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
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 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