Castellum Q1 FY26 net loss narrows to $0.4 million; revenue rises 23% to $14.3 million

Castellum, Inc.

Castellum, Inc.

CTM

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  • Castellum posted Q1 revenue of $14.3 million, up 23%, while net loss narrowed to $0.4 million from $1.2 million a year earlier.
  • Adjusted EBITDA rose to $0.4 million from $0.08 million.
  • Total backlog climbed to a record $273.3 million as of March 31, up from $265 million at year-end, while qualified pipeline increased to $938 million from $817 million.
  • CEO Glen Ives said Q1 growth reflected momentum from 2025 contract wins, with production ramp-up driving results, and expects about 16% of backlog to be recognized over the next 12 months.
  • CFO David Bell said Castellum finished quarter with $15.8 million in cash and no long-term debt after paying off remaining obligations.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Castellum Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605080645PRIMZONEFULLFEED9716205) on May 08, 2026, and is solely responsible for the information contained therein.

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