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TELOS CORP（TLS）与WEST BANCORPORATION INC（WTBA）财务数据对比。点击上方公司名可切换其他公司
TELOS CORP的季度营收约是WEST BANCORPORATION INC的1.7倍（$46.8M vs $26.9M），WEST BANCORPORATION INC净利率更高（39.2% vs -34.9%，领先74.1%），TELOS CORP同比增速更快（77.4% vs 16.6%），WEST BANCORPORATION INC自由现金流更多（$12.4M vs $8.0M），过去两年TELOS CORP的营收复合增速更高（25.7% vs 17.3%）
泰洛斯公司（Telos Corporation）是一家信息技术与网络安全企业，总部位于美国弗吉尼亚州阿什本。公司主要服务对象为政府与企业客户，业务合同大部分来自美国国防部，核心客户涵盖美国军方、情报机构、民政部门以及北约盟友机构。
West Bancorporation Inc.是总部位于美国中西部的区域性金融控股公司，主要服务爱荷华州、明尼苏达州两地市场，面向不同群体提供多元化个人及商业银行服务，包括存款账户、按揭贷款、企业信贷、财富管理等专业解决方案，覆盖个人客户、中小企业及本地机构客户。
TLS vs WTBA — 直观对比
营收规模更大
TLS
是对方的1.7倍
$26.9M
营收增速更快
TLS
高出60.7%
16.6%
净利率更高
WTBA
高出74.1%
-34.9%
自由现金流更多
WTBA
多$4.4M
$8.0M
两年增速更快
TLS
近两年复合增速
17.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $46.8M | $26.9M |
| 净利润 | $-16.3M | $10.6M |
| 毛利率 | 35.0% | — |
| 营业利润率 | -39.6% | 50.0% |
| 净利率 | -34.9% | 39.2% |
| 营收同比 | 77.4% | 16.6% |
| 净利润同比 | -74.8% | 34.8% |
| 每股收益（稀释后） | $-0.22 | $0.61 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收TLSWTBA
| Q1 26 | — | $26.9M | ||
| Q4 25 | $46.8M | $24.2M | ||
| Q3 25 | $51.4M | $25.0M | ||
| Q2 25 | $36.0M | $23.8M | ||
| Q1 25 | $30.6M | $23.1M | ||
| Q4 24 | $26.4M | $20.9M | ||
| Q3 24 | $23.8M | $20.3M | ||
| Q2 24 | $28.5M | $19.6M |
净利润TLSWTBA
| Q1 26 | — | $10.6M | ||
| Q4 25 | $-16.3M | $7.4M | ||
| Q3 25 | $-2.1M | $9.3M | ||
| Q2 25 | $-9.5M | $8.0M | ||
| Q1 25 | $-8.6M | $7.8M | ||
| Q4 24 | $-9.3M | $7.1M | ||
| Q3 24 | $-28.1M | $6.0M | ||
| Q2 24 | $-7.8M | $5.2M |
毛利率TLSWTBA
| 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% | — |
营业利润率TLSWTBA
| Q1 26 | — | 50.0% | ||
| Q4 25 | -39.6% | 39.6% | ||
| Q3 25 | -4.8% | 45.8% | ||
| Q2 25 | -27.5% | 43.4% | ||
| Q1 25 | -29.5% | 43.4% | ||
| Q4 24 | -37.6% | 30.9% | ||
| Q3 24 | -121.4% | 36.6% | ||
| Q2 24 | -30.3% | 32.6% |
净利率TLSWTBA
| Q1 26 | — | 39.2% | ||
| Q4 25 | -34.9% | 30.7% | ||
| Q3 25 | -4.1% | 37.3% | ||
| Q2 25 | -26.5% | 33.5% | ||
| Q1 25 | -28.1% | 34.0% | ||
| Q4 24 | -35.4% | 34.0% | ||
| Q3 24 | -118.0% | 29.3% | ||
| Q2 24 | -27.2% | 26.5% |
每股收益（稀释后）TLSWTBA
| Q1 26 | — | $0.61 | ||
| Q4 25 | $-0.22 | $0.44 | ||
| Q3 25 | $-0.03 | $0.55 | ||
| Q2 25 | $-0.13 | $0.47 | ||
| Q1 25 | $-0.12 | $0.46 | ||
| Q4 24 | $-0.13 | $0.41 | ||
| Q3 24 | $-0.39 | $0.35 | ||
