Telos Corporation (TLS) quarterly cash flow statement — complete operating, investing & financing 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 |
|---|
| Cash from Operations | 8.63M | 7.98M | 9.15M | 6.95M | 6.11M | -10.52M | -7.08M | -7.99M | -350K | 4.95M | 846K | -4.11M | -100K | -3.61M | 11.99M | 7.88M | 249K | 594K | 12.99M | 3.53M |
| Operating CF Margin % | 18.09% | 17.06% | 17.78% | 19.32% | 19.94% | -39.88% | -29.77% | -28.04% | -1.18% | 12.07% | 2.34% | -12.5% | -0.28% | -7.63% | 18.85% | 14.13% | 0.5% | 0.93% | 18.83% | 6.58% |
| Operating CF Growth % | 41.42% | 175.87% | 229.18% | 186.98% | 1844.57% | -312.31% | -936.88% | -94.26% | -250% | 237.23% | -92.94% | -152.18% | -140.16% | -707.74% | -7.74% | 123.44% | 103.62% | 104.22% | 16.85% | 490.27% |
| Net Income | 2.02M | -16.31M | -2.11M | -9.52M | -8.6M | -9.33M | -28.05M | -7.76M | -7.38M | -6.98M | -8.67M | -8.02M | -10.75M | -18.82M | -8.46M | -14.16M | -16.62M | -4.24M | -5.22M | -17.64M |
| Depreciation & Amortization | 3.43M | 3.43M | 3.18M | 2.51M | 2.34M | 2.5M | 2.75M | 3.49M | 3.13M | 2.97M | 3.21M | 1.71M | 1.43M | 1.46M | 1.52M | 1.5M | 1.41M | 1.4M | 1.46M | 1.4M |
| Stock-Based Compensation | 0 | 5.96M | 9.39M | 7.76M | 7.05M | 7.39M | 8.81M | 2.22M | 2.98M | 1.93M | 5.22M | 7.75M | 9.5M | 20.43M | 15.84M | 17.08M | 15.93M | 13.03M | 12.37M | 21.34M |
| Deferred Taxes | 2K | -801K | 14K | 31K | -4K | -37K | 13K | 12K | 12K | 0 | 13K | 0 | 12K | 10K | 0 | 13K | 12K | 42K | 10K | 0 |
| Other Non-Cash Items | 3.01M | 14.62M | 41K | 3K | 12K | 138K | 11.71M | -55K | 58K | 7.26M | 27K | -2.79M | -1.32M | 124K | 45K | -17K | 107K | 28K | -9K | 1.58M |
| Working Capital Changes | 171K | 1.09M | -1.36M | 6.17M | 5.32M | -11.18M | -2.31M | -5.9M | 845K | -232K | 1.04M | -2.76M | 1.03M | -6.83M | 3.04M | 3.46M | -590K | -9.67M | 4.38M | -3.15M |
| Change in Receivables | 575K | 3.42M | -1.34M | -341K | 427K | -4.3M | 2.29M | 1.57M | 11.7M | -5.02M | 8.86M | 383K | 5.28M | 10.91M | -339K | 7.09M | 2.01M | 0 | -9.26M | -9.6M |
| Change in Inventory | 0 | -447K | 2.16M | -1.37M | 294K | -485K | -37K | 95K | -44K | -436K | 782K | -137K | 1.25M | 1.69M | -1.05M | -1.53M | -850K | 0 | -225K | 1.51M |
| Change in Payables | -1.56M | 3.99M | -8.76M | 5.96M | 1.54M | -1.26M | -398K | -1.21M | -6.55M | 0 | -8.69M | 0 | -4.49M | -14.96M | 2.07M | -107K | 674K | 0 | 14.46M | 0 |
| Cash from Investing | -2.28M | -1.71M | -2.55M | -2.32M | -2.34M | -4.27M | -2.84M | -5.5M | -4.15M | -3.17M | -3.84M | -3.88M | -4.59M | -4.32M | -3.62M | -2.43M | -3.34M | -5.38M | -9.51M | -2.09M |
| Capital Expenditures | -2.28M | -30K | -452K | -134K | -123K | -1.87M | -2.84M | -235K | -3.3M | -576K | -3.84M | -47K | -4.02M | -194K | -174K | -95K | -546K | -1.56M | -575K | -590K |
| CapEx % of Revenue | 4.77% | 0.06% | 0.88% | 0.37% | 0.4% | 7.09% | 11.93% | 0.82% | 11.14% | 1.4% | 10.62% | 0.14% | 11.42% | 0.41% | 0.27% | 0.17% | 1.09% | 2.43% | 0.83% | 1.1% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -1.68M | -2.1M | -2.19M | -2.21M | -2.4M | 0 | -3.11M | 0 | -2.59M | 0 | -3.83M | -564K | -4.13M | -3.45M | -2.34M | -2.79M | -3.83M | -8.93M | -1.5M |
| Cash from Financing | -9.31M | -12.14M | -4.55M | -5.42M | -556K | -393K | -423K | -322K | -846K | -2.48M | -497K | -1.02M | -2.16M | 1.91M | -5.62M | -2.96M | -3.24M | -2.78M | -343K | 35.8M |
| Debt Issued (Net) | -491K | -484K | -479K | -462K | -452K | -447K | -441K | -426K | -416K | -412K | -405K | -392K | -383K | -378K | -373K | -359K | -351K | -346K | -343K | -329K |
| Equity Issued (Net) | -2.2M | -5.99M | -3.64M | -4M | -104K | 54K | 45K | 104K | -430K | -2.07M | -92K | -64K | -139K | -3.54M | -5M | -2.6M | 0 | 0 | 0 | -1.25M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -2.2M | -5.99M | -3.64M | -4M | -104K | 0 | 0 | 0 | -430K | -2.07M | -92K | -64K | -139K | -3.54M | -5M | -2.6M | 0 | 0 | 0 | -1.25M |
| Other Financing | -6.62M | -5.67M | -430K | -958K | 0 | 0 | -27K | 0 | 0 | -1 | 0 | -564K | -1.63M | 5.83M | -249K | 0 | -2.89M | -2.44M | 0 | 37.38M |
| Net Change in Cash | -2.95M | -5.87M | 2.05M | -793K | 3.21M | -15.18M | -10.34M | -13.81M | -5.34M | -692K | -3.49M | -9.01M | -6.84M | -6.03M | 2.74M | 2.49M | -6.33M | -7.57M | 3.14M | 37.23M |
| Free Cash Flow | 6.36M | 7.95M | 6.6M | 6.82M | 5.98M | -14.79M | -7.13M | -11.34M | -3.65M | 4.38M | -3M | -4.16M | -4.12M | -7.93M | 8.37M | 5.45M | -3.09M | -4.79M | 9.41M | 2.94M |
| FCF Margin % | 13.32% | 17% | 12.83% | 18.95% | 19.54% | -56.08% | -29.98% | -39.79% | -12.32% | 10.66% | -8.28% | -12.64% | -11.71% | -16.75% | 13.16% | 9.77% | -6.16% | -7.48% | 13.64% | 5.48% |
| FCF Growth % | 6.27% | 153.75% | 192.57% | 160.12% | 263.96% | -437.83% | -137.95% | -172.55% | 11.5% | 155.19% | -135.81% | -176.34% | -33.34% | -65.56% | -11.07% | 85.47% | 67.54% | 68.97% | 10.33% | 209.71% |
| FCF per Share | 0.08 | 0.11 | 0.09 | 0.09 | 0.08 | -0.20 | -0.10 | -0.16 | -0.05 | 0.06 | -0.04 | -0.06 | -0.06 | -0.12 | 0.12 | 0.08 | -0.05 | -0.07 | 0.14 | 0.04 |
| FCF Conversion (FCF/Net Income) | 4.27x | -0.49x | -4.33x | -0.73x | -0.71x | 1.13x | 0.25x | 1.03x | 0.05x | -0.71x | -0.10x | 0.51x | 0.01x | 0.19x | -1.42x | -0.56x | -0.01x | -0.14x | -2.49x | -0.20x |
| Interest Paid | 0 | 0 | 119K | 0 | 0 | 136K | 0 | 0 | 0 | 145K | 0 | 190K | 0 | 0 | 170K | 174K | 179K | 175K | 195K | 192K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 32K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6K | 0 | 0 |