Telos (TLS) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Mon, March 16, 2026 astatine 11:12 AM CDT 22 min read

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Monday, March 16, 2026 astatine 9:30 a.m. ET

• Chief Executive Officer — John B. Wood

• Chief Financial Officer — G. Mark Bendza

• Executive Vice President, Security Solutions — Mark D. Griffin

• Vice President, Investor Relations — Allison Phillipp

Mark volition statesman with remarks connected our 4th fourth 2025 results and 2026 outlook. Next, John volition travel up with concluding commentary. We volition past unfastened the enactment for Q&A, wherever Mark Griffin, Executive Vice President of Security Solutions, volition besides articulation us. The 4th fourth fiscal results were issued earlier contiguous and are posted connected the Telos Corporation Investor Relations website and this telephone is being simultaneously webcast. Additionally, we person provided presumption slides connected our Investor Relations website.

Before we begin, I privation to stress that immoderate of our statements connected this call, including each of those relating to 2026 institution performance, plans, and operations, are forward-looking statements and are made nether the harmless harbor provisions of the national securities laws. These statements are based connected existent expectations and assumptions that are taxable to risks and uncertainties. Actual results could materially disagree for assorted reasons, including the factors described successful today's fiscal results summary and comments made during this league telephone and successful our SEC filings. We bash not undertake immoderate work to update immoderate forward-looking statements.

In addition, during today's call, we volition sermon non-GAAP fiscal measures, which we judge are supplemental and clarifying measures to assistance investors recognize Telos Corporation’s fiscal performance. These non-GAAP fiscal measures should beryllium considered successful summation to, and not arsenic a substitute for oregon successful isolation from, GAAP results. You tin find further disclosures regarding these non-GAAP measures, including reconciliations with comparable GAAP results, successful our 4th fourth results summary and connected the Investor Relations information of our website. Please besides enactment that fiscal comparisons are twelvemonth implicit twelvemonth unless different specified. The webcast replay of this telephone volition beryllium disposable connected our institution website nether the Investor Relations link. With that, I volition crook the telephone implicit to Mark.

G. Mark Bendza: Thank you, Allison, and bully morning, everyone. We person a batch of bully quality to stock again this quarter. We are pleased to study different beardown 4th and an exceptional decorativeness to an incredibly beardown 2025. Before turning to the slides, fto maine item 3 cardinal takeaways for the 4th and the year. First, we delivered important gross maturation and exceeded our guidance crossed cardinal fiscal metrics each quarter, including the 4th quarter. Second, our continued absorption connected disciplined programme execution, rigorous operating disbursal management, and moving superior ratio drove beardown operating leverage, fantabulous incremental adjusted EBITDA margins, and robust currency flow. Third, we returned superior to shareholders done stock repurchases.