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Nasdaq · Communication Services

Comtech Telecommunications Corp. (CMTL)

As-reported financials and SEC filings for Comtech Telecommunications Corp. The latest annual period is FY2026. The latest reported quarter is Q4 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Comtech Telecommunications Corp.

Comtech Telecommunications Corp provides critical communications technology and solutions globally, serving secure satellite and wireless communications as well as public safety markets. Its Satellite and Space Communications segment offers satellite modems, amplifiers, troposcatter technologies, cybersecurity training, and space components to defense contractors, allied governments, and U.S. government agencies. The Allerium segment delivers next-generation 911 infrastructure and call-handling solutions to state and local governments and telecommunications carriers.

Snapshot

Revenue
$249.6M
Revenue growth (YoY)
-17.0%
Net income
$-36.2M
Diluted EPS
$-2.31
Gross margin
38.9%
Operating margin
-7.3%
Net margin
-14.5%
FCF margin
8.9%
ROE
—
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$39.8M
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended July 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Comtech Telecommunications

  • Revenue fell 17.0% to $250M in FY2026, after a 44.3% decline the year before.
  • Operating margin is -7.3% in FY2026, -0.3 pp against -6.9% in FY2022.
  • Free cash flow was $22M in FY2026, 8.9% of revenue.
  • Net loss narrowed to $36M in FY2026, from $155M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Comtech Telecommunications’s fundamentals sit among the 213 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin38.9%
38th percentile of 102
Operating margin-7.3%
32nd percentile of 182
Net margin-14.5%
24th percentile of 188
FCF margin8.9%
63rd percentile of 162
Revenue growth (YoY)-17.0%
8th percentile of 206
Short interest1.64d
21st percentile of 212

Comtech Telecommunications’s revenue growth of -17.0% ranks in the 8th percentile of the 206 Communication Services companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+5 quant / multi-strat
Initiated / added
1
0 new, 1 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$1.4M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ2 2026$698,250332.5KAdded
Two Sigma InvestmentsquantQ2 2026$327,724156.1KReduced
Millennium ManagementquantQ2 2026$213,578101.7KReduced
Citadel AdvisorsquantQ2 2026$108,86951.8KReduced
Point72 Asset ManagementquantQ2 2026$38,49518.3KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
0
—
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-18
filed 2026-06-23
Daniel GizinskiPresident, S&S Comm. SegmentSell200$2.60$520

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
333.8K
settled 2026-09-30
Change vs prior
-21.8%
vs previous settlement
Days to cover
1.64
at avg daily volume
Avg daily volume
203.6K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-30333.8K-21.8%1.64
2026-09-15426.6K+5.6%1.28
2026-08-31403.9K-28.6%1.31
2026-08-14565.6K+5.5%1.58
2026-07-31536.4K+44.2%1.54
2026-07-15372.0K-12.0%1.00
2026-06-30422.9K+88.2%1.00
2026-06-15224.7K-35.1%1.00

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$249.6M$300.9M$540.4M$550.0M$486.2M
Gross profit
Operating income$-18.2M$-29.9M$-79.9M$-14.7M$-33.8M
Net income$-36.2M$-155.3M$-100.0M$-26.9M$-33.1M
Diluted EPS$-2.31$-6.95$-4.70$-1.21$-1.63

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$37.4M$-8.3M$-54.5M$-4.4M$2.0M
Capital expenditure$15.2M$8.2M$13.1M$18.3M$19.6M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q4 FY2026——
Q3 FY2026$106.0M-16.4%$-3.5M—
Q2 FY2026$106.8M-15.7%$-13.6M$-0.68
Q1 FY2026$111.0M-4.1%$-15.9M$-0.67
Q4 FY2025——
Q3 FY2025$126.8M-1.0%$33.9M—
Q2 FY2025$126.6M-5.7%$-48.7M—
Q1 FY2025$115.8M-23.8%$-148.4M$-5.29

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorCommunication Services
SIC industryRadio & Tv Broadcasting & Communications Equipment
Latest annual periodFY2026 (ended July 31, 2026)
Latest reported quarterQ4 FY2026 (ended July 31, 2026)
Oldest indexed filing2015
SEC CIK23197

Selected SEC filings

10-K2026-10-14
View on EDGAR →
10-K/A2025-11-26
View on EDGAR →
10-Q2026-06-15
View on EDGAR →
10-Q2026-03-16
View on EDGAR →
10-Q2025-12-11
View on EDGAR →
8-K2026-10-14
View on EDGAR →
8-K2026-10-14
View on EDGAR →
8-K2026-10-05
View on EDGAR →

Largest Communication Services peers

All Communication Services companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.