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Nasdaq · Communication Services

COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

As-reported financials and SEC filings for COMTECH TELECOMMUNICATIONS CORP /DE/. The latest annual period is FY2025. The latest reported quarter is Q3 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 /DE/

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
$499.5M
Revenue growth (YoY)
-7.6%
Net income
$-155.3M
Diluted EPS
$-6.95
Gross margin
25.6%
Operating margin
-27.8%
Net margin
-31.1%
FCF margin
-3.4%
ROE
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$50.6M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended July 31, 2025). 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 Corp /de/

  • Revenue fell 7.6% to $500M in FY2025, after a 1.7% decline the year before.
  • Operating margin is -27.8% in FY2025, -16.1 pp against -11.7% in FY2021.
  • Most recent quarter Q3 FY2026: revenue $106M, down 16.4% from Q3 FY2025.
  • Free cash flow was negative $17M in FY2025.
  • Net loss widened to $155M in FY2025, from $100M in FY2024.

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 Corp /de/’s fundamentals sit among the 216 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin25.6%
22nd percentile of 105
Operating margin-27.8%
15th percentile of 185
Net margin-31.1%
12th percentile of 191
FCF margin-3.4%
21st percentile of 164
Revenue growth (YoY)-7.6%
19th percentile of 209
Short interest1.58d
24th percentile of 216

Comtech Telecommunications Corp /de/’s net margin of -31.1% ranks in the 12th percentile of the 191 Communication Services companies reporting it. Comtech Telecommunications Corp /de/’s operating margin of -27.8% ranks in the 15th percentile of the 185 Communication Services companies reporting it.

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $520. 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)
1
$520
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-18
filed 2026-06-23
Gizinski DanielPresident, 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
565.6K
settled 2026-08-14
Change vs prior
+5.5%
vs previous settlement
Days to cover
1.58
at avg daily volume
Avg daily volume
358.2K
FINRA reported
SettlementShares shortChangeDays to cover
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
2026-05-29346.2K+13.3%1.00
2026-05-15305.5K-36.5%1.73
2026-04-30480.8K-20.7%2.57

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)

 FY2025FY2024FY2023FY2022FY2021
Revenue$499.5M$540.4M$550.0M$486.2M$581.7M
Gross profit$127.9M$157.2M$184.5M$179.8M$214.0M
Operating income$-139.1M$-79.9M$-14.7M$-33.8M$-68.3M
Net income$-155.3M$-100.0M$-26.9M$-33.1M$-73.5M
Diluted EPS$-6.95$-4.70$-1.21$-1.63$-2.86

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 (hover to see the figure as 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 (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-8.3M$-54.5M$-4.4M$2.0M$-40.6M
Capital expenditure$8.6M$13.1M$18.3M$19.6M$16.0M
Free cash flow$-16.9M$-67.6M$-22.7M$-17.6M$-56.7M

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 (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
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$130.4M3.3%$7.9M$0.27
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
Q4 FY2024$126.2M-15.2%$-90.8M$-3.14

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorCommunication Services
SIC industryRadio & Tv Broadcasting & Communications Equipment
Latest annual periodFY2025 (ended July 31, 2025)
Latest reported quarterQ3 FY2026 (ended April 30, 2026)
Oldest indexed filing2015
SEC CIK23197

Selected SEC filings

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-K2026-08-03
View on EDGAR →
8-K2026-06-16
View on EDGAR →
8-K2026-06-15
View on EDGAR →
8-K2026-06-15
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.