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Telos Corporation TLS Impairment loss on intangible assets — Goodwill impairment

Other segment segments

Revenues
$0

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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:GoodwillImpairmentLoss.

The official record: Telos Corporation’s 10-K, filed March 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Telos Corporation's impairment loss on intangible assets — goodwill impairment?
Telos Corporation (TLS) reported impairment loss on intangible assets — goodwill impairment of $3.73M in Q4 2025.
What does impairment loss on intangible assets — goodwill impairment mean?
This metric quantifies the reduction in the carrying value of goodwill when its fair value falls below its recorded book value within the business segment. Such an impairment charge indicates that the expected economic benefits from past acquisitions have diminished, often due to underperformance or adverse market shifts. It serves as a critical indicator of potential overpayment for assets or a decline in the segment's long-term growth prospects.