CMTL · Comtech Telecommunications Corp /De/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $106.76M | $111.03M | $126.79M | $126.57M | $115.80M | $128.08M | $134.22M | $151.91M | $136.32M | $133.72M |
| Cost of Revenue | $70.54M | $74.27M | $87.84M | $92.83M | $101.28M | $89.12M | $91.03M | $104.03M | $93.17M | $87.80M |
| Gross Profit | $36.22M | $36.77M | $38.95M | $33.74M | $14.52M | $38.95M | $43.20M | $47.88M | $43.15M | $45.92M |
| R&D | $4.43M | $3.79M | $4.42M | $4.35M | $3.71M | $5.75M | $6.84M | $7.81M | $11.68M | $12.44M |
| SG&A | $27.68M | $29.94M | $30.20M | $33.83M | $51.64M | $28.70M | $30.31M | $32.70M | $31.40M | $28.91M |
| Total Operating Expenses | $37.46M | $39.52M | $40.48M | $44.00M | $143.69M | $42.42M | $40.23M | $45.80M | $48.42M | $46.70M |
| D&A | $2.96M | $3.00M | $2.73M | $2.78M | $2.90M | $3.12M | $2.93M | $3.02M | $2.98M | $2.97M |
| Operating Income | ($1.24M) | ($2.76M) | ($1.53M) | ($10.26M) | ($129.17M) | ($3.47M) | $2.97M | $2.09M | ($5.28M) | ($781.0K) |
| Interest Expense | $11.22M | $11.55M | $12.91M | $11.01M | $9.53M | $5.15M | $5.26M | $4.93M | $4.39M | $3.79M |
| Income Tax | $17.0K | $442.0K | ($1.80M) | ($968.0K) | $2.13M | ($5.38M) | $7.36M | ($1.34M) | ($2.93M) | ($222.0K) |
| Net Income | ($13.63M) | ($15.88M) | $33.93M | ($48.74M) | ($148.41M) | $2.79M | ($10.56M) | ($1.44M) | ($7.46M) | ($4.80M) |
| EPS - Basic | ($0.68) | ($0.67) | ($0.49) | ($0.76) | ($5.29) | ($0.04) | ($1.07) | ($0.11) | ($0.33) | ($0.23) |
| EPS - Diluted | ($0.68) | ($0.67) | ($0.49) | ($0.76) | ($5.29) | ($0.04) | ($1.07) | ($0.11) | ($0.33) | ($0.23) |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $32.83M | $43.63M | $40.02M | $26.67M | $29.64M | $32.43M | $39.96M | $18.12M | $18.96M | $21.50M |
| Accounts Receivable | $127.87M | $140.28M | $144.84M | $167.20M | $180.86M | $195.59M | $198.55M | $185.06M | $163.16M | $134.92M |
| Inventory | $66.00M | $67.84M | $68.95M | $81.40M | $81.80M | $93.14M | $85.79M | $85.44M | $105.84M | $100.13M |
| Accounts Payable | $24.06M | $25.95M | $25.96M | $43.06M | $43.51M | $42.48M | $42.53M | $66.50M | $64.24M | $38.49M |
| Current Assets | $241.63M | $266.58M | $270.19M | $289.55M | $306.56M | $336.55M | $343.25M | $353.75M | $305.49M | $276.43M |
| Total Assets | $703.83M | $734.12M | $740.84M | $770.56M | $793.20M | $912.43M | $996.75M | $1.01B | $996.24M | $983.67M |
| Current Liabilities | $143.28M | $156.93M | $158.25M | $385.31M | $383.31M | $183.55M | $347.26M | $390.94M | $211.97M | $186.24M |
| Long-term Debt | $107.67M | $114.41M | $0 | $0 | $0 | $170.49M | $0 | $0 | $160.03M | $164.38M |
| Total Liabilities | $438.25M | $455.08M | $446.87M | $519.54M | $494.14M | $426.11M | $423.30M | $461.70M | $445.73M | $428.93M |
| Stockholders' Equity | $65.61M | $85.59M | $104.42M | $128.71M | $150.36M | $306.25M | $406.96M | $436.81M | $438.30M | $446.10M |
