FY 2026 YTD Federal Spending Report - NAICS, PSC, UEI (June 2026)
- Dave Lowe
- Jun 1
- 12 min read
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The Q4 Clock Is Running: $366 Billion Down, Hundreds of Billions Left to Obligate Before September 30
The SAMradar FY2026 Year-to-Date Spending Report captures federal contract activity from October 1, 2025 through May 31, 2026, drawing from federal procurement (FPDS) and SAM.gov data. (Note: as of February 2026, FPDS data is no longer available on a standalone FPDS.gov site — all FPDS award data is now accessible only on SAM.gov, under the Awards Search.) Across its tabs, the report paints a detailed picture of how the government is awarding and spending taxpayer dollars two-thirds of the way through the fiscal year.
But this year, the calendar is the story. FY2026 opened with a 43-day government shutdown that ran from October 1 until November 11, 2025, after which a continuing resolution kept the lights on and the final full-year appropriations bills were not wrapped up until February 2026. When agencies spend the front of the year operating under a CR and budget uncertainty, they hold money back — and then rush to obligate it as the period of availability runs out. The Government Accountability Office describes exactly this pattern: as funds near the end of their availability, a “use-it-or-lose-it” mentality sets in and agencies race to obligate. A late start doesn’t shrink the year’s buying. It compresses it into the final months — and the single heaviest contracting month of the year is September.
If you sell to the government and you are not already in front of your buyers, the most important sentence in this report is this one: the biggest spending window of FY2026 has not happened yet.
Relevant Briefing:
June 2026 Government Spending Report Summary
The Summary tab provides the top-level snapshot. Through the first eight months of FY2026, the government executed roughly 2.91 million contract actions totaling approximately $366.2 billion in obligations. And that figure is understated — the report flags that Department of Defense reporting in FPDS typically lags by 90 days, so the true total is meaningfully higher than what is captured here.
The most important pattern in the data is how little competition most of these awards saw:
About 66.4% of all actions — roughly 1.93 million contracts — reported no number of offers (which usually means a single offer), accounting for nearly $107.0 billion.
Another 10.9% — about 317,000 contracts — received exactly one offer, worth $94.3 billion.
Together, that is more than 77% of all contract actions and about 55% of all dollars ($201 billion) flowing through awards that drew little or no competition.
This is the single most actionable fact in the entire report. The majority of federal money is not moving through wide-open, heavily contested bids. It is moving to vendors the buyer already knew, already trusted, and had often already shaped the requirement around. The report also notes that only 90,881 opportunities were posted publicly on SAM.gov during this window — roughly 3% of all contract actions. The other ~97% of activity never appeared as a public solicitation you could have found by watching SAM.gov.
Read that again: if your pipeline depends on solicitations posted to SAM.gov, you are watching 3% of the market.
Agencies
The Agencies tab ranks 160+ federal agencies and sub-agencies by contract dollars obligated. Defense dominates the top of the list:
# | Agency | Dollars | Contracts |
1 | Department of the Navy | $48.7B | 57,196 |
2 | Department of Energy | $42.9B | 6,499 |
3 | Department of Veterans Affairs | $42.3B | 70,510 |
4 | Department of the Air Force | $41.6B | 31,107 |
5 | Department of the Army | $29.5B | 37,100 |
6 | U.S. Customs and Border Protection | $25.6B | 2,850 |
7 | Defense Logistics Agency | $20.7B | 1,513,605 |
8 | Federal Acquisition Service (GSA) | $13.4B | 898,264 |
9 | NASA | $11.4B | 16,743 |
10 | Defense Health Agency | $10.2B | 3,773 |
Two contrasts are worth a contractor’s attention. U.S. Customs and Border Protection placed $25.6 billion across just 2,850 contracts — an average award near $9 million, signaling a small number of very large, relationship-driven buys tied to border and immigration priorities. At the opposite extreme, the Defense Logistics Agency processed more than 1.5 million transactions for $20.7 billion — a torrent of high-volume commodity buying where speed, catalog presence, and incumbency matter more than any single solicitation.
At the very bottom of the list, a handful of agencies show negative balances (for example, the Administration for Children and Families at roughly –$37 million), reflecting de-obligations and funding clawbacks rather than new buying.
