Every 10-Q that Telos Corporation (TLS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TLS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TLS filings page.
Telos Corporation reported a sharp turnaround for the quarter ended June 30, 2026. Revenue rose to $47.7 million, up 32.7% from a year earlier, driven by 43.7% growth in the Security Solutions segment, particularly from expanded Telos ID programs.
Operating expenses fell 24.9% to $16.4 million, largely from lower stock-based compensation and cost discipline, lifting operating result to a $0.3 million profit from a $9.9 million loss. Net income was $0.7 million, versus a $9.5 million loss, and first-half net income reached $2.7 million.
Cash from operations for the first half increased to $17.5 million, with cash and equivalents at $50.6 million and no borrowings under a $15 million revolver. The company repurchased about 1.0 million shares in the quarter for $4.7 million while maintaining $56.5 million of funded backlog and heavy federal customer concentration.
Telos Corporation reported a strong turnaround in the first quarter of 2026. Revenue rose to $47.7 million from $30.6 million, driven mainly by 78.1% growth in the Security Solutions segment as multiple Telos ID programs expanded. Net income improved from a loss of $8.6 million to a profit of $2.0 million, helped by sharply lower stock-based compensation and disciplined operating costs, which cut operating expenses by 24.9%.
Operating cash flow increased to $8.7 million, or 18.1% of revenue, and Telos ended the quarter with $50.2 million in cash and cash equivalents and working capital of $58.6 million. The company repurchased about 517,000 shares for $2.2 million under its share repurchase program and still has $47.9 million of authorization available.
Telos Corporation (TLS) reported a stronger Q3 2025, with revenue of $51.4 million, up 116% year over year, driven by 154% growth in Security Solutions. Gross margin expanded to 39.9% from 13.2% as prior-year impairment charges rolled off. Operating loss narrowed to $2.5 million from $28.9 million, and net loss improved to $2.1 million from $28.1 million.
Cash remained solid at $59.1 million with no borrowings on a $30 million revolver. Year to date, operating cash flow was $22.2 million. The company repurchased 2.07 million shares for $7.6 million. Federal customers accounted for 92% of quarterly revenue, and firm fixed‑price contracts were 77% of the mix. Funded backlog was $65.5 million, with 97% expected to convert within 12 months. Management highlighted continued expansion of Telos ID programs and noted the ongoing U.S. government shutdown could delay awards and performance even on fully funded work.
Telos reported second-quarter results with total revenue of $35.97 million, up from $28.50 million a year earlier, led by an 81.8% increase in the Security Solutions segment as a major program ramped and product sales rose. Gross profit improved to $11.93 million, but operating losses widened as SG&A and stock-based compensation increased.
The company recorded a net loss of $9.52 million for the quarter and $18.12 million year-to-date. Liquidity strengthened: cash and cash equivalents were $57.0 million, working capital about $64.0 million, and operating cash flow provided $13.06 million for the six months. Funded backlog was $51.7 million (≈95% expected in 12 months). Secure Networks revenue declined sharply and management noted a potential triggering event that could require a goodwill impairment assessment for that reporting unit. The company repurchased 1.488 million shares for $4.0 million and remains in compliance with its undrawn $30.0 million revolver.