Telos Corporation (TLS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 95.63M | 94.41M | 102.83M | 102.78M | 94.14M | 91.42M | 99.32M | 110.19M | 123.12M | 139.99M | 136.21M | 148.68M | 155.31M | 167.96M | 187.99M | 184.62M | 187.74M | 191.71M | 192.3M | 178.4M |
| Cash & Short-Term Investments | 50.23M | 53.18M | 59.05M | 57M | 57.79M | 54.58M | 69.76M | 80.1M | 93.92M | 99.26M | 99.95M | 103.45M | 112.46M | 119.31M | 125.33M | 122.59M | 120.23M | 126.56M | 134.13M | 131M |
| Cash Only | 50.23M | 53.18M | 59.05M | 57M | 57.79M | 54.58M | 69.76M | 80.1M | 93.92M | 99.26M | 99.95M | 103.45M | 112.46M | 119.31M | 125.33M | 122.59M | 120.23M | 126.56M | 134.13M | 131M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 16.43M | 17M | 20.42M | 19.11M | 18.75M | 19.17M | 14.88M | 17.18M | 18.68M | 30.42M | 25.42M | 34.29M | 34.7M | 40.07M | 50.98M | 50.68M | 57.73M | 59.84M | 49.76M | 39.41M |
| Days Sales Outstanding | 31.51 | 36.8 | 35.34 | 47.89 | 55.74 | 59.4 | 62.01 | 57.25 | 75.43 | 62.57 | 75.91 | 95.38 | 95.53 | 88.47 | 73.53 | 88.41 | 105.48 | 78.72 | 59.46 | 78.01 |
| Inventory | 0 | 0 | 3.38M | 4.18M | 1.49M | 1.78M | 1.41M | 1.37M | 1.47M | 1.42M | 984K | 1.77M | 1.63M | 2.88M | 4.68M | 3.63M | 2.1M | 1.25M | 2.02M | 1.78M |
| Days Inventory Outstanding | - | - | 11.21 | 10.67 | 7.94 | 9.31 | 8.17 | 6.86 | 6.69 | 4.1 | 5.46 | 7.52 | 9.33 | 11.96 | 8.96 | 7.47 | 4.81 | 3.86 | 3.97 | 5.37 |
| Other Current Assets | 28.97M | 24.23M | 19.98M | 6.72M | 834K | 793K | 1.25M | 1.09M | 1.27M | 1.37M | 1.75M | 1.85M | 1.04M | 893K | 930K | 947K | 2.77M | 732K | 941K | 760K |
| Total Non-Current Assets | 44.27M | 45.45M | 61.45M | 62.27M | 63.92M | 66.82M | 67.01M | 72.19M | 72.23M | 68.71M | 68.53M | 68.19M | 65.34M | 69.43M | 59.41M | 57.34M | 56.29M | 54.37M | 50.37M | 41.69M |
| Property, Plant & Equipment | 7.17M | 7.88M | 8.65M | 8.78M | 9.54M | 10.3M | 9.94M | 9.6M | 9.98M | 10.29M | 10.58M | 11.39M | 12.39M | 12.96M | 13.72M | 14.58M | 15.53M | 15.99M | 15.37M | 25.89M |
| Fixed Asset Turnover | 6.34x | 5.66x | 5.90x | 3.93x | 3.09x | 2.61x | 2.43x | 2.91x | 2.92x | 3.94x | 3.29x | 2.77x | 2.78x | 3.55x | 4.49x | 3.71x | 3.18x | 4.08x | 3.34x | 2.10x |
| Goodwill | 3.01M | 3.01M | 17.92M | 17.92M | 17.92M | 17.92M | 17.92M | 17.92M | 17.92M | 17.92M | 17.92M | 17.92M | 17.92M | 17.92M | 17.92M | 17.92M | 17.92M | 17.92M | 16.64M | 14.92M |
| Intangible Assets | 29.81M | 30.28M | 31.25M | 31.57M | 31.16M | 30.41M | 29.63M | 40.72M | 40.53M | 39.62M | 38.98M | 37.81M | 33.8M | 37.41M | 26.86M | 23.78M | 21.61M | 19.2M | 17.1M | 0 |
| Long-Term Investments | 0 | 3.89M | 3M | 3M | 3M | 3M | 0 | 0 | 0 | 136K | 135K | -782K | 133K | 133K | 132K | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4.29M | 391K | 626K | 1M | 2.3M | 5.19M | 9.52M | 3.95M | 3.8M | 749K | 903K | 1.06M | 320K | 246K | 28K | 1.05M | 1.22M | 1.25M | 1.26M | 882K |
