifies the following major suppliers:

  • Verizon Communications Inc. (VZ)
  • AT&T Inc. (T)
  • T-Mobile US, Inc. (TMUS)
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AI Analysis | Feedback

Jin Kang – Chief Executive Officer

Mr. Jin Kang is the Chief Executive Officer of WidePoint Corporation and serves as a Director. He founded WidePoint Integrated Solutions Corp. (formerly known as iSYS, LLC) in 1999 and served as its President and CEO until 2017. Mr. Kang successfully managed iSYS, LLC from its inception to achieve gross revenues of $24 million when it was acquired by WidePoint in 2008. He has over 30 years of professional experience in mergers and acquisitions, corporate management, technology management, business development, and financial management in the Information Technology field.

Robert “Bob” George – Chief Financial Officer

Mr. Robert “Bob” George is the Chief Financial Officer of WidePoint Corporation, a position he assumed in April 2022. He brings more than 30 years of diverse business experience, encompassing entrepreneurial companies and publicly traded multinational corporations. Prior to WidePoint, Mr. George served as CFO of Exovera LLC, a SOS International subsidiary. He has led and successfully completed 32 acquisitions of both public and private companies.

Jason Holloway – President, WidePoint Global and Chief Revenue Officer

Mr. Jason Holloway is the President of WidePoint Global and Chief Revenue Officer. He is a results-driven technology executive with over 35 years of experience in information technology, cybersecurity, process improvement, and business continuity. Mr. Holloway co-founded Nexcentri and served as its President and CEO, growing the company from its inception to $500 million in revenue. He was also the President and CEO of Networked Knowledge Systems (NKS), where he increased annual revenue by 800% to $63 million in five years.

Ian Sparling – Chief Operating Officer, International and CEO of Soft-ex Communications

Mr. Ian Sparling serves as WidePoint’s Chief Operating Officer, International, and CEO of Soft-ex Communications. He previously served as the CEO of Soft-ex from 2006, having also held the position of CFO from 2001 to 2005. WidePoint acquired Soft-ex in May 2014.

Todd Dzyak – Chief Operating Officer

Mr. Todd Dzyak is the Chief Operating Officer of WidePoint Corporation. Before this role, he was the President of WidePoint Integrated Solutions Corp. (WISC). Mr. Dzyak led the company's efforts to secure significant contracts, including the GSA Federal Strategic Sourcing Initiative (FSSI) Wireless Telecommunications Expense Management (WTEM) Contract, the Department of Homeland Security (DHS) Cellular Wireless Managed Services (CWMS) Blanket Purchase Agreement, and the DHS CWMS 2.0 recompete.

AI Analysis | Feedback

Here are the key risks to WidePoint's business:

  1. Significant Dependency on U.S. Government Contracts: WidePoint generates a substantial portion of its revenue from contracts with the U.S. government, particularly the Department of Homeland Security (DHS). For instance, approximately 79% of managed service revenue in 2024 and 75% in 2023 was derived from the DHS Cellular Wireless Managed Services (CWMS) 2.0 IDIQ contract, which is due for renewal in November 2025. The failure to renew existing contracts, such as the DHS CWMS 2.0 IDIQ, or potential future delays in budget approvals within the federal government sector, could have a material adverse impact on the company's future revenue, profitability, and cash flows.
  2. Cybersecurity Risks and Security Breaches: As a provider of cybersecurity and secure identity management solutions to high-visibility government agencies, including the Department of Defense (DoD) and DHS, WidePoint is a potential target for cyberattacks. Given that nearly all of its services are delivered over the internet, actual or perceived security breaches or cybersecurity events could result in a loss of customers, significant negative publicity, substantial liability, and materially harm the company's business and reputation.
  3. Financial Health and Profitability Challenges: WidePoint faces ongoing concerns regarding its financial health and ability to achieve consistent profitability. The company has a low Altman Z-Score, indicating a "distressed" financial status. It has reported negative operating and net margins, reflecting challenges in profitability and growth despite revenue increases. WidePoint has incurred net losses in the past and may continue to do so, partly due to significant fixed operating costs that may be difficult to adjust in response to revenue fluctuations.

AI Analysis | Feedback

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AI Analysis | Feedback

WidePoint Corporation (WYY) operates in several significant addressable markets within North America and Europe, aligning with its diverse technology management and identity management offerings.

Addressable Markets for WidePoint's Main Products and Services:

  • Technology Management as a Service (TMaaS) / Information Technology as a Service (ITaaS):

    The global Information Technology Service Management (ITSM) market, which encompasses aspects of TMaaS and ITaaS, was estimated at USD 13.49 billion in 2024 and is projected to grow to approximately USD 51.93 billion by 2034. North America held a substantial share of this market, accounting for 41% in 2024. Another estimate for the global IT Management as a Service (ITMaaS) market reported a size of USD 3.6 billion in 2024, with a projection to reach USD 6.5 billion by 2033. North America is identified as a leading region in the ITMaaS market.

