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Side-by-side financial comparison of Silvercrest Asset Management Group Inc. (SAMG) 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 $32.0M, roughly 1.5× Silvercrest Asset Management Group Inc.). Silvercrest Asset Management Group Inc. runs the higher net margin — -0.4% vs -34.9%, a 34.5% gap on every dollar of revenue. On growth, TELOS CORP posted the faster year-over-year revenue change (77.4% vs -0.0%). Silvercrest Asset Management Group Inc. produced more free cash flow last quarter ($15.0M vs $8.0M). Over the past eight quarters, TELOS CORP's revenue compounded faster (25.7% CAGR vs 2.7%).
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.
SAMG vs TLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $32.0M | $46.8M |
| Net Profit | $-120.0K | $-16.3M |
| Gross Margin | — | 35.0% |
| Operating Margin | -2.8% | -39.6% |
| Net Margin | -0.4% | -34.9% |
| Revenue YoY | -0.0% | 77.4% |
| Net Profit YoY | -107.4% | -74.8% |
| EPS (diluted) | $0.02 | $-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 | $32.0M | $46.8M | ||
| Q3 25 | $31.3M | $51.4M | ||
| Q2 25 | $30.7M | $36.0M | ||
| Q1 25 | $31.4M | $30.6M | ||
| Q4 24 | $32.0M | $26.4M | ||
| Q3 24 | $30.4M | $23.8M | ||
| Q2 24 | $31.0M | $28.5M | ||
| Q1 24 | $30.3M | $29.6M |
| Q4 25 | $-120.0K | $-16.3M | ||
| Q3 25 | $618.0K | $-2.1M | ||
| Q2 25 | $1.9M | $-9.5M | ||
| Q1 25 | $2.5M | $-8.6M | ||
| Q4 24 | $1.6M | $-9.3M | ||
| Q3 24 | $2.3M | $-28.1M | ||
| Q2 24 | $2.7M | $-7.8M | ||
| Q1 24 | $3.0M | $-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 | -2.8% | -39.6% | ||
| Q3 25 | 4.3% | -4.8% | ||
| Q2 25 | 13.2% | -27.5% | ||
| Q1 25 | 15.4% | -29.5% | ||
| Q4 24 | 6.1% | -37.6% | ||
| Q3 24 | 14.6% | -121.4% | ||
| Q2 24 | 17.1% | -30.3% | ||
| Q1 24 | 19.5% | -28.5% |
| Q4 25 | -0.4% | -34.9% | ||
| Q3 25 | 2.0% | -4.1% | ||
| Q2 25 | 6.3% | -26.5% | ||
| Q1 25 | 7.9% | -28.1% | ||
| Q4 24 | 5.1% | -35.4% | ||
| Q3 24 | 7.4% | -118.0% | ||
| Q2 24 | 8.6% | -27.2% | ||
| Q1 24 | 9.9% | -24.9% |
| Q4 25 | $0.02 | $-0.22 | ||
| Q3 25 | $0.07 | $-0.03 | ||
| Q2 25 | $0.21 | $-0.13 | ||
| Q1 25 | $0.26 | $-0.12 | ||
| Q4 24 | $0.16 | $-0.13 | ||
| Q3 24 | $0.24 | $-0.39 | ||
| Q2 24 | $0.28 | $-0.11 | ||
| Q1 24 | $0.32 | $-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 | $44.1M | $53.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $50.3M | $96.0M |
| Total Assets | $166.6M | $139.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $44.1M | $53.2M | ||
| Q3 25 | $36.1M | $59.0M | ||
| Q2 25 | $30.0M | $57.0M | ||
| Q1 25 | $36.3M | $57.8M | ||
| Q4 24 | $68.6M | $54.6M | ||
| Q3 24 | $58.1M | $69.8M | ||
| Q2 24 | $49.9M | $80.1M | ||
| Q1 24 | $39.7M | $93.9M |
| Q4 25 | $50.3M | $96.0M | ||
| Q3 25 | $58.9M | $119.7M | ||
| Q2 25 | $64.6M | $118.4M | ||
| Q1 25 | $80.0M | $126.1M | ||
| Q4 24 | $80.7M | $127.1M | ||
| Q3 24 | $84.6M | $129.5M | ||
| Q2 24 | $85.3M | $149.1M | ||
| Q1 24 | $83.9M | $154.4M |
| Q4 25 | $166.6M | $139.9M | ||
| Q3 25 | $157.6M | $164.3M | ||
| Q2 25 | $152.7M | $165.0M | ||
| Q1 25 | $159.9M | $158.1M | ||
| Q4 24 | $194.4M | $158.2M | ||
| Q3 24 | $184.2M | $166.3M | ||
| Q2 24 | $177.6M | $182.4M | ||
| Q1 24 | $170.2M | $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 | $18.6M | $8.0M |
| Free Cash FlowOCF − Capex | $15.0M | $8.0M |
| FCF MarginFCF / Revenue | 46.9% | 17.0% |
| Capex IntensityCapex / Revenue | 11.4% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $17.0M | $29.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.6M | $8.0M | ||
| Q3 25 | $14.6M | $9.1M | ||
| Q2 25 | $13.8M | $7.0M | ||
| Q1 25 | $-24.7M | $6.1M | ||
| Q4 24 | $21.6M | $-10.5M | ||
| Q3 24 | $13.3M | $-7.1M | ||
| Q2 24 | $16.0M | $-8.0M | ||
| Q1 24 | $-24.1M | $-350.0K |
| Q4 25 | $15.0M | $8.0M | ||
| Q3 25 | $13.8M | $8.7M | ||
| Q2 25 | $13.4M | $6.8M | ||
| Q1 25 | $-25.1M | $6.0M | ||
| Q4 24 | $19.9M | $-12.4M | ||
| Q3 24 | $12.9M | $-7.1M | ||
| Q2 24 | $15.6M | $-8.2M | ||
| Q1 24 | $-24.7M | $-447.0K |
| Q4 25 | 46.9% | 17.0% | ||
| Q3 25 | 44.1% | 16.9% | ||
| Q2 25 | 43.6% | 19.0% | ||
| Q1 25 | -80.0% | 19.5% | ||
| Q4 24 | 62.2% | -47.0% | ||
| Q3 24 | 42.4% | -30.0% | ||
| Q2 24 | 50.4% | -28.9% | ||
| Q1 24 | -81.6% | -1.5% |
| Q4 25 | 11.4% | 0.1% | ||
| Q3 25 | 2.6% | 0.9% | ||
| Q2 25 | 1.5% | 0.4% | ||
| Q1 25 | 1.3% | 0.4% | ||
| Q4 24 | 5.3% | 7.1% | ||
| Q3 24 | 1.2% | 0.2% | ||
| Q2 24 | 1.1% | 0.8% | ||
| Q1 24 | 2.0% | 0.3% |
| Q4 25 | — | — | ||
| Q3 25 | 23.62× | — | ||
| Q2 25 | 7.22× | — | ||
| Q1 25 | -10.01× | — | ||
| Q4 24 | 13.34× | — | ||
| Q3 24 | 5.90× | — | ||
| Q2 24 | 6.00× | — | ||
| Q1 24 | -8.03× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SAMG
| Investment Advisory Management And Administrative Service | $30.7M | 96% |
| Tax And Family Office Services | $1.2M | 4% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
