Telos (TLS) Research & Development (2020 - 2026)
Telos' (TLS) quarterly Research & Development came in at $1.3 million in Q2 2026, down 11.04% on a YoY basis from $1.5 million in Q2 2025, and down 0.88% quarter-over-quarter from $1.4 million in Q1 2026.
Analysis
Telos (TLS) Research & Development (2020 - 2026) Analysis & Trends
Telos (TLS) has reported Research & Development for 7 consecutive years, with $1.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development fell 11.04% year-over-year to $1.3 million; the trailing twelve-month figure through Jun 2026 stood at $6.7 million (down 3.19% YoY), and the FY2025 full-year result was $7.1 million, down 16.41% from the prior year.
- Research & Development eased to $1.3 million in Q2 2026 per TLS's latest filing, from $1.4 million in the prior quarter.
- Across five years, Research & Development topped out at $5.4 million in Q1 2022 and bottomed at $1.3 million in Q2 2026.
- Historically, Research & Development has averaged $2.6 million across 5 years, with a median of $2.5 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Research & Development sank 59.61% in 2024, then surged 47.79% in 2025.
- Over 5 years, Research & Development stood at $3.5 million in 2022, then retreated by 2.0% to $3.5 million in 2023, then tumbled by 59.61% to $1.4 million in 2024, then soared by 47.79% to $2.1 million in 2025, then tumbled by 35.18% to $1.3 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $1.3 million, $1.4 million, and $2.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thomson Reuters | 44.45 Bn | 43.40 Bn | - | - |
| 2 | Docusign | 12.44 Bn | 11.66 Bn | 697.87 Mn | 313.96 Mn |
| 3 | Workiva | 4.11 Bn | 3.30 Bn | 205.27 Mn | 109.02 Mn |
| 4 | Vertex | 2.09 Bn | 1.86 Bn | 131.30 Mn | 51.90 Mn |
| 5 | Donnelley Financial Solutions | 1.25 Bn | 1.22 Bn | 148.00 Mn | - |
| 6 | Clarivate | 1.22 Bn | 1.00 Bn | 401.80 Mn | - |
| 7 | Legalzoom.Com | 1.03 Bn | 861.57 Mn | 139.93 Mn | 78.85 Mn |
| 8 | Telos | 350.51 Mn | 299.86 Mn | 16.69 Mn | 1.35 Mn |
| 9 | CS Disco | 262.79 Mn | 161.40 Mn | 32.11 Mn | 16.88 Mn |
| 10 | Audioeye | 99.60 Mn | 90.88 Mn | 8.45 Mn | 3.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.35 Mn |
| Mar 31, 2026 | 1.36 Mn |
| Dec 31, 2025 | 2.08 Mn |
| Sep 30, 2025 | 1.90 Mn |
| Jun 30, 2025 | 1.51 Mn |
| Mar 31, 2025 | 1.57 Mn |
| Dec 31, 2024 | 1.40 Mn |
| Sep 30, 2024 | 2.41 Mn |
| Jun 30, 2024 | 1.46 Mn |
| Mar 31, 2024 | 3.17 Mn |
| Dec 31, 2023 | 3.48 Mn |
| Sep 30, 2023 | 2.81 Mn |
| Jun 30, 2023 | 2.65 Mn |
| Mar 31, 2023 | 2.83 Mn |
| Dec 31, 2022 | 3.55 Mn |
| Sep 30, 2022 | 3.98 Mn |
| Jun 30, 2022 | 4.74 Mn |
| Mar 31, 2022 | 5.43 Mn |
| Dec 31, 2021 | 5.42 Mn |
| Sep 30, 2021 | 5.36 Mn |