# Telos Corp: overview TLS · Nasdaq · CIK 320121 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/tls.md) · [Financials](/companies/tls/financials.md) · [Filings](/companies/tls/filings.md) · [Insiders](/companies/tls/insiders.md) Latest reported revenue: [$47.7m](/filings/0000320121-26-000037.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 10, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0000320121-26-000037). ## Last eight quarters | Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [23.8](/filings/0000320121-25-000051.md) | [26.4 d](/filings/0000320121-26-000010.md) | [30.6](/filings/0000320121-26-000024.md) | [36.0](/filings/0000320121-26-000037.md) | [51.4](/filings/0000320121-25-000051.md) | [46.8 d](/filings/0000320121-26-000010.md) | [47.7](/filings/0000320121-26-000024.md) | [47.7](/filings/0000320121-26-000037.md) | | Gross margin | % | [13.2%](/filings/0000320121-25-000051.md) | [40.3% d](/filings/0000320121-26-000010.md) | [39.8%](/filings/0000320121-26-000024.md) | [33.2%](/filings/0000320121-26-000037.md) | [39.9%](/filings/0000320121-25-000051.md) | [35.0% d](/filings/0000320121-26-000010.md) | [36.4%](/filings/0000320121-26-000024.md) | [35.0%](/filings/0000320121-26-000037.md) | | Operating margin | % | [(121.4%)](/filings/0000320121-25-000051.md) | [(37.6%) d](/filings/0000320121-26-000010.md) | [(29.5%)](/filings/0000320121-26-000024.md) | [(27.5%)](/filings/0000320121-26-000037.md) | [(4.8%)](/filings/0000320121-25-000051.md) | [(39.6%) d](/filings/0000320121-26-000010.md) | [3.0%](/filings/0000320121-26-000024.md) | [0.6%](/filings/0000320121-26-000037.md) | | Net margin | % | [(118.0%)](/filings/0000320121-25-000051.md) | [(35.4%) d](/filings/0000320121-26-000010.md) | [(28.1%)](/filings/0000320121-26-000024.md) | [(26.5%)](/filings/0000320121-26-000037.md) | [(4.1%)](/filings/0000320121-25-000051.md) | [(34.9%) d](/filings/0000320121-26-000010.md) | [4.2%](/filings/0000320121-26-000024.md) | [1.4%](/filings/0000320121-26-000037.md) | | Diluted EPS | $ per share | [(0.39)](/filings/0000320121-25-000051.md) | not reported | [(0.12)](/filings/0000320121-26-000024.md) | [(0.13)](/filings/0000320121-26-000037.md) | [(0.03)](/filings/0000320121-25-000051.md) | not reported | [0.03](/filings/0000320121-26-000024.md) | [0.01](/filings/0000320121-26-000037.md) | | Free cash flow | $m | [(7.1) d](/filings/0000320121-25-000051.md) | [(12.4) d](/filings/0000320121-26-000010.md) | [6.0](/filings/0000320121-26-000024.md) | [6.8 d](/filings/0000320121-26-000037.md) | [8.7 d](/filings/0000320121-25-000051.md) | [8.0 d](/filings/0000320121-26-000010.md) | [8.5](/filings/0000320121-26-000024.md) | [8.6 d](/filings/0000320121-26-000037.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure. ## Last five fiscal years | Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [242](/filings/0000320121-23-000016.md) | [217](/filings/0000320121-24-000017.md) | [145](/filings/0000320121-25-000011.md) | [108](/filings/0000320121-26-000010.md) | [165](/filings/0000320121-26-000010.md) | | Gross margin | % | [35.5%](/filings/0000320121-23-000016.md) | [36.4%](/filings/0000320121-24-000017.md) | [36.4%](/filings/0000320121-25-000011.md) | [31.8%](/filings/0000320121-26-000010.md) | [37.0%](/filings/0000320121-26-000010.md) | | Operating margin | % | [(17.1%)](/filings/0000320121-23-000016.md) | [(24.8%)](/filings/0000320121-24-000017.md) | [(27.7%)](/filings/0000320121-25-000011.md) | [(51.6%)](/filings/0000320121-26-000010.md) | [(24.2%)](/filings/0000320121-26-000010.md) | | Net margin | % | [(17.8%)](/filings/0000320121-23-000016.md) | [(24.6%)](/filings/0000320121-24-000017.md) | [(23.7%)](/filings/0000320121-25-000011.md) | [(48.5%)](/filings/0000320121-26-000010.md) | [(22.2%)](/filings/0000320121-26-000010.md) | | Diluted