  • Telecom Lifecycle Management (TLM):

    This category includes Telecom Expense Management (TEM) and Telecom Managed Services. The global Telecom Expense Management (TEM) market was valued at USD 4.10 billion in 2024 and is projected to increase to USD 11.55 billion by 2033. North America held the largest market share, with 36.7% in 2023.

    For Telecom Managed Services, the global market size was estimated at USD 20.67 billion in 2022 and is projected to reach USD 55.29 billion by 2030. North America dominated this market in 2022, holding over 35.0% of the global revenue. Another source projects the telecom managed services market to grow from USD 29.73 billion in 2025 to USD 58.54 billion by 2030.

  • Mobile and Identity Management:

    The global mobile identity management market size was estimated at USD 3.25 billion in 2023 and is expected to grow to USD 92.8 billion by 2030. North America dominated this market in 2023 with a revenue share exceeding 35%. The European mobile identity management market is also experiencing significant growth, with a Compound Annual Growth Rate (CAGR) of 27.8% from 2024 to 2030.

    Furthermore, the broader global Identity and Access Management (IAM) market was valued at USD 22.27 billion in 2025 and is projected to reach USD 77.92 billion by 2034. North America led the global IAM market with a 40.30% share in 2025. Europe is also expected to exhibit significant growth in the IAM market.

  • Cybersecurity:

    The global cybersecurity market was valued at USD 251.04 billion in 2024 and is projected to grow to USD 593.08 billion by 2033. North America held the largest share of the cybersecurity market in 2024, accounting for 37.5%, while Europe is recognized as the fastest-growing region. More specifically, the U.S. cybersecurity market is projected to reach USD 98.11 billion by 2030, and the Europe cybersecurity market is projected to reach USD 83.14 billion by 2030.

  • Cloud Services:

    The global cloud services market was valued at USD 618.04 billion in 2024 and is expected to exceed USD 2,726.94 billion by 2034. North America held the largest share of the global market, at 42% in 2024. The North America cloud computing market alone is valued at USD 380.5 billion in 2026 and is projected to reach USD 811.04 billion by 2031.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for WidePoint (WYY) over the next 2-3 years:

  1. FedRAMP Authorization and Expansion of ITMS: WidePoint's Intelligent Technology Management System (ITMS) achieved FedRAMP Authorized status on February 19, 2025. This authorization makes ITMS available to federal agencies on the FedRAMP Marketplace across various business categories, which is expected to enhance federal contract opportunities and drive growth in high-margin Software-as-a-Service (SaaS) solutions.
  2. Growth in High-Margin Managed Services (SaaS and DaaS): The company is strategically focusing on high-margin SaaS and Device-as-a-Service (DaaS) solutions. This shift is anticipated to significantly boost gross and net margins and improve operating leverage. WidePoint has recently secured new managed services contracts, including a SaaS contract with a major telecommunications carrier and a $1.3 million managed services win with a leading beverage bottler. The company is also actively developing its DaaS offerings, particularly through collaborations with system integrators.
  3. Expansion within Federal Government Contracts: WidePoint is well-recognized within the Federal Government, especially within the Department of Homeland Security (DHS) ecosystem, for its efficient solutions. The company aims to expand its Mobile Management Solutions (MMS) and technological capabilities to strengthen its position and increase task orders within existing DHS components and other federal agencies. Momentum is also building around the Spiral 4 contract vehicle, with new task orders secured and more expected as legacy contracts expire.
  4. Commercial Market Expansion and Cross-selling: WidePoint is actively pursuing expansion into commercial markets, specifically targeting DaaS opportunities. The company plans to invest in sales and marketing efforts to broaden its commercial customer base, commercialize newly developed products, and capitalize on cross-sell and upsell opportunities with its existing solutions.

AI Analysis | Feedback

Share Repurchases

  • WidePoint purchased approximately $1.23 million of its common stock (299,500 shares) as of December 31, 2021, under a share repurchase program.
  • As of January 5, 2022, the company had around $3.77 million remaining for future share repurchases under its plan.
  • The share repurchase program, allowing for repurchases of up to $2.1 million of common stock, was reinstated on September 27, 2021, after being temporarily suspended.

Share Issuance

  • WidePoint registered 1,100,000 additional shares of common stock under its Amended and Restated 2017 Omnibus Incentive Plan, increasing the pool for equity-based awards to employees and other participants.
  • Insider acquisitions occurred in September 2025, where directors and officers, including John J. Fitzgerald (19,672 shares), Philip N. Garfinkle (26,230 shares), and Ian Sparling (8,463 shares), acquired common stock, with some shares being restricted and vesting in June 2026.
  • The number of shares outstanding for WidePoint has shown fluctuations over the past five years, moving from approximately $8.8 million in 2021 to $9.7 million in Q3 2025.

