Telos TLS
NASDAQ TLS
$4.66 -0.14 (-2.81%)
As of: Sep 8, 2026 · 3:59 PM EDT

Telos (TLS) Operating Expenses (2010 - 2026)

Telos' (TLS) quarterly Operating Expenses came in at $16.4 million in Q2 2026, down 24.9% on a YoY basis from $21.8 million in Q2 2025, and up 2.9% quarter-over-quarter from $15.9 million in Q1 2026.

Analysis

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

Telos (TLS) has reported Operating Expenses for 17 consecutive years, with $16.4 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 24.9% year-over-year to $16.4 million; the trailing twelve-month figure through Jun 2026 stood at $90.2 million (down 5.64% YoY), and the FY2025 full-year result was $100.9 million, up 11.73% from the prior year.
  • Operating Expenses grew to $16.4 million in Q2 2026 per TLS's latest filing, from $15.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $40.7 million in Q1 2022 and bottomed at $15.9 million in Q1 2026.
  • Historically, Operating Expenses has averaged $26.0 million across 5 years, with a median of $22.5 million in 2023.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses slumped 45.03% in 2023, then jumped 69.7% in 2025.
  • Over 5 years, Operating Expenses stood at $36.5 million in 2022, then tumbled by 38.99% 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 tumbled by 53.01% to $16.4 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $16.4 million, $15.9 million, and $34.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Thomson Reuters 44.45 Bn 43.40 Bn - -1.21 Bn
2 Docusign 12.44 Bn 11.66 Bn 697.87 Mn 580.25 Mn
3 Workiva 4.11 Bn 3.30 Bn 205.27 Mn 193.60 Mn
4 Vertex 2.09 Bn 1.86 Bn 131.30 Mn 135.74 Mn
5 Donnelley Financial Solutions 1.25 Bn 1.22 Bn 148.00 Mn 78.10 Mn
6 Clarivate 1.22 Bn 1.00 Bn 401.80 Mn 787.50 Mn
7 Legalzoom.Com 1.03 Bn 861.57 Mn 139.93 Mn 129.28 Mn
8 Telos 350.51 Mn 299.86 Mn 16.69 Mn 16.38 Mn
9 CS Disco 262.79 Mn 161.40 Mn 32.11 Mn 41.33 Mn
10 Audioeye 99.60 Mn 90.88 Mn 8.45 Mn 9.05 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 16.38 Mn
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 36.51 Mn
Sep 30, 2022 33.71 Mn
Jun 30, 2022 39.71 Mn
Mar 31, 2022 40.67 Mn
Dec 31, 2021 34.98 Mn
Sep 30, 2021 35.33 Mn