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Side-by-side financial comparison of Seaport Entertainment Group Inc. (SEG) 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 $29.5M, roughly 1.6× Seaport Entertainment Group Inc.). TELOS CORP runs the higher net margin — -34.9% vs -125.0%, a 90.2% gap on every dollar of revenue.
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.
SEG vs TLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $29.5M | $46.8M |
| Net Profit | $-36.9M | $-16.3M |
| Gross Margin | — | 35.0% |
| Operating Margin | -120.5% | -39.6% |
| Net Margin | -125.0% | -34.9% |
| Revenue YoY | — | 77.4% |
| Net Profit YoY | — | -74.8% |
| EPS (diluted) | $-2.90 | $-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 | $29.5M | $46.8M | ||
| Q3 25 | $45.0M | $51.4M | ||
| Q2 25 | $39.8M | $36.0M | ||
| Q1 25 | $16.1M | $30.6M | ||
| Q4 24 | — | $26.4M | ||
| Q3 24 | $39.4M | $23.8M | ||
| Q2 24 | $33.7M | $28.5M | ||
| Q1 24 | — | $29.6M |
| Q4 25 | $-36.9M | $-16.3M | ||
| Q3 25 | $-33.2M | $-2.1M | ||
| Q2 25 | $-14.8M | $-9.5M | ||
| Q1 25 | $-31.9M | $-8.6M | ||
| Q4 24 | — | $-9.3M | ||
| Q3 24 | $-32.5M | $-28.1M | ||
| Q2 24 | $-35.0M | $-7.8M | ||
| Q1 24 | — | $-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 | -120.5% | -39.6% | ||
| Q3 25 | -75.2% | -4.8% | ||
| Q2 25 | -40.2% | -27.5% | ||
| Q1 25 | -203.5% | -29.5% | ||
| Q4 24 | — | -37.6% | ||
| Q3 24 | -51.0% | -121.4% | ||
| Q2 24 | -75.3% | -30.3% | ||
| Q1 24 | — | -28.5% |
| Q4 25 | -125.0% | -34.9% | ||
| Q3 25 | -73.7% | -4.1% | ||
| Q2 25 | -37.1% | -26.5% | ||
| Q1 25 | -198.4% | -28.1% | ||
| Q4 24 | — | -35.4% | ||
| Q3 24 | -82.5% | -118.0% | ||
| Q2 24 | -103.9% | -27.2% | ||
| Q1 24 | — | -24.9% |
| Q4 25 | $-2.90 | $-0.22 | ||
| Q3 25 | $-2.61 | $-0.03 | ||
| Q2 25 | $-1.16 | $-0.13 | ||
| Q1 25 | $-2.51 | $-0.12 | ||
| Q4 24 | — | $-0.13 | ||
| Q3 24 | $-5.89 | $-0.39 | ||
| Q2 24 | $-6.34 | $-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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $77.8M | $53.2M |
| Total DebtLower is stronger | $38.3M | — |
| Stockholders' EquityBook value | $456.5M | $96.0M |
| Total Assets | $650.1M | $139.9M |
| Debt / EquityLower = less leverage | 0.08× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $77.8M | $53.2M | ||
| Q3 25 | $106.2M | $59.0M | ||
| Q2 25 | $123.3M | $57.0M | ||
| Q1 25 | $129.9M | $57.8M | ||
| Q4 24 | — | $54.6M | ||
| Q3 24 | $23.7M | $69.8M | ||
| Q2 24 | $3.3M | $80.1M | ||
| Q1 24 | — | $93.9M |
| Q4 25 | $38.3M | — | ||
| Q3 25 | $39.3M | — | ||
| Q2 25 | $100.6M | — | ||
| Q1 25 | $101.6M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $103.3M | — | ||
| Q2 24 | $157.1M | — | ||
| Q1 24 | — | — |
| Q4 25 | $456.5M | $96.0M | ||
| Q3 25 | $485.8M | $119.7M | ||
| Q2 25 | $517.9M | $118.4M | ||
| Q1 25 | $531.2M | $126.1M | ||
| Q4 24 | — | $127.1M | ||
| Q3 24 | $433.8M | $129.5M | ||
| Q2 24 | $380.7M | $149.1M | ||
| Q1 24 | — | $154.4M |
| Q4 25 | $650.1M | $139.9M | ||
| Q3 25 | $699.1M | $164.3M | ||
| Q2 25 | $717.2M | $165.0M | ||
| Q1 25 | $718.4M | $158.1M | ||
| Q4 24 | — | $158.2M | ||
| Q3 24 | $622.8M | $166.3M | ||
| Q2 24 | $610.1M | $182.4M | ||
| Q1 24 | — | $195.4M |
| Q4 25 | 0.08× | — | ||
| Q3 25 | 0.08× | — | ||
| Q2 25 | 0.19× | — | ||
| Q1 25 | 0.19× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.24× | — | ||
| Q2 24 | 0.41× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-23.1M | $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.
| Q4 25 | $-23.1M | $8.0M | ||
| Q3 25 | $-5.3M | $9.1M | ||
| Q2 25 | $-754.0K | $7.0M | ||
| Q1 25 | $-20.5M | $6.1M | ||
| Q4 24 | — | $-10.5M | ||
| Q3 24 | $-8.8M | $-7.1M | ||
| Q2 24 | — | $-8.0M | ||
| Q1 24 | — | $-350.0K |
| Q4 25 | — | $8.0M | ||
| Q3 25 | — | $8.7M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | — | $6.0M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | — | $-7.1M | ||
| Q2 24 | — | $-8.2M | ||
| Q1 24 | — | $-447.0K |
| Q4 25 | — | 17.0% | ||
| Q3 25 | — | 16.9% | ||
| Q2 25 | — | 19.0% | ||
| Q1 25 | — | 19.5% | ||
| Q4 24 | — | -47.0% | ||
| Q3 24 | — | -30.0% | ||
| Q2 24 | — | -28.9% | ||
| Q1 24 | — | -1.5% |
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 7.1% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SEG
| Sponsorships Events And Entertainment | $12.5M | 43% |
| Hospitality | $12.2M | 41% |
| Rental | $4.1M | 14% |
| Other | $631.0K | 2% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
