WidePoint Awarded $58 Million in New and Renewal Contracts During the First Half of 2026

WidePoint (NYSE American: WYY) reported approximately $58 million in new and renewal contracts during the first half of 2026.

Rhea-AI Summary

WidePoint (NYSE American: WYY) reported approximately $58 million in new and renewal contracts during the first half of 2026. Key wins include a $1.0 million SaaS-related purchase order, a $1.5 million managed services expansion, and renewal of Virginia ABC’s telecom expense management contract through June 30, 2027.

Additional highlights include being the single awardee on the DHS CWMS 3.0 contract with a $3.1 billion ceiling over up to 10 years and selection as a prime contract awardee on NASA SEWP VI, a $60 billion government-wide acquisition contract. WidePoint expects these awards to support revenue in 2026 and beyond.

Positive

• Approximately $58 million in contract awards and renewals in first half 2026
• New $1.0 million purchase order under U.S. mobile carrier SaaS contract
• Expanded services adding $1.5 million in contract value with a national bottler
• Virginia ABC contract renewed through June 30, 2027 for telecom expense management
• Single awardee on DHS CWMS 3.0 with $3.1 billion contract ceiling over 10 years
• Prime contract awardee on NASA SEWP VI, a $60 billion GWAC with up to 10-year term

Negative

• None.

Argus Jul 8 session 22 alerts

-10.11% close to close 0.5x rel. volume Open Argus

Details

News Market Reaction – WYY

-13.0% Trough in 1 hr 28 min

$150.68M Market Cap

In the Jul 8 session, WYY declined 10.11%, reflecting a significant negative market reaction. Argus tracked a trough of -13.0% from its starting point during tracking. Our momentum scanner triggered 22 alerts that day, indicating elevated trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -10.1% in the session following this news. A sharp decline could indicate worries ...

Analysis

The stock dropped -10.1% in the session following this news. A sharp decline could indicate worries that new awards, despite the $3.1 billion CWMS 3.0 and $60 billion SEWP VI frameworks, may not translate quickly into revenue, especially with recent net insider selling and broader sector weakness amplifying downside pressure.

Key Figures

Contract awards and renewals: approximately $58 million New purchase order: $1.0 million Managed services expansion: $1.5 million +5 more

Contract awards and renewals

approximately $58 million

First half of 2026 total contract value

New purchase order

$1.0 million

Additional integration services under U.S. mobile carrier SaaS contract

Managed services expansion

$1.5 million

Contract value with leading national bottler

Virginia ABC renewal term

through June 30, 2027

Telecom Expense Management Services contract duration

DHS CWMS 3.0 ceiling

$3.1 billion

Contract ceiling if all options exercised

DHS CWMS 3.0 duration

10 years

Contract duration if all options exercised

NASA SEWP VI ceiling

$60 billion

Total government-wide acquisition contract value

NASA SEWP VI potential term

up to 10 years

Maximum potential performance period

Historical Context

5 past events · Latest: Jun 30

5 events

1. Jun 30

   Carrier integration award

   24h Move

   +4.2%

   Announced added $1.0M integration work and reaffirmed sizable SaaS revenue potential.

2. Jun 25

   DHS CWMS win

   24h Move

   +14.6%

   Named single awardee on 10-year DHS CWMS 3.0 contract with multibillion ceiling.

3. Jun 23

   NASA SEWP VI award

   24h Move

   +11.4%

   Won prime spot on NASA’s SEWP VI $60B GWAC, expanding federal IT reach.

4. May 19

   Meeting reschedule

   24h Move

   +0.9%

   Rescheduled 2026 annual meeting date for administrative reasons.

5. May 14

   Q1 2026 earnings

   24h Move

   +14.7%

   Reported higher revenue, positive net income, and continued positive free cash flow.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

saas, managed services, telecom expense management services, government-wide acquisition contract

4 terms

saas technical

"under the U.S. mobile carrier SaaS contract."

SaaS, or Software as a Service, is a way of delivering computer programs over the internet, allowing users to access and use them through a web browser without needing to install or maintain the software themselves. For investors, it highlights a business model where companies generate recurring revenue by providing ongoing access to their software, often leading to predictable income and growth potential.

managed services technical

"through the expansion of managed services, procurement, and vendor management"

Managed services are when a business hires an outside provider to run and maintain a specific ongoing function—commonly IT, cybersecurity, networks, or back-office tasks—under a contract that includes monitoring, updates and problem resolution. For investors this matters because it creates predictable costs and recurring revenue for the provider while reducing operational risk and capital spending for the client, much like hiring a building superintendent to keep systems running so management can focus on growth.

telecom expense management services technical

"Virginia ABC) renewed WidePoint’s Telecom Expense Management Services contract"

Telecom expense management services are professional offerings that track, audit and optimize a company’s phone, mobile and data bills, contracts and related IT/telecom inventory. They act like a household budget and bill review service for a business’s communications costs, finding billing errors, unused lines or better contract terms; investors care because these services can reduce operating expenses, improve cash flow visibility and affect profitability metrics.

