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Telos Corporation TLS Cost of sales – services — Total Revenue

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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$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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenue – services$40,594$29,301$82,655$58,146
Revenue – products7,1516,66712,8328,438
Total revenue47,74535,96895,48766,584
Cost of sales – services (excluding depreciation and amortization)22,53716,60545,77632,096
Cost of sales – products (excluding depreciation and amortization)6,0025,71610,5347,156
Depreciation and amortization2,5141,7155,1103,218
Total cost of sales31,05324,03661,42042,470
Gross profit16,69211,93234,06724,114

Item 1. Financial Statements (Unaudited)

FAQ

What is Telos Corporation's cost of sales – services — total revenue?
Telos Corporation (TLS) reported cost of sales – services — total revenue of $40.59M in Q2 2026.
How has Telos Corporation's cost of sales – services — total revenue changed year-over-year?
Telos Corporation's cost of sales – services — total revenue increased by 38.5% year-over-year, from $29.3M to $40.59M.
What is the long-term trend for Telos Corporation's cost of sales – services — total revenue?
Over 4 years (2021 to 2025), Telos Corporation's cost of sales – services — total revenue has grown at a -11.4% compound annual growth rate (CAGR), from $221.55M to $136.54M.
What does cost of sales – services — total revenue mean?
This metric represents the portion of total consolidated revenue generated specifically from the delivery of service-based solutions. It provides insight into the revenue contribution of the company's service segment relative to its overall business performance. Tracking this helps investors evaluate the scale and growth trajectory of the service-oriented revenue stream.

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