stockrowComtech 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
Follow CMTL
Alert me
Comtech Telecommunications Corp. (CMTL) Altman Z-score
Comtech Telecommunications Corp.'s Altman Z-score for fiscal 2026 is 0.17, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 0.17 | (0.35) |
| FY2025 | 0.53 | (0.27) |
| FY2024 | 0.79 | (0.54) |
| FY2023 | 1.33 | 0.00 |
| FY2022 | 1.33 | (0.38) |
| FY2021 | 1.71 | (0.43) |
| FY2020 | 2.14 | (0.84) |
| FY2019 | 2.98 | (0.08) |
| FY2018 | 3.06 | 0.75 |
| FY2017 | 2.32 | 0.84 |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | (0.07) | — | −0.08 | |
| Retained earnings / total assets | (0.06) | — | −0.09 | |
| EBIT / total assets | (0.03) | — | −0.09 | |
| Market value of equity / total liabilities | 0.12 | — | 0.07 | |
| Sales / total assets | 0.36 | — | 0.36 | |
| Altman Z-score | Distress zone | 0.17 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −0.19 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| OCC Optical Cable Corporation compare | 3.8× |
| FKWL Franklin Wireless Corp. compare | 3.0× |
| AMPG AmpliTech Group, Inc. compare | 1.5× |
| BOSC B.O.S. Better Online Solutions compare | 1.1× |
| CMTL Comtech Telecommunications Corp. | 0.2× |
| AIRG Airgain, Inc. compare | −0.3× |
| INSG Inseego compare | −10.5× |
| UTSI UTStarcom Holdings Corp compare | −30.6× |
| WATT Energous Corporation compare | −34.3× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets