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Telos (TLS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Telos
NasdaqGM•Technology•Software - Infrastructure
$4.80-0.07(-0.01%)Market closed
Market Cap
$305.57M
P/S
1.6x
P/B
3.3x

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions in the United States and internationally. It operates through two segments: Security Solutions and Secure Networks. The company offers Xacta, a platform delivering automated cyber risk management and compliance processes for systems based in the cloud, on-premises, and in hybrid environments; Xacta.ai, an artificial intelligence capability at Xacta cyber GRC platform; and risk management framework consulting services, security assessment and compliance, engineering and evaluation, operations, penetration testing, and digital forensics. It also provides Telos Automated Message Handling System, a web-based organizational message distribution and management for mission-critical communications used by military field operatives. In addition, the company offers Telos Identity Solutions, a portfolio of identity solutions that support secure identity verification, biometric enrollment, and trusted identity services for government and commercial customers; TSA PreCheck enrollment services, IDVetting, and Aviation Channeling Services, which provide identity enrollment, FBI background check submission, and biometric services for government agencies, transportation security programs, and regulated industries; and ONYX, a proprietary touchless fingerprint biometric technology designed to enable secure and scalable biometric authentication across mobile and enterprise environments. Further, the company provides secure mobility solutions that enable work off-premise and minimize operational and security concerns across and beyond the enterprise; and network management and defense services for operating, maintaining, and defending complex enterprise networks. It serves the United States federal government, large commercial businesses, state and local governments, and international customers. Telos Corporation was founded in 1968 and is headquartered in Ashburn, Virginia.

C

How this company scores

AverageMetricSide Score: 58/100

Strongest: Growth (21/25); weakest: Balance Sheet & Red Flags (10/25).

Profitability14/25
Growth21/25
Balance Sheet & Red Flags10/25
Cash & Earnings Quality13/25
Strengths
Growing revenueLong cash runwayProfit converts from growthConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 1.6x5y range 0.8x – 8.5x
P/S 1.6x · below its 20-quarter median

Currently below its 20-quarter median.

P/B · 3.3x5y range 1.0x – 11.1x
P/B 3.3x · above its 20-quarter median

Currently above its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 1.6x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume
Market Cap $305.57M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$193.71M
6Q
Q. Revenue
$47.74M
2Q
TTM EBITDA
$-143,000
2Q
TTM Op. Income
$-19.21M
2Q
Q. Op. Income
$310,000
103%
TTM Net Income
$-15.74M
2Q
Q. Net Income
$660,000
107%
EPS
$0.01
108%
Shares Out.
$74.89M
3Q
$193.71M in TTM revenue grew 65.9% YoY, reaching $47.74M last quarter. TTM EBITDA of $-143,000 and TTM operating income of $-19.21M show growth is flowing through to the bottom line. However, net income is negative at $15.74M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 6 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
35.0%
5%
EBITDA Margin
7.7%
137%
Op. Margin
0.6%
102%
Net Margin
1.4%
105%
Op. margin of 0.6% is up 28.1% YoY — cost efficiency is improving. Net margin at 1.4% and gross margin of 35.0% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 102% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
1.6x
3Q
P/B Ratio
3.3x
67%
P/S of 1.6x and P/B of 3.3x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$139.75M
15%
Cash
$50.65M
11%
Long-Term Debt
N/A
Book Value
$93.41M
21%
D/E Ratio
N/A
Debt/EBITDA
0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$8.83M
2Q
TTM Free Cash Flow
$33.74M
6Q
FCF Margin
17.4%
2Q
FCF / Net Income
-2.1
6Q
TTM FCF of $33.74M on $8.83M in operating cash flow. The FCF / Net Income ratio of -2.1x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has risen for 6 consecutive quarters — an improving trend.

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Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Share Dilution

Watch

Shares outstanding rose 3.6% — mild dilution. Compare to earnings growth to assess the net per-share impact.