8-K ·Filed May 11, 2026
8-K Item 2.02: Earnings release
Actionable Insight ▲ Bullish
Strong beat with revenue acceleration and profitability inflection. Stock likely to gap up. Monitor Q2 guidance (22-28% YoY growth) and any updates on Telos ID contract wins.
Final — all horizons settled through T+60d
TLS ▲ +10.12% at T+60d
LONG call ✓ call won +10.12% · α vs SPY +5.73% · entry $4.25 → $4.68
T+1d
+2.82%
call +2.82% · α +2.96%
$4.37
settled 6mo ago
T+5d
+1.18%
call +1.18% · α +1.26%
$4.30
settled 5mo ago
T+20d
+3.76%
call +3.76% · α +4.07%
$4.41
settled 5mo ago
T+60d
+10.12%
call +10.12% · α +5.73%
$4.68
settled 3mo ago
Price Chart
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Executive Summary
Q1 2026 earnings: revenue $47.7M (+56% YoY), GAAP net income $2.0M (vs -$8.6M loss), adjusted EPS $0.06 vs consensus -$0.07, and reaffirmed full-year guidance. Strong beat driven by Telos ID growth and cost discipline.
Key Financial Metrics
EPS
$0.06
est −$0.07 · +185.7%
Revenue
$47.7M
+56.0% YoY
Rating
strong beat
Guidance
$187M-$200M (FY), $44M-$46M (Q2)
maintained
Free Cash Flow
$6.4M
Gross Margin
36.4%
Key Facts
- Revenue $47.7M, +56% YoY, exceeding guidance ($44-45M)
- GAAP net income $2.0M vs loss of $8.6M YoY; GAAP EPS $0.03
- Adjusted EPS $0.06 (non-GAAP) vs Street consensus -$0.07
- Adjusted EBITDA $7.9M, +16.5% margin (vs 1.2% YoY)
- Free cash flow $6.4M, +69% YoY
- Share repurchases $2.2M (0.5M shares at avg $4.25)
- Reaffirmed FY2026 revenue guidance $187M-$200M (+14-21% YoY)
Financial Impact
Revenue beat guidance by ~6% ($47.7M vs $44-45M); adjusted EPS beat consensus by $0.13 (186% beat)
revenueepsadjustedEbitdafreeCashFlow
Risk Factors
- Q2 guidance implies deceleration to 22-28% YoY growth
- Dependence on large Telos ID programs (government contracts)
- Restructuring execution and stock-based compensation remain elevated
Market Snapshot
Exchange
Nasdaq
Sector
Services-Computer Integrated Systems Design
Analyst Consensus
67% bullish (9 analysts)
Investment Themes
Software & IT
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000320121-26-000021 |
| Document: tls-20260511.htm | 0000320121-26-000021 |
| Document: q12026earningspressrelease.htm | 0000320121-26-000021 |
| Document: 0000320121-26-000021-index-headers.html | 0000320121-26-000021 |
| Document: 0000320121-26-000021-index.html | 0000320121-26-000021 |
| Document: 0000320121-26-000021.txt | 0000320121-26-000021 |
| 8-K Data (Synthetic) | 0000320121-26-000021 |
17 reports for TLS
78% Hit rate @ T+5 Went positive at some point 8 of 9 best @ T+20▲ +28.57%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 5, 2026 21d ago | Press Release | $4.43 $4.38 | ▼ −1.13% | ▼ −1.55% | $5.22 (+17.83%) |
Oct 1, 2026 25d ago | Press Release | $4.23 $4.37 | ▲ +3.31% | ▲ +2.01% | $5.22 (+23.40%) |
Sep 28, 2026 28d ago | Press Release | $4.06 $4.43 | ▲ +9.11% | ▲ +7.91% | $5.22 (+28.57%) |
Sep 21, 2026 5w ago | Insider Cluster | $4.10 $4.04 | ▲ +1.46% | ▲ +0.28% | $5.22 (−27.32%) |
Sep 10, 2026 6w ago | Insider Cluster | $4.68 $4.18 | ▲ +10.68% | ▲ +10.19% | $5.22 (−11.54%) |
Aug 10, 2026 11w ago | Press Release | $4.03 $4.39 | ▲ +8.93% | ▲ +8.98% | $5.22 (+29.53%) |
Aug 10, 2026 11w ago | 8-K | $4.03 $4.39 | ▲ +8.93% | ▲ +8.98% | $5.22 (+29.53%) |
Jul 14, 2026 14w ago | Press Release | $4.91 $4.57 | ▼ −6.92% | ▼ −5.63% | $5.22 (+6.31%) |
Jun 26, 2026 17w ago | Insider Cluster | $4.51 $4.94 | ▲ +9.53% | ▲ +8.15% | $5.22 (+15.74%) |
Jun 12, 2026 19w ago | Institutional Cluster | $4.57 $4.52 | ▲ +1.09% | ▲ +1.77% | $5.22 (−14.22%) |
Showing 10 of 17
US Market Status
Market Closed — Opens in 6h 16m
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