Outbound Investments

  • WidePoint made one acquisition within the last five years, acquiring T Authorities Managed Services, an IT service suite solutions provider, in October 2021.

Capital Expenditures

  • WidePoint's capital expenditures for the latest trailing twelve months stood at approximately $178.15K.
  • Annual capital expenditures were -$0.12 million in FY 2024, -$0.21 million in FY 2023, -$0.24 million in FY 2022, and -$0.26 million in FY 2021.
  • The company's average capital expenditure over the past five years has been $1.62 million, with a peak of $3.88 million in September 2022.

Better Bets vs. WidePoint (WYY)

Latest Trefis Analyses

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Trade Ideas

Select ideas related to WYY.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
NSP_3312026_Insider_Buying_45D_2Buy_200K03312026NSPInsperityInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
TNC_3312026_Insider_Buying_45D_2Buy_200K03312026TNCTennantInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
ADP_3272026_Dip_Buyer_FCFYield03272026ADPAutomatic Data ProcessingDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
1.0%1.0%0.0%
HURN_3272026_Dip_Buyer_FCFYield03272026HURNHuron ConsultingDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
4.0%4.0%0.0%
TRU_3272026_Dip_Buyer_FCFYield03272026TRUTransUnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.2%5.2%0.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

WYYOKTAZSCRWDCASSMedian
NameWidePointOkta Zscaler CrowdStr.Cass Inf. 
Mkt Price6.4076.16134.73452.3846.5676.16
Mkt Cap0.113.521.5114.30.613.5
Rev LTM1512,9193,0014,8121962,919
Op Inc LTM-3153-144-293--74
FCF LTM58638741,24145863
FCF 3Y Avg26946901,07930690
CFO LTM68841,1141,61251884
CFO 3Y Avg37158831,38740715

Growth & Margins

WYYOKTAZSCRWDCASSMedian
NameWidePointOkta Zscaler CrowdStr.Cass Inf. 
Rev Chg LTM5.6%11.8%23.9%21.7%10.8%11.8%
Rev Chg 3Y Avg17.6%16.3%30.8%29.1%5.7%17.6%
Rev Chg Q12.3%11.6%25.9%23.3%7.5%12.3%
QoQ Delta Rev Chg LTM3.2%2.8%5.9%5.4%1.8%3.2%
Op Inc Chg LTM-48.1%342.9%-43.4%-152.0%--45.7%
Op Inc Chg 3Y Avg-2.1%156.8%13.6%-190.1%-5.8%
Op Mgn LTM-1.8%5.2%-4.8%-6.1%--3.3%
Op Mgn 3Y Avg-2.2%-5.8%-6.4%-3.2%--4.5%
QoQ Delta Op Mgn LTM-0.3%0.9%-0.1%2.4%-0.4%
CFO/Rev LTM3.8%30.3%37.1%33.5%26.1%30.3%
CFO/Rev 3Y Avg1.9%27.2%36.0%35.5%21.1%27.2%
FCF/Rev LTM3.6%29.6%29.1%25.8%23.1%25.8%
FCF/Rev 3Y Avg1.4%26.4%28.1%27.7%15.6%26.4%

Valuation

WYYOKTAZSCRWDCASSMedian
NameWidePointOkta Zscaler CrowdStr.Cass Inf. 
Mkt Cap0.113.521.5114.30.613.5
P/S0.44.67.223.73.14.6
P/Op Inc-22.788.3-148.9-389.6--85.8
P/EBIT-25.852.1-937.1-1,154.6--481.5
P/E-23.057.5-318.1-703.219.4-23.0
P/CFO11.115.319.370.911.915.3
Total Yield-4.3%1.7%-0.3%-0.1%7.9%-0.1%
Dividend Yield0.0%0.0%0.0%0.0%2.7%0.0%
FCF Yield 3Y Avg4.7%4.8%2.2%1.3%4.9%4.7%
D/E0.10.00.10.00.00.0
Net D/E-0.1-0.2-0.1-0.0-1.6-0.1

Returns

WYYOKTAZSCRWDCASSMedian
NameWidePointOkta Zscaler CrowdStr.Cass Inf. 
1M Rtn37.6%0.9%-1.8%19.0%5.9%5.9%
3M Rtn-7.2%-16.1%-37.0%-3.6%8.9%-7.2%
6M Rtn-3.2%-13.1%-58.0%-17.1%20.5%-13.1%
12M Rtn52.7%-32.3%-39.8%5.0%16.4%5.0%
3Y Rtn240.4%11.1%49.5%276.8%38.6%49.5%
1M Excs Rtn25.1%-11.6%-14.3%6.5%-6.6%-6.6%
3M Excs Rtn-9.5%-18.3%-39.3%-5.8%6.6%-9.5%
6M Excs Rtn-16.0%-19.2%-62.5%-18.4%15.0%-18.4%
12M Excs Rtn56.4%-56.4%-67.8%-22.1%-12.4%-22.1%
3Y Excs Rtn174.4%-68.4%-38.6%174.4%-31.8%-31.8%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Carrier Services58535013869
Managed Services4841384333
Total1069487180102


