TELOS CORP (TLS) SEC Filings & Earnings Calls
EquiReason read 12 TELOS CORP SEC filings in the last 12 months. Latest: 10-Q on 2026-08-10 — Telos reported strong Q2 2026 results with revenue up 32.7% YoY and net income swing to positive..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
TLSTELOS CORPFollow TLS — free
—
Price chart with a free account
- Market cap
- 364.0M
- P/E TTM
- —
- Dividend yield
- —
- 52-week
- —
- Next earnings
- 16 Nov, in 23 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
10 Aug 202610-QTelos reported strong Q2 2026 results with revenue up 32.7% YoY and net income swing to positive.earningsopen
Figures in the filing · each found in the filing text
| Revenue · Q2-2026 | $48M | +33% y/y |
| Net Income (Loss) · Q2-2026 | $660000.00 | |
| Gross Margin · Q2-2026 | 35.0% | |
| Operating Cash Flow · Q2-2026 | $9M | |
| Security Solutions Revenue · Security Solutions · Q2-2026 | $47M | +44% y/y |
| Secure Networks Revenue · Secure Networks · Q2-2026 | $1M | -69% y/y |
Risks flagged
Secure Networks segment decline
“Secure Networks segment revenue decreased by 69.0% YoY due to ramp down of programs without new wins.”
Geopolitical and macroeconomic uncertainty
“Volatility from Middle East conflict could affect results if prolonged.”
10 Aug 20268-K · 2.02Telos Corporation announced its second quarter 2026 earnings results via press release and posted financial results on its website. The company will host a conference call to discuss results. No specific financial figures are provided in thearningsSEC ↗
24 Jul 2026SC 13DCEO John B. Wood filed a belated Schedule 13D disclosing a 9.1% passive beneficial ownership stake, with no activist intent.open
Figures in the filing · each found in the filing text
| Common Shares Beneficially Owned · 2026-07-24 | 6,815,139 | |
| Percent of Class · 2026-07-24 | 9.1% |
Risks flagged
Late filing risk
“This Schedule 13D was required to be filed within ten calendar days following November 17, 2020 ... This Schedule 13D was not filed within the required time period due to inadvertent administrative error.” · word for word
24 Jul 2026SC 13DCEO John B. Wood filed a belated Schedule 13D disclosing a 9.1% passive beneficial ownership stake, with no activist intent.open
Figures in the filing · each found in the filing text
| Common Shares Beneficially Owned · 2026-07-24 | 6,815,139 | |
| Percent of Class · 2026-07-24 | 9.1% |
Risks flagged
Late filing risk
“This Schedule 13D was required to be filed within ten calendar days following November 17, 2020 ... This Schedule 13D was not filed within the required time period due to inadvertent administrative error.” · word for word
11 May 202610-QQ1 2026 revenue increased 55.9% YoY; net income of $2.0M vs loss of $8.6M; operating cash flow improved.earningsopen
Figures in the filing · each found in the filing text
| Gross margin · Q1-2026 | 36.4% | |
| Net income (loss) · Q1-2026 | $2M | |
| Cash and cash equivalents · Q1-2026 | $50M |
Risks flagged
Federal government customer concentration
“We generated approximately 93% and 89% of our total revenues from contracts with U.S. government agencies in the first quarter of fiscal year ("FY") 2026 and 2025, respectively.” · word for word
Secure Networks segment decline
“For the quarter ended March 31, 2026, the Secure Networks segment revenue decreased by 63.1%, compared to the same period in 2025, primarily due to the continued ramp down of several programs within the portfolio without corresponding new business wins to backfill completed programs.” · word for word
Federal budget and personnel uncertainty
“turmoil within the federal government, including personnel and leadership turnover and budgetary uncertainty, has had the effect of lengthening our sales cycle in certain cases.” · word for word
Geopolitical volatility
“During the current quarter, the global economy has continued to experience volatility arising from geopolitical developments and broader economic and financial factors, specifically including the ongoing conflict in Iran and the Middle East.” · word for word
11 May 20268-K · 2.02Telos Corp released Q1 2026 earnings results via press release and conference call;earningsSEC ↗
29 Apr 20268-K · 2.02, 5.02CEO John B. Wood takes medical leave of absence; interim leadership appointed. Q1 revenue and Adj. EBITDA expected above high end of guidance; full-year outlook reaffirmed.open
Guidance
Q1 revenue and Adjusted EBITDA above high end of guidance range provided March 16, 2026; full-year outlook reaffirmed.
Q1 beat on revenue and Adj. EBITDA; full-year outlook reaffirmed.
Risks flagged
CEO absence creates key-person risk and potential strategic drift
“CEO John B. Wood on medical leave; duration uncertain; interim leadership team appointed.”
