Comtech Telecommunications Corp. logo

Comtech Telecommunications Corp.

CMTL

NASDAQTechnologyCommunication Equipment

Previous close

$1.77

+$0.035 · +2.02%

Aug 21, 4:00 PM ET

CMTL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

40

Expensive

Momentum

22

Weakening

Sentiment

47

Mixed

Risk resilience

27

High Risk

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Company profile

Company website

Comtech Telecommunications Corp., founded in 1967 and headquartered in Melville, New York, is a global innovator in communication solutions. The company actively develops, manufactures, and supplies a wide array of products, systems, and services to both commercial and government clients across the United States and internationally. Its Commercial Solutions segment offers sophisticated satellite ground station technologies. This includes various modems (such as single channel per carrier and time division multiple access units), amplifiers, frequency converters, and network software designed to modulate, demodulate, and amplify signals for transmitting voice, video, and data over networks. This segment also provides critical public safety and location services, like 911 call handling and mapping solutions, enabling cellular and voice-over-IP carriers to effectively route emergency calls to public safety answering points. The Government Solutions segment delivers advanced tactical satellite-based networks, comprising satellite modems, ruggedized routers, and solid-state drives. It also provides essential sustainment services for both secure and unclassified Internet Protocol router access points, along with small aperture terminals. Furthermore, this segment offers high-performance transmission technologies utilized in demanding applications such as electronic warfare, radar, and identification friend or foe (IFF) systems. Complementing these are troposcatter technologies for satellite communication and powerful radio frequency microwave amplifiers and related switching control systems, which find use in electronic warfare, general communications, radar, IFF, and medical applications. Comtech serves a diverse clientele that encompasses satellite systems integrators, wireless and other communication service providers, satellite broadcasters, prime contractors, system suppliers, medical equipment manufacturers, aviation industry integrators, oil companies, and domestic and international defense and government organizations, as well as end-users.

Industry
Communication Equipment
Sector
Technology
Headquarters
US
CEO
Kenneth H. Traub
Listed since
Mar 17, 1980
Employees
1,282

Market position

Day range

Current $1.77

52-week range

Current $1.77

Open
$1.75
Previous close
$1.735
Volume
468.02K
0.92× average
Average volume
508.37K
Average daily volume
Market cap
53.03M USD
Beta
1.51
Market reference 1
50-day average
$2.0196
-12.36% below average
200-day average
$3.774
-53.10% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
274.47M USD
P/E (TTM)
-0.8×
P/B (TTM)
0.2×
P/S (TTM)
0.12×
EV / EBITDA
-3.61×
Earnings yield
-243.39%
Free cash flow yield
-26.42%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
31.36%
Operating margin
0.17%
Net margin
-5.52%
Return on equity
-52.83%
Return on assets
-20.96%
Return on invested capital
-23.41%

Financial health

Debt / equity
0.96×
Current ratio
1.71×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends44%17%-11%-38%Gross margin, FY2021: 36.78%Gross margin, FY2022: 36.99%Gross margin, FY2023: 33.54%Gross margin, FY2024: 29.09%Gross margin, FY2025: 25.60%Operating margin, FY2021: -11.74%Operating margin, FY2022: -6.94%Operating margin, FY2023: -2.67%Operating margin, FY2024: -14.78%Operating margin, FY2025: -27.85%Net margin, FY2021: -12.63%Net margin, FY2022: -6.80%Net margin, FY2023: -4.89%Net margin, FY2024: -18.50%Net margin, FY2025: -31.09%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 36.78%. Gross margin FY2022 36.99%. Gross margin FY2023 33.54%. Gross margin FY2024 29.09%. Gross margin FY2025 25.60%. Operating margin FY2021 -11.74%. Operating margin FY2022 -6.94%. Operating margin FY2023 -2.67%. Operating margin FY2024 -14.78%. Operating margin FY2025 -27.85%. Net margin FY2021 -12.63%. Net margin FY2022 -6.80%. Net margin FY2023 -4.89%. Net margin FY2024 -18.50%. Net margin FY2025 -31.09%.

