Symbols / TLS
TLS Chart
About
Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions in the United States and internationally. It operates through two segments: Security Solutions and Secure Networks. The company offers Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services. It also provides Telos Automated Message Handling System, a web-based organizational message distribution and management for mission-critical communications used by military field operatives. In addition, the company offers IDTrust360, an enterprise digital trusted identity risk platform for extending flexible hybrid cloud identity services; and ONYX, a mobile touchless fingerprint software development kit, enables secure biometric authentication by leveraging standard smartphone cameras to capture and process fingerprint images without physical contact. Further, the company provides secure mobility solutions that enable remote work and minimize operational and security concerns across and beyond the enterprise; network management and defense services for operating, administrating, and defending complex enterprise networks and services for defensive cyber operations; and operates TSA PreCheck enrollment centers. It serves the United States federal government, large commercial businesses, state and local governments, and international customers. Telos Corporation was founded in 1968 and is headquartered in Ashburn, Virginia.
Fundamentals
Scroll to Statements| Sector | Technology | Industry | Software - Infrastructur | Market Cap | 284.93M |
| Enterprise Value | 235.71M | Income | -29.57M | Sales | 144.40M |
| Book/sh | 1.66 | Cash/sh | 0.80 | Dividend Yield | — |
| Payout | 0.00% | Employees | 504 | IPO | — |
| P/E | — | Forward P/E | 40.67 | PEG | — |
| P/S | 1.97 | P/B | 2.33 | P/C | — |
| EV/EBITDA | -8.53 | EV/Sales | 1.63 | Quick Ratio | 2.13 |
| Current Ratio | 2.76 | Debt/Eq | 7.18 | LT Debt/Eq | — |
| EPS (ttm) | -0.41 | EPS next Y | 0.10 | EPS Growth | — |
| Revenue Growth | 116.30% | Earnings | 2026-03-09 | ROA | -11.86% |
| ROE | -23.73% | ROIC | — | Gross Margin | 43.21% |
| Oper. Margin | -4.80% | Profit Margin | -20.47% | Shs Outstand | 73.75M |
| Shs Float | 52.62M | Short Float | 2.45% | Short Ratio | 1.85 |
| Short Interest | — | 52W High | 8.36 | 52W Low | 1.83 |
| Beta | 0.98 | Avg Volume | 839.90K | Volume | 194.02K |
| Target Price | $8.70 | Recom | None | Prev Close | $3.88 |
| Price | $3.86 | Change | -0.43% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$8.70
Mean price target
2. Current target
$3.86
Latest analyst target
3. DCF / Fair value
$1.29
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.86
Low
$7.50
High
$10.00
Mean
$8.70
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2025-11-11 | main | DA Davidson | Neutral → Neutral | $8 |
| 2025-11-11 | reit | B. Riley Securities | Buy → Buy | $9 |
| 2025-11-11 | main | Wedbush | Outperform → Outperform | $10 |
