Telos Corp
NASDAQ:TLS
Income Statement
Earnings Waterfall
Telos Corp
Revenue
|
145.4m
USD
|
Cost of Revenue
|
-92.4m
USD
|
Gross Profit
|
52.9m
USD
|
Operating Expenses
|
-92.8m
USD
|
Operating Income
|
-39.8m
USD
|
Other Expenses
|
5.4m
USD
|
Net Income
|
-34.4m
USD
|
Income Statement
Telos Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
207
N/A
|
190
-8%
|
164
-14%
|
153
-7%
|
128
-17%
|
125
-2%
|
128
+2%
|
124
-4%
|
121
-2%
|
120
-1%
|
114
-4%
|
136
+19%
|
135
-1%
|
131
-3%
|
125
-4%
|
99
-21%
|
108
+9%
|
117
+9%
|
131
+12%
|
137
+5%
|
138
+0%
|
137
-1%
|
138
+1%
|
149
+8%
|
159
+7%
|
167
+5%
|
180
+8%
|
182
+1%
|
180
-1%
|
197
+9%
|
202
+3%
|
223
+11%
|
242
+9%
|
237
-2%
|
239
+1%
|
234
-2%
|
217
-7%
|
202
-7%
|
179
-11%
|
152
-15%
|
145
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(169)
|
(153)
|
(130)
|
(121)
|
(103)
|
(100)
|
(101)
|
(95)
|
(90)
|
(85)
|
(78)
|
(93)
|
(91)
|
(90)
|
(86)
|
(65)
|
(67)
|
(75)
|
(84)
|
(83)
|
(85)
|
(85)
|
(88)
|
(99)
|
(107)
|
(111)
|
(116)
|
(118)
|
(118)
|
(132)
|
(132)
|
(145)
|
(156)
|
(146)
|
(150)
|
(149)
|
(138)
|
(128)
|
(114)
|
(95)
|
(92)
|
|
Gross Profit |
39
N/A
|
37
-4%
|
34
-9%
|
32
-4%
|
25
-22%
|
25
+1%
|
27
+7%
|
28
+4%
|
31
+9%
|
34
+12%
|
37
+7%
|
43
+16%
|
43
+2%
|
41
-5%
|
39
-5%
|
34
-13%
|
41
+20%
|
42
+4%
|
47
+11%
|
54
+15%
|
53
-2%
|
52
-2%
|
50
-4%
|
50
+0%
|
52
+5%
|
56
+6%
|
63
+14%
|
63
+0%
|
62
-2%
|
65
+3%
|
69
+8%
|
78
+12%
|
86
+11%
|
90
+5%
|
89
-2%
|
85
-4%
|
79
-7%
|
74
-7%
|
65
-12%
|
57
-12%
|
53
-7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(32)
|
(34)
|
(35)
|
(37)
|
(37)
|
(35)
|
(34)
|
(32)
|
(34)
|
(35)
|
(36)
|
(40)
|
(41)
|
(42)
|
(41)
|
(39)
|
(40)
|
(41)
|
(42)
|
(42)
|
(44)
|
(44)
|
(45)
|
(45)
|
(47)
|
(49)
|
(51)
|
(52)
|
(62)
|
(64)
|
(92)
|
(110)
|
(128)
|
(135)
|
(130)
|
(130)
|
(133)
|
(129)
|
(117)
|
(108)
|
(93)
|
|
Selling, General & Administrative |
(32)
|
(34)
|
(35)
|
(37)
|
(37)
|
(35)
|
(34)
|
(32)
|
(32)
|
(35)
|
(36)
|
(40)
|
(39)
|
(42)
|
(41)
|
(39)
|
(40)
|
(41)
|
(42)
|
(42)
|
(44)
|
(44)
|
(45)
|
(45)
|
(47)
|
(49)
|
(51)
|
(52)
|
(48)
|
(74)
|
(96)
|
(109)
|
(108)
|
(114)
|
(110)
|
(111)
|
(116)
|
(114)
|
(103)
|
(97)
|
(81)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
(4)
|
(9)
|
(14)
|
(19)
|
(20)
|
(20)
|
(18)
|
(17)
|
(14)
|
(12)
|
(11)
|
(10)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(2)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
14
|
14
|
14
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
6
N/A
|
3
-46%
|
(2)
N/A
|
(5)
-194%
|
(12)
-131%
|
(10)
+15%
|
(7)
+33%
|
(4)
+41%
|
(4)
+8%
|
(1)
+82%
|
1
N/A
|
3
