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Comtech Telecommunications Corp.

CMTL Technology Communication Equipment

Comtech Telecommunications Corp.’s revenue for fiscal 2026 (year ended July 2026) was $249.6 million, down 17.0% from fiscal 2025.

Revenue
−49.2%
EPS
−25.6%
Free cash flow
+72.4%
Total debt
−4.07%

Quarter to July 2026, against a year earlier

1.25 0.02 −1.57%
Market cap
$38.3M
P/E
0.0×
Fwd P/E
−0.9×
Dividend yield
—
F-score
5/9
Altman Z
0.17
Beneish M
−3.23
Dividend safety
37/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 0.00
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — 1 — — — — —
Insider Ownership 1.49%

Capital & Financial Ratios $m

Size
Market Cap 38.27
Revenue ttm 390.03
Net income ttm (36.17)
Free cash flow ttm 22.19
Net debt Q 170.36
Valuation
P/E 0.00
Forward P/E (0.90) (negative: loss-making)
Price / sales 0.10
Forward P/S Powerpack
Price / FCF 1.68
Price / book 0.96
Financial health
Current ratio Q 0.84 (below 1: weak)
Debt / equity Q 0.79
Interest coverage Q 0.85
Growth
Revenue growth Q −49.20% (below 0%: shrinking)
Operating income growth Q −109.96% (below 0%: shrinking)
EPS, this year +17.54% (at or above 15%: strong)
EPS, next year A +25.18% (at or above 15%: strong)
Revenue, next year A +6.28%
EPS, past 5 yrs —
EPS, next 5 yrs A +45.10% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.5×, against a ten-year median of 0.9×; over the ten years it ranged from 0.3× in 2024 to 1.9× in 2016.
P/S against its own 10 years 1.95%
10-year low 10-year high
P/B against its own 10 years 53.56%
10-year low 10-year high
EV/Sales against its own 10 years 9.62%
10-year low 10-year high
EV/FCF against its own 10 years 7.85%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2016–23
−29.9%/yr
  1. 1.20 ’16
  2. 0.40 ’17 −67%
  3. 0.40 ’18 +0%
  4. 0.40 ’19 +0%
  5. 0.40 ’20 +0%
  6. 0.40 ’21 +0%
  7. 0.40 ’22 +0%
  8. 0.10 ’23 −75%
paid Powerpack

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 19 32 35 35
Receivables 163 196 87 68
Inventory 106 93 7 11
Other — — — —
305 337 271 243
2023 2024 2025 2026
Payables 64 42 15 21
ST’ Debt 4 4 4 121
Other 68 67 42 44
212 184 158 291

Compound Annual Growth %

10y 5y 3y
Sales (4.86%) (15.57%) (23.15%)
Cash Flow 9.51% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (5.72%) (12.22%) (22.04%)

Earnings Trends EPS, adjusted, against the consensus

Q4 FY26 Estimate −0.27 Actual 0.00

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q1 FY26 −0.39 −0.18 Beat by 0.21
Q2 FY26 −0.30 −0.18 Beat by 0.12
Q3 FY26 −0.27 −0.22 Beat by 0.05
Q4 FY26 −0.27 0.00 Beat by 0.27
Q1 FY27 −0.24 — Reports 10 December 2026

EPS $

Oct Jan Apr Jul Year
’26 — — — — —
’26 (0.67) (0.68) (0.47) (0.49) (2.31)
’25 (5.29) (0.76) (0.49) (0.39) (6.95)
’24 (0.11) (1.07) (0.04) (3.48) (4.70)
’23 (0.46) (0.23) (0.33) (0.19) (1.21)
’22 (0.43) (0.89) (0.06) (0.26) (1.63)
’21 (3.39) 0.17 0.03 0.28 (2.86)
Fiscal quarters ending in the months shown.

Revenue $m

Oct Jan Apr Jul Year
’26 — — — — —
’26 111 107 106 66 250
’25 116 127 127 130 301
’24 152 134 128 126 540
’23 131 134 136 149 550
’22 117 120 122 127 486
’21 135 161 139 146 582
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Oct Jan Apr Jul Year
’26 — — — — —
’26 8 5 6 18 37
’25 (22) 0 2 11 (8)
’24 (15) (27) (4) (9) (54)
’23 (6) (11) 17 (4) (4)
’22 5 5 (1) (6) 2
’21 (74) 11 7 16 (41)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Oct Jan Apr Jul Year
’26 — — — — —
’26 5 0 1 17 23
’25 (24) (2) 0 10 (17)
’24 (18) (31) (5) (14) (68)
’23 (13) (13) 12 (8) (23)
’22 1 0 (7) (12) (18)
’21 (75) 8 2 8 (57)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to July

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 550 571 672 617 582 486 550 540 301 250 (8.4%) 265 276 — +5.2%
Gross margin, % 39.64 39.25 36.83 36.78 36.78 36.99 33.54 29.09 31.64 38.93 (0.7) pt
EBT 25 25 29 9 (75) (37) (31) (100) (19) (17) n/m
EBT margin, % 4.63 4.32 4.30 1.51 (12.89) (7.62) (5.61) (18.56) (6.41) (6.98) (11.6) pt
Net income 16 30 25 7 (73) (33) (27) (100) (155) (36) n/m
Per share, $
Per share, $ Revenue 23.49 23.95 27.85 24.87 22.65 18.34 19.64 18.76 10.23 8.36 (10.8%)
Earnings 0.68 1.25 1.04 0.28 (2.86) (1.63) (1.21) (4.70) (6.95) (2.31) n/m
Cash flow 2.86 2.11 2.82 2.13 (1.58) 0.08 (0.16) (1.89) (0.28) 1.25 (8.7%)
Capex (0.35) (0.36) (0.36) (0.29) (0.62) (0.74) (0.65) (0.45) (0.28) (0.49) +3.9%
Free cash flow 2.51 1.75 2.46 1.84 (2.21) (0.66) (0.81) (2.35) (0.56) 0.76 (12.4%)
Book value 20.49 21.22 22.18 22.15 19.49 21.57 19.66 16.89 10.00 8.74 (9.0%)
Shares, m 23 24 24 25 26 27 28 29 29 30 +2.7%
Valuation, ×
Valuation, × P/E 26.87 27.10 28.89 56.62 0.00 0.00 0.00 0.00 0.00 0.00 13.9
P/S 0.77 1.40 1.07 0.66 1.12 0.62 0.52 0.17 0.13 0.13 0.7
P/B 0.88 1.58 1.34 0.74 1.30 0.65 0.65 0.30 0.61 1.29 0.9
EV/Sales 1.04 1.62 1.27 0.84 1.43 0.86 0.78 0.44 0.49 0.57 0.9
EV/FCF 9.76 22.14 14.42 11.36 (14.65) (23.80) (18.90) (3.53) (14.68) 9.94 (0.8)
Cash, $m
Cash, $m Operating cash flow 67 50 68 53 (41) 2 (4) (54) (8) 37 (6.3%)
Capex (8) (9) (9) (7) (16) (20) (18) (13) (8) (15) +6.7%
Free cash flow 59 42 59 46 (57) (18) (23) (68) (17) 23 (10.0%)
Balance, $m
Balance, $m Working capital 97 114 135 117 84 70 94 153 113 (47) n/m
Net debt 152 123 120 110 179 117 145 145 179 170 +1.3%
Shareholders’ equity 480 506 535 549 501 572 551 486 294 261 (6.6%)
Returns, %
Returns, % ROA 1.81 3.55 2.89 0.77 (7.64) (4.40) (3.44) (14.19) (24.69) (9.59) (11.4) pt
ROIC 3.66 3.49 3.95 1.44 (6.28) (3.06) (1.32) (7.91) (3.95) (2.63) (6.3) pt
ROE 3.33 6.04 4.81 1.29 (14.00) (8.95) (7.49) (36.38) (99.47) (96.19) (99.5) pt
People
People Employees 1,813 1,852 2,013 2,034 2,038 1,993 1,718 1,676 1,385 1,292 (3.7%)
Revenue/emp, $m 0.30 0.31 0.33 0.30 0.29 0.24 0.32 0.32 0.22 0.19 (4.9%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jul 2026 · latest quarter Jul 2026 · fundamentals updated 2 Nov 2026

