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Telos Corporation

TLS

Telos Corporation is a provider of advanced information technology solutions focusing on cybersecurity, cloud, and identity protection.

Market cap
$346.41M+77.9%
Revenue$181.9M+66.5%
Net income-$25.9M+51.8%
Free cash flow$32.0M+247%
EPS (diluted)-$0.35+53.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 10, 2026 (In 1 week)
Revenue estimate$45.2M
EPS estimate$0.02

Financials

Q1 2026

Income statement

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Revenue$47.7M+55.9%
Gross profit$17.4M+42.6%
Operating income$1.5M+116%
Net income$2.0M+124%
EPS (diluted)$0.03+125%

Balance sheet

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Cash & equivalents$50.2M-13.1%
Total debt$7.5M-21.9%
Total equity$96.5M-23.5%
Total assets$139.9M-11.5%

Cash flow

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Operating cash flow$8.7M+41.8%
CapEx$145.0K+17.9%
Free cash flow$8.5M+42.3%

Valuation & ratios

Valuation

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Market cap$346.41M+77.9%
Enterprise value$303.71M+88.0%
P/S1.9×+0.1×

Profitability

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Gross margin36.4%+3.8pp
Operating margin-16.2%-6.6pp
Net margin-14.2%-5.9pp
FCF margin17.6%+11.5pp

Returns & leverage

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Return on equity-23.3%-6.6pp
Debt / equity0.1×0.0×
Current ratio2.6×-1.4×

Segments

By segment

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Security Solutions Segment$46.0M+78.1%
Secure Networks Segment$1.8M-63.1%

By product

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Cost of sales – services$42.1M+45.8%

Competitors

Profile

Telos Corporation is a provider of advanced information technology solutions focusing on cybersecurity, cloud, and identity protection. The company serves as a critical partner to the U.S. federal government, delivering software and services designed to secure and defend complex networks and ensure regulatory compliance. Its value proposition centers on automating cyber risk management and providing scalable identity verification and secure networking technologies.

Competitive position

Telos is a specialized provider in the federal cybersecurity niche, leveraging long-standing government relationships and high-barrier-to-entry contract vehicles.

GeographiesUnited States
Customer segmentsU.S. Federal Government, Department of Defense, Homeland Security, Enterprise
Business modelSubscription SaaS, Professional Services, Firm-fixed-price contracts
SuppliersIT hardware manufacturers, Cloud infrastructure providers, Software component developers
CustomersDepartment of Defense (DoD), Department of Homeland Security (DHS), Transportation Security Administration (TSA), Federal Bureau of Investigation (FBI)
Listed2020
Employees619.0
CEOJohn Wood
Websitetelos.com
FilingsSEC EDGAR

Questions, answered.

What is Telos Corporation's market cap?
Telos Corporation (TLS) has a market capitalization of $346.4M and trades on NASDAQ.
What is Telos Corporation's revenue and profitability?
Telos Corporation generated $181.9M in trailing twelve-month revenue with a net loss of $25.9M, representing a net margin of -14.2%. Gross margin stands at 36.4%, with free cash flow of $32.0M. These figures are based on the Q1 2026 filing.
Who are Telos Corporation's competitors?
Telos Corporation's key competitors include Booz Allen Hamilton, Leidos, SAIC, and others. These companies compete in similar markets and product categories.
What subsidiaries does Telos Corporation have?
Telos Corporation's subsidiaries include Telos ID.
Where is Telos Corporation headquartered?
Telos Corporation is headquartered in United States of America and employs approximately 619 people. It has been publicly traded since 2020.