TLS
Telos Corporation

Telos CorporationTLS

Technology · Software - Infrastructure
4.03USD
-15.69%
Sep 23, 2026
TLS overview ready
Automating Cyber Risk Management and Compliance for Regulated Customers
Telos is a cyber governance, risk, and compliance automation vendor and federal-security services provider.
Strong narrative exposure
Exposed to the Enterprise Cybersecurity Modernization narrative through Exposure and Vulnerability Management — enabling supplier.
Price action is under distribution
Longer-term context reads early trend, with a near-term setup of reclaim attempt.
Fair valuation
The price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Rapid technological change in cybersecurity.
Market Aug 10Filing Jun 30Price action Aug 9Research Jul 21

Conviction Level

NarrativeHeat8.0ThemeHeat7.7PriceAction10.0Valuation3.5CompanyPosition7.3
Price
Loading price history…

Price Action

Price action is under distribution
Longer-term context reads early trend, with a near-term setup of reclaim attempt.
EntryBreakout + retest

Price broke through the weekly SMA200, then retested it constructively and recovered — a fresh structural entry rather than a chase.

Key Financials

Market Cap
$301.2M
Avg Volume (60D)
611.8K
60 sessions
Revenue Growth YoY
+52.2%
FY2025 vs FY2024
Gross Margin
+36.6%
Trailing twelve months
Operating Margin
-9.9%
Trailing twelve months
Free Cash Flow Yield
+11.2%
P/E
N/M
Market metrics as of Aug 10, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

All three valuation perspectives agree this company is cheap. The published stance is held at fair because operating losses behind the low multiple.
Telos Corporation has a Fair valuation stance because the price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.

Company Research

Thesis
Telos is a cyber governance, risk, and compliance automation vendor and federal-security services provider.
Opportunity
Moderate opportunity
Enterprise and government spending to continuously identify, assess, authorize, and reduce cyber exposure across cloud, hybrid, and mission-critical systems.
Key risk
Rapid technological change in cybersecurity.

Narrative & Theme

Enterprise Cybersecurity Modernization
Part of Exposure and Vulnerability Management, with moderate fit.
TLS has a real but narrower adjacency to the promoted Exposure and Vulnerability Management theme: Xacta directly supports the governance, assessment, continuous-monitoring, and authorization workflows through which federal and regulated organizations manage cyber risk.
Narrative HeatHeating up8.0 / 10
Theme HeatHeating up7.7 / 10

Business & Markets

Technology · Software - Infrastructure
What they do

Telos Corporation provides cyber, cloud, and enterprise security solutions through its two segments, Security Solutions and Secure Networks, serving customers in the U.S. Internationally.

How it earns

The company generates revenue primarily through subscription and project-based services related to cybersecurity platforms and consulting.

Products & services
Xacta cyber risk management platform
Xacta.ai artificial intelligence capability
Risk management framework consulting services
Customers & end markets
Government agencies
Enterprise organizations
Market position

Niche player focused on cybersecurity and compliance solutions with specialized platforms and consulting services.

Demand drivers
Low cyclicality

Driven by ongoing cybersecurity needs and regulatory compliance requirements that are less sensitive to economic cycles.