Income trends

Revenue

499.53M USD-7.56%

Operating income

−139.1M USD-74.11%

Net income

−155.3M USD-55.33%
Income trends across reported periods655.39M USD360.6M USD65.8M USD−229M USDRevenue, FY2021: 581.7M USDRevenue, FY2022: 486.24M USDRevenue, FY2023: 549.99M USDRevenue, FY2024: 540.4M USDRevenue, FY2025: 499.53M USDOperating income, FY2021: −68.3M USDOperating income, FY2022: −33.75M USDOperating income, FY2023: −14.66M USDOperating income, FY2024: −79.89M USDOperating income, FY2025: −139.1M USDNet income, FY2021: −73.48M USDNet income, FY2022: −33.05M USDNet income, FY2023: −26.9M USDNet income, FY2024: −99.99M USDNet income, FY2025: −155.3M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 581.7M USD. Revenue FY2022 486.24M USD. Revenue FY2023 549.99M USD. Revenue FY2024 540.4M USD. Revenue FY2025 499.53M USD. Operating income FY2021 −68.3M USD. Operating income FY2022 −33.75M USD. Operating income FY2023 −14.66M USD. Operating income FY2024 −79.89M USD. Operating income FY2025 −139.1M USD. Net income FY2021 −73.48M USD. Net income FY2022 −33.05M USD. Net income FY2023 −26.9M USD. Net income FY2024 −99.99M USD. Net income FY2025 −155.3M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue499.53M USD540.4M USD549.99M USD486.24M USD581.7M USD
Cost of goods sold371.65M USD383.22M USD365.53M USD306.4M USD367.74M USD
Gross profit127.87M USD157.18M USD184.46M USD179.84M USD213.96M USD
Research and development17.41M USD24.08M USD48.63M USD52.53M USD49.15M USD
Selling, general, and administrative143.49M USD110.73M USD120M USD114.86M USD111.8M USD
Operating expenses266.97M USD237.07M USD199.12M USD213.59M USD282.26M USD
Interest income703K USD139K USD
Interest expense45.81M USD22.83M USD16.19M USD5.03M USD6.82M USD
Depreciation and amortization33.52M USD33.31M USD33.32M USD31.71M USD30.4M USD
Operating income−139.1M USD−79.89M USD−14.66M USD−33.75M USD−68.3M USD
Net income−155.3M USD−99.99M USD−26.9M USD−33.05M USD−73.48M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
20%
2 beats, 7 misses, 1 met estimate
Average EPS surprise
-173.10%
10 comparable reports
Latest EPS result
-0.22
Estimate -0.27 · Beat by 18.52%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.19-0.39-0.6-0.8Q1 '25MissQ2 '25MissQ4 '25MetQ1 '26MissQ1 '26MissQ2 '26BeatQ3 '26EstimateQ4 '26Estimate
Q1 2025, reported Mar 12, 2025: actual -0.76, estimate -0.57, surprise -33.33%, Miss. Q2 2025, reported Jun 9, 2025: actual -0.49, estimate -0.44, surprise -11.36%, Miss. Q4 2025, reported Dec 11, 2025: actual -0.39, estimate -0.39, surprise 0.00%, Met estimate. Q1 2026, reported Jan 12, 2026: actual -0.67, estimate -0.39, surprise -71.79%, Miss. Q1 2026, reported Mar 16, 2026: actual -0.68, estimate -0.3, surprise -126.67%, Miss. Q2 2026, reported Jun 15, 2026: actual -0.22, estimate -0.27, surprise +18.52%, Beat. Q3 2026, reported Sep 29, 2026: actual —, estimate -0.51, surprise —, Comparison unavailable. Q4 2026, reported Nov 9, 2026: actual —, estimate -0.31, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates135.58M123.98M112.39M100.79MQ1 '25BeatQ2 '25BeatQ4 '25BeatQ1 '26BeatQ1 '26MissQ2 '26MissQ3 '26EstimateQ4 '26Estimate
Q1 2025, reported Mar 12, 2025: actual 126.57M USD, estimate 117M USD, surprise +8.18%, Beat. Q2 2025, reported Jun 9, 2025: actual 126.79M USD, estimate 124.12M USD, surprise +2.15%, Beat. Q4 2025, reported Dec 11, 2025: actual 130.37M USD, estimate 115M USD, surprise +13.36%, Beat. Q1 2026, reported Jan 12, 2026: actual 111.03M USD, estimate 110.36M USD, surprise +0.61%, Beat. Q1 2026, reported Mar 16, 2026: actual 106.76M USD, estimate 113.85M USD, surprise -6.23%, Miss. Q2 2026, reported Jun 15, 2026: actual 106M USD, estimate 110.21M USD, surprise -3.81%, Miss. Q3 2026, reported Sep 29, 2026: actual —, estimate 111.65M USD, surprise —, Comparison unavailable. Q4 2026, reported Nov 9, 2026: actual —, estimate 110.5M USD, surprise —, Comparison unavailable.

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