Telos Corp
NASDAQ:TLS
Telos Corp
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.
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.
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.
