vs

Side-by-side financial comparison of Syndax Pharmaceuticals Inc (SNDX) and TELOS CORP (TLS). Click either name above to swap in a different company.

Syndax Pharmaceuticals Inc is the larger business by last-quarter revenue ($68.5M vs $46.8M, roughly 1.5× TELOS CORP). TELOS CORP runs the higher net margin — -34.9% vs -99.3%, a 64.4% gap on every dollar of revenue. On growth, Syndax Pharmaceuticals Inc posted the faster year-over-year revenue change (791.7% vs 77.4%).

Syndax Pharmaceuticals Inc. is a clinical-stage biopharmaceutical company focused on developing innovative oncology therapies for patients with hard-to-treat cancers. Its pipeline includes targeted and immunotherapy candidates addressing unmet medical needs, primarily serving global oncology healthcare stakeholders and patient populations.

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.

SNDX vs TLS — Head-to-Head

Bigger by revenue
SNDX
SNDX
1.5× larger
SNDX
$68.5M
$46.8M
TLS
Growing faster (revenue YoY)
SNDX
SNDX
+714.3% gap
SNDX
791.7%
77.4%
TLS
Higher net margin
TLS
TLS
64.4% more per $
TLS
-34.9%
-99.3%
SNDX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SNDX
SNDX
TLS
TLS
Revenue
$68.5M
$46.8M
Net Profit
$-68.0M
$-16.3M
Gross Margin
35.0%
Operating Margin
-91.3%
-39.6%
Net Margin
-99.3%
-34.9%
Revenue YoY
791.7%
77.4%
Net Profit YoY
27.8%
-74.8%
EPS (diluted)
$-0.78
$-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
SNDX
SNDX
TLS
TLS
Q4 25
$68.5M
$46.8M
Q3 25
$45.9M
$51.4M
Q2 25
$38.0M
$36.0M
Q1 25
$20.0M
$30.6M
Q4 24
$26.4M
Q3 24
$12.5M
$23.8M
Q2 24
$28.5M
Q1 24
$0
$29.6M
Net Profit
SNDX
SNDX
TLS
TLS
Q4 25
$-68.0M
$-16.3M
Q3 25
$-60.7M
$-2.1M
Q2 25
$-71.8M
$-9.5M
Q1 25
$-84.8M
$-8.6M
Q4 24
$-9.3M
Q3 24
$-84.1M
$-28.1M
Q2 24
$-7.8M
Q1 24
$-72.4M
$-7.4M
Gross Margin
SNDX
SNDX
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
SNDX
SNDX
TLS
TLS
Q4 25
-91.3%
-39.6%
Q3 25
-125.2%
-4.8%
Q2 25
-182.7%
-27.5%
Q1 25
-417.9%
-29.5%
Q4 24
-37.6%
Q3 24
-716.6%
-121.4%
Q2 24
-30.3%
Q1 24
-28.5%
Net Margin
SNDX
SNDX
TLS
TLS
Q4 25
-99.3%
-34.9%
Q3 25
-132.4%
-4.1%
Q2 25
-189.3%
-26.5%
Q1 25
-423.3%
-28.1%
Q4 24
-35.4%
Q3 24
-673.0%
-118.0%
Q2 24
-27.2%
Q1 24
-24.9%
EPS (diluted)
SNDX
SNDX
TLS
TLS
Q4 25
$-0.78
$-0.22
Q3 25
$-0.70
$-0.03
Q2 25
$-0.83
$-0.13
Q1 25
$-0.98
$-0.12
Q4 24
$-0.13
Q3 24
$-0.98
$-0.39
Q2 24
$-0.11
Q1 24
$-0.85
$-0.10

Balance Sheet & Financial Strength

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

Metric
SNDX
SNDX
TLS
TLS
Cash + ST InvestmentsLiquidity on hand
$394.1M
$53.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$64.6M
$96.0M
Total Assets
$529.7M
$139.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNDX
SNDX
TLS
TLS
Q4 25
$394.1M
$53.2M
Q3 25
$436.0M
$59.0M
Q2 25
$455.2M
$57.0M
Q1 25
$512.2M
$57.8M
Q4 24
$54.6M
Q3 24
$389.6M
$69.8M
Q2 24
$80.1M
Q1 24
$434.6M
$93.9M
Stockholders' Equity
SNDX
SNDX
TLS
TLS
Q4 25
$64.6M
$96.0M
Q3 25
$115.4M
$119.7M
Q2 25
$157.4M
$118.4M
Q1 25
$215.1M
$126.1M
Q4 24
$127.1M
Q3 24
$366.4M
$129.5M
Q2 24
$149.1M
Q1 24
$491.9M
$154.4M
Total Assets
SNDX
SNDX
TLS
TLS
Q4 25
$529.7M
$139.9M
Q3 25
$551.8M
$164.3M
Q2 25
$596.1M
$165.0M
Q1 25
$640.7M
$158.1M
Q4 24
$158.2M
Q3 24
$425.8M
$166.3M
Q2 24
$182.4M
Q1 24
$543.0M
$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
SNDX
SNDX
TLS
TLS
Operating Cash FlowLast quarter
$-69.5M
$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.

Operating Cash Flow
SNDX
SNDX
TLS
TLS
Q4 25
$-69.5M
$8.0M
Q3 25
$-70.5M
$9.1M
Q2 25
$-87.8M
$7.0M
Q1 25
$-95.2M
$6.1M
Q4 24
$-10.5M
Q3 24
$-62.3M
$-7.1M
Q2 24
$-8.0M
Q1 24
$-83.5M
$-350.0K
Free Cash Flow
SNDX
SNDX
TLS
TLS
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
FCF Margin
SNDX
SNDX
TLS
TLS
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%
Capex Intensity
SNDX
SNDX
TLS
TLS
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

SNDX
SNDX

Segment breakdown not available.

TLS
TLS

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

Related Comparisons