Tessera Defense & Homeland (HLSQ) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 19, 2026. Each column of the statement tables below links to the filing it was taken from.
This page shows Tessera Defense & Homeland (HLSQ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Tessera Defense & Homeland does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
Tessera Defense & Homeland generated $332K in revenue in Q2 2026.
Tessera Defense & Homeland reported -$3.8M in net income in Q2 2026. This represents an increase of 36.3% from the same quarter a year earlier.
Tessera Defense & Homeland earned $0.37 per diluted share (EPS) in Q2 2026. This represents a decrease of 89.9% from the same quarter a year earlier.
Not reported for Q2 2026.
Cash & Balance Sheet
Tessera Defense & Homeland held $347K in cash against $247K in long-term debt as of Q2 2026, with $10.2M of liabilities due within a year.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Tessera Defense & Homeland's gross margin was 29.2% in Q2 2026, indicating the percentage of revenue retained after direct costs.
Tessera Defense & Homeland's ROE was -35.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 3.9 percentage points from the same quarter a year earlier.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
None of these metrics is reported for Q2 2026.
HLSQ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $332K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | $235K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $97K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | $6.1M-15.9% | $5.0M-27.3% | $5.3M+27.9% | N/A | $7.3M+29.0% |
| SG&A Expenses | $5.4M+122.5% | $1.6M-35.7% | N/A | $2.4M-25.7% | $2.4M-14.5% | $2.5M-6.5% | N/A | $3.2M+50.8% |
| Operating Income | -$5.4M+27.2% | -$1.3M+83.3% | N/A | -$8.5M+24.6% | -$7.4M+23.6% | -$7.8M-14.3% | N/A | -$11.3M-45.3% |
| EBITDA | N/A | N/A | N/A | -$7.3M+33.7% | -$7.1M | -$7.5M-14.7% | N/A | -$11.0M-45.3% |
| Interest Expense | $20K+300.0% | $192K-77.4% | N/A | $5K0.0% | $5K-99.4% | $850K0.0% | N/A | $5K-99.1% |
| Income Tax | N/A | N/A | N/A | $3K | $2K-60.0% | $1K-80.0% | N/A | N/A |
| Net Income | -$3.8M+36.3% | N/A | N/A | -$9.2M-195.1% | -$6.0M-235.0% | -$7.7M+55.8% | N/A | $9.6M+222.0% |
| EPS (Basic) | $0.37-89.9% | $7.38+17.7% | $21.39-14.6% | $0.29+193.5% | $3.66+2714.3% | $6.27+125.5% | $25.05+2992.6% | -$0.31-123.8% |
| EPS (Diluted) | $0.37-89.9% | $7.38 | $21.39 | $0.29+193.5% | $3.66 | $6.27 | $55.86 | -$0.31 |
| Diluted Shares (Avg) | 10M+525.9% | N/A | N/A | 31M+91.6% | 2M | 23M | N/A | 16M |
HLSQ Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $28.2M-25.9% | $3.3M-92.9% | $5.8M-86.6% | $26.2M-56.4% | $38.0M-44.5% | $45.7M-44.1% | $43.2M+72.7% | $60.0M+81.4% |
| Current Assets | $2.4M-85.5% | $3.0M-87.1% | $5.6M-72.8% | $8.9M-68.7% | $16.6M-52.6% | $23.5M-50.0% | $20.5M+16.4% | $28.3M+11.9% |
| Cash & Equivalents | $347K-97.5% | $1.2M-94.2% | $4.4M-74.1% | $6.9M-70.6% | $14.0M-55.6% | $20.1M-53.2% | $16.9M+13.1% | $23.5M+4.8% |
| Short-Term Investments | $225K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $327K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | $801K | $801K |
| Total Liabilities | $17.3M-8.3% | $4.1M-80.5% | $7.1M-62.9% | $15.7M-29.0% | $18.9M-54.1% | $21.2M-76.8% | $19.1M-13.0% | $22.1M-11.3% |
| Current Liabilities | $10.2M+62.6% | $2.4M-65.1% | $6.4M-22.8% | $5.2M-41.6% | $6.3M-14.3% | $7.0M-34.4% | $8.3M-26.0% | $8.9M-30.0% |
| Non-Current Liabilities | $383K-97.0% | $1.7M-88.1% | $706K-93.5% | $10.5M-20.4% | $12.6M-62.7% | $14.1M-70.6% | $10.8M+0.4% | $13.1M+8.4% |
| Long-Term Debt | $247K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $10.9M-43.3% | -$881K-103.6% | -$1.3M-105.4% | $10.5M-72.3% | $19.2M-30.1% | $24.5M+356.7% | $24.1M+683.8% | $37.9M+364.8% |
| Retained Earnings | -$239.8M-23.4% | -$236.0M-25.3% | -$216.9M-20.0% | -$203.6M-22.5% | -$194.4M-10.6% | -$188.4M-4.5% | -$180.7M-10.9% | -$166.2M-5.5% |
Not reported in any period shown, so not listed: Inventory.
