Telos (TLS) Cost of Revenue (2010 - 2026)
Telos' (TLS) quarterly Cost of Revenue came in at $31.1 million in Q2 2026, up 29.19% on a YoY basis from $24.0 million in Q2 2025, and up 2.26% quarter-over-quarter from $30.4 million in Q1 2026.
Analysis
Telos (TLS) Cost of Revenue (2010 - 2026) Analysis & Trends
Telos (TLS) has reported Cost of Revenue for 17 consecutive years, with $31.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 29.19% year-over-year to $31.1 million; the trailing twelve-month figure through Jun 2026 stood at $122.7 million (up 55.63% YoY), and the FY2025 full-year result was $103.8 million, up 40.55% from the prior year.
- Cost of Revenue advanced to $31.1 million in Q2 2026 per TLS's latest filing, from $30.4 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $42.6 million in Q3 2022 and bottomed at $15.8 million in Q4 2024.
- Historically, Cost of Revenue has averaged $26.1 million across 5 years, with a median of $25.5 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue slumped 45.66% in 2023, then soared 93.09% in 2025.
- Over 5 years, Cost of Revenue stood at $29.0 million in 2022, then retreated by 7.14% to $27.0 million in 2023, then tumbled by 41.59% to $15.8 million in 2024, then jumped by 93.09% to $30.4 million in 2025, then advanced by 2.08% to $31.1 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $31.1 million, $30.4 million, and $30.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thomson Reuters | 44.45 Bn | 43.40 Bn | - | - |
| 2 | Docusign | 12.44 Bn | 11.66 Bn | 697.87 Mn | 177.87 Mn |
| 3 | Workiva | 4.11 Bn | 3.30 Bn | 205.27 Mn | 50.02 Mn |
| 4 | Vertex | 2.09 Bn | 1.86 Bn | 131.30 Mn | 72.67 Mn |
| 5 | Donnelley Financial Solutions | 1.25 Bn | 1.22 Bn | 148.00 Mn | 76.20 Mn |
| 6 | Clarivate | 1.22 Bn | 1.00 Bn | 401.80 Mn | 185.50 Mn |
| 7 | Legalzoom.Com | 1.03 Bn | 861.57 Mn | 139.93 Mn | 65.36 Mn |
| 8 | Telos | 350.51 Mn | 299.86 Mn | 16.69 Mn | 31.05 Mn |
| 9 | CS Disco | 262.79 Mn | 161.40 Mn | 32.11 Mn | 11.03 Mn |
| 10 | Audioeye | 99.60 Mn | 90.88 Mn | 8.45 Mn | 2.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.05 Mn |
| Mar 31, 2026 | 30.37 Mn |
| Dec 31, 2025 | 30.42 Mn |
| Sep 30, 2025 | 30.90 Mn |
| Jun 30, 2025 | 24.04 Mn |
| Mar 31, 2025 | 18.43 Mn |
| Dec 31, 2024 | 15.75 Mn |
| Sep 30, 2024 | 20.64 Mn |
| Jun 30, 2024 | 18.79 Mn |
| Mar 31, 2024 | 18.66 Mn |
| Dec 31, 2023 | 26.97 Mn |
| Sep 30, 2023 | 23.17 Mn |
| Jun 30, 2023 | 20.55 Mn |
| Mar 31, 2023 | 21.74 Mn |
| Dec 31, 2022 | 29.05 Mn |
| Sep 30, 2022 | 42.65 Mn |
| Jun 30, 2022 | 34.86 Mn |
| Mar 31, 2022 | 31.29 Mn |
| Dec 31, 2021 | 39.90 Mn |
| Sep 30, 2021 | 44.10 Mn |