TLS (Telos Corporation) Stock Financials & Earnings

TLSTelos Corporation

Mkt Cap$323M

Revenue (TTM)$144M

Net Income (TTM)-$30M

EPS (TTM)-$0.41

Free Cash Flow (TTM)$5M

Gross Margin38.3%

Op. Margin-21.7%

Net Margin-20.5%

FCF Margin3.2%

P/S Ratio (TTM)2.2x

P/E Ratio (TTM)—

YoY Rev Growth+17.4%

Employees—

Earnings Reports

Next: Q4 2025 · Mar 16

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q4 22	$47M	$18M	-$19M
Q1 23	$35M	$13M	-$13M
Q2 23	$33M	$12M	-$9M
Q3 23	$36M	$13M	-$10M
Q4 23	$41M	$14M	-$8M
Q1 24	$30M	$10M	-$8M
Q2 24	$28M	$10M	-$9M
Q3 24	$24M	$8M	-$17M
Q4 24	$26M	$11M	-$10M
Q1 25	$31M	$12M	-$9M
Q2 25	$36M	$12M	-$10M
Q3 25	$51M	$21M	-$2M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q4 22	$3M	$31M	$4M	—
Q1 23	$3M	$22M	$2M	—
Q2 23	$3M	$17M	$2M	—
Q3 23	$3M	$18M	$2M	—
Q4 23	$4M	$17M	$2M	—
Q1 24	$2M	—	—	$16M
Q2 24	$1M	—	—	$17M
Q3 24	$2M	—	—	$23M
Q4 24	$1M	$18M	$700K	—
Q1 25	$2M	—	—	$20M
Q2 25	$2M	—	—	$20M
Q3 25	$2M	—	—	$21M

Revenue Segments

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$119M	$0	$119M
Q1 23	$112M	$0	$112M
Q2 23	$103M	$0	$103M
Q3 23	$100M	$0	$100M
Q4 23	$99M	$0	$99M
Q1 24	$94M	$0	$94M
Q2 24	$80M	$0	$80M
Q3 24	$70M	$0	$70M
Q4 24	$55M	$0	$55M
Q1 25	$58M	$0	$58M
Q2 25	$57M	$0	$57M
Q3 25	$59M	$0	$59M

Shares Outstanding

Revenue Per Employee

Revenue / Employee