HLSQ Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.2M+80.8% | -$5.4M+37.9% | -$4.4M+30.3% | -$7.2M+11.3% | -$6.1M+45.6% | -$8.7M+23.3% | -$6.3M-0.8% | -$8.1M-36.7% |
| Depreciation & Amortization | N/A | N/A | $1.2M+25.2% | $1.2M+285.4% | $292K | $236K+3.1% | $921K+334.4% | $322K+47.0% |
| Stock-Based Compensation | $4.0M+473.0% | -$1.9M-392.6% | N/A | $438K-47.2% | $696K+803.9% | $659K+272.3% | N/A | $829K+325.1% |
| Capital Expenditures | N/A | N/A | $0-100.0% | N/A | N/A | N/A | $11K+57.1% | $10K-68.8% |
| Free Cash Flow | N/A | N/A | -$4.4M+30.4% | N/A | N/A | N/A | -$6.3M-0.8% | -$8.1M-36.2% |
| Investing Cash Flow | -$556K-1058.6% | -$996K-2052.9% | $1K+200.0% | -$2K-100.0% | $58K+7.4% | $51K-92.3% | -$1K+83.3% | -$1K+96.9% |
| Financing Cash Flow | $905K+3220.7% | $2.6M-78.0% | $1.3M+414.3% | $54K | -$29K+85.7% | $11.9M-69.4% | -$398K+69.9% | $0+100.0% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
HLSQ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -1630.7% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | -1158.4% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | -35.4%-3.9pp | N/A | N/A | -87.4%-112.9pp | -31.5%-47.8pp | -31.3% | N/A | 25.4%+122.4pp |
| Return on Assets | -13.7%+2.2pp | N/A | N/A | -35.0%-51.1pp | -15.9%-22.4pp | -16.8%+4.4pp | N/A | 16.1%+40.0pp |
| Current Ratio | 0.24-2.4x | 1.24-2.1x | 0.87-1.6x | 1.70-1.5x | 2.66-2.1x | 3.35-1.0x | 2.48+0.9x | 3.17+1.2x |
| Debt-to-Equity | 0.02-1.0x | N/A | N/A | 1.50+0.9x | 0.99-0.5x | 0.86 | 0.79-1.0x | 0.58-0.3x |
| Asset Turnover | 0.01 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: Shareholder equity is negative (-$1.3M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.87), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Tessera Defense & Homeland Ranks
Frequently Asked Questions
What is Tessera Defense & Homeland's free cash flow?
Tessera Defense & Homeland (HLSQ) recorded an outflow of $26.4M in free cash flow during fiscal year 2025. This represents a 28.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Tessera Defense & Homeland's operating cash flow?
Tessera Defense & Homeland (HLSQ) recorded an outflow of $26.4M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Tessera Defense & Homeland's total assets?
Tessera Defense & Homeland (HLSQ) had $5.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Tessera Defense & Homeland's capital expenditures?
Tessera Defense & Homeland (HLSQ) invested $2K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Tessera Defense & Homeland spend on research and development?
Tessera Defense & Homeland (HLSQ) invested $21.3M in research and development during fiscal year 2025.
What is Tessera Defense & Homeland's current ratio?
Tessera Defense & Homeland (HLSQ) had a current ratio of 0.87 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
Why is Tessera Defense & Homeland's debt-to-equity ratio negative or not reported?
Tessera Defense & Homeland (HLSQ) has negative shareholder equity of -$1.3M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.