Firm Fixed-Price was Telos’s largest revenue line in fiscal 2025, bringing in $120.81M of $164.81M (73%).
| Concentration Risk Benchmark | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Firm Fixed-Price | $179.80M | $114.19M | $81.54M | $120.81M | ||||||
| Time-&-Materials | $12.96M | $13.54M | $15.84M | $35.86M | ||||||
| Cost Plus Fixed-Fee | $24.12M | $17.66M | $10.89M | $8.13M | ||||||
| Cost Plus Fixed Fee | — | — | — | — | ||||||
| Contract With Customer In Which Amount Of Consideration Is Based On Cost Plus Fixed Fee | — | — | — | — | ||||||
| Total | $216.89M | $145.38M | $108.27M | $164.81M |
Telos brought in $164.81M from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 52.2% from $108.27M in fiscal 2024. Firm Fixed-Price was the largest at $120.81M (73.3%), ahead of Time-&-Materials at $35.86M (21.8%) and Cost Plus Fixed-Fee at $8.13M (4.9%).
Compared with fiscal 2024, Time-&-Materials grew fastest, up 126.4% to $35.86M, while Cost Plus Fixed-Fee fell the most, down 25.3% to $8.13M. From fiscal 2022 to 2025, combined revenue from these revenue lines fell from $216.89M to $164.81M, a compound annual decline of 8.7%. Firm Fixed-Price's share of the total fell from 82.9% to 73.3%.
Cost Of Sales - Services was Telos’s largest product and service line in fiscal 2025, bringing in $136.54M of $164.81M (83%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2021 | FY 2021 | FY 2021 | FY 2022 | FY 2022 | FY 2022 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost Of Sales - Services | — | — | — | $192.74M | $135.18M | $103.58M | $136.54M | |||||||||
| Revenue – Services | $48.11M | $50.27M | $55.31M | — | — | — | — | |||||||||
| Services | — | — | — | — | — | — | — | |||||||||
| Product | $2.05M | $5.52M | $8.29M | $24.15M | $10.20M | $4.69M | $28.26M | |||||||||
| Products | — | — | — | — | — | — | — | |||||||||
| Total | $50.16M | $55.79M | $63.59M | $216.89M | $145.38M | $108.27M | $164.81M |
Telos brought in $164.81M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 52.2% from $108.27M in fiscal 2024. Cost Of Sales - Services was the largest at $136.54M (82.9%), ahead of Product at $28.26M (17.1%).
Compared with fiscal 2024, Product grew 502.5% to $28.26M and Cost Of Sales - Services grew 31.8% to $136.54M.
Telos stopped reporting Revenue – Services as a separate line after fiscal 2022, when it brought in $55.31M.
Revenues was Telos’s largest segment in fiscal 2025, bringing in $134.84M of $150.04M (90%).
| Segment | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Revenues | — | $77.42M | $76.76M | $134.84M | ||
| Security Solutions | $120.45M | — | — | — | ||
| Impairment Loss On Intangible Assets | — | $67.96M | $31.51M | $15.21M | ||
| Secure Networks | $96.43M | — | — | — | ||
| Total | $216.89M | $145.38M | $108.27M | $150.04M |
Telos brought in $150.04M from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $164.81M it reports by concentration risk benchmark, so these segments do not cover all of its revenue. Revenues was the largest at $134.84M (89.9%), ahead of Impairment Loss On Intangible Assets at $15.21M (10.1%).
Compared with fiscal 2024, Revenues grew 75.7% to $134.84M, while Impairment Loss On Intangible Assets fell 51.7% to $15.21M.
Telos began breaking out Revenues in fiscal 2023 and Impairment Loss On Intangible Assets in fiscal 2023. Telos stopped reporting Security Solutions ($120.45M in fiscal 2022) and Secure Networks ($96.43M in fiscal 2022) as separate segments.
Telos (TLS) reports its revenue by concentration risk benchmark, by product and service and by segment. In fiscal 2025, Firm Fixed-Price was its largest revenue line, bringing in $120.81M (73.3% of the total), followed by Time-&-Materials at $35.86M (21.8%).
Firm Fixed-Price was Telos' largest revenue line in fiscal 2025, bringing in $120.81M, or 73.3% of the $164.81M total across its three revenue lines.
Cost Of Sales - Services was Telos' largest product and service line in fiscal 2025, bringing in $136.54M, or 82.9% of the $164.81M total across its two product and service lines.
Revenues was Telos' largest segment in fiscal 2025, bringing in $134.84M, or 89.9% of the $150.04M total across its two segments.
Among Telos' revenue lines that make up at least 2% of revenue, Time-&-Materials grew fastest in fiscal 2025, up 126.4% from $15.84M to $35.86M.
Every figure comes from Telos' annual financial filings, as reported. Each line keeps the name Telos gives it, and years follow its fiscal calendar.
Telos' revenue by concentration risk benchmark goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.