CTMNYSEServices-Management Consulting ServicesFiscal year ends December 31
Castellum, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$0.57−0.01 (-2.04%)
Close on Oct 19, 2026
- Market cap
- $53.70M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2025
Gross margin
36.6%−9.7 pts over 5 years
Operating margin
-5.3%+5.7 pts over 5 years
Net margin
-4.5%+15.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +18.1% | +7.8% | +31.7% | – | |
| Gross profit | +6.0% | +3.2% | +25.7% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -85.0% | -8.6% | |
| Return on assets | – | – | -6.0% | |
| Current ratio | – | – | 4.40 | |
| Debt to equity | – | – | – | |
| Net debt to EBITDA | – | – | – | |
| Interest coverage | – | -2.0× | – | |
| Capex to revenue | – | 0.0% | 0.3% | |
| Diluted shares | – | 16M | 93M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Castellum generated $7.67M from operations and spent $272.83K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$7.67M
Used
$272.83K
Capital expenditure$272.83K100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-4.5%
×Asset turnover1.33×
×Equity multiplier1.43×
=Return on equity, FY2025-8.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -4.5% | 1.33× | 1.43× | -8.6% |
| FY2024 | -22.3% | 1.32× | 2.05× | -60.2% |
| FY2023 | -39.3% | 1.43× | 2.07× | -116.8% |
| FY2022 | -35.3% | 1.32× | 1.94× | -90.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$2.40M
- Cash generatingOperating cash flow above zero-$1.95M
- Return on assets improvedROA up on the prior year-33.1% → -6.3%
- Earnings backed by cashOperating cash flow above net income-$1.95M vs -$2.40M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.92 → 4.40
- No dilutionShare count did not rise55M → 93M
- Gross margin improvedGross margin up on the prior year40.81% → 36.64%
- More efficientAsset turnover rose1.49 → 1.40