| Q2 24 | $-0.11 | $0.31 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $53.2M | $362.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $96.0M | $270.7M |
| 总资产 | $139.9M | $4.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资TLSWTBA
| Q1 26 | — | $362.0M | ||
| Q4 25 | $53.2M | $471.1M | ||
| Q3 25 | $59.0M | $232.9M | ||
| Q2 25 | $57.0M | $345.2M | ||
| Q1 25 | $57.8M | — | ||
| Q4 24 | $54.6M | $243.5M | ||
| Q3 24 | $69.8M | — | ||
| Q2 24 | $80.1M | — |
股东权益TLSWTBA
| Q1 26 | — | $270.7M | ||
| Q4 25 | $96.0M | $266.0M | ||
| Q3 25 | $119.7M | $255.1M | ||
| Q2 25 | $118.4M | $240.9M | ||
| Q1 25 | $126.1M | $237.9M | ||
| Q4 24 | $127.1M | $227.9M | ||
| Q3 24 | $129.5M | $235.4M | ||
| Q2 24 | $149.1M | $223.9M |
总资产TLSWTBA
| Q1 26 | — | $4.0B | ||
| Q4 25 | $139.9M | $4.1B | ||
| Q3 25 | $164.3M | $4.0B | ||
| Q2 25 | $165.0M | $4.1B | ||
| Q1 25 | $158.1M | $4.0B | ||
| Q4 24 | $158.2M | $4.0B | ||
| Q3 24 | $166.3M | $4.0B | ||
| Q2 24 | $182.4M | $4.0B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $8.0M | $12.9M |
| 自由现金流经营现金流 - 资本支出 | $8.0M | $12.4M |
| 自由现金流率自由现金流/营收 | 17.0% | 46.0% |
| 资本支出强度资本支出/营收 | 0.1% | 1.8% |
| 现金转化率经营现金流/净利润 | — | 1.22× |
| 过去12个月自由现金流最近4个季度 | $29.4M | $79.1M |
8季度趋势，按日历期对齐
经营现金流TLSWTBA
| Q1 26 | — | $12.9M | ||
| Q4 25 | $8.0M | $46.5M | ||
| Q3 25 | $9.1M | $11.4M | ||
| Q2 25 | $7.0M | $13.5M | ||
| Q1 25 | $6.1M | $9.7M | ||
| Q4 24 | $-10.5M | $39.8M | ||
| Q3 24 | $-7.1M | $12.9M | ||
| Q2 24 | $-8.0M | $10.0M |
自由现金流TLSWTBA
| Q1 26 | — | $12.4M | ||
| Q4 25 | $8.0M | $43.2M | ||
| Q3 25 | $8.7M | $10.8M | ||
| Q2 25 | $6.8M | $12.8M | ||
| Q1 25 | $6.0M | $8.3M | ||
| Q4 24 | $-12.4M | $13.7M | ||
| Q3 24 | $-7.1M | $7.0M | ||
| Q2 24 | $-8.2M | $2.7M |
自由现金流率TLSWTBA
| Q1 26 | — | 46.0% | ||
| Q4 25 | 17.0% | 178.3% | ||
| Q3 25 | 16.9% | 43.0% | ||
| Q2 25 | 19.0% | 53.6% | ||
| Q1 25 | 19.5% | 35.7% | ||
| Q4 24 | -47.0% | 65.6% | ||
| Q3 24 | -30.0% | 34.2% | ||
| Q2 24 | -28.9% | 14.0% |
资本支出强度TLSWTBA
| Q1 26 | — | 1.8% | ||
| Q4 25 | 0.1% | 13.7% | ||
| Q3 25 | 0.9% | 2.6% | ||
| Q2 25 | 0.4% | 3.2% | ||
| Q1 25 | 0.4% | 6.5% | ||
| Q4 24 | 7.1% | 125.3% | ||
| Q3 24 | 0.2% | 29.4% | ||
| Q2 24 | 0.8% | 37.1% |
现金转化率TLSWTBA
| Q1 26 | — | 1.22× | ||
| Q4 25 | — | 6.26× | ||
| Q3 25 | — | 1.23× | ||
| Q2 25 | — | 1.70× | ||
| Q1 25 | — | 1.24× | ||
| Q4 24 | — | 5.61× | ||
| Q3 24 | — | 2.17× | ||
| Q2 24 | — | 1.93× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
WTBA
暂无分部数据