Comtech Telecommunications Corp. vs peers in Communication Equipment (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
OCC Optical Cable Corporation $102.0M 39.8× — (loss-making) +21.99% (above 0%: growing) +425.00% (above 0%: growing) +156.41% (above 0%: growing) 37.43% 8.69% Compare
AMPG AmpliTech Group, Inc. $79.5M — (loss-making) — (loss-making) −26.81% (below 0%: shrinking) n/m −3.69% (below 0%: shrinking) 27.93% (39.60%) Compare
INSG Inseego $78.8M 33.6× — (loss-making) +9.35% (above 0%: growing) n/m −283.33% (below 0%: shrinking) 33.75% (16.45%) Compare
AIRG Airgain, Inc. $54.8M — (loss-making) — (loss-making) +0.55% (above 0%: growing) n/m −1,715.93% (below 0%: shrinking) 42.26% (12.30%) Compare
WATT Energous Corporation $50.6M — (loss-making) — (loss-making) +216.82% (above 0%: growing) n/m −90.60% (below 0%: shrinking) 3.04% (103.37%) Compare
CMTL Comtech Telecommunications Corp. $38.3M — (loss-making) — (loss-making) −49.20% (below 0%: shrinking) n/m +72.38% (above 0%: growing) (17.94%) (16.71%)
BOSC B.O.S. Better Online Solutions $30.1M 8.0× 8.0× +28.85% (above 0%: growing) +46.15% (above 0%: growing) +208.74% (above 0%: growing) 22.95% 7.20% Compare
FKWL Franklin Wireless Corp. $25.8M — (loss-making) 54.8× +21.21% (above 0%: growing) n/m −138.43% (below 0%: shrinking) 9.03% (21.50%) Compare
UTSI UTStarcom Holdings Corp $21.0M — (loss-making) — (loss-making) −25.06% (below 0%: shrinking) n/m −244.19% (below 0%: shrinking) 27.96% 0.00% Compare
Median of peers $52.7M 33.6× — +15.28% — −114.52% 27.95% (14.37%)

All 46 Communication Equipment stocks →

Pay and ownership Proxy statement filed 30 January 2026

Ownership

Directors and executive officers, together 2.20%
Magnetar Financial LLC 39.10% of the votes
Affiliates of White Hat Capital Partners LP 8.20% of the votes
Needham Investment Management LLC 3.20% of the votes
Royce & Associates LP 2.80% of the votes
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Comtech Telecommunications Corp. (CMTL) Latest News

19 Oct

Impact 4 · · The Motley Fool

17 Oct

Impact 4 · · Simply Wall St.

15 Oct

Impact 4 · · The Motley Fool transcript
Impact 4 · · Moby

14 Oct

Impact 4 ·
Impact 4 · · Business Wire
Impact 3 · · Associated Press
Impact 3 · · Zacks

5 Oct

Impact 3 · · Business Wire

24 Aug

Impact 3 ·

30 Jun

Impact 4 ·

24 Jun

Impact 4 · · Zacks
Impact 3 · · Zacks

23 Jun

Impact 4 · · Business Wire

19 Jun

Impact 3 ·

18 Jun

Impact 4 ·

17 Jun

Impact 3 · transcript

16 Jun

Impact 4 ·
Impact 3 · · Moby

15 Jun

Impact 4 ·
Impact 4 ·
Impact 4 ·
Impact 4 ·
Impact 3 ·
Impact 3 · · MarketBeat transcript
Impact 3 ·

25 May

Impact 3 · · Zacks

12 May

Impact 4 · · Business Wire

8 Apr

Impact 4 · · Business Wire

27 Mar

Impact 4 · · Zacks
stockrow.com/CMTL · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com