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Telos Corporation TLS Operating Income

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Other financials

Income statement

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Revenue$47.7M+32.7%
Gross profit$16.7M+39.9%
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$357.64M+72.4%
Enterprise value$313.95M+103%
P/S1.9×+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:OperatingIncomeLoss.

The source filing: Telos Corporation’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000320121-26-000037
Line itemFor the Three Months Ended / June 30, 2026For the Three Months Ended / June 30, 2025For the Six Months Ended / June 30, 2026For the Six Months Ended / June 30, 2025
Research and development expenses1,3451,5122,7023,083
Selling, general and administrative expenses15,03720,30329,60039,936
Total operating expenses16,38221,81532,30243,019
Operating income (loss)310(9,883)1,765(18,905)
Other income5015531,1981,114
Interest expense(107)(141)(218)(288)
Income (loss) before income taxes704(9,471)2,745(18,079)
Provision for income taxes(44)(46)(62)(42)

Item 1. Financial Statements (Unaudited)

FAQ

What is Telos Corporation's operating income?
Telos Corporation (TLS) reported operating income of $310K in Q2 2026.
How has Telos Corporation's operating income changed year-over-year?
Telos Corporation's operating income increased by 103.1% year-over-year, from -$9.88M to $310K.
What is the long-term trend for Telos Corporation's operating income?
Over 4 years (2021 to 2025), Telos Corporation's operating income has grown at a -1.0% compound annual growth rate (CAGR), from -$41.46M to -$39.88M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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