+449%
|
2
-28%
|
(0)
N/A
|
(2)
-441%
|
(5)
-168%
|
0
N/A
|
2
+300%
|
5
+219%
|
12
+127%
|
9
-22%
|
8
-15%
|
5
-34%
|
4
-15%
|
5
+16%
|
7
+36%
|
12
+81%
|
11
-10%
|
0
-97%
|
0
+40%
|
(22)
N/A
|
(32)
-43%
|
(42)
-31%
|
(44)
-7%
|
(41)
+8%
|
(45)
-9%
|
(54)
-21%
|
(55)
-2%
|
(52)
+6%
|
(51)
+2%
|
(40)
+22%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(5)
|
(4)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
14
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(2)
|
(2)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
1
|
1
|
5
|
7
|
7
|
8
|
|
Pre-Tax Income |
1
N/A
|
(2)
N/A
|
(7)
-264%
|
(10)
-49%
|
(17)
-65%
|
(15)
+11%
|
(12)
+19%
|
(9)
+22%
|
(9)
+2%
|
(6)
+31%
|
(5)
+20%
|
(3)
+48%
|
(3)
-25%
|
(6)
-82%
|
(8)
-28%
|
(11)
-42%
|
(6)
+42%
|
(5)
+18%
|
(2)
+67%
|
5
N/A
|
2
-62%
|
0
-82%
|
(2)
N/A
|
(3)
-48%
|
(2)
+29%
|
(1)
+68%
|
4
N/A
|
3
-28%
|
7
+118%
|
(6)
N/A
|
(27)
-326%
|
(35)
-29%
|
(43)
-24%
|
(45)
-4%
|
(41)
+8%
|
(45)
-8%
|
(53)
-20%
|
(52)
+2%
|
(46)
+12%
|
(46)
0%
|
(34)
+26%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(4)
|
(4)
|
(5)
|
6
|
7
|
6
|
4
|
(4)
|
(5)
|
(5)
|
(6)
|
(0)
|
(1)
|
(1)
|
(1)
|
3
|
3
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Income from Continuing Operations |
(1)
|
(5)
|
(11)
|
(15)
|
(11)
|
(8)
|
(6)
|
(6)
|
(14)
|
(11)
|
(11)
|
(9)
|
(4)
|
(7)
|
(8)
|
(12)
|
(4)
|
(2)
|
1
|
8
|
2
|
1
|
(2)
|
(3)
|
(2)
|
(1)
|
4
|
3
|
7
|
(6)
|
(27)
|
(35)
|
(43)
|
(45)
|
(41)
|
(45)
|
(53)
|
(52)
|
(46)
|
(46)
|
(34)
|
|
Income to Minority Interest |
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(3)
|
(4)
|
(3)
|
(4)
|
(4)
|
(5)
|
(8)
|
(9)
|
(5)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(3)
N/A
|
(7)
-174%
|
(12)
-67%
|
(16)
-37%
|
(12)
+25%
|
(9)
+23%
|
(8)
+20%
|
(8)
-8%
|
(16)
-94%
|
(14)
+12%
|
(14)
+4%
|
(12)
+10%
|
(7)
+41%
|
(9)
-31%
|
(11)
-16%
|
(14)
-27%
|
(6)
+58%
|
(5)
+19%
|
(1)
+70%
|
6
N/A
|
(2)
N/A
|
(3)
-92%
|
(5)
-54%
|
(7)
-40%
|
(6)
+3%
|
(5)
+18%
|
(3)
+38%
|
(6)
-75%
|
2
N/A
|
(11)
N/A
|
(29)
-165%
|
(34)
-17%
|
(43)
-28%
|
(45)
-4%
|
(41)
+8%
|
(45)
-8%
|
(53)
-19%
|
(52)
+2%
|
(46)
+12%
|
(46)
0%
|
(34)
+26%
|
|
EPS (Diluted) |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
-0.31
N/A
|
-0.3
+3%
|
-0.27
+10%
|
-0.16
+41%
|
-0.21
-31%
|
-0.25
-19%
|
-0.32
-28%
|
-0.13
+59%
|
-0.11
+15%
|
-0.03
+73%
|
0.13
N/A
|
-0.04
N/A
|
-0.08
-100%
|
-0.12
-50%
|
-0.16
-33%
|
-0.14
+13%
|
-0.12
+14%
|
-0.07
+42%
|
-0.13
-86%
|
0.04
N/A
|
-0.17
N/A
|
-0.44
-159%
|
-0.51
-16%
|
-0.65
-27%
|
-0.67
-3%
|
-0.62
+7%
|
-0.67
-8%
|
-0.79
-18%
|
-0.78
+1%
|
-0.66
+15%
|
-0.68
-3%
|
-0.5
+26%
|