secwatch.observer — SEC 8-K summary
======================================

Issuer:     TELOS CORP (TLS)
CIK:        0000320121
Form:       8-K
Filed at:   2026-08-10T13:00:30+00:00
Accession:  0000320121-26-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Telos Q2 revenue up 33% to $47.7M; raises FY Adjusted EBITDA guidance
---------------------------------------------------------------------

- Q2 revenue $47.7M, up 33% YoY; Security Solutions grew 44% on Telos ID program expansion.
- GAAP net income $0.7M (1.4% margin); Adjusted EBITDA $6.9M; Adjusted EBITDA margin expanded to 14.4% from 1.1%.
- Free cash flow $6.6M, up 43% YoY; sixth straight quarter FCF margin above 12.0% (13.9%).
- Repurchased 1.0M+ shares at avg $4.50/share, deploying $4.7M.
- FY Adjusted EBITDA guidance raised to $23.6M-$28.6M from $20.6M-$28.0M; revenue trimmed to $187M-$195M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/320121/000032012126000034/0000320121-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/320121/000032012126000034/tls-20260810.htm
  HTML page:      https://secwatch.observer/filing/0000320121-26-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer