Telos Corporation (TLS)

NASDAQ: TLS · Real-Time Price · USD

5.58

+0.36 (6.90%)

At close: Oct 27, 2026, 4:00 PM EDT

5.58

0.00 (0.00%)

After-hours: Oct 27, 2026, 7:39 PM EDT

Telos Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	193.71	164.81	108.27	145.38	216.89	242.43
Revenue Growth	65.93%	52.21%	-25.52%	-32.97%	-10.54%	34.75%
Gross Profit	81.54	69.69	46.51	56.49	80.41	86.03
Operating Income	-3.8	-24.47	-43.83	-39.83	-53.27	-41.46
Net Income	-15.74	-36.55	-52.52	-34.42	-53.43	-43.13
Earnings Per Share	-0.22	-0.50	-0.73	-0.50	-0.79	-0.65
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Security Solutions	183.94	149.6	76.76	77.42	120.45	123.53
Secure Networks	9.77	15.21	31.51	67.96	96.43	118.9

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	50.65	53.18	54.58	99.26	119.31	126.56
Total Debt	6.97	8.06	10.15	11.47	13.23	15.25
Net Cash (Debt)	43.68	45.12	44.43	87.79	106.08	111.31
Net Cash Growth	-8.75%	1.55%	-49.39%	-17.24%	-4.70%	25.37%
Net Cash Per Share	0.59	0.62	0.62	1.27	1.57	1.68

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	34.62	30.18	-25.94	1.59	16.51	7.26
Capital Expenditures	-0.87	-0.74	-2.25	-0.93	-1.01	-3.2
Free Cash Flow	33.74	29.44	-28.19	0.66	15.5	4.06
Free Cash Flow Growth	-	-	-	-95.73%	281.65%	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	42.09%	42.29%	42.95%	38.86%	37.08%	35.49%
Operating Margin	-1.96%	-14.85%	-40.48%	-27.40%	-24.56%	-17.10%
Pretax Margin	-8.46%	-22.58%	-48.48%	-23.65%	-24.61%	-17.80%
Profit Margin	-8.13%	-22.18%	-48.51%	-23.68%	-24.63%	-17.79%
FCF Margin	17.42%	17.87%	-26.04%	0.46%	7.15%	1.68%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Forward PE	34.88	65.81	81.91	81.91	81.91	59.39
P/FCF Ratio	12.36	12.78	-	384.46	22.07	253.48
PS Ratio	2.15	2.28	2.29	1.75	1.58	4.25