CMTLNasdaqRadio & Tv Broadcasting & Communications EquipmentFiscal year ends July 31
COMTECH TELECOMMUNICATIONS CORP /DE/
Financials through Q4 FY2026, quarter ended Jul 31, 2026Last filing: 10-K on Oct 14, 2026
$1.37−0.02 (-1.44%)
Close on Oct 19, 2026
- Market cap
- $40.98M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
38.9%+2.1 pts over 5 years
Operating margin
-7.3%+4.5 pts over 5 years
Net margin
-14.5%−1.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -17.0% | -23.2% | -15.6% | -4.9% | |
| Gross profit | +2.1% | -19.2% | -14.6% | -5.5% | |
| Free cash flow | – | – | – | +9.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 3.3% | -14.0% | -50.5% | |
| Return on assets | 1.8% | -7.6% | -5.0% | |
| Current ratio | 1.67 | 1.41 | 0.84 | |
| Debt to equity | 0.40 | 0.40 | – | |
| Net debt to EBITDA | – | -2.89× | – | |
| Interest coverage | 3.2× | -10.0× | -0.9× | |
| Inventory turnover | 5.0× | 4.5× | 17.5× | |
| Capex to revenue | 1.5% | 2.8% | 6.1% | |
| Diluted shares | 23M | 26M | 30M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Comtech Telecommunications generated $106.63M from operations and spent $94.63M on capital expenditure, dividends and share buybacks. 79% of that went back into the business.
Generated
$106.63M
Used
$94.63M
Capital expenditure$74.46M79%Dividends$20.17M21%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-14.5%
×Asset turnover0.35×
×Equity multiplier10.03×
=Return on equity, FY2026-50.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -14.5% | 0.35× | 10.03× | -50.5% |
| FY2025 | -51.6% | 0.39× | 3.74× | -75.6% |
| FY2024 | -18.5% | 0.60× | 2.40× | -26.9% |
| FY2023 | -4.9% | 0.56× | 2.18× | -5.9% |
| FY2022 | -6.8% | 0.49× | 2.03× | -6.8% |
| FY2021 | -12.6% | 0.61× | 1.83× | -14.0% |
| FY2020 | 1.1% | 0.68× | 1.68× | 1.3% |
| FY2019 | 3.7% | 0.78× | 1.66× | 4.8% |
| FY2018 | 5.2% | 0.68× | 1.70× | 6.0% |
| FY2017 | 2.9% | 0.63× | 1.84× | 3.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
4of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$36.17M
- Cash generatingOperating cash flow above zero$37.41M
- Return on assets improvedROA up on the prior year-19.6% → -4.9%
- Earnings backed by cashOperating cash flow above net income$37.41M vs -$36.17M
- Less leverageLong-term debt to assets fell15.4% → –
- Better liquidityCurrent ratio rose1.71 → 0.84
- No dilutionShare count did not rise29M → 30M
- Gross margin improvedGross margin up on the prior year31.64% → 38.93%
- More efficientAsset turnover rose0.38 → 0.34