NAICS
The NAICS tab breaks spending across more than 1,000 industry codes, revealing which sectors benefit most from federal procurement:
NAICS | Description | Dollars | Contracts |
236220 | Commercial and Institutional Building Construction | $30.0B | 17,376 |
561210 | Facilities Support Services | $27.5B | 16,297 |
336411 | Aircraft Manufacturing | $25.9B | 5,077 |
524114 | Direct Health and Medical Insurance Carriers | $19.9B | 1,094 |
541330 | Engineering Services | $19.6B | 29,692 |
541715 | R&D in Physical, Engineering, and Life Sciences | $18.8B | 23,900 |
541512 | Computer Systems Design Services | $14.2B | 19,725 |
325412 | Pharmaceutical Preparation Manufacturing | $11.8B | 13,772 |
336611 | Ship Building and Repairing | $10.2B | 12,184 |
Construction and facilities work lead the table, driven heavily by the operation of government-owned, contractor-operated facilities such as the national laboratories. Aircraft and shipbuilding reflect the defense buildout. And the professional-services cluster — engineering, R&D, computer systems design, and custom programming — collectively exceeds $57 billion, underscoring how dependent the government is on the private sector for technical talent. These services codes are predominantly funded with annual appropriations — exactly the money that must be obligated by September 30 or surrendered.
PSC
The Product and Service Code tab offers a more granular view across more than 2,000 codes describing what the government is actually buying:
PSC | Description | Dollars | Contracts |
M1JZ | Operation of Miscellaneous Buildings | $16.9B | 377 |
Y1PZ | Construction of Other Non-Building Facilities | $16.9B | 857 |
6505 | Drugs and Biologicals | $15.3B | 219,684 |
Q201 | Medical — Managed Healthcare | $14.0B | 6,159 |
1510 | Aircraft, Fixed Wing | $13.7B | 766 |
R499 | Support — Professional: Other | $13.4B | 74,961 |
R425 | Support — Professional: Engineering/Technical | $11.7B | 16,084 |
Healthcare surfaces across multiple codes — drugs and biologicals alone moved across more than 219,000 transactions — and the professional-support codes (R499 and R425) together represent more than $25 billion spread across roughly 91,000 contracts. That combination of high dollars and high transaction counts is the signature of recurring, services-heavy demand: the kind of work that comes up again and again, where an incumbent relationship is the difference between renewal and replacement.
Vendor Wins
The Vendor Wins tab lists more than 82,000 unique vendors who received awards during the period:
# | Vendor | Dollars | Contracts |
1 | TriWest Healthcare Alliance Corp. | $9.6B | 83 |
2 | Fisher Sand & Gravel Co. | $8.8B | 21 |
3 | McKesson Corporation | $8.5B | 2,718 |
4 | Lockheed Martin Corporation | $6.5B | 817 |
5 | The Boeing Company | $5.2B | 510 |
6 | Triad National Security, LLC | $5.1B | 22 |
7 | Optum Public Sector Solutions, Inc. | $4.6B | 39 |
8 | Barnard Construction Company | $4.6B | 17 |
9 | National Technology & Engineering Solutions of Sandia | $4.3B | 22 |
The headline names are familiar — military healthcare administrators, defense primes, national-laboratory operators, a major pharmaceutical distributor, and large construction firms tied to border and infrastructure work. Fisher Sand & Gravel’s $8.8 billion across only 21 contracts is a vivid reminder that a handful of very large, relationship-driven awards can vault a firm to the top of the table.
But here is the number that should encourage every small and mid-sized contractor: the top 10 vendors account for only about 16.5% of all dollars. The remaining ~83.5% is spread across more than 82,000 other companies. This is not a winner-take-all market. It is an enormous, fragmented, long-tail market — and most of it is won by firms that simply got to the buyer earlier and built a relationship before the requirement was finalized.
Vendors (Detailed)
The Vendors (Detailed) tab pairs each vendor’s awards with their specific NAICS and PSC codes, producing more than 221,000 line items. This granularity is where competitive intelligence lives, because it shows not just who is winning, but exactly what kind of work they are winning and which buyers they are winning it from. A few examples from the data:
McKesson — $8.5B concentrated in Pharmaceutical Preparation Manufacturing (NAICS 325412) under Drugs and Biologicals (PSC 6505).
Fisher Sand & Gravel — $7.3B in Building Construction (236220) under Construction of Non-Building Facilities (Y1PZ), reflecting large-scale border construction.
TriWest — $5.9B in Health and Medical Insurance Carriers (524114) under Government Health Insurance Programs (G007).
Triad National Security — $5.1B in Facilities Support Services (561210) under Operation of Miscellaneous Buildings (M1JZ) — i.e., national-laboratory operations.
Boeing — $4.8B in Aircraft Manufacturing (336411) under Fixed-Wing Aircraft (1510).
