Company research
COMTECH TELECOMMUNICATIONS CORP /DE/
CIK 23197Updated Sep 26, 2026
SecurityCMTL · NASDAQ · equity
CMTL price & chart
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NASDAQ:CMTL on TradingView ↗About the company
Comtech Telecommunications Corp. delivers trusted mission-critical communications solutions used by military forces, government agencies, public safety organizations, mobile network operators and communities around the world. With nearly 60 years of global communications technology leadership, Comtech provides secure, resilient systems proven to perform in the world’s most demanding environments. Through advanced satellite and space communications systems and Allerium’s Next Generation 9-1-1 emergency services and location-intelligence platforms, Comtech delivers reliable connectivity across orbit, network and ground to keep essential missions, services and communities connected when it matters most. For more information, please visit comtech.com.
In the news
Recent filings
4 filing
Entry into a Material Definitive Agreement · Other Events
Items 1.01, 8.01, 9.01
SCHEDULE 13G filing
SCHEDULE 13G/A filing
SCHEDULE 13D/A - filed by Magnetar Financial LLC regarding COMTECH TELECOMMUNICATIONS CORP /DE/
Show 5 more recent filings
SCHEDULE 13D/A - filed by White Hat Capital Partners LP regarding COMTECH TELECOMMUNICATIONS CORP /DE/
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
Entry into a Material Definitive Agreement · Termination of a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities · Material Modification to Rights of Security Holders · Regulation FD Disclosure
Items 1.01, 1.02, 2.03, 3.02, 3.03, 7.01, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 740,835,000Source | 912,434,000Source | 996,237,000Source | 974,297,000Source |
| Property, Plant and Equipment, NetUSD | 43,410,000Source | 47,328,000Source | 53,029,000Source | 50,363,000Source |
| GoodwillUSD | 204,625,000Source | 284,180,000Source | 347,692,000Source | 347,692,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 40,019,000Source | 32,433,000Source | 18,961,000Source | 21,654,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 144,837,000Source | 195,595,000Source | 163,159,000Source | 123,711,000Source |
| Inventory, NetUSD | 68,955,000Source | 93,136,000Source | 105,845,000Source | 96,317,000Source |
| Assets, CurrentUSD | 270,186,000Source | 336,551,000Source | 305,486,000Source | 263,331,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 16,375,000Source | 15,387,000Source | 17,521,000Source | 21,649,000Source |
| Operating Lease, Right-of-Use AssetUSD | 30,812,000Source | 31,590,000Source | 44,410,000Source | 49,767,000Source |
| Other Assets, NoncurrentUSD | 16,790,000Source | 14,706,000Source | 17,364,000Source | 14,827,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 446,868,000Source | 426,105,000Source | 445,727,000Source | 402,508,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 4,444,000Source | 4,377,000Source | 4,310,000Source | 4,267,000Source |
| Additional Paid in CapitalUSD | 548,722,000Source | 640,145,000Source | 636,925,000Source | 625,484,000Source |
| Retained Earnings (Accumulated Deficit)USD | -6,895,000Source | 103,580,000Source | 238,913,000Source | 278,683,000Source |
| Stockholders' Equity Attributable to ParentUSD | 104,422,000Source | 306,253,000Source | 438,299,000Source | 466,585,000Source |
| Liabilities and EquityUSD | 740,835,000Source | 912,434,000Source | 996,237,000Source | 974,297,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 158,249,000Source | 183,547,000Source | 211,970,000Source | 193,457,000Source |
| Operating Lease, Liability, CurrentUSD | 7,250,000Source | 7,869,000Source | 8,645,000Source | 8,685,000Source |
| Accounts Payable, CurrentUSD | 25,965,000Source | 42,477,000Source | 64,241,000Source | 44,591,000Source |
| Operating Lease, Liability, NoncurrentUSD | 29,376,000Source | 30,258,000Source | 41,763,000Source | 44,423,000Source |
| Deferred Income Tax Liabilities, NetUSD | 4,619,000Source | 6,193,000Source | 9,494,000Source | 15,355,000Source |
| Other Liabilities, NoncurrentUSD | 3,950,000Source | 12,355,000Source | 1,844,000Source | 6,291,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 58,423,000Source | 62,245,000Source | 66,990,000Source | 72,662,000Source |
| Deferred Tax Liabilities, NetUSD | 4,432,000Source | 6,271,000Source | 8,903,000Source | 14,959,000Source |
| Dividends Payable, CurrentUSD | — | — | 0Source | 2,746,000Source |
