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TLS (Telos Corporation) Stock Financials & Earnings | Market Cap Arena
TLS
Telos Corporation
Mkt Cap
$323M
Technology
·
Information Technology Services
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$144M
Net Income (TTM)
-$30M
EPS (TTM)
-$0.41
Free Cash Flow (TTM)
$5M
Gross Margin
38.3%
Op. Margin
-21.7%
Net Margin
-20.5%
FCF Margin
3.2%
P/S Ratio (TTM)
2.2x
P/E Ratio (TTM)
—
YoY Rev Growth
+17.4%
Employees
—
Earnings Reports
▶
Q3 2025
Browse All Reports
Next: Q4 2025 · Mar 16
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
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
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q4 22
1.5x
—
Q1 23
1.6x
—
Q2 23
1.8x
—
Q3 23
2.1x
—
Q4 23
2.2x
—
Q1 24
2.3x
—
Q2 24
2.4x
—
Q3 24
2.6x
—
Q4 24
3.0x
—
Q1 25
3.0x
—
Q2 25
2.8x
—
Q3 25
2.2x
—
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q4 22
-$4M
-$8M
Q1 23
-$100K
-$4M
Q2 23
-$4M
-$4M
Q3 23
$846K
-$3M
Q4 23
$5M
$4M
Q1 24
-$350K
-$4M
Q2 24
-$8M
-$11M
Q3 24
-$7M
-$7M
Q4 24
-$11M
-$15M
Q1 25
$6M
$6M
Q2 25
$7M
$7M
Q3 25
$9M
$7M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q4 22
$4M
Q1 23
$4M
Q2 23
$47K
Q3 23
$4M
Q4 23
$576K
Q1 24
$3M
Q2 24
$3M
Q3 24
$49K
Q4 24
$4M
Q1 25
$123K
Q2 25
$134K
Q3 25
$3M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q4 22
-26.1%
-2.3%
Q1 23
-29.8%
-27.6%
Q2 23
-41.0%
-39.3%
Q3 23
-43.1%
-36.6%
Q4 23
-13.3%
-26.1%
Q1 24
-15.9%
-21.0%
Q2 24
-13.4%
-12.4%
Q3 24
-34.3%
-11.6%
Q4 24
-35.8%
-26.3%
Q1 25
+3.4%
+4.1%
Q2 25
+26.2%
+23.4%
Q3 25
+116.3%
+33.0%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q4 22
$20M
43.2%
Q1 23
$9M
27.0%
Q2 23
$8M
23.5%
Q3 23
$5M
14.4%
Q4 23
$2M
4.7%
Q1 24
$3M
10.1%
Q2 24
$2M
7.8%
Q3 24
$9M
37.1%
Q4 24
$7M
28.0%
Q1 25
$7M
23.0%
Q2 25
$8M
21.6%
Q3 25
$9M
18.2%
marketcaparena.com
OpEx Breakdown
R&D
G&A
S&M
SG&A
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
marketcaparena.com
Revenue Segments
Product
Service
Quarter
Product
Service
Q4 22
$8M
$39M
Q1 23
$4M
$32M
Q2 23
$4M
$29M
Q3 23
$2M
$34M
Q1 24
$768K
$29M
Q2 24
$2M
$27M
Q3 24
$2M
$22M
Q1 25
$2M
$29M
Q2 25
$7M
$29M
Q3 25
$8M
$43M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
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
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q4 22
67M
-0.3%
Q1 23
68M
+1.3%
Q2 23
69M
+1.8%
Q3 23
70M
+0.2%
Q4 23
70M
+0.4%
Q1 24
71M
+1.1%
Q2 24
72M
+2.0%
Q3 24
72M
+0.4%
Q4 24
72M
+0.2%
Q1 25
73M
+0.4%
Q2 25
73M
+0.6%
Q3 25
73M
-0.5%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 13
$387K
536
FY 14
$237K
538
FY 15
$232K
521
FY 16
$269K
502
FY 17
$212K
508
FY 18
$220K
627
FY 19
$218K
730
FY 20
$229K
785
FY 21
$286K
849
FY 22
$294K
738
FY 23
$235K
619
FY 24
$209K
519
marketcaparena.com