Telos (TLS) Gross Margin (2010 - 2026)
Telos' (TLS) quarterly Gross Margin came in at 34.96% in Q2 2026, up 179.0% on a YoY basis from 12.53% in Q2 2025, and down 3.94% quarter-over-quarter from 36.39% in Q1 2026.
Powered by 
Analysis
Telos (TLS) Gross Margin (2010 - 2026) Analysis & Trends
Telos (TLS) has reported Gross Margin for 17 consecutive years, with 34.96% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 179.0% year-over-year to 34.96%; the trailing twelve-month figure through Jun 2026 stood at 36.64% (up 419.0% YoY), and the FY2025 full-year result was 37.02%, up 523.0% from the prior year.
- Gross Margin eased to 34.96% in Q2 2026 per TLS's latest filing, from 36.39% in the prior quarter.
- Across five years, Gross Margin topped out at 40.26% in Q4 2024 and bottomed at 13.22% in Q3 2024.
- Historically, Gross Margin has averaged 35.37% across 5 years, with a median of 36.7% in 2024.
- The sharpest annual moves came in 2024 and 2025: Gross Margin tumbled 2275 bps in 2024, then surged 2672 bps in 2025.
- Over 5 years, Gross Margin stood at 38.65% in 2022, then slipped by 11 bps to 34.31% in 2023, then rose by 17 bps to 40.26% in 2024, then retreated by 13 bps to 34.97% in 2025, then slipped by 0 bps to 34.96% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 34.96%, 36.39%, and 34.97% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thomson Reuters | 44.45 Bn | 43.40 Bn | - | - |
| 2 | Docusign | 12.44 Bn | 11.66 Bn | 697.87 Mn | 79.69% |
| 3 | Workiva | 4.11 Bn | 3.30 Bn | 205.27 Mn | 80.41% |
| 4 | Vertex | 2.09 Bn | 1.86 Bn | 131.30 Mn | 64.37% |
| 5 | Donnelley Financial Solutions | 1.25 Bn | 1.22 Bn | 148.00 Mn | 66.01% |
| 6 | Clarivate | 1.22 Bn | 1.00 Bn | 401.80 Mn | 68.41% |
| 7 | Legalzoom.Com | 1.03 Bn | 861.57 Mn | 139.93 Mn | 68.16% |
| 8 | Telos | 350.51 Mn | 299.86 Mn | 16.69 Mn | 34.96% |
| 9 | CS Disco | 262.79 Mn | 161.40 Mn | 32.11 Mn | 74.43% |
| 10 | Audioeye | 99.60 Mn | 90.88 Mn | 8.45 Mn | 78.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.96% |
| Mar 31, 2026 | 36.39% |
| Dec 31, 2025 | 34.97% |
| Sep 30, 2025 | 39.94% |
| Jun 30, 2025 | 33.17% |
| Mar 31, 2025 | 39.79% |
| Dec 31, 2024 | 40.26% |
| Sep 30, 2024 | 13.22% |
| Jun 30, 2024 | 34.06% |
| Mar 31, 2024 | 37.01% |
| Dec 31, 2023 | 34.31% |
| Sep 30, 2023 | 35.96% |
| Jun 30, 2023 | 37.55% |
| Mar 31, 2023 | 38.28% |
| Dec 31, 2022 | 38.65% |
| Sep 30, 2022 | 32.94% |
| Jun 30, 2022 | 37.51% |
| Mar 31, 2022 | 37.62% |
| Dec 31, 2021 | 37.70% |
| Sep 30, 2021 | 36.06% |