| Long-term Debt, Current MaturitiesUSD | 4,050,000Source | 4,050,000Source | 4,375,000Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 170,486,000Source | 160,029,000Source | 130,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -33,150,000Source | 38,305,000Source | 39,709,000Source | -33,567,000Source |
| Increase (Decrease) in InventoriesUSD | -7,708,000Source | 7,763,000Source | 14,885,000Source | 20,406,000Source |
| Increase (Decrease) in Accounts PayableUSD | -15,194,000Source | -18,930,000Source | 20,362,000Source | 6,833,000Source |
| Deferred Income Tax Expense (Benefit)USD | -1,700,000Source | -2,990,000Source | -6,060,000Source | -5,856,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -8,292,000Source | -54,495,000Source | -4,433,000Source | 1,997,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -8,565,000Source | 20,142,000Source | -18,311,000Source | -19,619,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 8,565,000Source | 13,083,000Source | 18,311,000Source | 19,619,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 1,248,000Source | 3,815,000Source | 2,869,000Source | 6,109,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 24,443,000Source | 47,825,000Source | 20,051,000Source | 8,415,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 158,000Source | 268,000Source | 8,661,000Source | 11,048,000Source |
| Repayments of Long-term DebtUSD | 56,746,000Source | 48,800,000Source | 1,875,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 7,586,000Source | 13,472,000Source | -2,693,000Source | -9,207,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 40,019,000Source | 32,433,000Source | 18,961,000Source | 21,654,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 27,724,000Source | 18,097,000Source | 11,914,000Source | 4,094,000Source |
| Income Taxes Paid, NetUSD | 1,876,000Source | 4,877,000Source | 361,000Source | 2,913,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 3,120,000Source | 6,096,000Source | 10,107,000Source | 7,767,000Source |
| Amortization of Debt Issuance CostsUSD | 4,968,000Source | 3,985,000Source | 1,852,000Source | 811,000Source |
| Amortization of Intangible AssetsUSD | 21,723,000Source | 21,154,000Source | 21,396,000Source | 21,396,000Source |
| DepreciationUSD | 11,798,000Source | 12,159,000Source | 11,917,000Source | 10,303,000Source |
| Dividends Payable, CurrentUSD | — | — | 0Source | 2,746,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | -310,000Source | -889,000Source | -48,000Source | 310,000Source |
| Gain (Loss) on Disposition of BusinessUSD | 0Source | -1,199,000Source | — | — |
| GoodwillUSD | 204,625,000Source | 284,180,000Source | 347,692,000Source | 347,692,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | 9,925,000Source | 9,925,000Source | — | — |
| Income Tax Expense (Benefit)USD | -80,000Source | -295,000Source | -3,948,000Source | -4,023,000Source |
| Inventory Write-downUSD | 16,202,000Source | 2,801,000Source | 4,871,000Source | 4,447,000Source |
| Net Income (Loss) Attributable to ParentUSD | -155,302,000Source | -99,985,000Source | -26,899,000Source | -33,052,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -204,251,000Source | -135,440,000Source | -33,906,000Source | -43,268,000Source |
| Nonoperating Income (Expense)USD | -155,000Source | -678,000Source | -1,226,000Source | 703,000Source |
| Operating ExpensesUSD | 266,972,000Source | 237,069,000Source | 199,120,000Source | 213,588,000Source |
| Operating Lease, Impairment LossUSD | 1,151,000Source | 1,151,000Source | — | — |
| Proceeds from Stock Options ExercisedUSD | — | — | — | 0Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 499,528,000Source | 540,403,000Source | 549,994,000Source | 486,239,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 143,487,000Source | 123,198,000Source | 120,003,000Source | 114,858,000Source |
| Operating Income (Loss)USD | -139,098,000Source | -79,890,000Source | -14,660,000Source | -33,752,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -155,382,000Source | -100,280,000Source | -30,847,000Source | -37,075,000Source |
| Income Tax Expense (Benefit)USD | -80,000Source | -295,000Source | -3,948,000Source | -4,023,000Source |
| Net Income (Loss) Attributable to ParentUSD | -155,302,000Source | -99,985,000Source | -26,899,000Source | -33,052,000Source |
| Earnings Per Share, BasicUSD per share | -6.95Source | -4.7Source | -1.21Source | -1.63Source |
| Earnings Per Share, DilutedUSD per share | -6.95Source | -4.7Source | -1.21Source | -1.63Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 29,405,000Source | 28,799,000Source | 28,002,000Source | 26,506,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 29,405,000Source | 28,799,000Source | 28,002,000Source | 26,506,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 21,723,000Source | 21,154,000Source | 21,396,000Source | 21,396,000Source |
