---
schema_version: "secwatch.filing_event.v1"
accession: "0000320121-25-000010"
form_type: "8-K"
ticker: "TLS"
cik: "0000320121"
company_name: "TELOS CORP"
filed_at: "2025-03-10T23:59:59+00:00"
generated_at: "2026-05-25T02:19:01.788490+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Telos reports Q4 revenue $26.4M, 10.9% sequential growth; guides Q1 7-15% growth

## Summary
- Q4 revenue $26.4M, up 10.9% sequentially; Security Solutions $21.9M (83.1%), Secure Networks $4.5M.
- GAAP gross margin 40.3%; cash gross margin 47.0%, highest since 2020 IPO; full-year cash margin 43.7% (best since 2000).
- GAAP net loss $9.3M; Adjusted EBITDA loss $0.2M, above top end of guidance range.
- Q1 2025 guidance: revenue $28.2-30.2M, Adjusted EBITDA loss $1.8-0.8M, positive cash flow.
- Targeting 500 TSA PreCheck enrollment locations in FY2025 (currently 218).

## SEC filing metadata
- accession: 0000320121-25-000010
- form_type: 8-K
- ticker: TLS
- cik: 0000320121
- company_name: TELOS CORP
- filed_at: 2025-03-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/320121/000032012125000010/0000320121-25-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320121/000032012125000010/tls-20250310.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320121-25-000010
- JSON: https://secwatch.observer/filing/0000320121-25-000010.json
- Plain text: https://secwatch.observer/filing/0000320121-25-000010.txt

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