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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) and TELOS CORP (TLS). Click either name above to swap in a different company.
CAMDEN NATIONAL CORP is the larger business by last-quarter revenue ($64.3M vs $46.8M, roughly 1.4× TELOS CORP). CAMDEN NATIONAL CORP runs the higher net margin — 34.0% vs -34.9%, a 68.9% gap on every dollar of revenue. Over the past eight quarters, TELOS CORP's revenue compounded faster (25.7% CAGR vs 22.6%).
Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation, a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.
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.
CAC vs TLS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.3M | $46.8M |
| Net Profit | $21.9M | $-16.3M |
| Gross Margin | — | 35.0% |
| Operating Margin | — | -39.6% |
| Net Margin | 34.0% | -34.9% |
| Revenue YoY | — | 77.4% |
| Net Profit YoY | — | -74.8% |
| EPS (diluted) | $1.29 | $-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.
| Q1 26 | $64.3M | — | ||
| Q4 25 | $68.1M | $46.8M | ||
| Q3 25 | $65.4M | $51.4M | ||
| Q2 25 | $62.3M | $36.0M | ||
| Q1 25 | $60.1M | $30.6M | ||
| Q4 24 | $47.6M | $26.4M | ||
| Q3 24 | $45.0M | $23.8M | ||
| Q2 24 | $42.8M | $28.5M |
| Q1 26 | $21.9M | — | ||
| Q4 25 | $22.6M | $-16.3M | ||
| Q3 25 | $21.2M | $-2.1M | ||
| Q2 25 | $14.1M | $-9.5M | ||
| Q1 25 | $7.3M | $-8.6M | ||
| Q4 24 | $14.7M | $-9.3M | ||
| Q3 24 | $13.1M | $-28.1M | ||
| Q2 24 | $12.0M | $-7.8M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 41.5% | -39.6% | ||
| Q3 25 | 40.5% | -4.8% | ||
| Q2 25 | 28.5% | -27.5% | ||
| Q1 25 | 10.3% | -29.5% | ||
| Q4 24 | 38.7% | -37.6% | ||
| Q3 24 | 35.2% | -121.4% | ||
| Q2 24 | 34.7% | -30.3% |
| Q1 26 | 34.0% | — | ||
| Q4 25 | 33.1% | -34.9% | ||
| Q3 25 | 32.4% | -4.1% | ||
| Q2 25 | 22.6% | -26.5% | ||
| Q1 25 | 12.2% | -28.1% | ||
| Q4 24 | 30.8% | -35.4% | ||
| Q3 24 | 29.1% | -118.0% | ||
| Q2 24 | 28.0% | -27.2% |
| Q1 26 | $1.29 | — | ||
| Q4 25 | $1.33 | $-0.22 | ||
| Q3 25 | $1.25 | $-0.03 | ||
| Q2 25 | $0.83 | $-0.13 | ||
| Q1 25 | $0.43 | $-0.12 | ||
| Q4 24 | $1.00 | $-0.13 | ||
| Q3 24 | $0.90 | $-0.39 | ||
| Q2 24 | $0.81 | $-0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $53.2M |
| Total DebtLower is stronger | $514.4M | — |
| Stockholders' EquityBook value | $710.0M | $96.0M |
| Total Assets | $7.0B | $139.9M |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $53.2M | ||
| Q3 25 | — | $59.0M | ||
| Q2 25 | — | $57.0M | ||
| Q1 25 | — | $57.8M | ||
| Q4 24 | — | $54.6M | ||
| Q3 24 | — | $69.8M | ||
| Q2 24 | — | $80.1M |
| Q1 26 | $514.4M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $710.0M | — | ||
| Q4 25 | $696.6M | $96.0M | ||
| Q3 25 | $676.4M | $119.7M | ||
| Q2 25 | $652.1M | $118.4M | ||
| Q1 25 | $640.1M | $126.1M | ||
| Q4 24 | $531.2M | $127.1M | ||
| Q3 24 | $529.9M | $129.5M | ||
| Q2 24 | $508.3M | $149.1M |
| Q1 26 | $7.0B | — | ||
| Q4 25 | $7.0B | $139.9M | ||
| Q3 25 | $7.0B | $164.3M | ||
| Q2 25 | $6.9B | $165.0M | ||
| Q1 25 | $7.0B | $158.1M | ||
| Q4 24 | $5.8B | $158.2M | ||
| Q3 24 | $5.7B | $166.3M | ||
| Q2 24 | $5.7B | $182.4M |
| Q1 26 | 0.72× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $8.0M |
| Free Cash FlowOCF − Capex | — | $8.0M |
| FCF MarginFCF / Revenue | — | 17.0% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $29.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $63.9M | $8.0M | ||
| Q3 25 | $36.1M | $9.1M | ||
| Q2 25 | $6.0M | $7.0M | ||
| Q1 25 | $1.0M | $6.1M | ||
| Q4 24 | $60.9M | $-10.5M | ||
| Q3 24 | $-14.5M | $-7.1M | ||
| Q2 24 | $14.5M | $-8.0M |
| Q1 26 | — | — | ||
| Q4 25 | $58.2M | $8.0M | ||
| Q3 25 | $35.4M | $8.7M | ||
| Q2 25 | $4.5M | $6.8M | ||
| Q1 25 | $-727.0K | $6.0M | ||
| Q4 24 | $55.4M | $-12.4M | ||
| Q3 24 | $-16.2M | $-7.1M | ||
| Q2 24 | $13.2M | $-8.2M |
| Q1 26 | — | — | ||
| Q4 25 | 85.5% | 17.0% | ||
| Q3 25 | 54.1% | 16.9% | ||
| Q2 25 | 7.3% | 19.0% | ||
| Q1 25 | -1.2% | 19.5% | ||
| Q4 24 | 116.4% | -47.0% | ||
| Q3 24 | -36.0% | -30.0% | ||
| Q2 24 | 30.8% | -28.9% |
| Q1 26 | — | — | ||
| Q4 25 | 8.4% | 0.1% | ||
| Q3 25 | 1.1% | 0.9% | ||
| Q2 25 | 2.4% | 0.4% | ||
| Q1 25 | 2.9% | 0.4% | ||
| Q4 24 | 11.7% | 7.1% | ||
| Q3 24 | 3.8% | 0.2% | ||
| Q2 24 | 3.0% | 0.8% |
| Q1 26 | — | — | ||
| Q4 25 | 2.83× | — | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 4.15× | — | ||
| Q3 24 | -1.11× | — | ||
| Q2 24 | 1.21× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CAC
| Net Interest Income | $52.4M | 81% |
| Noninterest Income | $12.0M | 19% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
