TLS
Telos Corp
NASDAQ: TLS · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$4.27
-2.29% today
Updated 2026-04-30
Market cap
$344.56M
P/E ratio
—
P/S ratio
2.09x
EPS (TTM)
$-0.50
Dividend yield
—
52W range
$2 – $8
Volume
0.7M
Telos Corp (TLS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $140.87M | $226.59M | $217.07M | $275.68M | $225.80M | $189.89M | $226.10M | $207.39M | $127.56M | $120.63M | $134.87M | $107.73M | $138.02M | $159.22M | $179.92M | $242.43M | $216.89M | $145.38M | $108.27M | $164.81M |
| Revenue growth (YoY) | — | +60.8% | -4.2% | +27.0% | -18.1% | -15.9% | +19.1% | -8.3% | -38.5% | -5.4% | +11.8% | -20.1% | +28.1% | +15.4% | +13.0% | +34.7% | -10.5% | -33.0% | -25.5% | +52.2% |
| Cost of revenue | $119.02M | $185.00M | $172.64M | $230.11M | $178.50M | $142.34M | $171.29M | $168.79M | $102.61M | $89.96M | $91.42M | $67.16M | $84.95M | $106.87M | $117.50M | $156.40M | $137.84M | $92.44M | $73.84M | $103.79M |
| Gross profit | $21.85M | $41.58M | $44.43M | $45.57M | $47.30M | $47.54M | $54.81M | $38.60M | $24.95M | $30.67M | $43.45M | $40.57M | $53.06M | $52.34M | $62.42M | $86.03M | $79.04M | $52.94M | $34.43M | $61.02M |
| Gross margin | 15.5% | 18.4% | 20.5% | 16.5% | 20.9% | 25.0% | 24.2% | 18.6% | 19.6% | 25.4% | 32.2% | 37.7% | 38.4% | 32.9% | 34.7% | 35.5% | 36.4% | 36.4% | 31.8% | 37.0% |
| R&D | — | — | — | — | — | — | $1.20M | $1.70M | $2.20M | $2.10M | $2.60M | $3.20M | $3.50M | $10.65M | $14.24M | $19.10M | $16.92M | $12.25M | $8.44M | $7.06M |
| SG&A | $30.87M | $32.23M | $32.23M | $31.86M | $32.29M | $34.86M | $37.11M | $32.49M | $36.60M | $34.29M | $41.33M | $40.15M | $29.28M | $30.72M | $41.70M | $88.74M | $99.39M | $73.89M | $75.49M | $78.92M |
| Operating income | $-9.03M | $9.35M | $14.61M | $13.71M | $15.01M | $12.69M | $17.70M | $6.11M | $-11.64M | $-3.62M | $2.11M | $414000.00 | $9.01M | $5.03M | $297000.00 | $-41.46M | $-53.85M | $-40.31M | $-55.87M | $-24.47M |
| Operating margin | -6.4% | 4.1% | 6.7% | 5.0% | 6.6% | 6.7% | 7.8% | 2.9% | -9.1% | -3.0% | 1.6% | 0.4% | 6.5% | 3.2% | 0.2% | -17.1% | -24.8% | -27.7% | -51.6% | -14.8% |
| EBITDA | $-7.24M | $15.93M | $16.23M | $15.27M | $16.80M | $15.73M | $27.17M | $9.93M | $-6.98M | $693000.00 | $5.01M | $2.42M | $12.05M | $10.20M | $19.41M | $-36.76M | $-46.61M | $-24.17M | $-39.98M | $-13.02M |
| EBITDA margin | -5.1% | 7.0% | 7.5% | 5.5% | 7.4% | 8.3% | 12.0% | 4.8% | -5.5% | 0.6% | 3.7% | 2.3% | 8.7% | 6.4% | 10.8% | -15.2% | -21.5% | -16.6% | -36.9% | -7.9% |
| EBIT | $-9.09M | $14.18M | $14.80M | $13.80M | $15.18M | $13.01M | $23.36M | $6.11M | $-11.23M | $-3.60M | $2.11M | $425000.00 | $9.03M | $5.23M | $14.05M | $-42.38M | $-52.50M | $-33.60M | $-51.85M | $-24.47M |
| Interest expense | $20.58M | $0.00 | $7.70M | $7.23M | $6.23M | $6.26M | $6.63M | $5.48M | $5.37M | $5.64M | $5.46M | $6.69M | $7.26M | $7.47M | $7.26M | $777000.00 | $874000.00 | $786000.00 | $644000.00 | $553000.00 |
| Income tax | $12000.00 | $280000.00 | $-5.73M | $4.26M | $4.71M | $3.24M | $7.23M | $1.68M | $-5.99M | $4.26M | $334000.00 | $-2.77M | $31000.00 | $-104000.00 | $-46000.00 | $-28000.00 | $54000.00 | $36000.00 | $26000.00 | — |
| Effective tax rate | -0.0% | 4.8% | -115.6% | 76.9% | 60.7% | 69.0% | 49.3% | -178.5% | 32.8% | -36.5% | -4.9% | 32.2% | -1.9% | 1.6% | -2.8% | 0.1% | -0.1% | -0.1% | -0.0% | 0.0% |
| Net income | $-29.68M | $5.55M | $10.69M | $1.28M | $3.05M | $1.45M | $7.43M | $-2.62M | $-12.29M | $-15.94M | $-7.17M | $-5.83M | $-1.64M | $-6.40M | $1.69M | $-43.13M | $-53.43M | $-34.42M | $-52.52M | $-36.55M |
| Net income growth (YoY) | — | +118.7% | +92.7% | -88.1% | +138.6% | -52.3% | +411.3% | -135.2% | -369.4% | -29.7% | +55.0% | +18.7% | +71.9% | -290.3% | +126.4% | -2656.8% | -23.9% | +35.6% | -52.6% | +30.4% |
| Profit margin | -21.1% | 2.4% | 4.9% | 0.5% | 1.3% | 0.8% | 3.3% | -1.3% | -9.6% | -13.2% | -5.3% | -5.4% | -1.2% | -4.0% | 0.9% | -17.8% | -24.6% | -23.7% | -48.5% | -22.2% |