Telos (TLS) Operating Expenses (2010 - 2026)
Telos (TLS) posted Operating Expenses of $15.9 million for Q1 2026, down 54.34% quarter-over-quarter from $34.9 million in Q4 2025, and down 24.92% year-on-year from $21.2 million in Q1 2025.
Telos (TLS) Operating Expenses (2010 - 2026) Analysis & Trends
Telos (TLS) has reported Operating Expenses for 17 consecutive years, with $15.9 million the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $15.9 million, down 24.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $95.6 million (up 3.81% YoY), and the FY2025 annual result was $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.
- Over five years, Operating Expenses peaked at $40.7 million in Q1 2022 and troughed at $15.9 million in Q1 2026.
- Average Operating Expenses over 5 years is $26.1 million, with a median of $22.7 million recorded in 2023.
- Year-over-year, Operating Expenses tumbled 44.68% in 2023 and surged 69.7% in 2025.
- Over 5 years, Operating Expenses stood at $36.0 million in 2022, then tumbled by 38.09% to $22.3 million in 2023, then decreased by 7.76% to $20.5 million in 2024, then soared by 69.7% to $34.9 million in 2025, then sank by 54.34% to $15.9 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 13.05 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 662.79 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 1.51 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 979.89 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 905.10 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 517.59 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.08 Bn |
| 10 | Telos | 361.73 Mn | 311.50 Mn | 17.38 Mn | 15.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 35.98 Mn |
| Sep 30, 2022 | 26.69 Mn |
| Jun 30, 2022 | 39.45 Mn |
| Mar 31, 2022 | 40.67 Mn |
| Dec 31, 2021 | 34.41 Mn |
| Sep 30, 2021 | 34.83 Mn |
| Jun 30, 2021 | 34.96 Mn |