| Total Assets | 139.9M | 139.86M | 164.28M | 165.04M | 158.06M | 158.24M | 166.33M | 182.38M | 195.35M | 208.7M | 204.74M | 216.86M | 220.65M | 237.4M | 247.4M | 241.96M | 244.02M | 246.08M | 242.67M | 220.09M |
| Asset Turnover | 0.34x | 0.31x | 0.31x | 0.22x | 0.19x | 0.16x | 0.14x | 0.15x | 0.15x | 0.20x | 0.17x | 0.15x | 0.15x | 0.20x | 0.26x | 0.23x | 0.20x | 0.26x | 0.30x | 0.26x |
| Asset Growth % | -11.49% | -11.61% | -1.23% | -9.51% | -19.09% | -24.18% | -18.76% | -15.9% | -11.47% | -12.09% | -17.24% | -10.37% | -9.58% | -3.53% | 1.95% | 9.93% | 25.63% | 30.55% | 182.72% | 157.75% |
| Total Current Liabilities | 36.98M | 36.78M | 37.27M | 38.73M | 23.53M | 22.14M | 27.29M | 23.16M | 30.38M | 39.2M | 29.58M | 37.83M | 38.85M | 45.5M | 57.41M | 54.2M | 55.05M | 50.94M | 54.41M | 38.66M |
| Accounts Payable | 2.58M | 4.09M | 2.78M | 12.27M | 1.04M | 1.15M | 2.8M | 2.44M | 2.21M | 8.31M | 2.76M | 11.98M | 11.68M | 12.61M | 16.34M | 15.93M | 35.22M | 7.87M | 35.1M | 17.84M |
| Days Payables Outstanding | 9.88 | 10.51 | 22.33 | 25.09 | 5.33 | 11.53 | 15.41 | 11.24 | 24.39 | 18.88 | 29.27 | 52.4 | 50.28 | 45.84 | 34.8 | 66.76 | 61.98 | 50.68 | 55.21 | 40.37 |
| Short-Term Debt | 0 | 2.27M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.92M | 0 | 0 | 1.25M | 0 | 0 | 0 | 0 | 2.03M | 2.06M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 12.95M | 6.75M | 6.84M | 6.78M | 5.78M | 5.99M | 6.73M | 5.78M | 6.14M | 7.2M | 6.44M | 6.95M | 0 | 0 | 6.38M | 7.23M | 5.92M |
| Other Current Liabilities | 34.4M | 30.43M | 32.27M | 9M | 7.91M | 8.04M | 9.75M | 8.61M | 11.89M | 7.77M | 6.54M | 7.84M | 10.18M | 14.86M | 10.91M | 8.91M | 9.12M | 7.99M | 2.09M | 5.03M |
| Current Ratio | 2.59x | 2.57x | 2.76x | 2.65x | 4.00x | 4.13x | 3.64x | 4.76x | 4.05x | 3.57x | 4.60x | 3.93x | 4.00x | 3.69x | 3.27x | 3.41x | 3.41x | 3.76x | 3.53x | 4.61x |
| Quick Ratio | 2.59x | 2.57x | 2.67x | 2.55x | 3.94x | 4.05x | 3.59x | 4.70x | 4.00x | 3.54x | 4.57x | 3.88x | 3.96x | 3.63x | 3.19x | 3.34x | 3.37x | 3.74x | 3.50x | 4.57x |
| Cash Conversion Cycle | - | - | 24.22 | 33.47 | 58.34 | 57.18 | 54.77 | 52.87 | 57.74 | 47.79 | 52.1 | 50.5 | 54.58 | 54.59 | 47.69 | 29.13 | 48.32 | 31.9 | 8.22 | 43.01 |
| Total Non-Current Liabilities | 6.38M | 7.13M | 7.33M | 7.9M | 8.42M | 8.96M | 9.55M | 10.07M | 10.57M | 10.5M | 11.13M | 11.49M | 11.9M | 19.54M | 12.95M | 13.45M | 13.91M | 14.89M | 16.77M | 16.74M |
| Long-Term Debt | 5.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.21M | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 5.79M | 6.38M | 6.96M | 7.51M | 8.06M | 8.6M | 9.13M | 9.64M | 9.64M | 10.03M | 10.41M | 10.83M | 11.28M | 11.77M | 12.26M | 12.73M | 13.23M | 13.73M | 14.23M |
| Deferred Tax Liabilities | 55K | 53K | 854K | 840K | 809K | 813K | 849K | 837K | 825K | 813K | 795K | 782K | 770K | 758K | 748K | 0 | 0 | 723K | 1.64M | 1.54M |