| 2025-10-20 | main | Wedbush | Outperform → Outperform | $9 |
| 2025-08-12 | main | DA Davidson | Neutral → Neutral | $4 |
| 2025-08-12 | main | BMO Capital | Market Perform → Market Perform | $5 |
| 2025-08-12 | main | Wedbush | Outperform → Outperform | $6 |
| 2025-05-12 | main | BMO Capital | Market Perform → Market Perform | $2 |
| 2025-03-12 | reit | Needham | Hold → Hold | — |
| 2025-03-11 | main | BMO Capital | Market Perform → Market Perform | $3 |
| 2025-03-11 | main | DA Davidson | Neutral → Neutral | $3 |
| 2025-03-11 | reit | Wedbush | Outperform → Outperform | $6 |
| 2024-11-13 | main | BMO Capital | Market Perform → Market Perform | $5 |
| 2024-08-29 | reit | B. Riley Securities | Buy → Buy | $5 |
| 2024-08-21 | main | B. Riley Securities | Buy → Buy | $5 |
| 2024-08-13 | main | BMO Capital | Market Perform → Market Perform | $3 |
| 2024-08-12 | main | DA Davidson | Neutral → Neutral | $3 |
| 2024-08-12 | main | B. Riley Securities | Buy → Buy | $4 |
| 2024-08-12 | reit | Needham | — → Hold | — |
| 2024-06-24 | reit | Needham | — → Hold | — |
News
RSS: Latest TLS news- TLS.AX Stock Today: Profit Beat, Bigger Buyback Lift Shares — February 21 - Meyka Fri, 20 Feb 2026 19
- Market Cool On Telos Corporation's (NASDAQ:TLS) Revenues Pushing Shares 25% Lower - simplywall.st Fri, 13 Feb 2026 08
- Telos (TLS) Upgraded to Buy: Here's What You Should Know - Yahoo Finance Mon, 13 Oct 2025 07
- $TLS stock is up 7% today. Here's what we see in our data. - Quiver Quantitative Fri, 17 Oct 2025 07
- Acuitas Investments LLC Increases Stake in Telos Corporation $TLS - MarketBeat Fri, 30 Jan 2026 08
- Telos: Rapid Growth Surge And Still Under-Recognized In The Market (NASDAQ:TLS) - Seeking Alpha Wed, 28 Jan 2026 08
- Would You Still Hold Telos Stock If It Fell Another 30%? - Trefis Sat, 03 Jan 2026 08
- Wall Street Bullish on Telos Corporation (TLS) Amid Improving Financials, Price Target Raised - Yahoo Finance Sun, 07 Dec 2025 08
- Telos: Security Solutions And Telos ID Drive The Path To Profitability (NASDAQ:TLS) - Seeking Alpha Sat, 24 Jan 2026 08
- Need To Know: Analysts Are Much More Bullish On Telos Corporation (NASDAQ:TLS) Revenues - Yahoo Finance Wed, 20 Aug 2025 07
- Telos Corporation Reports Third Quarter 2025 Financial Results and Hosts Live Webcast | TLS Stock News - Quiver Quantitative Mon, 10 Nov 2025 08
- Telos Corporation (TLS) Beats Q3 Earnings and Revenue Estimates - Yahoo Finance Mon, 10 Nov 2025 08
- Telos Corporation Awarded $151 Billion Contract for Missile Defense Agency SHIELD Program - Quiver Quantitative Fri, 19 Dec 2025 08
- Telos Corporation (TLS) Reports Q2 Loss, Tops Revenue Estimates - Yahoo Finance Mon, 11 Aug 2025 07
- Insider Sale: Director at $TLS Sells 81,947 Shares - Quiver Quantitative Fri, 28 Nov 2025 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 17051 | — | — | Stock Award(Grant) at price 0.00 per share. | HILL DONNA K. | Officer | — | 2026-02-02 00:00:00 | D |
