TELOS CORP Income Statement
TLS|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
TELOS CORP reported $108M in revenue and $53M in net loss for FY2025. Revenue has declined at a 6.5% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 4.02 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $108.3M | $145.4M | $216.9M | $179.9M | $159.2M | $138.0M | $107.7M | $134.9M | $120.6M | $127.6M | $207.4M | $226.1M | $189.9M | $225.8M | $275.7M |
| Cost of Revenue | $73.8M | $92.4M | $137.8M | $117.5M | $106.9M | $85.0M | $67.2M | $91.4M | $90.0M | $102.6M | $168.8M | $171.3M | $142.3M | $178.5M | $230.1M |
| Gross Profit | $34.4M | $52.9M | $79.0M | $62.4M | $52.3M | - | $9.0M | $10.2M | $8.4M | $10.6M | $6.8M | $8.0M | - | $11.9M | - |
| SG&A Expense | $75.5M | $81.0M | $132.9M | $62.1M | $47.3M | $44.0M | $40.2M | $41.3M | $34.3M | $36.6M | $32.5M | $37.1M | $34.9M | $32.3M | $31.9M |
| R&D Expense | $8.4M | $11.8M | $16.9M | $14.2M | $10.6M | $8.8M | $3.2M | $2.6M | $2.1M | $2.2M | $1.7M | $1.2M | $1.0M | $800.0K | - |
| Operating Income | -$55.9M | -$40.3M | -$53.9M | $297.0K | $5.0M | $9.0M | $414.0K | $2.1M | -$3.6M | -$11.6M | $6.1M | $17.7M | $12.7M | $15.0M | $13.7M |
| Interest Expense | - | - | $874.0K | $7.3M | $7.5M | $7.3M | $6.7M | $5.5M | $5.6M | $5.4M | $5.5M | $6.6M | $6.3M | $6.2M | $7.2M |
| Income Tax | $26.0K | $36.0K | $54.0K | -$46.0K | -$104.0K | $31.0K | -$2.8M | $334.0K | $4.3M | -$6.0M | $1.7M | $7.2M | $3.2M | $4.7M | $4.3M |
| Net Income | -$52.5M | -$34.4M | -$53.4M | $1.7M | -$6.4M | -$1.6M | -$5.8M | -$7.2M | -$15.9M | -$12.3M | -$2.6M | $7.4M | $1.5M | $3.0M | $1.3M |
| EPS (Basic) | -$0.73 | -$0.50 | -$0.79 | $0.04 | -$0.17 | -$0.04 | - | - | - | - | - | - | - | - | - |
| EPS (Diluted) | -$0.73 | -$0.50 | -$0.79 | $0.04 | -$0.17 | -$0.04 | - | - | - | - | - | - | - | - | - |
| Shares Outstanding | 72.5M | 70.2M | 67.4M | 66.8M | 64.6M | 64.6M | - | - | - | - | - | - | - | - | - |
| Gross Margin | 31.8% | 36.4% | 36.4% | 34.7% | 32.9% | - | 8.3% | 7.6% | 7.0% | 8.3% | 3.3% | 3.5% | - | 5.3% | - |
| Operating Margin | -51.6% | -27.7% | -24.8% | 0.2% | 3.2% | 6.5% | 0.4% | 1.6% | -3.0% | -9.1% | 2.9% | 7.8% | 6.7% | 6.7% | 5.0% |
| Profit Margin | -48.5% | -23.7% | -24.6% | 0.9% | -4.0% | -1.2% | -5.4% | -5.3% | -13.2% | -9.6% | -1.3% | 3.3% | 0.8% | 1.4% | 0.5% |