Every 10-Q that Castellum, Inc. (CTM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CTM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CTM filings page.
Castellum, Inc. reported higher six‑month 2026 revenue of $28.2 million, up 10% from the prior‑year period, while remaining unprofitable with a six‑month net loss to common shareholders of $1.43 million. Second‑quarter revenue was $13.9 million, down 1% year over year, and the quarterly net loss widened to $1.05 million as higher subcontractor usage and operating costs pressured margins.
Cash increased to $16.9 million at June 30, 2026, with total liabilities of $5.9 million after repaying a $400,000 related‑party note and closing a prior revolving credit facility. A large contract backlog of $271.7 million and an estimated $953.5 million opportunity pipeline underscore revenue visibility, but three U.S. government customers accounted for 81% of revenue and 75% of receivables, leaving results highly dependent on federal budgets, continuing resolutions, and procurement timing.
Castellum, Inc. reported strong top-line growth but remained modestly unprofitable for the quarter ended March 31, 2026. Revenue rose to $14.3 million from $11.7 million, driven mainly by large Navy-related contracts at subsidiaries GTMR and SSI and additional labor on existing work.
Gross profit increased to $5.1 million, though higher subcontractor usage for new awards limited margin expansion. Operating loss improved to $0.7 million from $1.5 million, helped by lower general and administrative expenses and reduced stock-based compensation. Net loss to common shareholders narrowed to $0.4 million.
Castellum ended the quarter with $15.8 million of cash and total liabilities of $5.7 million, after fully repaying a related-party note and previously closing its revolving credit facility. Operating activities generated $1.3 million of cash. Total scheduled contract backlog was $273.3 million, including substantial funded and option value, though realization depends on future government funding decisions.
Castellum, Inc. (CTM) filed its Q3 2025 10‑Q. The company reported quarterly revenue of $14,619,687, up from $11,608,691 a year ago, and generated net income of $415,401 versus a prior‑year net loss. Gross profit was $5,490,568. Basic and diluted EPS were $0.00 compared with $(0.02) last year.
For the first nine months, revenue totaled $40,308,142 versus $34,466,131 in the prior year, with a smaller year‑to‑date net loss. Operating expenses declined year over year, and income from operations improved to $445,280 in the quarter from a loss in the prior period.
Cash was $17,818,338 at September 30, 2025. Total liabilities decreased to $9,523,811 from $17,655,409 at year‑end, reflecting repayment of the revolving credit facility and reduction of notes payable to $2,000,000. Stockholders’ equity rose to $36,728,812. Shares outstanding were 94,612,750 as of November 6, 2025. The company completed public offerings in March and June 2025 and reported warrant exercises. Three U.S. government customers represented 72% of year‑to‑date revenue.
Castellum, Inc. reported quarterly revenue of $14.02 million and six‑month revenue of $25.69 million, increases of 22% and 12% year‑over‑year, driven largely by a $103.3 million GTMR contract award and organic labor growth. Gross profit rose to $5.06 million for the quarter and $9.62 million for six months, while net loss narrowed to $0.35 million for the quarter and $1.55 million for six months.
Liquidity strengthened with cash of $14.73 million at June 30, 2025 and total liabilities reduced to $11.67 million, reflecting repayment of the revolver and principal paydowns on notes. Backlog totaled $201.99 million (funded $18.35 million, unfunded $22.45 million, priced options $161.19 million), with management expecting ~22% to be recognized within 12 months. Key risks noted in the filing include heavy customer concentration (three government customers represented 70% of revenue) and a significant accumulated deficit of $(55.63) million.