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Telos Corporation TLS Goodwill impairment

Goodwill impairment at other companies

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Parsons CorporationPSN
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ADTRAN Holdings, Inc.ADTN
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Segments

By segment

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Impairment loss on intangible assets$14.92M
Revenues$0

Other financials

Income statement

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Revenue$47.7M+32.7%
Gross profit$16.7M+39.9%
Operating income$310.0K+103%
Net income$660.0K+107%
EPS (diluted)$0.01+108%

Balance sheet

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Cash & equivalents$50.6M-11.1%
Total debt$7.0M-23.7%
Total equity$93.4M-21.1%
Total assets$139.7M-15.3%

Cash flow

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Operating cash flow$8.8M+27.1%
CapEx$246.0K+83.6%
Free cash flow$8.6M+26.0%

Valuation

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Market cap$301.52M+72.4%
Enterprise value$257.84M+103%
P/S1.6×+0.1×

Profitability

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Gross margin36.6%+4.2pp
Operating margin-9.9%-4.4pp
Net margin-8.1%-3.7pp
FCF margin17.4%+14.0pp

Returns & leverage

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Return on equity-14.9%-5.8pp
Debt / equity0.1×0.0×
Current ratio2.4×-0.3×

Where this comes from

Reported directly by Telos Corporation in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Telos Corporation’s 10-K, filed March 16, 2026.

Filed
Mar 16, 2026, 4:01 PM EDT
Fiscal year
FY2025
Accession
0000320121-26-000010
Line itemFor the Year Ended December 31, 2025For the Year Ended December 31, 2024
Operating expenses:
Research and development expenses7,0578,442
Selling, general and administrative expenses78,92575,487
Goodwill impairment14,916
Impairment loss on intangible assets6,373
Total operating expenses100,89890,302
Operating loss(39,881)(55,873)
Other income3,2254,023

Item 8. Consolidated Financial Statements and Supplementary Data

FAQ

What is Telos Corporation's goodwill impairment?
Telos Corporation (TLS) reported goodwill impairment of $3.73M in Q4 2025.
What does goodwill impairment mean?
Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

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