vs
Side-by-side financial comparison of SMARTFINANCIAL INC. (SMBK) and TELOS CORP (TLS). Click either name above to swap in a different company.
SMARTFINANCIAL INC. is the larger business by last-quarter revenue ($53.8M vs $46.8M, roughly 1.2× TELOS CORP). SMARTFINANCIAL INC. runs the higher net margin — 25.4% vs -34.9%, a 60.3% gap on every dollar of revenue. Over the past eight quarters, TELOS CORP's revenue compounded faster (25.7% CAGR vs 15.4%).
SmartFinancial Inc. is a U.S.-based bank holding company that operates its wholly owned subsidiary SmartBank. It offers a full range of retail and commercial banking products including deposit accounts, personal and business loans, mortgage services, and wealth management solutions, primarily serving individual customers and small-to-medium enterprises across the Southeastern United States.
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.
SMBK vs TLS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $53.8M | $46.8M |
| Net Profit | $13.7M | $-16.3M |
| Gross Margin | — | 35.0% |
| Operating Margin | — | -39.6% |
| Net Margin | 25.4% | -34.9% |
| Revenue YoY | — | 77.4% |
| Net Profit YoY | 21.6% | -74.8% |
| EPS (diluted) | $0.81 | $-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 | $53.8M | — | ||
| Q4 25 | $53.3M | $46.8M | ||
| Q3 25 | $51.1M | $51.4M | ||
| Q2 25 | $49.2M | $36.0M | ||
| Q1 25 | $46.8M | $30.6M | ||
| Q4 24 | $46.8M | $26.4M | ||
| Q3 24 | $44.2M | $23.8M | ||
| Q2 24 | $40.4M | $28.5M |
| Q1 26 | $13.7M | — | ||
| Q4 25 | $13.7M | $-16.3M | ||
| Q3 25 | $13.7M | $-2.1M | ||
| Q2 25 | $11.7M | $-9.5M | ||
| Q1 25 | $11.3M | $-8.6M | ||
| Q4 24 | $9.6M | $-9.3M | ||
| Q3 24 | $9.1M | $-28.1M | ||
| Q2 24 | $8.0M | $-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 | 31.3% | -39.6% | ||
| Q3 25 | 33.2% | -4.8% | ||
| Q2 25 | 29.0% | -27.5% | ||
| Q1 25 | 29.0% | -29.5% | ||
| Q4 24 | 26.5% | -37.6% | ||
| Q3 24 | 24.3% | -121.4% | ||
| Q2 24 | 25.6% | -30.3% |
| Q1 26 | 25.4% | — | ||
| Q4 25 | 25.7% | -34.9% | ||
| Q3 25 | 26.8% | -4.1% | ||
| Q2 25 | 23.8% | -26.5% | ||
| Q1 25 | 24.0% | -28.1% | ||
| Q4 24 | 20.6% | -35.4% | ||
| Q3 24 | 20.7% | -118.0% | ||
| Q2 24 | 19.8% | -27.2% |
| Q1 26 | $0.81 | — | ||
| Q4 25 | $0.81 | $-0.22 | ||
| Q3 25 | $0.81 | $-0.03 | ||
| Q2 25 | $0.69 | $-0.13 | ||
| Q1 25 | $0.67 | $-0.12 | ||
| Q4 24 | $0.57 | $-0.13 | ||
| Q3 24 | $0.54 | $-0.39 | ||
| Q2 24 | $0.48 | $-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 | $346.1M | $53.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $562.2M | $96.0M |
| Total Assets | $5.9B | $139.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $346.1M | — | ||
| Q4 25 | $464.4M | $53.2M | ||
| Q3 25 | $557.1M | $59.0M | ||
| Q2 25 | $365.1M | $57.0M | ||
| Q1 25 | $423.0M | $57.8M | ||
| Q4 24 | $387.6M | $54.6M | ||
| Q3 24 | $192.9M | $69.8M | ||
| Q2 24 | $342.8M | $80.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $1.3M | — | ||
| Q2 25 | $7.0M | — | ||
| Q1 25 | $7.6M | — | ||
| Q4 24 | $8.1M | — | ||
| Q3 24 | $9.0M | — | ||
| Q2 24 | $12.7M | — |
| Q1 26 | $562.2M | — | ||
| Q4 25 | $552.4M | $96.0M | ||
| Q3 25 | $538.4M | $119.7M | ||
| Q2 25 | $519.0M | $118.4M | ||
| Q1 25 | $505.8M | $126.1M | ||
| Q4 24 | $491.3M | $127.1M | ||
| Q3 24 | $489.0M | $129.5M | ||
| Q2 24 | $472.5M | $149.1M |
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $139.9M | ||
| Q3 25 | $5.8B | $164.3M | ||
| Q2 25 | $5.5B | $165.0M | ||
| Q1 25 | $5.4B | $158.1M | ||
| Q4 24 | $5.3B | $158.2M | ||
| Q3 24 | $4.9B | $166.3M | ||
| Q2 24 | $4.9B | $182.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.02× | — | ||
| Q4 24 | 0.02× | — | ||
| Q3 24 | 0.02× | — | ||
| Q2 24 | 0.03× | — |
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 | $61.7M | $8.0M | ||
| Q3 25 | $16.9M | $9.1M | ||
| Q2 25 | $14.0M | $7.0M | ||
| Q1 25 | $14.3M | $6.1M | ||
| Q4 24 | $52.7M | $-10.5M | ||
| Q3 24 | $12.4M | $-7.1M | ||
| Q2 24 | $16.5M | $-8.0M |
| Q1 26 | — | — | ||
| Q4 25 | $59.3M | $8.0M | ||
| Q3 25 | $16.6M | $8.7M | ||
| Q2 25 | $13.2M | $6.8M | ||
| Q1 25 | $13.4M | $6.0M | ||
| Q4 24 | $46.3M | $-12.4M | ||
| Q3 24 | $11.3M | $-7.1M | ||
| Q2 24 | $15.4M | $-8.2M |
| Q1 26 | — | — | ||
| Q4 25 | 111.3% | 17.0% | ||
| Q3 25 | 32.4% | 16.9% | ||
| Q2 25 | 26.9% | 19.0% | ||
| Q1 25 | 28.5% | 19.5% | ||
| Q4 24 | 98.9% | -47.0% | ||
| Q3 24 | 25.7% | -30.0% | ||
| Q2 24 | 38.2% | -28.9% |
| Q1 26 | — | — | ||
| Q4 25 | 4.5% | 0.1% | ||
| Q3 25 | 0.6% | 0.9% | ||
| Q2 25 | 1.6% | 0.4% | ||
| Q1 25 | 2.0% | 0.4% | ||
| Q4 24 | 13.7% | 7.1% | ||
| Q3 24 | 2.4% | 0.2% | ||
| Q2 24 | 2.7% | 0.8% |
| Q1 26 | — | — | ||
| Q4 25 | 4.50× | — | ||
| Q3 25 | 1.23× | — | ||
| Q2 25 | 1.20× | — | ||
| Q1 25 | 1.27× | — | ||
| Q4 24 | 5.47× | — | ||
| Q3 24 | 1.36× | — | ||
| Q2 24 | 2.07× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SMBK
| Net Interest Income | $45.9M | 85% |
| Noninterest Income | $7.9M | 15% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
