Castellum swings to Q3 2026 net loss of $453,904 year over year
CTM•Castellum reported a Q3 2026 net loss of $453,904, compared with net income of $415,401 a year earlier, while revenue rose to $14.7 million. It had $15.7 million in cash and no debt at September 30, and management expects record 2026 revenue.
1. Quarterly results
Castellum swung to a Q3 2026 net loss of $453,904 from net income of $415,401 a year earlier, while revenue rose year over year to $14.7 million. Its qualified opportunity pipeline increased 74% quarter over quarter to $1.66 billion, and scheduled backlog fell 6% to $254.5 million.
2. Cash and outlook
Castellum had $15.7 million in cash and no outstanding debt at September 30, 2026. Management expects record annual revenue in 2026 and views acquisitions as its principal opportunity to accelerate long-term growth.
