Significant Revenue Growth
Revenue grew 116% year-over-year to $51.4 million, exceeding the guidance range of $44 million to $47 million. This growth was driven by Telos ID programs.
Strong Financial Performance
Adjusted EBITDA was $10.1 million, significantly above the guidance range of $4 million to $5.7 million, with an adjusted EBITDA margin of 19.6%.
Launch of Xacta.ai
Telos launched the Xacta.ai product in early October and secured its first enterprise customer. Xacta.ai provides significant efficiency improvements in cybersecurity tasks.
Expansion of TSA PreCheck Locations
Telos achieved its objective of reaching 500 TSA PreCheck enrollment locations, now operating at 504 locations across 41 states and Puerto Rico.
Improved Financial Outlook
The company raised its outlook for the second half of 2025, reflecting higher revenue, adjusted EBITDA, and adjusted EBITDA margin.