government-wide acquisition contract regulatory

"on NASA SEWP VI, NASA's $60 billion government-wide acquisition contract"

A government-wide acquisition contract (GWAC) is a pre-approved, multiple-award purchasing vehicle used by a national government to streamline and standardize procurement of goods or services—often information technology and related professional services—across all federal agencies. For investors, being on a GWAC is like being on a vetted supplier list: it can shorten sales cycles, create recurring purchasing opportunities, and make future government revenue more predictable because agencies can order through the contract without running a full new competition.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAIRFAX, Va., July 08, 2026 (GLOBE NEWSWIRE) -- WidePoint Corporation (NYSE American: WYY), a leading provider of Secure Mobility Management Solutions, today announced it was awarded approximately $58 million in contract awards and renewals during the first half of 2026.

WidePoint’s Chief Executive Officer Jin Kang stated: "Our progress during the first half of 2026 demonstrates that WidePoint is executing a clear strategic vision. By expanding our presence across key markets, we are strengthening the foundation for long-term growth while helping customers solve increasingly complex technology and security challenges."

The accomplishments in the first half of 2026 reinforce WidePoint's expanding role as a trusted provider of secure mobility management solutions for enterprise and government customers.

Highlights included in the new awards and renewals:

• Contractual actions resulting in approximately $58 million in contract value.
• New $1.0 million purchase order for additional integration services and product enhancements under the U.S. mobile carrier SaaS contract.
• Secured $1.5 million in contract value through the expansion of managed services, procurement, and vendor management responsibilities with a leading national bottler.
• Virginia Alcoholic Beverage Control Authority (Virginia ABC) renewed WidePoint’s Telecom Expense Management Services contract through June 30, 2027, including wireline, wireless, and utilities invoice processing services.

Additional first half of 2026 highlights that will lead to additional revenue in 2026 and beyond:

• WidePoint was the single awardee on the Department of Homeland Security CWMS 3.0, with a contract ceiling of $3.1 billion and a contract duration of 10 years if all options are exercised.
• WidePoint named a prime contract awardee on NASA SEWP VI, NASA's $60 billion government-wide acquisition contract with potential performance extending up to 10 years.

WidePoint’s Chief Revenue Officer Jason Holloway noted: "Customer demand continues to create meaningful opportunities across our commercial and federal businesses. As organizations look for partners that can simplify complexity while improving operational performance, we're expanding customer relationships, winning new engagements, and building a strong pipeline across managed services, SaaS solutions, secure mobility, and federal programs."

About WidePoint
WidePoint Corporation (NYSE American: WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity & Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service, Cloud Security, and Analytics & Billing as a Service (ABaaS). To learn more, visit https://www.widepoint.com. 

WidePoint Investor Relations:
Gateway Group, Inc.
Matt Glover or John Yi
949-574-3860
WYY@gateway-grp.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What contracts did WidePoint (NYSE American: WYY) secure in the first half of 2026?

WidePoint secured about $58 million in contract awards and renewals in early 2026. According to WidePoint, this includes a $1.0 million SaaS-related purchase order, a $1.5 million managed services expansion, and a renewed Virginia ABC telecom expense management contract.

What is the value of WidePoint's new and renewal contracts announced on July 8, 2026 (WYY)?

WidePoint announced approximately $58 million in new and renewal contract value for the first half of 2026. According to WidePoint, these contractual actions span secure mobility management, managed services, procurement, vendor management, and telecom expense management for enterprise and government clients.

What does the DHS CWMS 3.0 award mean for WidePoint (WYY) investors?

WidePoint was named the single awardee on DHS CWMS 3.0, with a $3.1 billion ceiling over 10 years if all options are exercised. According to WidePoint, this contract vehicle strengthens its federal presence and may support revenue growth over an extended period.

How is WidePoint involved in the NASA SEWP VI contract and what is its potential scale?

WidePoint is a prime contract awardee on NASA SEWP VI, a $60 billion government-wide acquisition contract. According to WidePoint, SEWP VI provides access to long-term federal opportunities, with potential performance extending up to 10 years across technology and related services.

How does the Virginia ABC renewal affect WidePoint's recurring revenue outlook for WYY?

Virginia ABC renewed WidePoint’s telecom expense management contract through June 30, 2027, covering wireline, wireless, and utilities invoices. According to WidePoint, this multi-year renewal supports ongoing recurring revenue and reinforces its role managing telecom and utilities expenses for a key state customer.

What future revenue impact does WidePoint expect from its 2026 contract wins for WYY shareholders?

WidePoint indicates that its first-half 2026 contract highlights will lead to additional revenue in 2026 and beyond. According to WidePoint, expanding roles in managed services, SaaS solutions, secure mobility, and federal programs are creating a strong pipeline across commercial and federal markets.