Telos (TLS) Operating Expenses (2010 - 2026)

Telos (TLS) posted Operating Expenses of $15.9 million for Q1 2026, down 54.34% on a QoQ basis from $34.9 million in Q4 2025, and down 24.92% year-over-year from $21.2 million in Q1 2025.

Telos (TLS) Operating Expenses (2010 - 2026) Analysis & Trends

Telos' Operating Expenses history runs 17 years deep, the most recent figure standing at $15.9 million for Q1 2026.

  • Quarterly Operating Expenses fell 24.92% year-over-year to $15.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $95.6 million (up 3.81% YoY) and the FY2025 annual result came in at $100.9 million, up 11.73% from the prior year.
  • Operating Expenses was $15.9 million for Q1 2026 at Telos, down from $34.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $34.9 million in Q4 2025 and bottomed at $15.9 million in Q1 2026.
  • A 5-year average of $24.5 million and a median of $22.7 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses tumbled 32.91% — and 2025, when it soared 69.7%.
  • Telos' Operating Expenses stood at $29.4 million in 2022, then fell by 24.28% to $22.3 million in 2023, then retreated by 7.76% to $20.5 million in 2024, then surged by 69.7% to $34.9 million in 2025, then plunged by 54.34% to $15.9 million in 2026.
  • Business Quant data shows TLS's Operating Expenses at $15.9 million in Q1 2026, $34.9 million in Q4 2025, and $23.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -363.49 Mn
3 Oracle 344.13 Bn 312.24 Bn - 13.05 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 662.79 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 1.51 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 979.89 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 905.10 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 517.59 Mn
10 Telos 336.63 Mn 286.40 Mn 17.38 Mn 15.92 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.92 Mn
Dec 31, 2025 34.87 Mn
Sep 30, 2025 23.01 Mn
Jun 30, 2025 21.82 Mn
Mar 31, 2025 21.20 Mn
Dec 31, 2024 20.55 Mn
Sep 30, 2024 32.01 Mn
Jun 30, 2024 18.35 Mn
Mar 31, 2024 19.40 Mn
Dec 31, 2023 22.27 Mn
Sep 30, 2023 22.71 Mn
Jun 30, 2023 21.83 Mn
Mar 31, 2023 26.45 Mn
Dec 31, 2022 29.41 Mn
Sep 30, 2022 26.69 Mn
Jun 30, 2022 30.22 Mn
Mar 31, 2022 29.81 Mn
Dec 31, 2021 24.72 Mn
Sep 30, 2021 25.10 Mn
Jun 30, 2021 45.05 Mn