Price Behavior

Price Behavior
Market Price$6.40 
Market Cap ($ Bil)0.1 
First Trading Date05/19/1998 
Distance from 52W High-13.3% 
   50 Days200 Days
DMA Price$4.88$5.34
DMA Trendupdown
Distance from DMA31.2%19.9%
 3M1YR
Volatility89.3%81.4%
Downside Capture1.590.81
Upside Capture182.61152.20
Correlation (SPY)28.9%28.9%
WYY Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta3.011.862.111.800.951.05
Up Beta9.020.391.251.790.260.48
Down Beta-0.00-0.520.721.561.061.31
Up Capture606%254%348%234%238%256%
Bmk +ve Days7162765139424
Stock +ve Days10172659126350
Down Capture224%278%239%164%130%105%
Bmk -ve Days12233358110323
Stock -ve Days12253663118366

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with WYY
WYY95.1%83.9%1.16-
Sector ETF (XLI)33.2%15.2%1.6819.6%
Equity (SPY)31.5%12.5%1.9329.0%
Gold (GLD)35.2%27.2%1.09-7.0%
Commodities (DBC)46.7%18.1%1.99-13.8%
Real Estate (VNQ)12.8%13.4%0.6514.1%
Bitcoin (BTCUSD)-19.6%42.1%-0.4016.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with WYY
WYY-5.0%64.6%0.18-
Sector ETF (XLI)12.8%17.3%0.5819.0%
Equity (SPY)13.1%17.1%0.6020.9%
Gold (GLD)20.1%17.8%0.92-0.2%
Commodities (DBC)14.6%19.1%0.634.9%
Real Estate (VNQ)3.4%18.8%0.0815.1%
Bitcoin (BTCUSD)8.1%56.2%0.3613.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with WYY
WYY0.2%66.7%0.29-
Sector ETF (XLI)13.6%19.9%0.6016.4%
Equity (SPY)14.9%17.9%0.7118.2%
Gold (GLD)13.4%15.9%0.701.6%
Commodities (DBC)9.6%17.7%0.458.2%
Real Estate (VNQ)5.5%20.7%0.2312.7%
Bitcoin (BTCUSD)67.5%66.9%1.078.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 3312026-4.4%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity9.9 Mil
Short % of Basic Shares0.2%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/1/2026-2.2%-3.8% 
11/18/20251.6%7.9%-0.5%
8/21/202512.5%33.0%42.6%
5/21/20251.6%-2.5%0.0%
2/19/2025-0.5%-3.5%-11.4%
11/20/2024-6.3%6.7%-12.7%
8/19/2024-0.5%-4.8%-12.8%
4/2/2024-3.5%-11.7%-24.5%
...
SUMMARY STATS   
# Positive665
# Negative121212
Median Positive1.7%7.3%7.5%
Median Negative-2.9%-4.3%-13.6%
Max Positive12.5%57.8%42.6%
Max Negative-7.4%-25.8%-24.5%

SEC Filings

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Report DateFiling DateFiling
12/31/202503/25/202610-K
09/30/202511/13/202510-Q
06/30/202508/14/202510-Q
03/31/202505/15/202510-Q
12/31/202404/15/202510-K
09/30/202411/13/202410-Q
06/30/202408/14/202410-Q
03/31/202405/15/202410-Q
12/31/202303/26/202410-K
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202305/15/202310-Q
12/31/202203/31/202310-K
09/30/202211/14/202210-Q
06/30/202208/15/202210-Q
03/31/202205/16/202210-Q

Recent Forward Guidance [BETA]

Latest: Q4 2025 Earnings Reported 4/1/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2027 MobileAnchor Phase 1 Credentials 1,000    
2027 MobileAnchor Total Credentials 0.13 Mil    
2027 Treasury Pilot Credentials 90,000    

Prior: Q3 2025 Earnings Reported 11/18/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 SaaS Revenue40.00 Mil42.50 Mil45.00 Mil   

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Kang, JinCEODirectBuy10520265.611,0005,6103,627,297Form
2Garfinkle, Philip N DirectBuy10520265.351,0005,350983,656Form
3Kang, JinCEODirectBuy123020255.551,0005,5503,582,952Form
4Garfinkle, Philip N UTMA accountsBuy123020255.581,5008,3708,370Form
5Dzyak, ToddCOODirectSell62720253.451,0003,450512,287Form