vs
Side-by-side financial comparison of SYPRIS SOLUTIONS INC (SYPR) 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 $30.3M, roughly 1.5× SYPRIS SOLUTIONS INC). SYPRIS SOLUTIONS INC runs the higher net margin — -12.9% vs -34.9%, a 22.0% gap on every dollar of revenue. On growth, TELOS CORP posted the faster year-over-year revenue change (77.4% vs -9.5%). TELOS CORP produced more free cash flow last quarter ($8.0M vs $-1.5M). Over the past eight quarters, TELOS CORP's revenue compounded faster (25.7% CAGR vs -7.7%).
Sypris Solutions Inc. is a U.S.-headquartered provider of highly engineered components and specialized technical services, primarily serving aerospace, defense, automotive and commercial industrial markets. It delivers custom manufacturing, performance testing, and value-added engineering support for mission-critical systems and parts for global enterprise 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.
SYPR vs TLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $30.3M | $46.8M |
| Net Profit | $-3.9M | $-16.3M |
| Gross Margin | 4.6% | 35.0% |
| Operating Margin | -10.9% | -39.6% |
| Net Margin | -12.9% | -34.9% |
| Revenue YoY | -9.5% | 77.4% |
| Net Profit YoY | -2992.6% | -74.8% |
| EPS (diluted) | $-0.17 | $-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 | $30.3M | $46.8M | ||
| Q3 25 | $28.7M | $51.4M | ||
| Q2 25 | $31.4M | $36.0M | ||
| Q1 25 | $29.5M | $30.6M | ||
| Q4 24 | $33.4M | $26.4M | ||
| Q3 24 | $35.7M | $23.8M | ||
| Q2 24 | $35.5M | $28.5M | ||
| Q1 24 | $35.6M | $29.6M |
| Q4 25 | $-3.9M | $-16.3M | ||
| Q3 25 | $517.0K | $-2.1M | ||
| Q2 25 | $-2.1M | $-9.5M | ||
| Q1 25 | $-899.0K | $-8.6M | ||
| Q4 24 | $135.0K | $-9.3M | ||
| Q3 24 | $390.0K | $-28.1M | ||
| Q2 24 | $16.0K | $-7.8M | ||
| Q1 24 | $-2.2M | $-7.4M |
| Q4 25 | 4.6% | 35.0% | ||
| Q3 25 | 7.2% | 39.9% | ||
| Q2 25 | 8.2% | 33.2% | ||
| Q1 25 | 11.4% | 39.8% | ||
| Q4 24 | 16.1% | 40.3% | ||
| Q3 24 | 16.8% | 13.2% | ||
| Q2 24 | 15.9% | 34.1% | ||
| Q1 24 | 8.1% | 37.0% |
| Q4 25 | -10.9% | -39.6% | ||
| Q3 25 | -6.1% | -4.8% | ||
| Q2 25 | -4.6% | -27.5% | ||
| Q1 25 | -0.4% | -29.5% | ||
| Q4 24 | 3.9% | -37.6% | ||
| Q3 24 | 4.8% | -121.4% | ||
| Q2 24 | 3.6% | -30.3% | ||
| Q1 24 | -3.9% | -28.5% |
| Q4 25 | -12.9% | -34.9% | ||
| Q3 25 | 1.8% | -4.1% | ||
| Q2 25 | -6.5% | -26.5% | ||
| Q1 25 | -3.0% | -28.1% | ||
| Q4 24 | 0.4% | -35.4% | ||
| Q3 24 | 1.1% | -118.0% | ||
| Q2 24 | 0.0% | -27.2% | ||
| Q1 24 | -6.2% | -24.9% |
| Q4 25 | $-0.17 | $-0.22 | ||
| Q3 25 | $0.02 | $-0.03 | ||
| Q2 25 | $-0.09 | $-0.13 | ||
| Q1 25 | $-0.04 | $-0.12 | ||
| Q4 24 | $0.00 | $-0.13 | ||
| Q3 24 | $0.02 | $-0.39 | ||
| Q2 24 | $0.00 | $-0.11 | ||
| Q1 24 | $-0.10 | $-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 | — | $53.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $17.8M | $96.0M |
| Total Assets | $107.8M | $139.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $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 | — | $93.9M |
| Q4 25 | $17.8M | $96.0M | ||
| Q3 25 | $20.0M | $119.7M | ||
| Q2 25 | $18.7M | $118.4M | ||
| Q1 25 | $19.0M | $126.1M | ||
| Q4 24 | $19.6M | $127.1M | ||
| Q3 24 | $18.2M | $129.5M | ||
| Q2 24 | $19.0M | $149.1M | ||
| Q1 24 | $20.8M | $154.4M |
| Q4 25 | $107.8M | $139.9M | ||
| Q3 25 | $112.5M | $164.3M | ||
| Q2 25 | $105.8M | $165.0M | ||
| Q1 25 | $110.2M | $158.1M | ||
| Q4 24 | $119.4M | $158.2M | ||
| Q3 24 | $121.6M | $166.3M | ||
| Q2 24 | $124.2M | $182.4M | ||
| Q1 24 | $129.0M | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.1M | $8.0M |
| Free Cash FlowOCF − Capex | $-1.5M | $8.0M |
| FCF MarginFCF / Revenue | -5.0% | 17.0% |
| Capex IntensityCapex / Revenue | 1.3% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-6.5M | $29.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.1M | $8.0M | ||
| Q3 25 | $-178.0K | $9.1M | ||
| Q2 25 | $1.1M | $7.0M | ||
| Q1 25 | $-5.5M | $6.1M | ||
| Q4 24 | $2.3M | $-10.5M | ||
| Q3 24 | $-4.8M | $-7.1M | ||
| Q2 24 | $6.2M | $-8.0M | ||
| Q1 24 | $-1.7M | $-350.0K |
| Q4 25 | $-1.5M | $8.0M | ||
| Q3 25 | $-390.0K | $8.7M | ||
| Q2 25 | $941.0K | $6.8M | ||
| Q1 25 | $-5.5M | $6.0M | ||
| Q4 24 | $1.9M | $-12.4M | ||
| Q3 24 | $-4.9M | $-7.1M | ||
| Q2 24 | $6.0M | $-8.2M | ||
| Q1 24 | $-2.0M | $-447.0K |
| Q4 25 | -5.0% | 17.0% | ||
| Q3 25 | -1.4% | 16.9% | ||
| Q2 25 | 3.0% | 19.0% | ||
| Q1 25 | -18.8% | 19.5% | ||
| Q4 24 | 5.7% | -47.0% | ||
| Q3 24 | -13.8% | -30.0% | ||
| Q2 24 | 16.8% | -28.9% | ||
| Q1 24 | -5.7% | -1.5% |
| Q4 25 | 1.3% | 0.1% | ||
| Q3 25 | 0.7% | 0.9% | ||
| Q2 25 | 0.5% | 0.4% | ||
| Q1 25 | 0.0% | 0.4% | ||
| Q4 24 | 1.2% | 7.1% | ||
| Q3 24 | 0.4% | 0.2% | ||
| Q2 24 | 0.5% | 0.8% | ||
| Q1 24 | 0.9% | 0.3% |
| Q4 25 | — | — | ||
| Q3 25 | -0.34× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 17.13× | — | ||
| Q3 24 | -12.21× | — | ||
| Q2 24 | 385.25× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SYPR
| Sypris Electronics | $17.7M | 59% |
| Transferred At Point In Time | $12.5M | 41% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
