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Telos Corporation TLS Increase (Decrease) in Prepaid Expense and Other Assets

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Other financials

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

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Market cap$315.74M+70.5%
Enterprise value$273.04M+99.2%
P/S1.7×0.0×

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×

Where this comes from

Reported directly by Telos Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

The official record: Telos Corporation’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Telos Corporation's increase (decrease) in prepaid expense and other assets?
Telos Corporation (TLS) reported increase (decrease) in prepaid expense and other assets of $3.75M in Q1 2026.
How has Telos Corporation's increase (decrease) in prepaid expense and other assets changed year-over-year?
Telos Corporation's increase (decrease) in prepaid expense and other assets increased by 224.3% year-over-year, from -$3.02M to $3.75M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.