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Telos Corporation TLS Secure Networks — D&A

Other segment segments

Security Solutions
$2.51M+46.5%

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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$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:CostOfGoodsAndServicesSoldDepreciationAndAmortization.

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
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
Operating expenses:
Research and development expenses1,3451,5122,7023,083

Item 1. Financial Statements (Unaudited)

FAQ

What is Telos Corporation's secure networks — D&A?
Telos Corporation (TLS) reported secure networks — D&A of $3K in Q2 2026.
How has Telos Corporation's secure networks — D&A changed year-over-year?
Telos Corporation's secure networks — D&A increased by 200.0% year-over-year, from $1K to $3K.
What does secure networks — D&A mean?
This metric measures the non-cash allocation of costs for tangible and intangible assets specifically attributable to the Secure Networks segment. It is used to assess the capital intensity and the aging of the asset base supporting this business unit.

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