---
schema_version: "secwatch.filing_event.v1"
accession: "0000320121-22-000070"
form_type: "8-K"
ticker: "TLS"
cik: "0000320121"
company_name: "TELOS CORP"
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T22:03:02.717658+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Telos Q1 revenue $50.2M above guidance; gross margin expands to 37.6%

## Summary
- Revenue of $50.2M, above high-end of guidance; gross profit up 30% YoY to $18.9M.
- Gross margin 37.6% vs 26.0% a year ago (+1,160 bps).
- GAAP net loss $(15.0)M (-$0.22 diluted EPS); adjusted EBITDA $1.0M vs $1.5M.
- Cash from operations $0.2M vs -$6.9M; free cash flow -$3.1M vs -$9.5M.
- Reaffirming full year 2022 guidance; launched Telos Advanced Cyber Analytics.

## SEC filing metadata
- accession: 0000320121-22-000070
- form_type: 8-K
- ticker: TLS
- cik: 0000320121
- company_name: TELOS CORP
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320121/000032012122000070/0000320121-22-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320121/000032012122000070/tls-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320121-22-000070
- JSON: https://secwatch.observer/filing/0000320121-22-000070.json
- Plain text: https://secwatch.observer/filing/0000320121-22-000070.txt

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