Telos Corp
NASDAQ:TLS

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Telos Corp
NASDAQ:TLS
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Price: 5.43 USD -4.32% Market Closed
Market Cap: 400.5m USD

Telos Corp
Investor Relations

Telos Corp. engages in the design and provision of advanced technologies to deliver solutions that empower and protect the world's most demanding enterprises. The company is headquartered in Ashburn, Virginia and currently employs 849 full-time employees. The firm operates through two segments: Security Solutions and Secure Networks. The Security Solutions segment focuses on cybersecurity, cloud and identity solutions through Xacta, Telos Ghost, Automated Message Handling System (AMHS) and Telos ID offerings. The Secure Networks segment provides secure networking architectures and solutions to its customers through secure mobility solutions and network management and defense services. The Secure Networks segment has its capabilities, which include network design, operations, and sustainment; system integration and engineering; network security and compliance; deployable comms; innovation and digital transformation; service desk; defensive cyber operations, and program management. Its customer base consists of the United States (U.S.) federal government, large commercial businesses, state and local governments, and international customers.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 10, 2025
AI Summary
Q3 2025

Major Beat: Telos significantly exceeded both revenue and profit guidance for the third quarter, with 116% year-over-year revenue growth.

Raised Outlook: Management raised second half 2025 guidance for revenue, adjusted EBITDA, and margins due to strong performance.

AI Product Launch: The new Xacta.ai platform launched in October, secured its first enterprise customer, and delivered strong initial efficiency improvements.

TSA PreCheck Milestone: Telos reached its goal of 500 TSA PreCheck enrollment locations ahead of schedule, now operating at national scale.

2026 Growth: Double-digit revenue and adjusted EBITDA growth are forecast for 2026, with at least $180 million in revenue expected from existing programs.

Strong Cash Flow: Cash flow remained robust, enabling further share repurchases in the quarter.

Pipeline Upside: Management highlighted a $5 billion pipeline, with several tens of millions in potential 2026 revenue above current baseline.

Government Shutdown: Some administrative delays and award deferrals due to the federal shutdown, but no cancellations and modest P&L impact.

Key Financials
Revenue
$51.4 million
Gross Margin
39.9%
Cash Gross Margin
44.8%
Adjusted EBITDA
$10.1 million
Adjusted EBITDA Margin
19.6%
Incremental Adjusted EBITDA Margin
51.5%
Operating Cash Flow
$9.1 million
Free Cash Flow
$6.6 million
Free Cash Flow Margin
12.8%
Share Repurchases
$3.6 million (Q3); $7.6 million (YTD)
TSA PreCheck Enrollment Locations
504
Earnings Call Recording
Other Earnings Calls

Management

Mr. John B. Wood
Chairman & CEO
No Bio Available
Mr. G. Mark Bendza
Executive VP & CFO
No Bio Available
Mr. E. Hutchinson Robbins Jr.
Executive VP & General Counsel
No Bio Available
Mr. Mark D. Griffin
Executive Vice President of Security Solutions
No Bio Available
Ms. Victoria A. Harding
Controller, Chief Accounting Officer & Principal Accounting Officer
No Bio Available
Mr. Chace Hatcher
Senior Vice President Technology & Strategy
No Bio Available
Christina Mouzavires
Investor Relations Officer
No Bio Available
Ms. Donna Hill
Vice President of Human Resources
No Bio Available
Mr. Alvin Frank Whitehead
Senior Vice President and General Manager of Secure Communications
No Bio Available
Mr. Ralph M. Buona
Vice President of Corporate Business Development
No Bio Available

Contacts

Address
VIRGINIA
Ashburn
19886 Ashburn Rd
Contacts
+17034716000.0
www.telos.com