Telos Corporation Corp (TLS) financials
Telos revenue and earnings by year
Telos's revenue was $165 million in the fiscal year to December 31, 2025, up 52.2% from the year before. Net income was -$36.5 million, -22.2% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 2.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 165 | 108 | 145 | 217 | 242 | 180 | 159 | 138 | 108 | 135 |
| Revenue growth | 52.2% | -25.5% | -33.0% | -10.5% | 34.7% | 13.0% | 15.4% | 28.1% | -20.1% | — |
| Gross profit | 61 | 34 | 53 | 79 | 86 | 62 | 52 | 53 | 41 | 43 |
| Gross margin | 37.0% | 31.8% | 36.4% | 36.4% | 35.5% | 34.7% | 32.9% | 38.4% | 37.7% | 32.2% |
| Operating income | -40 | -56 | -40 | -54 | -42 | 0 | 5 | 9 | 0 | 2 |
| Operating margin | -24.2% | -51.6% | -27.7% | -24.8% | -17.5% | 0.0% | 3.2% | 6.5% | 0.4% | 1.6% |
| Net income | -37 | -53 | -34 | -53 | -43 | 2 | -6 | -2 | -6 | -7 |
| Net margin | -22.2% | -48.5% | -23.7% | -24.6% | -17.8% | 0.9% | -4.0% | -1.2% | -5.4% | -5.3% |
| Diluted EPS | -$0.50 | -$0.73 | -$0.50 | -$0.80 | -$0.65 | $0.02 | -$0.17 | — | — | — |
| Free cash flow | 21 | -40 | -14 | 3 | -6 | -10 | 5 | 2 | -3 | 13 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open TLS in Markets.
How Telos makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Security Solutions | $46.7M | 97.7% |
| Secure Networks | $1.08M | 2.3% |
See also: TLS returns
No forecast, no recommendation. This page describes Telos Corporation Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.