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Companies / Information Technology / Telos Corporation
TLS

Telos Corporation

Information TechnologyBusiness Services & Software
Ticker TLSASHBURN, VAFiscal year ends DecemberBook value per share $1.20Diluted shares 77.6M

Telos Corporation (Nasdaq: TLS) provides cybersecurity, identity, biometric, secure messaging, and network security solutions and services to U.S. government agencies, commercial organizations, state and local governments, and international customers. Its Security Solutions segment offers the Xacta cyber governance,… From the company’s description.

Over the twelve months to Jun 30, 2026, Telos Corporation reported revenue of $193.71M, up 65.9% from a year earlier, and a net loss of $15.74M. Its operating margin was −9.9%, and operations generated $34.62M in cash. In fiscal 2025, it reported revenue of $164.81M, up 52.2% from fiscal 2024, and a net loss of $36.55M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$164.81MFY2025
+52.2% year over year
Last 12 mo $193.71M
-24.20%FY2025
+27.4 percentage points
Last 12 mo -9.92%
$-36.55MFY2025
+30.4% year over year
Last 12 mo $-15.74M
-22.27%FY2025
+14 percentage points
Last 12 mo -16.85%
Cash & financing
$30.18MFY2025
+216.4% year over year
Last 12 mo $34.62M
$21.27MFY2025
+153.6% year over year
Last 12 mo $25.87M
0.08FY2025
Was 0.07× a year earlier
Last 12 mo 0.07
72.9MFY2025
+1.4% year over year
Last 12 mo 77.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Telos Corporation does

In the company’s own words

Telos Corporation (Nasdaq: TLS) provides cybersecurity, identity, biometric, secure messaging, and network security solutions and services to U.S. government agencies, commercial organizations, state and local governments, and international customers. Its Security Solutions segment offers the Xacta cyber governance, risk and compliance platform, cybersecurity consulting and technical services, Telos AMHS mission-critical messaging, identity verification and biometric services, and TSA PreCheck enrollment; this segment generated 90.8% of fiscal 2025 revenue. Secure Networks provides secure mobility, network management and defense, systems integration, and communications services, accounting for 9.2% of revenue. About 91% of fiscal 2025 revenue came from the U.S. federal government, including defense, intelligence, and civilian agencies. Key offerings include Xacta, IDVetting, ONYX touchless fingerprint technology, and Telos AMHS. Telos had 525 employees as of December 31, 2025. Its website is www.telos.com.

Company details
Sector
Information Technology
Industry (SIC)
Business Services & Software
Headquarters
ASHBURN, VA
Fiscal year end
December
CIK
320121
SIC
7373

Financial performance, year by year

Fiscal 2011–2025 · USD
$-83.01M$5.74M$94.50M$183.26M$272.02M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Telos Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

145
funds hold it
0 of 35
superinvestors hold it
$58.33M
held by funds, at market
17.0%
of shares held by funds

Largest fund holders · Telos Corporation’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
Global X Cybersecurity ETF
BUG · GLOBAL X FUNDS
—of fund net assets
Global X Defense Tech ETF
SHLD · GLOBAL X FUNDS
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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