| Retained Earnings | ($36.41M) | ($22.77M) | ($6.89M) | ($48.74M) | $0 | $103.58M | $205.16M | $235.68M | $238.91M | $253.42M |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $8.08M | - | - | ($21.81M) | - | - | ($14.54M) | - | - |
| Investing Cash Flow | - | ($3.26M) | - | - | ($2.42M) | - | - | ($3.22M) | - | - |
| Financing Cash Flow | - | ($1.20M) | - | - | $21.43M | - | - | $16.97M | - | - |
| CapEx | - | $3.26M | - | - | $2.42M | $2.67M | $4.27M | $3.22M | $4.96M | $2.70M |
| Free Cash Flow | - | $4.82M | - | - | ($24.22M) | - | - | ($17.76M) | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 33.9% | 33.1% | 30.7% | 26.7% | 12.5% | 30.4% | 32.2% | 31.5% | 31.7% | 34.3% |
| Operating margin | -1.2% | -2.5% | -1.2% | -8.1% | -111.5% | -2.7% | 2.2% | 1.4% | -3.9% | -0.6% |
| EBITDA margin | 1.6% | 0.2% | 0.9% | -5.9% | -109.0% | -0.3% | 4.4% | 3.4% | -1.7% | 1.6% |
| Net margin | -12.8% | -14.3% | 26.8% | -38.5% | -128.2% | 2.2% | -7.9% | -0.9% | -5.5% | -3.6% |
| Free cash flow margin | - | 4.3% | - | - | -20.9% | - | - | -11.7% | - | - |
| FCF / Net income | - | -0.30 | - | - | 0.16 | - | - | 12.36 | - | - |
| R&D / Revenue | 4.1% | 3.4% | 3.5% | 3.4% | 3.2% | 4.5% | 5.1% | 5.1% | 8.6% | 9.3% |
| SG&A / Revenue | 25.9% | 27.0% | 23.8% | 26.7% | 44.6% | 22.4% | 22.6% | 21.5% | 23.0% | 21.6% |
| Effective tax rate | - | - | -5.6% | - | - | - | - | - | - | - |
| Return on assets | -1.9% | -2.2% | 4.6% | -6.3% | -18.7% | 0.3% | -1.1% | -0.1% | -0.7% | -0.5% |
| Return on equity | -20.8% | -18.6% | 32.5% | -37.9% | -98.7% | 0.9% | -2.6% | -0.3% | -1.7% | -1.1% |
| Return on invested capital | -0.6% | -1.1% | -1.5% | -6.3% | -67.9% | -0.6% | 0.6% | 0.4% | -0.7% | -0.1% |
| Liquidity | ||||||||||
| Current ratio | 1.69 | 1.70 | 1.71 | 0.75 | 0.80 | 1.83 | 0.99 | 0.90 | 1.44 | 1.48 |
| Quick ratio | 1.23 | 1.27 | 1.27 | 0.54 | 0.59 | 1.33 | 0.74 | 0.69 | 0.94 | 0.95 |
| Cash ratio | 0.23 | 0.28 | 0.25 | 0.07 | 0.08 | 0.18 | 0.12 | 0.05 | 0.09 | 0.12 |
| Leverage | ||||||||||
| Debt / Equity | 1.64 | 1.34 | 0.00 | 0.00 | 0.00 | 0.56 | 0.00 | 0.00 | 0.37 | 0.37 |
| Debt / Assets | 0.15 | 0.16 | 0.00 | 0.00 | 0.00 | 0.19 | 0.00 | 0.00 | 0.16 | 0.17 |
| Debt / EBITDA | 62.27 | 470.84 | 0.00 | - | - | - | 0.00 | 0.00 | - | 75.20 |
| Interest coverage | -0.1x | -0.2x | -0.1x | -0.9x | -13.6x | -0.7x | 0.6x | 0.4x | -1.2x | -0.2x |
| Equity multiplier | 10.73 | 8.58 | 7.09 | 5.99 | 5.28 | 2.98 | 2.45 | 2.32 | 2.27 | 2.21 |
| Liabilities / Assets | 0.62 | 0.62 | 0.60 | 0.67 | 0.62 | 0.47 | 0.42 | 0.46 | 0.45 | 0.44 |
| Efficiency | ||||||||||
| Asset turnover | 0.15 | 0.15 | 0.17 | 0.16 | 0.15 | 0.14 | 0.13 | 0.15 | 0.14 | 0.14 |
| Inventory turnover | 1.07 | 1.09 | 1.27 | 1.14 | 1.24 | 0.96 | 1.06 | 1.22 | 0.88 | 0.88 |
| Days sales outstanding | 437d | 461d | 417d | 482d | 570d | 557d | 540d | 445d | 437d | 368d |
