Telos Corporation
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $47.7M | $47.7M | $46.8M | $51.4M | $36.0M | $30.6M | $26.4M | $23.8M |
| Cost of Revenue | $31.1M | $30.4M | $30.4M | $30.9M | $24.0M | $18.4M | $15.8M | $20.6M |
| Gross Profit | $16.7M | $17.4M | $16.4M | $20.5M | $11.9M | $12.2M | $10.6M | $3.1M |
| Gross Margin | 35.0% | 36.4% | 35.0% | 39.9% | 33.2% | 39.8% | 40.3% | 13.2% |
| Operating Expenses | ||||||||
| Research & Development | $1.3M | $1.4M | $2.1M | $1.9M | $1.5M | $1.6M | $1.4M | $2.4M |
| SG&A Expense | $15.0M | $14.6M | $17.9M | $21.1M | $20.3M | $19.6M | $19.1M | $23.2M |
| Operating Income | $310.0K | $1.5M | $-18.5M | $-2.5M | $-9.9M | $-9.0M | $-9.9M | $-28.9M |
| Operating Margin | 0.6% | 3.0% | -39.6% | -4.8% | -27.5% | -29.5% | -37.6% | -121.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $704.0K | $2.0M | $-17.0M | $-2.1M | $-9.5M | $-8.6M | $-9.4M | $-28.0M |
| Income Tax Expense | $44.0K | $18.0K | $-726.0K | $21.0K | $46.0K | $-4.0K | $-25.0K | $17.0K |
| Net Income | $660.0K | $2.0M | $-16.3M | $-2.1M | $-9.5M | $-8.6M | $-9.3M | $-28.1M |
| Net Margin | 1.4% | 4.2% | -34.9% | -4.1% | -26.5% | -28.1% | -35.4% | -118.0% |
| EPS (Basic) | $0.01 | $0.03 | $-0.22 | $-0.03 | $-0.13 | $-0.12 | $-0.13 | $-0.39 |
| EPS (Diluted) | $0.01 | $0.03 | $-0.22 | $-0.03 | $-0.13 | $-0.12 | $-0.13 | $-0.39 |
| Shares Outstanding (Basic) | 74.9M | 73.8M | 72.9M | 72.6M | 73.2M | 72.7M | 71.9M | 72.3M |
| Shares Outstanding (Diluted) | 77.5M | 77.6M | 72.9M | 72.6M | 73.2M | 72.7M | 71.9M | 72.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |