TELOS CORPTLSEarnings & Financial Report
Telos Corporation is an information technology and cybersecurity company located in Ashburn, Virginia. Telos primarily serves government and enterprise clients, receiving a large number of its contracts from the United States Department of Defense. Customers are primarily military, intelligence and civilian agencies of the US government and NATO allies.
TLS Q4 FY2025 Key Financial Metrics
Revenue
$46.8M
Gross Profit
$16.4M
Operating Profit
$-18.5M
Net Profit
$-16.3M
Gross Margin
35.0%
Operating Margin
-39.6%
Net Margin
-34.9%
YoY Growth
77.4%
EPS
$-0.22
TELOS CORP Q4 FY2025 Financial Summary
TELOS CORP reported revenue of $46.8M (up 77.4% YoY) for Q4 FY2025, with a net profit of $-16.3M (down 74.8% YoY) (-34.9% margin). Cost of goods sold was $30.4M, operating expenses totaled $34.9M.
Key Financial Metrics
| Total Revenue | $46.8M |
|---|---|
| Net Profit | $-16.3M |
| Gross Margin | 35.0% |
| Operating Margin | -39.6% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
TELOS CORP Q4 FY2025 revenue of $46.8M breaks down across 2 segments, led by Security Solutions Segment at $44.8M (95.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Security Solutions Segment | $44.8M | 95.8% |
| Secure Networks Segment | $1.9M | 4.2% |
TELOS CORP Revenue by Segment — Quarterly Trend
TELOS CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Security Solutions Segment and Secure Networks Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Security Solutions Segment | $44.8M | $46.5M | $32.5M | — |
| Secure Networks Segment | $1.9M | $5.0M | $3.5M | — |
TELOS CORP Annual Revenue by Year
TELOS CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $164.8M).
TELOS CORP Quarterly Revenue & Net Profit History
TELOS CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $46.8M | +77.4% | $-16.3M | -34.9% |
| Q3 FY2025 | $51.4M | +116.3% | $-2.1M | -4.1% |
| Q2 FY2025 | $36.0M | +26.2% | $-9.5M | -26.5% |
| Q1 FY2025 | $30.6M | +3.4% | $-8.6M | -28.1% |
| Q4 FY2024 | $26.4M | -35.8% | $-9.3M | -35.4% |
| Q3 FY2024 | $23.8M | -34.3% | $-28.1M | -118.0% |
| Q2 FY2024 | $28.5M | -13.4% | $-7.8M | -27.2% |
| Q1 FY2024 | $29.6M | -15.9% | $-7.4M | -24.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $29.6M | $28.5M | $23.8M | $26.4M | $30.6M | $36.0M | $51.4M | $46.8M |
| YoY Growth | -15.9% | -13.4% | -34.3% | -35.8% | 3.4% | 26.2% | 116.3% | 77.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $195.4M | $182.4M | $166.3M | $158.2M | $158.1M | $165.0M | $164.3M | $139.9M |
| Liabilities | $41.0M | $33.2M | $36.8M | $31.1M | $31.9M | $46.6M | $44.6M | $43.9M |
| Equity | $154.4M | $149.1M | $129.5M | $127.1M | $126.1M | $118.4M | $119.7M | $96.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-350000 | $-8.0M | $-7.1M | $-10.5M | $6.1M | $7.0M | $9.1M | $8.0M |