| Days inventory outstanding | 342d | 333d | 287d | 320d | 295d | 381d | 344d | 300d | 415d | 416d |
| Days payable outstanding | 125d | 128d | 108d | 169d | 157d | 174d | 171d | 233d | 252d | 160d |
| Cash conversion cycle | 654d | 667d | 596d | 633d | 708d | 765d | 713d | 511d | 600d | 625d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 2.5x | 1.0x | 0.6x | 0.5x | 0.7x | 0.3x | 0.4x | 0.8x | 0.7x | 1.0x |
| P / S | 1.6x | 0.8x | 0.5x | 0.5x | 0.9x | 0.7x | 1.4x | 2.3x | 2.1x | 3.3x |
| EV / EBITDA | 139.2x | 637.4x | 19.9x | - | - | - | 24.0x | 65.1x | - | 268.2x |
| Growth | ||||||||||
| Revenue growth (YoY) | -15.7% | -4.1% | -1.0% | -5.7% | -23.8% | -6.0% | 0.4% | 15.8% | 11.6% | 11.1% |
| Revenue CAGR (3y) | -7.2% | -5.4% | 1.3% | 1.7% | -0.3% | -2.8% | -5.9% | 4.0% | 0.3% | -6.1% |
| Revenue CAGR (5y) | -7.9% | -3.9% | -1.3% | -4.8% | -7.4% | -5.6% | -3.9% | -1.1% | -1.6% | -0.0% |
| Gross profit growth (YoY) | 7.4% | 153.3% | -0.0% | -21.9% | -69.7% | -9.7% | -5.9% | 2.3% | -7.5% | 0.1% |
| Operating income growth (YoY) | 87.9% | 97.9% | 55.9% | - | - | 34.2% | - | - | -832.2% | 96.8% |
| Net income growth (YoY) | 72.0% | 89.3% | 1114.1% | -361.6% | -10227.6% | - | -119.7% | 87.0% | -29732.0% | 78.0% |
| EPS growth (YoY) | 10.5% | 87.3% | -1125.0% | 29.0% | -4709.1% | 87.9% | -365.2% | 76.1% | -450.0% | 74.2% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -36.4% | - | - | -32.4% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -49.0% | -43.1% | -65.9% | -68.4% | -65.6% | -30.1% | -8.8% | -3.9% | -6.1% | -4.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-07-31.
Business segments
$999.06M totalSatellite And Space Communications Segment$269.26M · 27.0%
Satellite And Space Segment Communications$269.26M · 27.0%
Allerium$230.26M · 23.0%
Allerium Segment$230.26M · 23.0%
Geographic
$473.83M totalUS$184.37M · 38.9%
USGovernment$148.41M · 31.3%
Total International Sales$105.09M · 22.2%
United States Domestic$35.96M · 7.6%
Peer comparison
Same SIC group: Radio & Tv Broadcasting & Communications Equipment
Comparing COMTECH TELECOMMUNICATIONS CORP /DE/ against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Jan 17, 2023 | $0.1000 |
| Oct 18, 2022 | $0.1000 |
| Jul 19, 2022 | $0.1000 |
| Apr 19, 2022 | $0.1000 |
| Jan 18, 2022 | $0.1000 |
| Oct 12, 2021 | $0.1000 |
| Jul 20, 2021 | $0.1000 |
| Apr 20, 2021 | $0.1000 |
| Jan 19, 2021 | $0.1000 |
| Oct 13, 2020 | $0.1000 |
| Jul 14, 2020 | $0.1000 |
| Apr 14, 2020 | $0.1000 |
| Jan 14, 2020 | $0.1000 |
| Oct 15, 2019 | $0.1000 |
| Jul 16, 2019 | $0.1000 |
| Apr 16, 2019 | $0.1000 |
| Jan 15, 2019 | $0.1000 |
| Oct 16, 2018 | $0.1000 |
| Jul 13, 2018 | $0.1000 |
| Apr 17, 2018 | $0.1000 |
| Jan 16, 2018 | $0.1000 |
| Oct 17, 2017 | $0.1000 |
| Jul 13, 2017 | $0.1000 |
| Apr 17, 2017 | $0.1000 |