Telos 1Q26 adjusted EBITDA swings to USD 7.9 million; revenue rises 56% to USD 47.7 million

TELOS CORPORATION

TELOS CORPORATION

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  • Telos posted 1Q 2026 revenue of $47.7 million, up 56% year over year, swinging to net income of $2 million.
  • Adjusted EBITDA climbed to $7.9 million from $362,000, lifting adjusted EBITDA margin to 16.5% from 1.2%.
  • GAAP gross margin narrowed 3.39 percentage points to 36.4%, while cash gross margin slipped 3.03 percentage points to 42.3%.
  • Security Solutions revenue rose 78% to $46 million, while Secure Networks revenue fell 63% to $1.8 million.
  • Guidance calls for 2Q revenue of $44 million-$46 million, up 22% to 28% year over year, with adjusted EBITDA of $5 million-$6 million; full-year outlook maintained at $187 million-$200 million of revenue with adjusted EBITDA of $20.6 million-$28 million.


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