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Side-by-side financial comparison of Better Home & Finance Holding Co (BETR) and TELOS CORP (TLS). Click either name above to swap in a different company.
TELOS CORP is the larger business by last-quarter revenue ($46.8M vs $44.3M, roughly 1.1× Better Home & Finance Holding Co). TELOS CORP runs the higher net margin — -34.9% vs -3349.0%, a 3314.1% gap on every dollar of revenue. On growth, TELOS CORP posted the faster year-over-year revenue change (77.4% vs 77.4%). TELOS CORP produced more free cash flow last quarter ($8.0M vs $-167.8M). Over the past eight quarters, Better Home & Finance Holding Co's revenue compounded faster (41.1% CAGR vs 25.7%).
Bajaj Finance Limited (BFL) is an Indian deposit-taking non-banking financial company (NBFC-UL) headquartered in Pune. It has 110.64 million customers and holds assets under management worth ₹462,250 crore (US$55 billion), as of September 2025.
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.
BETR vs TLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $44.3M | $46.8M |
| Net Profit | $-39.9M | $-16.3M |
| Gross Margin | — | 35.0% |
| Operating Margin | -3376.8% | -39.6% |
| Net Margin | -3349.0% | -34.9% |
| Revenue YoY | 77.4% | 77.4% |
| Net Profit YoY | 32.6% | -74.8% |
| EPS (diluted) | $-2.52 | $-0.22 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $44.3M | $46.8M | ||
| Q3 25 | $43.9M | $51.4M | ||
| Q2 25 | $44.1M | $36.0M | ||
| Q1 25 | $32.6M | $30.6M | ||
| Q4 24 | $25.0M | $26.4M | ||
| Q3 24 | $29.0M | $23.8M | ||
| Q2 24 | $32.3M | $28.5M | ||
| Q1 24 | $22.3M | $29.6M |
| Q4 25 | $-39.9M | $-16.3M | ||
| Q3 25 | $-39.1M | $-2.1M | ||
| Q2 25 | $-36.3M | $-9.5M | ||
| Q1 25 | $-50.6M | $-8.6M | ||
| Q4 24 | $-59.2M | $-9.3M | ||
| Q3 24 | $-54.2M | $-28.1M | ||
| Q2 24 | $-41.4M | $-7.8M | ||
| Q1 24 | $-51.5M | $-7.4M |
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 39.9% | ||
| Q2 25 | — | 33.2% | ||
| Q1 25 | — | 39.8% | ||
| Q4 24 | — | 40.3% | ||
| Q3 24 | — | 13.2% | ||
| Q2 24 | — | 34.1% | ||
| Q1 24 | — | 37.0% |
| Q4 25 | -3376.8% | -39.6% | ||
| Q3 25 | -88.9% | -4.8% | ||
| Q2 25 | -81.9% | -27.5% | ||
| Q1 25 | -154.9% | -29.5% | ||
| Q4 24 | -1428.3% | -37.6% | ||
| Q3 24 | -186.5% | -121.4% | ||
| Q2 24 | -127.6% | -30.3% | ||
| Q1 24 | -230.8% | -28.5% |
| Q4 25 | -3349.0% | -34.9% | ||
| Q3 25 | -89.2% | -4.1% | ||
| Q2 25 | -82.2% | -26.5% | ||
| Q1 25 | -155.3% | -28.1% | ||
| Q4 24 | -1437.5% | -35.4% | ||
| Q3 24 | -187.0% | -118.0% | ||
| Q2 24 | -128.2% | -27.2% | ||
| Q1 24 | -231.4% | -24.9% |
| Q4 25 | $-2.52 | $-0.22 | ||
| Q3 25 | $-2.56 | $-0.03 | ||
| Q2 25 | $-2.39 | $-0.13 | ||
| Q1 25 | $-3.33 | $-0.12 | ||
| Q4 24 | $-3.92 | $-0.13 | ||
| Q3 24 | $-3.58 | $-0.39 | ||
| Q2 24 | $-2.74 | $-0.11 | ||
| Q1 24 | $-3.41 | $-0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $203.4M | $53.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $37.2M | $96.0M |
| Total Assets | $1.5B | $139.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $203.4M | $53.2M | ||
| Q3 25 | $205.8M | $59.0M | ||
| Q2 25 | $221.5M | $57.0M | ||
| Q1 25 | $228.0M | $57.8M | ||
| Q4 24 | $264.9M | $54.6M | ||
| Q3 24 | $262.1M | $69.8M | ||
| Q2 24 | $378.8M | $80.1M | ||
| Q1 24 | $482.6M | $93.9M |
| Q4 25 | $37.2M | $96.0M | ||
| Q3 25 | $41.9M | $119.7M | ||
| Q2 25 | $76.6M | $118.4M | ||
| Q1 25 | $-102.1M | $126.1M | ||
| Q4 24 | $-58.2M | $127.1M | ||
| Q3 24 | $388.0K | $129.5M | ||
| Q2 24 | $44.9M | $149.1M | ||
| Q1 24 | $76.3M | $154.4M |
| Q4 25 | $1.5B | $139.9M | ||
| Q3 25 | $1.4B | $164.3M | ||
| Q2 25 | $1.2B | $165.0M | ||
| Q1 25 | $1.0B | $158.1M | ||
| Q4 24 | $913.1M | $158.2M | ||
| Q3 24 | $845.2M | $166.3M | ||
| Q2 24 | $957.9M | $182.4M | ||
| Q1 24 | $841.6M | $195.4M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-166.6M | $8.0M |
| Free Cash FlowOCF − Capex | $-167.8M | $8.0M |
| FCF MarginFCF / Revenue | -378.6% | 17.0% |
| Capex IntensityCapex / Revenue | 2.7% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-277.9M | $29.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-166.6M | $8.0M | ||
| Q3 25 | $4.2M | $9.1M | ||
| Q2 25 | $-56.3M | $7.0M | ||
| Q1 25 | $-57.2M | $6.1M | ||
| Q4 24 | $-380.0M | $-10.5M | ||
| Q3 24 | $-10.6M | $-7.1M | ||
| Q2 24 | $-220.6M | $-8.0M | ||
| Q1 24 | $-42.8M | $-350.0K |
| Q4 25 | $-167.8M | $8.0M | ||
| Q3 25 | $4.0M | $8.7M | ||
| Q2 25 | $-56.7M | $6.8M | ||
| Q1 25 | $-57.4M | $6.0M | ||
| Q4 24 | $-383.4M | $-12.4M | ||
| Q3 24 | $-11.7M | $-7.1M | ||
| Q2 24 | $-221.8M | $-8.2M | ||
| Q1 24 | $-43.3M | $-447.0K |
| Q4 25 | -378.6% | 17.0% | ||
| Q3 25 | 9.1% | 16.9% | ||
| Q2 25 | -128.5% | 19.0% | ||
| Q1 25 | -176.3% | 19.5% | ||
| Q4 24 | -1534.6% | -47.0% | ||
| Q3 24 | -40.5% | -30.0% | ||
| Q2 24 | -687.6% | -28.9% | ||
| Q1 24 | -194.5% | -1.5% |
| Q4 25 | 2.7% | 0.1% | ||
| Q3 25 | 0.5% | 0.9% | ||
| Q2 25 | 0.9% | 0.4% | ||
| Q1 25 | 0.6% | 0.4% | ||
| Q4 24 | 13.6% | 7.1% | ||
| Q3 24 | 4.1% | 0.2% | ||
| Q2 24 | 3.9% | 0.8% | ||
| Q1 24 | 2.1% | 0.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BETR
Segment breakdown not available.
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