| 1 | 18806 | — | — | Stock Award(Grant) at price 0.00 per share. | COOKE MALCOLM G. | Chief Technology Officer | — | 2026-02-02 00:00:00 | D |
| 2 | 967256 | — | — | Stock Award(Grant) at price 0.00 per share. | WOOD JOHN B. | Chief Executive Officer | — | 2026-02-02 00:00:00 | D |
| 3 | 379920 | — | — | Stock Award(Grant) at price 0.00 per share. | GRIFFIN MARK D | Officer | — | 2026-02-02 00:00:00 | D |
| 4 | 483018 | — | — | Stock Award(Grant) at price 0.00 per share. | BENDZA GARY MARK | Chief Financial Officer | — | 2026-02-02 00:00:00 | D |
| 5 | 270386 | — | — | Stock Award(Grant) at price 0.00 per share. | ROBBINS EDWARD HUTCHINSON JR | General Counsel | — | 2026-02-02 00:00:00 | D |
| 6 | 22239 | 133879.0 | — | Sale at price 6.02 per share. | SCHAUFELD FREDRICK | Director | — | 2025-12-12 00:00:00 | I |
| 7 | 60000 | — | — | Stock Gift at price 0.00 per share. | SCHAUFELD FREDRICK | Director | — | 2025-12-12 00:00:00 | I |
| 8 | 242337 | 1500066.0 | — | Sale at price 6.19 per share. | BENDZA GARY MARK | Chief Financial Officer | — | 2025-12-11 00:00:00 | D |
| 9 | 105000 | — | — | Stock Gift at price 0.00 per share. | SCHAUFELD FREDRICK | Director | — | 2025-12-10 00:00:00 | D/I |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -1.34M | -102.27K | 0.00 | 0.00 |
| TaxRateForCalcs | 0.21 | 0.21 | 0.21 | 0.00 |
| NormalizedEBITDA | -33.61M | -24.17M | -46.61M | -36.76M |
| TotalUnusualItems | -6.37M | -487.00K | ||
| TotalUnusualItemsExcludingGoodwill | -6.37M | -487.00K | ||
| NetIncomeFromContinuingOperationNetMinorityInterest | -52.52M | -34.42M | -53.43M | -43.13M |
| ReconciledDepreciation | 11.87M | 8.94M | 5.89M | 5.62M |
| ReconciledCostOfRevenue | 73.84M | 92.44M | 137.84M | 156.40M |
| EBITDA | -39.98M | -24.66M | -46.61M | -36.76M |
| EBIT | -51.85M | -33.60M | -52.50M | -42.38M |
| NetInterestIncome | -644.00K | -786.00K | -874.00K | -777.00K |
| InterestExpense | 644.00K | 786.00K | 874.00K | 777.00K |
| NormalizedIncome | -47.49M | -34.04M | -53.43M | -43.13M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -52.52M | -34.42M | -53.43M | -43.13M |
| TotalExpenses | 157.77M | 185.21M | 270.74M | 283.90M |
| TotalOperatingIncomeAsReported | -55.87M | -40.31M | -53.85M | -41.46M |
| DilutedAverageShares | 71.85M | 69.26M | 67.56M | 66.37M |
| BasicAverageShares | 71.85M | 69.26M | 67.56M | 66.37M |
| DilutedEPS | -0.73 | -0.50 | -0.79 | -0.65 |
| BasicEPS | -0.73 | -0.50 | -0.79 | -0.65 |
| DilutedNIAvailtoComStockholders | -52.52M | -34.42M | -53.43M | -43.13M |
| NetIncomeCommonStockholders | -52.52M | -34.42M | -53.43M | -43.13M |
| NetIncome | -52.52M | -34.42M | -53.43M | -43.13M |
| MinorityInterests | 0.00 | 0.00 | ||
| NetIncomeIncludingNoncontrollingInterests | -52.52M | -34.42M | -53.43M | -43.13M |
| NetIncomeContinuousOperations | -52.52M | -34.42M | -53.43M | -43.13M |
| TaxProvision | 26.00K | 36.00K | 54.00K | -28.00K |
| PretaxIncome | -52.49M | -34.39M | -53.37M | -43.16M |
