Filing Flows › Telos (TLS) › Q3 2026
Telos (TLS) Q3 2026 earnings results (third quarter 2026)
8-K filed Nov 9, 2026
Telos (TLS) reported revenue of $55.2M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +16% from the quarter before. Operating margin was 7.4%, net earnings $4.4M (8.0% of revenue).
Telos, Q3 2026: revenue $55.2M (+7% year over year), operating margin 7.4%, net earnings $4.4M, operating cash flow $9.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $55.2M | +16% | +7% |
| Gross profit | $20.9M | +25% | +2% |
| Operating profit | $4.1M | 13× | — |
| Net earnings | $4.4M | +572% | — |
| Operating cash flow | $9.4M | +7% | +3% |
| Free cash flow | $7.4M | — | +12% |
What changed
Revenue was $55.2M in Q3 2026, up 7% year over year and up 16% from the previous quarter. Revenue – Security Solutions was the largest line at 98% of revenue. Revenue – Security Solutions added $7.7M year over year (up 17%), 205% of the total change. Revenue – Secure Networks declined 80%.
Gross margin was 37.9%, down 2.0 points from Q3 2025. Operating profit was $4.1M, a 7.4% margin (up 12.2 points year over year). Operating expenses fell 27% while revenue rose 7%. Net earnings were $4.4M. The effective tax rate was 0.4%.
Operating cash flow was $9.4M (up 3% year over year), 213% of net earnings. Non-cash charges added back $3.5M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $1.5M. After capitalized software development costs ($2.0M) and purchases of property and equipment, net ($86K), free cash flow as the company reports it was $7.4M.
Questions
What was Telos' revenue in the third quarter 2026?
Telos (TLS) reported revenue of $55.2M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +16% from the quarter before.
Was Telos profitable in the third quarter 2026?
Operating profit was $4.1M (7.4% of revenue) and net earnings $4.4M.
Source: Telos 8-K on SEC EDGAR.