27 Mar 2026DEF 14AProxy statement (DEF 14A) filed; proposes increase in share reserve for equity incentive plan; discloses strong 2025 financial performance and compensation tied to performance metrics.open
Figures in the filing · each found in the filing text
| Net Income · FY2025 | $-37M | |
| Free Cash Flow · FY2025 | $21M | |
| Adjusted EBITDA · FY2025 | $18M | |
| Bookings · FY2025 | $248M |
Risks flagged
Customer concentration / program dependency
“The DMDC program began to transition from the incumbent contractor to Telos in the fourth quarter of 2024, and to ramp up in earnest in early 2025” · word for word
Equity dilution from incentive plans
“The additional shares represented by the Plan Amendment, combined with those previously granted but not vested and those still available for issuance under the 2016 LTIP, would represent approximately 20.5% of our outstanding Common Stock as of March 23, 2026” · word for word
16 Mar 20268-K · 2.02Telos Corp released Q4 and FY2025 financial results via press release and website posting;earningsSEC ↗
16 Mar 202610-KTelos reported strong FY2025 results with revenue up 52.2%, gross margin expansion of 523 bps, positive operating cash flow of $30.2M, and a 64.8% increase in backlog, though Secure Networks segment declined and a $14.9M goodwill impairmentearningsopen
Figures in the filing · each found in the filing text
| Revenue · FY2025 | $165M | +52% y/y |
| Gross Margin · FY2025 | 37.0% | |
| Net Loss · FY2025 | $-37M | |
| Adjusted EBITDA · FY2025 | $18M | |
| Operating Cash Flow · FY2025 | $30M | |
| Security Solutions Revenue · Security Solutions · FY2025 | $150M | +95% y/y |
| Secure Networks Revenue · Secure Networks · FY2025 | $15M | -52% y/y |
| Total Backlog · FY2025 | $126M | +65% y/y |
| Security Solutions Backlog · Security Solutions · FY2025 | $122M | +86% y/y |
| Employees · FY2025 | 525 |
Risks flagged
Customer Concentration
“In fiscal year 2025, we generated approximately 91.0% of our revenues from the U.S. federal government.” · word for word
Secure Networks Decline
“Secure Networks segment revenue decreased by 51.7% in 2025... primarily due to the ramp down of several programs within the portfolio without corresponding new business wins to backfill completed programs.” · word for word
Goodwill Impairment Risk
“We recognized a non-cash goodwill impairment of $14.9 million as of December 31, 2025.” · word for word
Fixed-Price Contract Risk
“We generated 73.3% of our 2025 revenues from fixed-price contracts.” · word for word
Federal Budget Shutdown Risk
“A partial government shutdown began on February 14, 2026 after the lawmakers and the White House failed to reach a deal on legislation to fund DHS through September 2026.” · word for word
10 Nov 202510-QTelos reported strong Q3 2025 results with revenue up 116.3% YoY and gross margin expanding 2,672 bps, driven by Security Solutions growth, though Secure Networks continued to decline.earningsopen
Figures in the filing · each found in the filing text
| Operating cash flow · Q3-2025 | $9M |
Risks flagged
Government shutdown risk
“On October 1, 2025, the federal government began to shut down as a result of congressional inaction on passing appropriations legislation for FY2026.” · word for word
Goodwill impairment risk
“If the financial performance of our Secure Networks reporting segment remains at the current level for a sustained period of time, and after considering other qualitative factors, there may be a triggering event indicating goodwill may be impaired in our Secure Networks reporting unit.” · word for word
Secure Networks revenue decline
“Secure Network segment revenue for the nine months ended September 30, 2025, decreased by $13.8 million, or 51.0%, compared to the same period in 2024, primarily due to the ramp down of several programs within the portfolio without corresponding new business wins to backfill completed programs.” · word for word
10 Nov 20258-K · 2.02Telos Corporation announced Q3 2025 earnings results posted on investor relations website. Conference call scheduled for November 10, 2025 at 9:30 a.m. ET.earningsSEC ↗
Government contract awards
federal awards · contract value, often multi-year| Date | Agency | Value | What for |
|---|---|---|---|
| 2026-09-25 | Departmental Offices | $12M | GOVERNANCE, RISK, AND COMPLIANCE (GRC) - AUTHORITY TO OPERATE (ATO) MODERNIZATION FOR DEPARTMENT OF HEALTH AND HUMAN SERVICES (HHS), OFFICE OF THE CHIEF INFORMATION OFFICER (OCIO), |
TELOS CORP — questions
- What did TELOS CORP file recently?
- 12 SEC filings in the last 12 months. Latest: 10-Q on 2026-08-10 — Telos reported strong Q2 2026 results with revenue up 32.7% YoY and net income swing to positive.
Every figure on this page comes from TELOS CORP's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.