| OtherIncomeExpense | -2.35M | 6.23M | 1.35M | -921.00K |
| OtherNonOperatingIncomeExpenses | 4.02M | 6.71M | 1.35M | -921.00K |
| SpecialIncomeCharges | -6.37M | -487.00K | ||
| ImpairmentOfCapitalAssets | 6.37M | 487.00K | ||
| NetNonOperatingInterestIncomeExpense | -644.00K | -786.00K | -874.00K | -777.00K |
| InterestExpenseNonOperating | 644.00K | 786.00K | 874.00K | 777.00K |
| OperatingIncome | -49.50M | -39.83M | -53.85M | -41.46M |
| OperatingExpense | 83.93M | 92.77M | 132.89M | 127.49M |
| ResearchAndDevelopment | 8.44M | 11.76M | 16.92M | 19.10M |
| SellingGeneralAndAdministration | 75.49M | 81.01M | 115.97M | 108.40M |
| SellingAndMarketingExpense | 7.12M | 16.58M | 19.66M | |
| GeneralAndAdministrativeExpense | 75.49M | 81.01M | 99.39M | 88.74M |
| OtherGandA | 75.49M | 81.01M | 99.39M | 88.74M |
| GrossProfit | 34.43M | 52.94M | 79.04M | 86.03M |
| CostOfRevenue | 73.84M | 92.44M | 137.84M | 156.40M |
| TotalRevenue | 108.27M | 145.38M | 216.89M | 242.43M |
| OperatingRevenue | 108.27M | 145.38M | 216.89M | 242.43M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 72.51M | 70.24M | 67.43M | 66.77M |
| ShareIssued | 72.51M | 70.24M | 67.43M | 66.77M |
| TotalDebt | 10.15M | 11.47M | 21.69M | 15.25M |
| TangibleBookValue | 78.81M | 101.47M | 117.02M | 143.13M |
| InvestedCapital | 127.14M | 159.00M | 180.81M | 180.25M |
| WorkingCapital | 69.28M | 100.79M | 122.46M | 140.77M |
| NetTangibleAssets | 78.81M | 101.47M | 117.02M | 143.13M |
| CapitalLeaseObligations | 10.15M | 11.47M | 13.23M | 15.25M |
| CommonStockEquity | 127.14M | 159.00M | 172.35M | 180.25M |
| TotalCapitalization | 127.14M | 159.00M | 179.56M | 180.25M |
| TotalEquityGrossMinorityInterest | 127.14M | 159.00M | 172.35M | 180.25M |
| StockholdersEquity | 127.14M | 159.00M | 172.35M | 180.25M |
| GainsLossesNotAffectingRetainedEarnings | -129.00K | -60.00K | -55.00K | -27.00K |
| OtherEquityAdjustments | -129.00K | -60.00K | -55.00K | -27.00K |
| RetainedEarnings | -327.35M | -274.83M | -240.41M | -186.98M |
| AdditionalPaidInCapital | 454.50M | 433.78M | 412.71M | 367.15M |
| CapitalStock | 111.00K | 109.00K | 106.00K | 105.00K |
| CommonStock | 111.00K | 109.00K | 106.00K | 105.00K |
| TotalLiabilitiesNetMinorityInterest | 31.10M | 49.70M | 65.04M | 65.83M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 8.96M | 10.50M | 19.54M | 14.89M |
| OtherNonCurrentLiabilities | 91.00K | 44.00K | 297.00K | 935.00K |
| NonCurrentDeferredLiabilities | 813.00K | 813.00K | 758.00K | 723.00K |
| NonCurrentDeferredTaxesLiabilities | 813.00K | 813.00K | 758.00K | 723.00K |
| LongTermDebtAndCapitalLeaseObligation | 8.06M | 9.64M | 18.49M | 13.23M |
| LongTermCapitalLeaseObligation | 8.06M | 9.64M | 11.28M | 13.23M |
| LongTermDebt | 7.21M | |||
| CurrentLiabilities | 22.14M | 39.20M | 45.50M | 50.94M |
| OtherCurrentLiabilities | 436.00K | 497.00K | 626.00K | 1.43M |
| CurrentDeferredLiabilities | 6.84M | 6.73M | 6.44M | 6.38M |