EPS | $ per share | [(0.65)](/filings/0000320121-23-000016.md) | [(0.79)](/filings/0000320121-24-000017.md) | [(0.50)](/filings/0000320121-25-000011.md) | [(0.73)](/filings/0000320121-26-000010.md) | [(0.50)](/filings/0000320121-26-000010.md) | | Free cash flow | $m | [4.1](/filings/0000320121-23-000016.md) | [15.5](/filings/0000320121-24-000017.md) | [0.7](/filings/0000320121-25-000011.md) | [(28.2)](/filings/0000320121-26-000010.md) | [29.4](/filings/0000320121-26-000010.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/tls/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [BARCLAYS PLC](/funds/312069.md) | 2026-06-30 | $43.5m | 9,459,214 | | Reduced −4,040 | | [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $20.0m | 4,347,411 | | Added +561,812 | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $10.9m | 2,368,594 | | Added +91,075 | | [PINNACLE ASSOCIATES LTD](/funds/743127.md) | 2026-06-30 | $10.3m | 2,228,740 | | Reduced −62,289 | | [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $10.1m | 2,186,604 | | Added +925,241 | | [MASTERS CAPITAL MANAGEMENT LLC](/funds/1104186.md) | 2026-06-30 | $9.7m | 2,100,000 | | Added +100,000 | | [D. E. Shaw & Co., Inc.](/funds/1009207.md) | 2026-06-30 | $8.9m | 1,938,961 | | Reduced −112,355 | | [WEBER CAPITAL MANAGEMENT LLC /ADV](/funds/1099905.md) | 2026-06-30 | $8.1m | 1,766,520 | | Unchanged | | [MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.](/funds/1705339.md) | 2026-06-30 | $7.0m | 1,528,230 | | Reduced −735,251 | | [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $6.6m | 1,432,550 | | Added +117,082 | ## Recent filings [All 758 filings](/companies/tls/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-08-10 | 16:03 ET | [10-Q](/filings/0000320121-26-000037.md) | Quarterly report, period 2026-06-30 | 0000320121-26-000037 | | 2026-08-10 | 09:00 ET | [8-K](/filings/0000320121-26-000034.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000320121-26-000034 | | 2026-07-24 | 16:38 ET | [SCHEDULE 13D](/filings/0001356849-26-000011.md) | Ownership report, active investor | 0001356849-26-000011 | | 2026-05-28 | 16:04 ET | [8-K](/filings/0000320121-26-000027.md) | 5.02 Departure or appointment of officers or directors | 0000320121-26-000027 | | 2026-05-11 | 16:02 ET | [10-Q](/filings/0000320121-26-000024.md) | Quarterly report, period 2026-03-31 | 0000320121-26-000024 | | 2026-05-11 | 09:00 ET | [8-K](/filings/0000320121-26-000021.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000320121-26-000021 | | 2026-05-07 | 16:01 ET | [8-K](/filings/0000320121-26-000016.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0000320121-26-000016 | | 2026-04-29 | 16:01 ET | [8-K](/filings/0000320121-26-000012.md) | 2.02 Results of operations; 5.02 Departure or appointment of officers or directors | 0000320121-26-000012 | | 2026-03-27 | 16:02 ET | [DEF 14A](/filings/0001140361-26-011725.md) | Proxy statement, period 2026-05-07 | 0001140361-26-011725 | | 2026-03-16 | 16:01 ET | [10-K](/filings/0000320121-26-000010.md) | Annual report, period 2025-12-31 | 0000320121-26-000010 | ## Latest annual report [Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000320121-26-000010.md), filed Mar 16, 2026. ## Forecast league Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/93358e12-ae75-43c9-9a7a-edb9e7802c34) ## About the filer - CIK: 320121 - Tickers: TLS - Exchange: Nasdaq - SIC code: 7373 Services-Computer Integrated Systems Design - State of incorporation: MD - Filer category: Accelerated filer
Smaller reporting company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:22 ET. No prices; not investment advice.