Telos Corporation (TLS) — Financial statements
Income statement, balance sheet, and cash flow for Telos Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 165↑52.2% | 108↓25.5% | 145↓33.0% | 217↓10.5% | 242 | |
| Cost of Revenue | 104↑40.6% | 74↓20.1% | 92↓32.9% | 138↓11.9% | 156 | |
| Gross Profit | 61↑77.2% | 34↓35.0% | 53↓33.0% | 79↓8.1% | 86 | |
| Operating Expenses | ||||||
| R&D Expenses | 7↓16.4% | 8↓31.1% | 12↓27.6% | 17↓11.4% | 19 | |
| General & Administrative Expenses | 79↑4.6% | 75↑2.2% | 74↓25.7% | 99↑12.0% | 89 | |
| Selling & Marketing Expenses | 0.00 | 0.00↓100.0% | 7↓57.0% | 17↓15.6% | 20 | |
| SG&A Expenses | 79↑4.6% | 75↓6.8% | 81↓30.1% | 116↑7.0% | 108 | |
| Other Expenses | -0.45↓107.1% | 6 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 86↓5.3% | 90↓3.2% | 93↓29.8% | 133↑4.2% | 127 | |
| Total Costs & Expenses | 189↑15.3% | 164↓11.6% | 186↓31.4% | 271↓4.6% | 284 | |
| Operating Results | ||||||
| Operating Income | -24↑56.2% | -56↓38.6% | -40↑25.1% | -54↓29.9% | -41 | |
| Depreciation & Amortization | 11↓3.5% | 12↑25.9% | 9↑60.1% | 6↑4.7% | 6 | |
| EBITDA | -13↑67.4% | -40↓65.4% | -24↑48.1% | -47↓26.8% | -37 | |
| EBIT | -24↑52.8% | -52↓54.3% | -34↑36.0% | -53↓23.9% | -42 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.55↑14.1% | -0.64↑18.1% | -0.79↑10.1% | -0.87↓12.5% | -0.78 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.55↓14.1% | 0.64↓18.1% | 0.79↓10.1% | 0.87↑12.5% | 0.78 | |
| Non-Operating Income | 0.00↑100.0% | -4↑40.1% | -7↓397.4% | -1↓246.6% | 0.92 | |
| Other Income / Expenses | -13↓477.0% | 3↓43.0% | 6↑1145.6% | 0.48↑128.0% | -2 | |
| Income Before Tax | -37↑29.1% | -52↓52.7% | -34↑35.6% | -53↓23.7% | -43 | |
| Income Tax Expense | -0.66↓2650.0% | 0.03↓27.8% | 0.04↓33.3% | 0.05↑292.9% | -0.03 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -37↑30.4% | -53↓52.6% | -34↑35.6% | -53↓23.9% | -43 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -37↑30.4% | -53↓52.6% | -34↑35.6% | -53↓23.9% | -43 | |
| Bottom-Line Net Income | -37↑30.4% | -53↓52.6% | -34↑35.6% | -53↓23.9% | -43 | |
| EPS (Basic) | -0.50↑31.5% | -0.73↓46.0% | -0.50↑36.7% | -0.79↓21.5% | -0.65 | |
| EPS (Diluted) | -0.50↑31.5% | -0.73↓46.0% | -0.50↑36.7% | -0.79↓21.5% | -0.65 | |
| Weighted Average Shares | 73↑1.4% | 72↑3.7% | 69↑2.5% | 68↑1.8% | 66 | |
| Weighted Average Diluted Shares | 73↑1.4% | 72↑3.7% | 69↑2.5% | 68↑1.8% | 66 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.