| CurrentDeferredRevenue | 6.84M | 6.73M | 6.44M | 6.38M |
| CurrentDebtAndCapitalLeaseObligation | 2.09M | 1.83M | 3.20M | 2.02M |
| CurrentCapitalLeaseObligation | 2.09M | 1.83M | 1.95M | 2.02M |
| CurrentDebt | 1.25M | |||
| OtherCurrentBorrowings | 1.25M | |||
| PensionandOtherPostRetirementBenefitPlansCurrent | 7.61M | 14.57M | 8.39M | 6.56M |
| PayablesAndAccruedExpenses | 5.17M | 15.58M | 26.84M | 34.55M |
| CurrentAccruedExpenses | 866.00K | 1.83M | 4.29M | 1.38M |
| Payables | 4.30M | 13.75M | 22.55M | 33.17M |
| OtherPayable | 3.15M | 5.44M | 9.95M | 25.30M |
| AccountsPayable | 1.15M | 8.31M | 12.61M | 7.87M |
| TotalAssets | 158.24M | 208.70M | 237.40M | 246.08M |
| TotalNonCurrentAssets | 66.82M | 68.71M | 69.43M | 54.37M |
| OtherNonCurrentAssets | 214.00K | 292.00K | 1.14M | 1.25M |
| NonCurrentPrepaidAssets | 4.97M | 593.00K | ||
| InvestmentsAndAdvances | 3.00M | 0.00 | ||
| GoodwillAndOtherIntangibleAssets | 48.33M | 57.54M | 55.34M | 37.12M |
| OtherIntangibleAssets | 30.41M | 39.62M | 37.41M | 19.20M |
| Goodwill | 17.92M | 17.92M | 17.92M | 17.92M |
| NetPPE | 10.30M | 10.29M | 12.96M | 15.99M |
| AccumulatedDepreciation | -16.35M | -15.97M | -14.39M | -12.33M |
| GrossPPE | 26.65M | 26.25M | 27.35M | 28.32M |
| Leases | 3.40M | 3.21M | 3.15M | 2.99M |
| OtherProperties | 6.01M | 6.83M | 8.17M | 9.90M |
| MachineryFurnitureEquipment | 17.24M | 16.21M | 16.03M | 15.42M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 91.42M | 139.99M | 167.96M | 191.71M |
| OtherCurrentAssets | 793.00K | 1.37M | 893.00K | 732.00K |
| PrepaidAssets | 15.09M | 7.52M | 4.82M | 3.33M |
| Inventory | 1.78M | 1.42M | 2.88M | 1.25M |
| InventoriesAdjustmentsAllowances | -133.00K | -759.00K | -765.00K | -861.00K |
| OtherInventories | 1.92M | 2.18M | 3.64M | 2.11M |
| Receivables | 19.17M | 30.42M | 40.07M | 59.84M |
| ReceivablesAdjustmentsAllowances | -56.00K | -283.00K | -134.00K | -116.00K |
| OtherReceivables | 9.16M | 12.61M | 26.55M | 41.37M |
| AccountsReceivable | 10.07M | 18.10M | 13.65M | 18.59M |
| CashCashEquivalentsAndShortTermInvestments | 54.58M | 99.26M | 119.31M | 126.56M |
| CashAndCashEquivalents | 54.58M | 99.26M | 119.31M | 126.56M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -39.70M | -13.89M | 2.79M | -5.91M |
| RepurchaseOfCapitalStock | 0.00 | -139.00K | -11.14M | -1.25M |
| RepaymentOfDebt | -1.73M | -1.59M | -1.46M | -1.34M |
| IssuanceOfDebt | 0.00 | |||
| IssuanceOfCapitalStock | 0.00 | 64.27M | ||
| CapitalExpenditure | -13.76M | -15.48M | -13.72M | -13.17M |
| InterestPaidSupplementalData | 563.00K | 693.00K | 803.00K | 758.00K |
| IncomeTaxPaidSupplementalData | 132.00K | 147.00K | 188.00K | 60.00K |
| EndCashPosition | 54.72M | 99.40M | 119.44M | 126.56M |
| BeginningCashPosition | 99.40M | 119.44M | 126.56M | 106.05M |
| ChangesInCash | -44.68M | -20.04M | -7.12M | 20.52M |
| FinancingCashFlow | -1.98M | -6.15M | -9.91M | 32.35M |
| CashFlowFromContinuingFinancingActivities | -1.98M | -6.15M | -9.91M | 32.35M |
