Fed Spend Map

Recipients › Massachusetts › The Mathworks, Inc.

Recipient organisation · UEI YQXBZHMXEVE5

The Mathworks, Inc.

Natick, MA · rank 4,814 of 30,989 listed organisations · 138 of 969 in MA

$20Maward obligations, FY2026100% contracts · 4 of 5 years listed

USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026. View the USAspending recipient profile.

Department of Defense → Contracts: $54MNational Aeronautics and Space Administration → Contracts: $2.2MDepartment of Commerce → Contracts: $1.2MDepartment of Defense$54MNational Aeronautics and Space…$2.2MDepartment of Commerce$1.2MContracts$58M
Awarding agencies to award types, by the value of awards of $1.0M or more begun since FY2023.

The Mathworks, Inc., of Natick, MA, was obligated $119M in federal awards across the 4 fiscal years in which it reached the $1.0M listing floor (2023, 2024, 2025, 2026).

In FY2026, the most recent complete fiscal year, obligations were $20M, of which $20M (100%) came through contracts.

That is down 43% on FY2025 ($35M).

The Mathworks, Inc. ranks 138 of 969 listed organisations located in MA by five-year obligations, and 4,814 of 30,989 nationally.

Its $1.0M-plus awards since FY2023 came from Department of Defense, National Aeronautics and Space Administration and Department of Commerce: 21 awards worth $58M in total award value.

Its largest contract industry is NAICS 513210 (Software Publishers), where it ranks 13 of 171 organisations by the value of $1.0M-plus awards.

$20Mobligations, FY2026FY2026 (1 Oct 2025 – 30 Sep 2026) · obligations
$119Mfive-year total, listed yearsFY2023–FY2027 to date · obligations4 of 5 years listed
under $1.0MFY2027 to dateFY2027 (1 Oct 2026 – 30 Sep 2027), through 30 Sep 2026 · obligations
21awards of $1.0M+ begun since FY2023FY2023–FY2027$58M total award value
3awarding agenciesFY2023–FY2027

Obligations by fiscal year contracts vs assistance

$31M
$33M
$35M
$20M
under $1.0M
FY2023FY2024FY2025FY2026FY2027*
Obligations to The Mathworks, Inc. by fiscal year: contracts (navy) and financial assistance (green). A year marked "under $1.0M" fell below the listing floor for that year. *FY2027 runs to the data date and is incomplete.
Fiscal yearAll obligationsContractsAssistanceChange
FY2023$31,397,830$31,397,830$0—
FY2024$33,062,552$33,062,552$0+5%
FY2025$34,677,325$34,677,325$0+5%
FY2026$19,913,587$19,913,587$0-43%
FY2027 to dateunder $1.0M———

A fiscal year runs 1 October to 30 September. "Contracts" are procurement award types A–D; "assistance" is everything else (grants, direct payments, loan subsidy cost, insurance, other). The contracts column is listed only where contract obligations alone reached $1.0M; the assistance figure is the remainder and may therefore include up to $1.0M of contracts.

Compared with its state and the largest recipients five listed years

MeasureThis organisationLargest in MALargest nationally
Five-year obligations (listed years)$119M$70B$416B
FY2026 obligations$20M$16B$118B
Contracts, five years$119Munder $1.0M$94B
Assistance, five years$0$70B$416B
Rank by five-year obligations4,814 of 30,9891 of 969 in MA1

Largest in state: The Commonwealth of Massachusetts. Largest nationally: Health Care Services, California Department of. Rankings count organisations located in the state, by the sum of their listed fiscal years.

Awarding agencies $1.0M+ awards since FY2023

#AgencyAwardsAward valueShare
1Department of Defense18$54M94%
2National Aeronautics and Space Administration2$2.2M4%
3Department of Commerce1$1.2M2%

Contract industries NAICS

Rank within NAICS 513210: 13 of 171 organisations by $1.0M+ award value; see Software Publishers.

