Telos Corporation
NASDAQ•TLS
CEO: Mr. John B. Wood
Sector: Technology
Industry: Information Technology Services
Listing Date: 2020-11-19
Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates in two segments, Security Solutions and Secure Networks. It provides Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services. The company also offers Telos Automated Message Handling System, a web-based organizational message distribution and management for mission-critical communications used by military field operatives; Telos Advanced Cyber Analytics solution, which is a threat feed source of global Internet Protocol addresses known to engage in potentially malicious activity, including mass scanning and generic opportunistic attacks; and Telos Ghost, a solution to eliminate cyberattack surfaces by obfuscating and encrypting data, masking user identity and location, and hiding network resources, as well as provides security and privacy for intelligence gathering, cyber threat protection, securing critical infrastructure, and protecting communications and applications. In addition, the company provides IDTrust360, an enterprise digital trusted identity risk platform for extending flexible hybrid cloud identity services; and ONYX, a touchless fingerprint biometric solution for mobile devices. Further, it offers secure mobility solutions that enable remote work and minimize operational and security concerns across and beyond the enterprise; network management and defense services for operating, administrating, and defending complex enterprise networks and services for defensive cyber operations; and operates TSA PreCheck enrollment centers. It serves the United States federal government, large commercial businesses, state and local governments, and international customers. Telos Corporation was founded in 1968 and is headquartered in Ashburn, Virginia.
Contact Information
Market Cap
$442.07M
P/E (TTM)
-15.0
19.3
Dividend Yield
--
52W High
$8.36
52W Low
$1.83
52W Range
Rank69Top 93.9%
1.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 1.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$51.44M+116.31%
4-Quarter Trend
EPS
-$0.03-92.31%
4-Quarter Trend
FCF
$6.60M-192.57%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Nine Month Revenue Growth Total revenue reached $118.0M for nine months, marking a strong 44.1% increase over the prior year period.
Net Loss Significantly Reduced Nine month net loss narrowed to $20.2M, reflecting a $22.9M improvement from the prior year period's loss.
Security Solutions Revenue Surge Security Solutions revenue surged 91.1% to $104.8M for nine months, driven by expansion of large Telos ID programs.
Quarterly Gross Margin Expansion Quarterly gross margin expanded sharply to 39.9% from 13.2%, benefiting from absence of 2024 impairment charges.
Risk Factors
Secure Networks Segment Decline Secure Networks revenue dropped 51.0% to $13.3M for nine months due to program ramp down without new wins.
Federal Government Shutdown Risk Ongoing federal government shutdown creates practical challenges disrupting performance and delaying contract approvals and deliverables.
Goodwill Impairment Potential Noted Sustained performance at current level for Secure Networks unit may trigger goodwill impairment test, potentially impacting results.
Trade Policy Tariff Cost Impact New Administration tariffs increase procurement costs for IT hardware used internally or sold to customers, negatively affecting operations.
Outlook
Strong Liquidity Maintained Liquidity remains strong with $59.1M cash and $65.6M working capital, sufficient for next twelve months operating needs.
New AI Capability Launched Launched Xacta.ai™, leveraging AI for GRC platform, dramatically reducing compliance time and enabling proactive risk management.
Share Repurchase Authorization Status $31.1M remains authorized under the $50.0M Share Repurchase Program for discretionary open market purchases.
Monitoring Budget Uncertainty Monitoring federal budget uncertainty and shutdown effects; delayed awards may shift revenue and cash collections to future periods.
Peer Comparison
Revenue (TTM)
XRX$6.61B
PSFE$1.68B
$579.74M
Gross Margin (Latest Quarter)
DOMO74.2%
WEAV72.3%
BLZE62.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| HCKT | $553.49M | 50.7 | 9.7% | 23.2% |
| WEAV | $526.67M | -15.5 | -44.9% | 25.7% |
| PSFE | $500.79M | -10.3 | -5.7% | 52.9% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
24.9%
Strong Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow
Research & Insights
Next earnings:Mar 9, 2026
EPS:$0.02
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 10, 2025|Revenue: $51.44M+116.3%|EPS: $-0.03-92.3%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 11, 2025|Revenue: $35.97M+26.2%|EPS: $-0.13+18.2%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 9, 2025|Revenue: $30.62M+3.4%|EPS: $-0.12+20.0%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Mar 10, 2025|Revenue: $108.27M-25.5%|EPS: $-0.73-46.0%MissForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 12, 2024|Revenue: $23.78M-34.3%|EPS: $-0.39+225.0%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 9, 2024|Revenue: $28.50M-13.4%|EPS: $-0.11-8.3%BeatForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 10, 2024|Revenue: $29.62M-15.9%|EPS: $-0.10-37.5%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Mar 15, 2024|Revenue: $145.38M-33.0%|EPS: $-0.50+36.7%Miss