| NetOtherFinancingCharges | -457.00K | -4.42M | 2.69M | -29.33M |
| ProceedsFromStockOptionExercised | 203.00K | 0.00 | ||
| NetPreferredStockIssuance | 0.00 | 0.00 | ||
| PreferredStockPayments | 0.00 | 0.00 | ||
| NetCommonStockIssuance | 0.00 | -139.00K | -11.14M | 63.02M |
| CommonStockPayments | 0.00 | -139.00K | -11.14M | -1.25M |
| CommonStockIssuance | 0.00 | 64.27M | ||
| NetIssuancePaymentsOfDebt | -1.73M | -1.59M | -1.46M | -1.34M |
| NetLongTermDebtIssuance | -1.73M | -1.59M | -1.46M | -1.34M |
| LongTermDebtPayments | -1.73M | -1.59M | -1.46M | -1.34M |
| LongTermDebtIssuance | 0.00 | |||
| InvestingCashFlow | -16.76M | -15.48M | -13.72M | -19.09M |
| CashFlowFromContinuingInvestingActivities | -16.76M | -15.48M | -13.72M | -19.09M |
| NetInvestmentPurchaseAndSale | -3.00M | 0.00 | ||
| PurchaseOfInvestment | -3.00M | 0.00 | ||
| NetBusinessPurchaseAndSale | 0.00 | -5.92M | ||
| PurchaseOfBusiness | 0.00 | -5.92M | ||
| NetIntangiblesPurchaseAndSale | -9.97M | |||
| PurchaseOfIntangibles | -9.97M | |||
| NetPPEPurchaseAndSale | -2.25M | -926.00K | -1.01M | -3.20M |
| PurchaseOfPPE | -2.25M | -926.00K | -1.01M | -3.20M |
| CapitalExpenditureReported | -11.51M | -14.55M | -12.71M | -9.97M |
| OperatingCashFlow | -25.94M | 1.59M | 16.51M | 7.26M |
| CashFlowFromContinuingOperatingActivities | -25.94M | 1.59M | 16.51M | 7.26M |
| ChangeInWorkingCapital | -18.55M | 3.33M | -800.00K | -15.56M |
| ChangeInOtherWorkingCapital | 110.00K | 283.00K | 63.00K | 727.00K |
| ChangeInOtherCurrentLiabilities | -1.20M | -2.63M | 2.10M | -2.60M |
| ChangeInOtherCurrentAssets | 0.00 | -7.12M | 0.00 | |
| ChangeInPayablesAndAccruedExpense | -16.81M | -2.21M | -12.64M | 14.17M |
| ChangeInAccruedExpense | -7.39M | 6.60M | -317.00K | -1.92M |
| ChangeInPayable | -9.42M | -8.82M | -12.32M | 16.09M |
| ChangeInAccountPayable | -9.42M | -8.82M | -12.32M | 16.09M |
| ChangeInPrepaidAssets | -11.46M | -3.06M | -1.25M | -982.00K |
| ChangeInInventory | -471.00K | 1.46M | -1.63M | 2.06M |
| ChangeInReceivables | 11.27M | 9.49M | 19.68M | -28.94M |
| ChangesInAccountReceivables | 11.27M | 9.49M | 19.68M | -28.94M |
| OtherNonCashItems | 70.00K | 71.00K | 48.00K | 19.00K |
| StockBasedCompensation | 21.41M | 24.40M | 64.66M | 60.23M |
| ProvisionandWriteOffofAssets | 88.00K | 152.00K | 99.00K | 7.00K |
| AssetImpairmentCharge | 11.71M | 487.00K | ||
| DeferredTax | 0.00 | 55.00K | 35.00K | 70.00K |
| DeferredIncomeTax | 0.00 | 55.00K | 35.00K | 70.00K |
| DepreciationAmortizationDepletion | 11.87M | 8.94M | 5.89M | 5.62M |
| DepreciationAndAmortization | 11.87M | 8.94M | 5.89M | 5.62M |
| OperatingGainsLosses | -9.00K | -1.43M | 4.00K | 6.00K |
| GainLossOnSaleOfPPE | -9.00K | 2.00K | 4.00K | 6.00K |
| NetIncomeFromContinuingOperations | -52.52M | -34.42M | -53.43M | -43.13M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for TLS
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|