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CMTL Financials COMTECH TELECOMMUNICATIONS CORP /DE/

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 15.6% per year over the past 5 years.
  • Operating margin has expanded, at -7.3% in the latest year.

Financial health

  • Total debt has grown faster than revenue (-4.5% vs -15.6% per year).
  • Operating income covered interest expense -0.9× in the latest year.

Shareholder returns

  • Dividends have been paid for 15 consecutive years, consuming 0.1% of free cash flow.
  • The dividend has declined 68.5% per year over the past 5 years.
Revenue & net income
-$155M $258M $672M $0 2012 2014 2016 2018 2020 2022 2024 2026
RevenueNet income
Margins (gross / operating / net)
-52% -5% 42% 0% 2012 2014 2016 2018 2020 2022 2024 2026
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-149% -71% 8% 0% 2012 2014 2016 2018 2020 2022 2024 2026
ROEROA
Free cash flow (CFO − capex)
-$68M -$4M $59M $0 2012 2014 2016 2018 2020 2022 2024 2026
Free cash flow
Cash vs total debt
$0 $184M $368M 2012 2014 2016 2018 2020 2022 2024 2026
CashTotal debt
Cash flow: operating / investing / financing
-$286M -$50M $187M $0 2012 2014 2016 2018 2020 2022 2024 2026
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2026 $250M -$36M 38.9% -7.3% -93.0% -5.2% $22M — $35M
2025 $301M -$155M 31.6% -9.9% -148.7% -20.9% -$17M $118M $35M
2024 $540M -$100M 29.1% -14.8% -32.6% -12.6% -$68M $178M $32M
2023 $550M -$27M 33.5% -2.7% -6.1% -2.7% -$23M $164M $19M
2022 $486M -$33M 37.0% -6.9% -7.1% -3.4% -$18M $130M $22M
2021 $582M -$73M 36.8% -11.7% -14.7% -7.4% -$57M $201M $31M
2020 $617M $7M 36.8% 2.5% 1.3% 0.8% $46M $150M $48M
2019 $672M $25M 36.8% 6.2% 4.7% 2.8% $59M $165M $46M
2018 $571M $30M 39.2% 6.1% 5.9% 3.5% $42M $165M $43M
2017 $550M $16M 39.6% 6.7% 3.3% 1.9% $59M $192M $42M
2016 $411M -$8M 41.7% -0.1% -1.6% -0.8% $9M $251M $67M
2015 — $23M — — 5.8% 4.9% $18M $0 $151M
2014 — $25M — — 6.3% 5.3% $30M — $155M
2013 — $18M — — 4.4% 2.6% $32M — $357M
2012 — $32M — — 7.5% 4.5% $47M — $368M

Valuation over time

How the market has priced CMTL against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 0.4 0.8 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S
Dividend yield (%)
0.0 7.6 15.3 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
Dividend yield %

Frequently asked questions

Is CMTL growing its revenue and profit?

Over the past 5 years, COMTECH TELECOMMUNICATIONS CORP /DE/'s revenue has declined 15.6% per year. These are computed facts, not advice.

How much debt does CMTL have?

As of FY2026, COMTECH TELECOMMUNICATIONS CORP /DE/ reported — of total debt against $35M of cash; operating income covered interest expense -0.9×.

What is CMTL's profit margin?

In FY2026, gross margin was 38.9%, operating margin -7.3%, and net margin -14.5%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.