Telos Reports Q3 2026 Results, Raises Full-Year Outlook
Telos reported Q3 revenue of $55.2 million and adjusted EPS of 9 cents. It raised 2026 revenue guidance to $198.2 million–$200.7 million and adjusted EBITDA guidance to $32.3 million–$34.1 million; the phase-out of low-margin software is expected to create a $32 million revenue headwind.
Telos Corporation reported third-quarter 2026 revenue of $55.2 million and adjusted earnings per share of 9 cents, both surpassing analyst consensus estimates of $50 million and 4 cents, respectively. Following these results, the company increased its full-year 2026 revenue guidance to a range of $198.2 million to $200.7 million, up from its previous forecast of $187 million to $195 million. Management also raised its full-year adjusted EBITDA outlook to between $32.3 million and $34.1 million.
The company noted that while recurring Xacta contract wins and a strong pipeline support future growth, the phase-out of low-margin software is expected to create a $32 million revenue headwind.