| Other Non-Current Liabilities | 1.12M | 1.28M | 102K | 101K | 95K | 91K | 106K | 107K | 106K | 44K | 309K | 303K | 301K | 297K | 436K | 1.19M | 1.18M | 935K | 1.39M | 964K |
| Total Liabilities | 43.36M | 43.91M | 44.61M | 46.63M | 31.95M | 31.1M | 36.85M | 33.23M | 40.96M | 49.7M | 40.72M | 49.32M | 50.76M | 65.04M | 70.37M | 67.65M | 68.96M | 65.83M | 71.18M | 55.39M |
| Total Debt | 5.2M | 8.06M | 8.6M | 9.13M | 9.64M | 10.15M | 10.64M | 11.13M | 11.6M | 11.47M | 11.95M | 12.42M | 12.95M | 21.69M | 13.73M | 14.23M | 14.74M | 15.25M | 15.77M | 16.29M |
| Net Debt | -45.03M | -45.12M | -50.45M | -47.87M | -48.15M | -44.43M | -59.12M | -68.97M | -82.31M | -87.79M | -88M | -91.03M | -99.51M | -97.62M | -111.6M | -108.36M | -105.49M | -111.31M | -118.37M | -114.71M |
| Debt / Equity | 0.05x | 0.08x | 0.07x | 0.08x | 0.08x | 0.08x | 0.08x | 0.07x | 0.08x | 0.07x | 0.07x | 0.07x | 0.08x | 0.13x | 0.08x | 0.08x | 0.08x | 0.08x | 0.09x | 0.10x |
| Debt / EBITDA | 1.07x | 24.35x | 12.13x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -9.22x | -136.32x | -71.16x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | 13.11x | -24.02x | -18.15x | -70.09x | -61.37x | -60.55x | -177.59x | -47.38x | -41.06x | -39.07x | -47.59x | -42.49x | -42.06x | -58.79x | -45.67x | -74.43x | -86.08x | -21.03x | -25.99x | -90.83x |
| Total Equity | 96.53M | 95.95M | 119.67M | 118.41M | 126.11M | 127.14M | 129.48M | 149.15M | 154.4M | 159M | 164.02M | 167.54M | 169.9M | 172.35M | 177.03M | 174.31M | 175.06M | 180.25M | 171.49M | 164.7M |
| Equity Growth % | -23.46% | -24.53% | -7.57% | -20.61% | -18.32% | -20.04% | -21.06% | -10.97% | -9.12% | -7.75% | -7.35% | -3.89% | -2.95% | -4.38% | 3.23% | 5.84% | 38.98% | 41.82% | 228.16% | 221.09% |
| Book Value per Share | 1.24 | 1.31 | 1.64 | 1.62 | 1.73 | 1.76 | 1.79 | 2.07 | 2.19 | 2.28 | 2.36 | 2.41 | 2.49 | 2.56 | 2.62 | 2.57 | 2.59 | 2.70 | 2.57 | 2.47 |
| Total Shareholders' Equity | 96.53M | 95.95M | 119.67M | 118.41M | 126.11M | 127.14M | 129.48M | 149.15M | 154.4M | 159M | 164.02M | 167.54M | 169.9M | 172.35M | 177.03M | 174.31M | 175.06M | 180.25M | 171.49M | 164.7M |
| Common Stock | 113K | 111K | 111K | 111K | 112K | 111K | 111K | 111K | 110K | 109K | 108K | 108K | 108K | 106K | 106K | 106K | 106K | 105K | 105K | 105K |
| Retained Earnings | -361.87M | -363.89M | -347.58M | -345.47M | -335.95M | -327.35M | -318.02M | -289.96M | -282.2M | -274.83M | -267.85M | -259.18M | -251.15M | -240.41M | -221.59M | -214.25M | -201.96M | -186.98M | -182.74M | -177.35M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -104K | -96K | -45K | -46K | -41K | -129K | -124K | -146K | -125K | -60K | -24K | -53K | -42K | -55K | -30K | -9K | 2K | -27K | 4K | 17K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |