Highest-materiality recent filing
Telos Q1: Revenue up 56% to $47.7M, net income $2.0M, Adj EBITDA $7.9M; reaffirms FY outlook
Revenue grew 56% YoY to $47.7M; Security Solutions up 78% driven by Telos ID.
Telos CEO John B. Wood takes medical leave; Q1 revenue expected above guidance high-end
CEO John B. Wood began medical leave April 28, 2026; duration uncertain.
Telos Q4 revenue $46.8M (+77% YoY); Adj EBITDA $7.3M; FY guide 14-21% growth
Revenue $46.8M, up 77% YoY; Security Solutions grew 105% from Telos ID programs.
Telos Q3 revenue $51.4M (+116% YoY), beats guidance; raises full-year outlook
Revenue $51.4M, up 116% YoY, exceeding guidance on Telos ID strength and stronger Q3 weighting.
Telos Q2 revenue $36.0M (+26% YoY); Security Solutions up 82%; guides Q3 $44-47M revenue
Revenue $36.0M (+26.2% YoY); Security Solutions $32.5M (+81.8%); GAAP net loss $9.5M.
Telos Q1 revenue $30.6M (+16% seq); GAAP net loss $8.6M; Adj EBITDA $0.4M
Revenue $30.6M, up 16.1% sequentially; Security Solutions $25.8M (84.3%), Secure Networks $4.8M.
Telos reports Q4 revenue $26.4M, 10.9% sequential growth; guides Q1 7-15% growth
Q4 revenue $26.4M, up 10.9% sequentially; Security Solutions $21.9M (83.1%), Secure Networks $4.5M.
Telos announces protest denied on $40M CISA award; stop-work order lifted
CISA denied protest on award worth up to $40M to Telos Security Solutions over 5 years; Stop-Work Order lifted Jan 6, 2025.
Telos Q3 revenue falls to $23.8M, GAAP net loss $28.1M; guides Q4 rev up 3-11% sequentially
Revenue $23.8M, down 34% YoY from $36.2M; GAAP net loss $28.1M vs $8.7M loss YoY.
Telos announces $485M government award protest withdrawn, stop-work order lifted
Protester withdrew protest on an award worth up to $485M to Telos over five years.
Telos Q2 revenue $28.5M above guidance; cash gross margin expands to 42.0%
Revenue $28.5M, down 13% YoY from $32.9M; net loss $7.8M vs $8.0M loss YoY.
Telos Q1 revenue $29.6M (above guidance), GAAP net loss $7.4M narrows YoY
Revenue $29.6M, down 16% YoY from $35.2M; beat high end of guided range.
Telos reports Q4 revenue $41.1M, full-year $145.4M; secures awards worth up to $525M over five years
Q4 revenue $41.1M (down from $47.3M but above expectations); GAAP net loss $(7.0)M vs $(14.2)M prior year.
Telos Q3 revenue $36.2M, beats guidance; raises full-year outlook on all metrics
Revenue $36.2M, above high end of guidance; down 43% YoY from $63.6M.
Telos named TSA's second official PreCheck enrollment provider; begins at 10 locations
Telos Corporation becomes second official TSA PreCheck enrollment and renewal provider, starting at 10 locations.
Telos Q2 revenue $32.9M; GAAP net loss improves 43% YoY; raises full-year guidance
Revenue $32.9M (down 41% YoY from $55.8M) but above high end of guidance.
Telos Q1 revenue falls 30% to $35.2M; net loss improves 35%; reaffirms FY guidance
Revenue of $35.2M, down from $50.2M YoY; gross margin expanded 66 bps to 38.3%.
Telos Q4 revenue $47.3M, GAAP net loss $14.2M; forecasts lower 2023 revenue
Q4 revenue $47.3M vs $64.1M YoY; gross margin 38.6% (+95 bps).
Telos Q3 revenue $63.6M beats guidance; lowers FY2022 outlook on Secure Networks; EVP retiring
Q3 revenue $63.6M (above guidance high); GAAP net loss $7.3M; adjusted EBITDA $8.6M (above guidance).
TSA grants Telos authority to operate PreCheck enrollment system; trial period begins
TSA issued an Authority to Operate to Telos for its PreCheck system on October 18, 2022.
Telos Q2 revenue $55.8M above guidance; GAAP net loss $12.3M; starts share repurchases
Revenue $55.8M, above high end of guidance; gross margin 37.5%, also above guidance range.
Telos authorizes $50M share repurchase program; cash position $120.2M
Board authorized up to $50M in common stock repurchases, no expiration date.
Telos Q1 revenue $50.2M above guidance; gross margin expands to 37.6%
Revenue of $50.2M, above high-end of guidance; gross profit up 30% YoY to $18.9M.
Telos Q4 revenue $64.1M (+43% YoY); delays 10-K filing due to internal controls
Q4 revenue $64.1M (+43% YoY), gross margin 37.7% (+196 bps). GAAP EPS $(0.08), adjusted EPS $0.11.
Telos delays 10-K filing, identifies material weaknesses in internal controls
10-K filing delayed due to year-end closing and internal control assessment slowdown.
Telos Q3 revenue $70.1M (+48% YoY); record gross profit; raises FY guidance
Revenue $70.1M, up 48% reported, 80% adjusted excluding Census contract; driven by Xacta, Telos ID, Secure Networks.
Telos Q2 revenue up 8% to $52.6M; gross margin expands 290 bps; reaffirms FY guidance
Revenue $52.6M (+8% YoY; +48% excluding US Census contract); gross profit $20.6M (+17%), margin 39.1%.
Telos appoints Mark Bendza as CFO, replacing Michele Nakazawa who will retire
Mark Bendza named EVP and CFO effective July 19, 2021; succeeds Michele Nakazawa after 17 years.
Mark Griffin, Executive Vice President, Security Solutions, Mark Bendza, Executive Vice President and Chief Financial Officer, and Hutch Robbins, Executive Vice President and General Counsel, have ceased exercising the responsibilities of the Chief Executive Officer on an interim basis
Mark Griffin, Executive Vice President, Security Solutions, Mark Bendza, Executive Vice President and Chief Financial Officer, and Hutch Robbins, Executive Vice President and General Counsel, have ceased exercising the responsibilities of the Chief Executive Officer on an interim basis
Fred Schaufeld has ceased serving as Chairman of the Board on an interim basis, with Mr. Wood resuming as Chairman.
Mark Griffin, Executive Vice President, Security Solutions, Mark Bendza, Executive Vice President and Chief Financial Officer, and Hutch Robbins, Executive Vice President and General Counsel, have ceased exercising the responsibilities of the Chief Executive Officer on an interim basis
Effective May 28, 2026, John B. Wood, President, Chief Executive Officer and Chairman of the Board of Telos Corporation (the “Company”), has returned from his medical leave of absence and has resumed his full duties and responsibilities.
Mark Griffin, Executive Vice President, Security Solutions, Mark Bendza, Executive Vice President and Chief Financial Officer, and Hutch Robbins, Executive Vice President and General Counsel, under the oversight of and reporting to the Company’s Board of Directors, have assumed the responsibilities of the Chief Executive Officer on an interim basis.
Mark Griffin, Executive Vice President, Security Solutions, Mark Bendza, Executive Vice President and Chief Financial Officer, and Hutch Robbins, Executive Vice President and General Counsel, under the oversight of and reporting to the Company’s Board of Directors, have assumed the responsibilities of the Chief Executive Officer on an interim basis.
Mark Griffin, Executive Vice President, Security Solutions, Mark Bendza, Executive Vice President and Chief Financial Officer, and Hutch Robbins, Executive Vice President and General Counsel, under the oversight of and reporting to the Company’s Board of Directors, have assumed the responsibilities of the Chief Executive Officer on an interim basis.
John B. Wood, the Company’s President, Chief Executive Officer and Chairman of the Board, is taking a medical leave of absence.
Fred Schaufeld has been appointed by the Board of Directors to serve as its Chairman on an interim basis effective immediately.
Pending that replacement, Assistant Controller Brian Bienert will assume the role of Interim Controller.
On May 19, 2025, Ms. Victoria Harding notified Telos Corporation (the “Company”) that she is resigning as Controller and Chief Accounting Officer, effective May 30, 2025, to pursue a new professional opportunity.
Max materiality 0.85 · Median 0.60 · Most common event earnings