Telos delivered $51.4 million in revenue for Q3 2025, marking a 116% year-over-year growth, driven by a surge in Security Solutions. Despite a GAAP net loss, the company posted positive adjusted EPS and free cash flow, and raised guidance for the second half of 2025.

Telos Corporation has posted its first quarter 2025 financial results on its investor relations website. The company will host a live webcast to discuss these results.

Telos' Q4 2024 revenue fell 35.8% year-over-year to $26.4 million, mainly due to a reduction in Secure Networks revenue. The company achieved a gross margin of 40.3%, a 6 percentage-point increase from Q4 2023. Despite a GAAP net loss of $9.3 million, adjusted EBITDA improved to a $0.2 million loss from a $3.2 million loss in Q4 2023, reflecting cost optimization efforts. Free cash flow was negative $14.8 million due to increased working capital needs.

Telos Corporation reported an 8% increase in revenue to $52.6 million, or 48% excluding a contract with the U.S. Census Bureau. The company experienced double-digit growth in Xacta, Telos Ghost, and Secure Networks. Gross profit increased 17% to $20.6 million, with gross margin expanding to 39.1%. Telos generated $3.5 million in cash flow from operations and reaffirmed its full-year guidance.

Telos Corporation reported strong first quarter 2021 results, with revenue increasing 43% year-over-year to $55.8 million. The company reaffirmed its full year 2021 revenue guidance of $283 million to $295 million and adjusted EBITDA guidance of $33 million to $36 million.