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Telos Corporation TLS Total Operating Expenses

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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:OperatingExpenses.

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
Operating expenses:
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)

Item 1. Financial Statements (Unaudited)

FAQ

What is Telos Corporation's total operating expenses?
Telos Corporation (TLS) reported total operating expenses of $16.38M in Q2 2026.
How has Telos Corporation's total operating expenses changed year-over-year?
Telos Corporation's total operating expenses decreased by 24.9% year-over-year, from $21.82M to $16.38M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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