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Side-by-side financial comparison of Bankwell Financial Group, Inc. (BWFG) 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 $30.3M, roughly 1.5× Bankwell Financial Group, Inc.). On growth, TELOS CORP posted the faster year-over-year revenue change (77.4% vs 43.3%). Bankwell Financial Group, Inc. produced more free cash flow last quarter ($27.1M vs $8.0M). Over the past eight quarters, TELOS CORP's revenue compounded faster (25.7% CAGR vs 17.2%).

Bankwell Financial Group, Inc. is a US-based bank holding company that provides a full suite of personal and commercial banking products and services, including deposit accounts, mortgage loans, commercial lending, and wealth management solutions. It primarily serves local communities, retail customers, and small to medium-sized enterprises across Connecticut.

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.

BWFG vs TLS — Head-to-Head

Bigger by revenue
TLS
TLS
1.5× larger
TLS
$46.8M
$30.3M
BWFG
Growing faster (revenue YoY)
TLS
TLS
+34.1% gap
TLS
77.4%
43.3%
BWFG
More free cash flow
BWFG
BWFG
$19.2M more FCF
BWFG
$27.1M
$8.0M
TLS
Faster 2-yr revenue CAGR
TLS
TLS
Annualised
TLS
25.7%
17.2%
BWFG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BWFG
BWFG
TLS
TLS
Revenue
$30.3M
$46.8M
Net Profit
$-16.3M
Gross Margin
35.0%
Operating Margin
46.9%
-39.6%
Net Margin
-34.9%
Revenue YoY
43.3%
77.4%
Net Profit YoY
-74.8%
EPS (diluted)
$1.16
$-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.

Revenue
BWFG
BWFG
TLS
TLS
Q4 25
$30.3M
$46.8M
Q3 25
$28.5M
$51.4M
Q2 25
$25.9M
$36.0M
Q1 25
$23.6M
$30.6M
Q4 24
$21.2M
$26.4M
Q3 24
$21.9M
$23.8M
Q2 24
$21.9M
$28.5M
Q1 24
$22.1M
$29.6M
Net Profit
BWFG
BWFG
TLS
TLS
Q4 25
$-16.3M
Q3 25
$10.1M
$-2.1M
Q2 25
$9.1M
$-9.5M
Q1 25
$6.9M
$-8.6M
Q4 24
$-9.3M
Q3 24
$1.9M
$-28.1M
Q2 24
$1.1M
$-7.8M
Q1 24
$3.8M
$-7.4M
Gross Margin
BWFG
BWFG
TLS
TLS
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%
Operating Margin
BWFG
BWFG
TLS
TLS
Q4 25
46.9%
-39.6%
Q3 25
47.3%
-4.8%
Q2 25
45.5%
-27.5%
Q1 25
38.0%
-29.5%
Q4 24
19.2%
-37.6%
Q3 24
12.4%
-121.4%
Q2 24
6.7%
-30.3%
Q1 24
23.0%
-28.5%
Net Margin
BWFG
BWFG
TLS
TLS
Q4 25
-34.9%
Q3 25
35.4%
-4.1%
Q2 25
35.0%
-26.5%
Q1 25
29.2%
-28.1%
Q4 24
-35.4%
Q3 24
8.8%
-118.0%
Q2 24
5.1%
-27.2%
Q1 24
17.1%
-24.9%
EPS (diluted)
BWFG
BWFG
TLS
TLS
Q4 25
$1.16
$-0.22
Q3 25
$1.27
$-0.03
Q2 25
$1.15
$-0.13
Q1 25
$0.87
$-0.12
Q4 24
$0.37
$-0.13
Q3 24
$0.24
$-0.39
Q2 24
$0.14
$-0.11
Q1 24
$0.48
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BWFG
BWFG
TLS
TLS
Cash + ST InvestmentsLiquidity on hand
$192.1M
$53.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$301.5M
$96.0M
Total Assets
$3.4B
$139.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWFG
BWFG
TLS
TLS
Q4 25
$192.1M
$53.2M
Q3 25
$128.2M
$59.0M
Q2 25
$142.6M
$57.0M
Q1 25
$136.0M
$57.8M
Q4 24
$146.1M
$54.6M
Q3 24
$145.9M
$69.8M
Q2 24
$138.0M
$80.1M
Q1 24
$126.2M
$93.9M
Stockholders' Equity
BWFG
BWFG
TLS
TLS
Q4 25
$301.5M
$96.0M
Q3 25
$292.8M
$119.7M
Q2 25
$283.3M
$118.4M
Q1 25
$275.2M
$126.1M
Q4 24
$270.5M
$127.1M
Q3 24
$267.9M
$129.5M
Q2 24
$267.0M
$149.1M
Q1 24
$268.0M
$154.4M
Total Assets
BWFG
BWFG
TLS
TLS
Q4 25
$3.4B
$139.9M
Q3 25
$3.2B
$164.3M
Q2 25
$3.2B
$165.0M
Q1 25
$3.2B
$158.1M
Q4 24
$3.3B
$158.2M
Q3 24
$3.2B
$166.3M
Q2 24
$3.1B
$182.4M
Q1 24
$3.2B
$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
BWFG
BWFG
TLS
TLS
Operating Cash FlowLast quarter
$28.3M
$8.0M
Free Cash FlowOCF − Capex
$27.1M
$8.0M
FCF MarginFCF / Revenue
89.5%
17.0%
Capex IntensityCapex / Revenue
3.8%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$47.0M
$29.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BWFG
BWFG
TLS
TLS
Q4 25
$28.3M
$8.0M
Q3 25
$10.3M
$9.1M
Q2 25
$6.5M
$7.0M
Q1 25
$3.9M
$6.1M
Q4 24
$29.9M
$-10.5M
Q3 24
$-557.0K
$-7.1M
Q2 24
$7.1M
$-8.0M
Q1 24
$9.0M
$-350.0K
Free Cash Flow
BWFG
BWFG
TLS
TLS
Q4 25
$27.1M
$8.0M
Q3 25
$9.9M
$8.7M
Q2 25
$6.1M
$6.8M
Q1 25
$3.8M
$6.0M
Q4 24
$29.3M
$-12.4M
Q3 24
$-672.0K
$-7.1M
Q2 24
$6.8M
$-8.2M
Q1 24
$8.9M
$-447.0K
FCF Margin
BWFG
BWFG
TLS
TLS
Q4 25
89.5%
17.0%
Q3 25
34.9%
16.9%
Q2 25
23.5%
19.0%
Q1 25
16.2%
19.5%
Q4 24
138.6%
-47.0%
Q3 24
-3.1%
-30.0%
Q2 24
31.0%
-28.9%
Q1 24
40.5%
-1.5%
Capex Intensity
BWFG
BWFG
TLS
TLS
Q4 25
3.8%
0.1%
Q3 25
1.4%
0.9%
Q2 25
1.5%
0.4%
Q1 25
0.4%
0.4%
Q4 24
2.9%
7.1%
Q3 24
0.5%
0.2%
Q2 24
1.7%
0.8%
Q1 24
0.4%
0.3%
Cash Conversion
BWFG
BWFG
TLS
TLS
Q4 25
Q3 25
1.03×
Q2 25
0.71×
Q1 25
0.57×
Q4 24
Q3 24
-0.29×
Q2 24
6.39×
Q1 24
2.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BWFG
BWFG

Segment breakdown not available.

TLS
TLS

Security Solutions Segment$44.8M96%
Secure Networks Segment$1.9M4%

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