Places of performance $1.0M+ awards

Ohio$5.4M

Counties: Middlesex County, MA $22M · St. Mary's County, MD $15M · Greene County, OH $5.4M · District of Columbia, DC $5.3M · Morris County, NJ $3.9M

Largest awards begun since FY2023

Awarding agencyTypeIndustry or programAward valueBegunPlaceRecord
Department of DefenseDepartment of the NavyContractDelivery Order511210 Software Publishers$15M24 May 2023MDUSAspending
Department of DefenseDepartment of the NavyContractDefinitive Contract513210 Software Publishers$5.3M30 Jun 2025DCUSAspending
Department of DefenseDepartment of the ArmyContractDefinitive Contract513210 Software Publishers$3.9M29 Aug 2023NJUSAspending
Department of DefenseDepartment of the Air ForceContractPurchase Order513210 Software Publishers$3.7M27 Dec 2022OHUSAspending
Department of DefenseDepartment of the Air ForceContractPurchase Order513210 Software Publishers$3.6M28 Dec 2022MAUSAspending
Department of DefenseDepartment of the Air ForceContractPurchase Order513210 Software Publishers$2.9M25 Jan 2024MAUSAspending
Department of DefenseDepartment of the NavyContractDelivery Order511210 Software Publishers$2.6M22 Jun 2023MAUSAspending
Department of DefenseDepartment of the NavyContractPurchase Order513210 Software Publishers$2.6M23 May 2025VAUSAspending
Department of DefenseDepartment of the NavyContractPurchase Order513210 Software Publishers$2.3M27 Sep 2024MAUSAspending
Department of DefenseDepartment of the NavyContractPurchase Order513210 Software Publishers$1.9M25 Jun 2025RIUSAspending
Department of DefenseDepartment of the Air ForceContractPurchase Order513120 Periodical Publishers$1.7M30 Dec 2025OHUSAspending
Department of DefenseDepartment of the Air ForceContractPurchase Order513210 Software Publishers$1.6M29 Dec 2025MAUSAspending

Award value is the amount obligated to the award to date as USAspending reports it. Descriptions below are USAspending's text, unedited and truncated; those that appear to name a person are withheld.

Questions and answers

How much federal money does The Mathworks, Inc. receive?

$119M in award obligations over the fiscal years it is listed for (FY2023: $31M; FY2024: $33M; FY2025: $35M; FY2026: $20M). Years not listed were under the $1.0M floor. Obligations are binding commitments, not payments made.

Which agencies award to The Mathworks, Inc.?

By the value of $1.0M-plus awards begun since FY2023: Department of Defense ($54M), National Aeronautics and Space Administration ($2.2M) and Department of Commerce ($1.2M).

What is the money for?

Contracts are classified under NAICS 513210 Software Publishers, NAICS 511210 Software Publishers and NAICS 513120 Periodical Publishers.

Where is the work performed?

Primary places of performance for its larger awards: MA ($22M), MD ($16M), OH ($5.4M) and DC ($5.3M).

Is The Mathworks, Inc. a large federal recipient?

It ranks 4,814 of 30,989 organisations on this site by five-year obligations and 138 of 969 located in MA. The site covers organisations with at least $1.0M in a fiscal year; individuals are excluded.

Where does this data come from?

USAspending.gov (U.S. Treasury), award transactions as loaded on 30 Sep 2026; fiscal-year totals via the spending-by-category endpoint and award lists via the award search endpoint. The USAspending recipient profile is the authoritative record.

Provenance

Source: USAspending.gov API v2 (U.S. Department of the Treasury, Bureau of the Fiscal Service), CC0. Fiscal-year obligations from the spending-by-category recipient ranking by recipient state (listing floor $1.0M per year); awards from the award search endpoint (new awards of $1.0M or more by base obligation date); parent and business categories from the recipient profile where fetched. Closed fiscal years are snapshots taken after year end; FY2027 is refreshed on each build. Data loaded by USAspending on 30 Sep 2026. Individuals and sole proprietors are excluded at ingest. Errors in processing are corrected at the next build; see corrections and the methodology.