Telos (TLS) Cost of Revenue (2010 - 2026)
Telos (TLS) posted Cost of Revenue of $30.4 million for Q1 2026, little changed on a QoQ basis from $30.4 million in Q4 2025, and up 64.73% year-over-year from $18.4 million in Q1 2025.
Telos (TLS) Cost of Revenue (2010 - 2026) Analysis & Trends
Telos' Cost of Revenue history runs 17 years deep, the most recent figure standing at $30.4 million for Q1 2026.
- Quarterly Cost of Revenue rose 64.73% year-over-year to $30.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $115.7 million (up 57.19% YoY) and the FY2025 annual result came in at $103.8 million, up 40.55% from the prior year.
- Cost of Revenue was $30.4 million for Q1 2026 at Telos, roughly flat 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.
- A 5-year average of $25.8 million and a median of $24.0 million in 2025 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue plunged 45.66% — and 2025, when it surged 93.09%.
- Telos' 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 retreated by 0.17% to $30.4 million in 2026.
- Business Quant data shows TLS's Cost of Revenue at $30.4 million in Q1 2026, $30.4 million in Q4 2025, and $30.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 26.83 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 71.28 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | - |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 215.80 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 685.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 311.70 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 364.50 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 184.16 Mn |
| 10 | Telos | 336.63 Mn | 286.40 Mn | 17.38 Mn | 30.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.37 Mn |
| Mar 31, 2026 | 30.37 Mn |
| Dec 31, 2025 | 30.42 Mn |
| Dec 31, 2025 | 30.42 Mn |
| Sep 30, 2025 | 30.90 Mn |
| Sep 30, 2025 | 30.90 Mn |
| Jun 30, 2025 | 24.04 Mn |
| Jun 30, 2025 | 24.04 Mn |
| Mar 31, 2025 | 18.43 Mn |
| Mar 31, 2025 | 18.43 Mn |
| Dec 31, 2024 | 15.75 Mn |
| Dec 31, 2024 | 15.75 Mn |
| Sep 30, 2024 | 20.64 Mn |
| Sep 30, 2024 | 20.64 Mn |
| Jun 30, 2024 | 18.79 Mn |
| Jun 30, 2024 | 18.79 Mn |
| Mar 31, 2024 | 18.66 Mn |
| Mar 31, 2024 | 18.66 Mn |
| Dec 31, 2023 | 26.97 Mn |
| Dec 31, 2023 | 26.97 Mn |