---
schema_version: "secwatch.filing_event.v1"
accession: "0000320121-21-000040"
form_type: "8-K"
ticker: "TLS"
cik: "0000320121"
company_name: "TELOS CORP"
filed_at: "2021-08-16T23:59:59+00:00"
generated_at: "2026-06-29T10:35:02.542134+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Telos Q2 revenue up 8% to $52.6M; gross margin expands 290 bps; reaffirms FY guidance

## Summary
- Revenue $52.6M (+8% YoY; +48% excluding US Census contract); gross profit $20.6M (+17%), margin 39.1%.
- GAAP net loss $(18.7)M vs $3.1M profit; adjusted net income $2.6M; adjusted EPS $0.04.
- Adjusted EBITDA $4.2M vs $6.4M; generated $3.5M cash from operations vs -$0.9M.
- Double-digit growth in Xacta, Telos Ghost, and Secure Networks; won Air Force task order and expanded IC partnership.
- Reaffirms FY 2021 revenue guidance $283M-$295M and adjusted EBITDA $33M-$36M.

## SEC filing metadata
- accession: 0000320121-21-000040
- form_type: 8-K
- ticker: TLS
- cik: 0000320121
- company_name: TELOS CORP
- filed_at: 2021-08-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320121/000032012121000040/0000320121-21-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320121/000032012121000040/tls-20210816.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320121-21-000040
- JSON: https://secwatch.observer/filing/0000320121-21-000040.json
- Plain text: https://secwatch.observer/filing/0000320121-21-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.