For a contractor, this tab answers the most useful pre-pursuit question there is: Who is already eating in my exact NAICS/PSC lane, and which office is feeding them? That is the starting point for displacing an incumbent — or for becoming one.
Winnable Opportunity Matrix — Where the Report Becomes a Plan
Every tab above tells you what happened. The Winnable Opportunity Matrix is the tab that tells you what to do about it. It is a pursuit-scoring framework that converts raw award data into a relationship-driven action plan, and it is built around one hard truth that the competition data on the Summary tab proves: federal awards are won on relationships established long before the RFP drops, not on proposals submitted after it does.
The matrix walks through every dimension of a pursuit and forces you to score it honestly. A few principles drive it:
“Days Known Before Release” is one of the most important factors. The earlier you knew an opportunity was coming, the more time you had to shape the requirement, educate the buyer, and position your solution. A requirement you first see as a posted solicitation is, statistically, a requirement someone else already shaped. Remember: only ~3% of activity ever posts publicly, and 77% of awards saw little or no competition. Early knowledge is the competitive advantage.
The relationship columns are the other critical factors, scored on a –5 to +5 scale. Positive scores reflect buyers and influencers who know you, trust you, and want you to win. Negative scores reflect relationships your competitors own. And the matrix’s central rule is unforgiving: any stakeholder you’ve marked “Unknown” is automatically scored red. An unknown buyer is not a neutral — it is a gap, and a gap is a loss waiting to happen.
The goal of the matrix — and the goal of building these relationships — is simple:
Identify the gaps. Find the buyers, contracting officers, program managers, and influencers in your target NAICS/PSC and agency that you do not yet know.
Convert unknowns into contacts. Every “Unknown” is an assignment: get a name, get a meeting, get on the radar before the next requirement is written.
Move every relationship up the scale. Turn red into yellow and yellow into green by delivering value, demonstrating past performance, and becoming the obvious answer to the buyer’s problem.
Use negative scores as competitive intelligence. A relationship a competitor owns tells you exactly where you need to invest to compete — and where you should not waste a Q4 you can’t win.
Used this way, the matrix stops being a spreadsheet and becomes a living pipeline manager: a weekly discipline of closing relationship gaps so that when the September obligation surge hits, you are a known, trusted, positioned vendor — not an unknown bidder hoping to be discovered.
The Remaining Budget — and Why September 30 Is a Hard Deadline
Here is the part of the federal calendar that should drive every marketing decision you make between now and the end of the fiscal year.
The federal fiscal year ends September 30. The vast majority of the operating money agencies use to buy services, supplies, IT labor, and facilities support comes from annual (one-year) appropriations. That money carries a hard rule: if the agency does not obligate it by September 30, the authority to use it generally expires — the funds revert and, in the agency’s eyes, are lost. (The exceptions are multi-year and no-year appropriations — chiefly large defense procurement, R&D, shipbuilding, and military construction. Those carry over, but they are the outliers, and they skew toward the big primes, not the broad base of vendors this report serves. For nearly everyone reading this, the rule is: spend it or lose it.)
One precision that works in your favor: the deadline is to obligate — to award the contract or order — not to fully spend or complete the work. A contract signed in late September captures the money even if delivery and payment run well into the next year. The countdown that matters to you is the countdown to the award. And the award is exactly what an early relationship influences.
How much is left? Consider the scale:
For context, the government committed about $755 billion on contracts in FY2024 (GAO). FY2026 is funded at a comparable discretionary topline of roughly $1.56–1.6 trillion in total budget authority (much of which flows to payroll, grants, and benefits rather than contracts).
This report shows roughly $366 billion in contract obligations through May 31 — and that figure is suppressed by the 90-day DoD reporting lag.
If FY2026 contract spending tracks anywhere near recent years, well over $350 billion in contract dollars remains to be obligated — and the bulk of it will land in the July–September window.
The year-end concentration is not a theory; it is one of the most documented patterns in federal procurement. Mercatus Center research found that across 2003–2013, roughly 16.9% of all contract obligations occurred in September alone — more than double the 8.3% you’d expect if spending were spread evenly — with some agencies pushing a third or more of their entire annual buying into that final month.
The National Taxpayers Union tracked a roughly 74% spike in contract awards in September versus the average month. And because FY2026 began under a shutdown and a continuing resolution, even more of this year’s buying than usual has been pushed toward the end.
Translation for contractors: the largest, fastest, least-contested buying surge of the entire year is still ahead of you — and it has a non-negotiable expiration date. Buyers with money they must obligate before September 30 are not looking for a competition to run. They are looking for a known, ready, low-risk vendor who can take the award now. The only question is whether that vendor is you.
Relevant Briefing:
How to Use SAMradar Intelligence to Get In Front of Buyers — Now
This report is a map. SAMradar is how you act on it before the clock runs out. The play is straightforward:
Find the money in your lane. Use the NAICS, PSC, and Agency tabs to pinpoint exactly which buyers are spending in your codes and which competitors are winning that work. Cross-reference the Vendors (Detailed) tab to see the precise NAICS/PSC combinations your competitors are winning and the offices feeding them.
Monitor the buyers and the incumbents — not just SAM.gov. Since only ~3% of activity ever posts publicly, watching solicitations means missing the market. SAMradar’s intelligence surfaces buyer and prime activity — including IDIQ, GWAC, and BPA orders and modifications that never appear on SAM.gov — so you can see where money is actually moving and who is moving it. Add your top competitors and target buyers to your SAMradar monitor and watch their activity in real time.
Identify the relationship gaps. For every active buyer in your codes, ask the matrix question: do I know this contracting officer, this program manager, this end user? Mark the unknowns. Those red cells are your Q4 target list.
Inject yourself into the conversation before the next obligation. When you see a buyer obligating in your lane, reach out now — not to chase a posted RFP, but to introduce your capability, your past performance, and your readiness to take an award fast. With expiring funds and a hard September 30 deadline, a buyer’s biggest fear is being unable to obligate in time. Be the vendor who removes that fear.
Convert intelligence into relationships, and relationships into awards. Move every contact up the –5 to +5 scale. The vendors who win the year-end surge are not the ones with the best proposals. They are the ones the buyer already knew, already trusted, and could award to without risk. SAMradar gets you the names and the timing. The relationship is what closes the deal.
The window between now and September 30 is the most concentrated, highest-velocity buying period in government. Use the data to find the buyers. Use SAMradar to reach them. And start today — because the money that isn’t obligated by September 30 doesn’t roll over. It’s gone.
About This Government Spending Report
Report Sources. FPDS (the Federal Procurement Data System) is the system of record for federal contract award data. Important: as of February 2026, FPDS data is no longer available on a standalone FPDS.gov site — all FPDS award data is now accessible only on SAM.gov, under the Awards Search. SAM.gov is therefore now the single public destination both for posted opportunities and for running reports on the underlying FPDS award data. SAMradar adds proprietary intelligence algorithms that provide deeper insight into buyer and prime activity that is not available through the SAM.gov Awards Search.
Why Date Signed vs. Date Modified? Both matter. Contract modifications reveal spending and prime activity that is otherwise hidden — IDIQ, GWAC, and BPA sales that never post on SAM.gov. New contract activity by date signed matters because most of it never posts on SAM.gov either, which means most contractors never learn about federal sales happening in their NAICS/PSC niche. SAMradar is built to surface both.
Report Anatomy and Use Cases. Each tab can be sorted by number of contracts (activity) and by dollars (spending), giving you both a competitive-activity view and a total-spending view. The SAMradar workflow:
Find competitors in your space and add them to your SAMradar monitoring.
See competitor and buyer activity in real time.
Choose your response strategy (see SAMradar templates).
Inject your company into the conversation — especially for future procurements.
Reconciling Inaccuracies. Federal contract records contain hundreds of data points per action, entered by thousands of contracting officers and specialists. The data is therefore imperfect: corrections, deletions, agencies using fields differently, and DoD’s 90-day FPDS reporting lag all create anomalies in any summarized report. SAMradar’s analysts continually review the data for these anomalies but do not alter them, because doing so would compromise the integrity of the reports. The “Winnable Opportunity Matrix” tab in this edition is provided as a working template for your own pursuit analysis.
Sources
SAMradar FY2026 YTD Spending Report (June 1, 2026) — Summary, Agencies, NAICS, PSC, Vendor Wins, and Vendors (Detailed) tabs; FPDS award data accessed via the SAM.gov Awards Search (as of February 2026, the sole public source for FPDS data).
U.S. GAO, A Snapshot of Government-Wide Contracting for FY2024 — ~$755 billion in federal contract obligations. gao.gov
U.S. GAO (GAO-17-807T), Budget Uncertainty and Disruptions Affect Timing of Agency Spending — the “use-it-or-lose-it” rush to obligate. gao.gov
CRS / CBO, Overview of Continuing Appropriations for FY2026 (P.L. 119-37) — ~$1.560T annualized FY2026 discretionary budget authority; 43-day shutdown ended Nov. 12, 2025. congress.gov
This report and analysis are provided for informational and business-development purposes and do not constitute legal, financial, or procurement advice.
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