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Telos Corporation

TLSTechnologyNASDAQ

Software - Infrastructure

PriceMA150MA200
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Financials · Annual
Revenue
$164.8M
+52.2% YoY
Net Income
-$36.5M
+30.4% YoY
EBITDA
-$25.2M
+37.0% YoY
Free Cash Flow
$25.0M

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About Telos Corporation

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions in the United States and internationally. The $358.4M market capitalization puts TLS squarely in small-cap range for its industry. It operates through two segments: Security Solutions and Secure Networks.

Key stats
Market Cap$358.4M
Fwd P/E18.42
EPS$-0.35
Beta0.94
52W Change+82.1%
ROE-23.3%
Analysis

The balance sheet looks solid with $50.2M in cash comfortably exceeding the $7.5M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Annual free cash flow of $25.0M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of -23.3% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has pulled back from $216.9M (2022) to $164.8M (2025), a 24% decline worth watching.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Telos Corporation's trajectory.

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