Castellum, Inc. is a firm specializing in providing advanced services across critical domains such as cybersecurity, information technology, electronic warfare, and both information warfare and operations. Its comprehensive suite of capabilities encompasses intelligence analysis, full-lifecycle software development and engineering, strategic program management, mission planning, robust information assurance, and specialized support for cybersecurity policy, alongside sophisticated data analytics. The company caters to a diverse clientele, including agencies within the Federal government, entities in the financial services and healthcare industries, and various other sectors heavily reliant on data applications. Established in 2010, Castellum maintains its corporate headquarters in Bethesda, Maryland.
Castellum Announces Second Quarter and First Half 2026 Financial Results
Castellum reported second-quarter revenue of $13.9 million, stable year-over-year, while first-half revenue increased 10% to $28.2 million driven by the ramp-up of major prime contracts.
The company maintained a debt-free balance sheet with $16.9 million in cash and a total backlog of $271.7 million, giving management confidence that 2026 will be a record year for revenue.
Operational highlights included securing a $4.0 million U.S. Navy subcontract and a position on a $250 million Navy logistics IT vehicle, although Q2 gross margins compressed to 34% and net losses widened.