Castellum, Inc. (CTM) Form 10-Q — Aug 6, 2026
Castellum, Inc. (NYSE American: CTM) filed its Q2 2026 Form 10-Q, reporting quarterly revenue of $13.86 million, down 1% year over year, with net loss to common shareholders widening to $1.05 million from $0.35 million a year earlier as gross margin compressed on lower-margin subcontractor work. For the first half of 2026, revenue grew 10% to $28.16 million, driven by ramp-ups on the $103.3 million NAVAIR PMA-290 Special Missions contract at subsidiary GTMR and the $66.2 million NAWCAD Lakehurst contract won by Specialty Systems in October 2025.
Key figures
- Eps
- -0.02 (six months, basic and diluted; Q2 EPS was -0.01)
- Revenue
- 28156637
- Total Debt
- 0
- Revenue Yoy
- +10% (six months ended June 30, 2026 vs prior year period)
- Total Assets
- 41826807
- Cash Position
- 16865160
- Shares Outstanding
- 94781286
- Q2 Revenue
- 13864676
- Total Backlog
- 271748334
- Funded Backlog
- 21276987
- Gross Profit H1
- 9781640
- Unfunded Backlog
- 29049797
- Public Float Shares
- 93352235
- Options Outstanding
- 13062500
- Operating Cash Flow H1
- 2350849
- Opportunity Pipeline
- $953.5 million as of June 30, 2026
- Q2 Revenue Yoy Percent
- -1
- Warrants Outstanding
- 5653981
- Priced Options Backlog
- 221421550
- Customer Concentration
- 3 U.S. government customers = 81% of H1 2026 revenue (70% prior year)
- Stock Price At June302026
- 0.72
Price after filing
Close on the filing date to close N calendar days later (from $0.79). Historical, not a forecast.
AI analysis
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