| Business Combination, Acquisition Related CostsUSD | — | — | 0Source | 0Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.2Source | 0.4Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 11,798,000Source | 12,159,000Source | 11,922,000Source | 10,314,000Source |
| Gross ProfitUSD | 127,874,000Source | 157,179,000Source | 184,460,000Source | 179,836,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -135,111,000Source | -65,374,000Source | -21,327,000Source | -31,772,000Source |
| Interest ExpenseUSD | 45,650,000Source | 22,153,000Source | 14,961,000Source | 5,031,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -204,251,000Source | -135,440,000Source | -33,906,000Source | -43,268,000Source |
| Nonoperating Income (Expense)USD | -155,000Source | -678,000Source | -1,226,000Source | 703,000Source |
| Operating ExpensesUSD | 266,972,000Source | 237,069,000Source | 199,120,000Source | 213,588,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 100,128,000Source | 11,551,000Source | 7,007,000Source | 5,204,000Source |
| Research and Development ExpenseUSD | 17,408,000Source | 24,077,000Source | 48,631,000Source | 52,532,000Source |
Filing attachments
ex41formoffirstamendmentto.htm · 8-K · 2026-08-03
EX-4.1 2 ex41formoffirstamendmentto.htm EX-4.1 Document Exhibit 4.1 FORM OF FIRST AMENDMENT TO COMMON STOCK PURCHASE WARRANT OF COMTECH TELECOMMUNICATIONS CORP. This FIRST AMENDMENT TO COMMON STOCK PURCHASE WARRANT (this “Amendment”) is made and entered into as of July 30, 2026, by and between Comtech Telecommunications Corp., a Delaware corporation (the “Company”), and [__________] (“Holder”). The Company and the Holder are referred to herein from time to time collectively as the “Par…
Read attachment ↗tm2617923d1_ex4-1.htm · 8-K · 2026-06-15
EX-4.1 3 tm2617923d1_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 FORM OF WARRANT TO PURCHASE SHARES OF COMMON STOCK OF COMTECH TELECOMMUNICATIONS CORP. Original Issue Date: June 14, 2026 No. W-_ ─────────────────────────────────────────────────── FOR VALUE RECEIVED, the undersigned, Comtech Telecommunications Corp., a Delaware corporation (together with its successors and assigns, the “Company”), hereby certifies that [INVESTOR] or any transferee, assignee or other subsequent holder hereof…
Read attachment ↗tm2617923d1_ex4-2.htm · 8-K · 2026-06-15
EX-4.2 4 tm2617923d1_ex4-2.htm EXHIBIT 4.2 Exhibit 4.2 FORM OF WARRANT TO PURCHASE SHARES OF COMMON STOCK OF COMTECH TELECOMMUNICATIONS CORP. Original Issue Date: _______, No. W-_ __, 202_1 FOR VALUE RECEIVED, the undersigned, Comtech Telecommunications Corp., a Delaware corporation (together with its successors and assigns, the “Company”), hereby certifies that [_______] or any transferee, assignee or other subsequent holder hereof (the “Holder”) is entitled to subscribe for an…
Read attachment ↗tm2617923d1_ex99-1.htm · 8-K · 2026-06-15
EX-99.1 12 tm2617923d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Comtech Announces Definitive Agreement to Sell Most of Its Satellite and Space Communications Business to Gilat Comtech Also Announces Amendments to Existing Credit Facilities and Convertible Preferred Stock Agreements to Strengthen Financial Flexibility Transactions Represent a Successful Outcome of the Previously Announced Strategic Review Processes and Underscore the Company's Significantly Improved Financial and Operating P…
Read attachment ↗tm2521351d1_ex99-1.htm · 8-K · 2025-07-22
EX-99.1 4 tm2521351d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Comtech Announces Amendment to Senior Secured Credit Agreement Which Improves Terms and Increases Financial Flexibility Company Also Announces Additional $35 Million Capital Infusion CHANDLER, Ariz. - July 21, 2025 - Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global communications technology leader, today announced it has negotiated amendments to its senior secured credit agreement that signif…
Read attachment ↗tm258065d1_ex4-1.htm · 8-K · 2025-03-04
EX-4.1 4 tm258065d1_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 FORM OF WARRANT TO PURCHASE SHARES OF COMMON STOCK OF COMTECH TELECOMMUNICATIONS CORP. Original Issue Date: _______, __, 202_1 No. W-_ FOR VALUE RECEIVED, the undersigned, Comtech Telecommunications Corp., a Delaware corporation (together with its successors and assigns, the “Company”), hereby certifies that [_______] or any transferee, assignee or other subsequent holder hereof (the “Holder”) is entitled to subscribe for and p…
Read attachment ↗