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Side-by-side financial comparison of Logistic Properties of the Americas (LPA) and TELOS CORP (TLS). Click either name above to swap in a different company.

Logistic Properties of the Americas is the larger business by last-quarter revenue ($50.1M vs $46.8M, roughly 1.1× TELOS CORP). Logistic Properties of the Americas runs the higher net margin — 32.1% vs -34.9%, a 67.0% gap on every dollar of revenue. Logistic Properties of the Americas produced more free cash flow last quarter ($21.4M vs $8.0M).

Logistic Properties of the Americas is a specialized industrial real estate firm that acquires, develops and manages logistics properties across North, Central and South America. Its portfolio includes distribution centers, warehouses and last-mile delivery facilities, serving e-commerce, retail, manufacturing and third-party logistics clients.

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.

LPA vs TLS — Head-to-Head

Bigger by revenue
LPA
LPA
1.1× larger
LPA
$50.1M
$46.8M
TLS
Higher net margin
LPA
LPA
67.0% more per $
LPA
32.1%
-34.9%
TLS
More free cash flow
LPA
LPA
$13.5M more FCF
LPA
$21.4M
$8.0M
TLS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LPA
LPA
TLS
TLS
Revenue
$50.1M
$46.8M
Net Profit
$16.1M
$-16.3M
Gross Margin
35.0%
Operating Margin
81.7%
-39.6%
Net Margin
32.1%
-34.9%
Revenue YoY
77.4%
Net Profit YoY
-74.8%
EPS (diluted)
$0.33
$-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
LPA
LPA
TLS
TLS
Q4 25
$50.1M
$46.8M
Q3 25
$32.7M
$51.4M
Q2 25
$21.5M
$36.0M
Q1 25
$10.5M
$30.6M
Q4 24
$26.4M
Q3 24
$19.2M
$23.8M
Q2 24
$28.5M
Q1 24
$9.2M
$29.6M
Net Profit
LPA
LPA
TLS
TLS
Q4 25
$16.1M
$-16.3M
Q3 25
$-2.1M
Q2 25
$-9.5M
Q1 25
$-8.6M
Q4 24
$-9.3M
Q3 24
$-28.1M
Q2 24
$-7.8M
Q1 24
$-7.4M
Gross Margin
LPA
LPA
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
LPA
LPA
TLS
TLS
Q4 25
81.7%
-39.6%
Q3 25
-4.8%
Q2 25
-27.5%
Q1 25
-29.5%
Q4 24
-37.6%
Q3 24
-121.4%
Q2 24
-30.3%
Q1 24
-28.5%
Net Margin
LPA
LPA
TLS
TLS
Q4 25
32.1%
-34.9%
Q3 25
-4.1%
Q2 25
-26.5%
Q1 25
-28.1%
Q4 24
-35.4%
Q3 24
-118.0%
Q2 24
-27.2%
Q1 24
-24.9%
EPS (diluted)
LPA
LPA
TLS
TLS
Q4 25
$0.33
$-0.22
Q3 25
$0.09
$-0.03
Q2 25
$-0.06
$-0.13
Q1 25
$-0.12
Q4 24
$-0.13
Q3 24
$-1.26
$-0.39
Q2 24
$-0.11
Q1 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
LPA
LPA
TLS
TLS
Cash + ST InvestmentsLiquidity on hand
$27.3M
$53.2M
Total DebtLower is stronger
$296.8M
Stockholders' EquityBook value
$324.6M
$96.0M
Total Assets
$700.8M
$139.9M
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPA
LPA
TLS
TLS
Q4 25
$27.3M
$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 24
$1.1M
$93.9M
Total Debt
LPA
LPA
TLS
TLS
Q4 25
$296.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
LPA
LPA
TLS
TLS
Q4 25
$324.6M
$96.0M
Q3 25
$119.7M
Q2 25
$118.4M
Q1 25
$126.1M
Q4 24
$127.1M
Q3 24
$129.5M
Q2 24
$149.1M
Q1 24
$154.4M
Total Assets
LPA
LPA
TLS
TLS
Q4 25
$700.8M
$139.9M
Q3 25
$164.3M
Q2 25
$165.0M
Q1 25
$158.1M
Q4 24
$158.2M
Q3 24
$166.3M
Q2 24
$182.4M
Q1 24
$195.4M
Debt / Equity
LPA
LPA
TLS
TLS
Q4 25
0.91×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LPA
LPA
TLS
TLS
Operating Cash FlowLast quarter
$21.6M
$8.0M
Free Cash FlowOCF − Capex
$21.4M
$8.0M
FCF MarginFCF / Revenue
42.7%
17.0%
Capex IntensityCapex / Revenue
0.3%
0.1%
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$12.0M
$29.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPA
LPA
TLS
TLS
Q4 25
$21.6M
$8.0M
Q3 25
$14.4M
$9.1M
Q2 25
$7.2M
$7.0M
Q1 25
$4.4M
$6.1M
Q4 24
$-10.5M
Q3 24
$8.3M
$-7.1M
Q2 24
$-8.0M
Q1 24
$4.8M
$-350.0K
Free Cash Flow
LPA
LPA
TLS
TLS
Q4 25
$21.4M
$8.0M
Q3 25
$-7.3M
$8.7M
Q2 25
$-3.1M
$6.8M
Q1 25
$966.4K
$6.0M
Q4 24
$-12.4M
Q3 24
$-2.4M
$-7.1M
Q2 24
$-8.2M
Q1 24
$218.9K
$-447.0K
FCF Margin
LPA
LPA
TLS
TLS
Q4 25
42.7%
17.0%
Q3 25
-22.2%
16.9%
Q2 25
-14.4%
19.0%
Q1 25
9.2%
19.5%
Q4 24
-47.0%
Q3 24
-12.3%
-30.0%
Q2 24
-28.9%
Q1 24
2.4%
-1.5%
Capex Intensity
LPA
LPA
TLS
TLS
Q4 25
0.3%
0.1%
Q3 25
66.1%
0.9%
Q2 25
47.9%
0.4%
Q1 25
32.5%
0.4%
Q4 24
7.1%
Q3 24
55.5%
0.2%
Q2 24
0.8%
Q1 24
50.0%
0.3%
Cash Conversion
LPA
LPA
TLS
TLS
Q4 25
1.34×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LPA
LPA

Segment breakdown not available.

TLS
TLS

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

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