# Comtech Telecommunications Corp. (CMTL)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $135M  
**Price:** $4.59 (+6.99%)

> Comtech Telecommunications Corp. is a global technology company specializing in mission-critical communications solutions for public safety, military, defense, and commercial sectors. Operating through two main segments—Satellite and Space Communications, and Allerium—the company delivers advanced technologies that enable resilient connectivity across challenging environments. The Satellite and Space Communications segment provides ground station infrastructure, satellite modems, power amplifiers, and frequency converters that facilitate voice, video, and data transmission over GEO, MEO, and LEO satellite constellations, supporting military operations and critical infrastructure. Allerium offers life-saving public safety solutions, including emergency communication systems. Comtech serves government agencies, defense contractors, enterprise customers, and commercial clients worldwide, combining over fifty years of proven expertise to develop secure, reliable communications technologies for mission-critical applications where connectivity and continuity are essential.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $500M | $128M | -$139M | -$155M | — |
| 2024 | $540M | $157M | -$80M | -$100M | — |
| 2023 | $550M | $184M | -$15M | -$27M | — |
| 2022 | $486M | $180M | -$34M | -$33M | — |
| 2021 | $582M | $214M | -$68M | -$73M | — |
| 2020 | $617M | $227M | $15M | $7M | — |
| 2019 | $672M | $247M | $41M | $25M | — |
| 2018 | $571M | $224M | $35M | $30M | — |
| 2017 | $550M | $218M | $37M | $16M | — |
| 2016 | $411M | $171M | -$576,000 | -$8M | — |
| 2015 | $307M | $139M | $34M | $23M | — |
| 2014 | $347M | $151M | $44M | $25M | — |
| 2013 | $320M | $141M | $34M | $18M | — |
| 2012 | $425M | $184M | $51M | $32M | — |
| 2011 | $612M | $241M | $108M | $68M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $741M | $447M | $104M | $40M | $114M |
| 2024 | $793M | $426M | $306M | $32M | $174M |
| 2023 | $996M | $446M | $438M | $19M | $160M |
| 2022 | $974M | $403M | $467M | $22M | $130M |
| 2021 | $993M | $492M | $501M | $31M | $201M |
| 2020 | $930M | $380M | $549M | $48M | $150M |
| 2019 | $888M | $353M | $535M | $46M | $165M |
| 2018 | $845M | $339M | $506M | $43M | $148M |
| 2017 | $832M | $352M | $480M | $42M | $176M |
| 2016 | $921M | $451M | $470M | $67M | $240M |
| 2015 | $474M | $72M | $401M | $151M | — |
| 2014 | $474M | $77M | $397M | $155M | — |
| 2013 | $682M | $278M | $404M | $357M | — |
| 2012 | $720M | $290M | $429M | $368M | — |
| 2011 | $938M | $308M | $629M | $559M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$8M | $9M | -$17M |
| 2024 | -$54M | $13M | -$68M |
| 2023 | -$4M | $18M | -$23M |
| 2022 | $2M | $20M | -$18M |
| 2021 | -$41M | $16M | -$57M |
| 2020 | $53M | $7M | $46M |
| 2019 | $68M | $9M | $59M |
| 2018 | $50M | $9M | $42M |
| 2017 | $67M | $8M | $59M |
| 2016 | $15M | $6M | $9M |
| 2015 | $22M | $3M | $18M |
| 2014 | $35M | $5M | $30M |
| 2013 | $38M | $5M | $32M |
| 2012 | $53M | $6M | $47M |
| 2011 | $97M | $7M | $90M |

Source: [CompaniesByCap](https://companiesbycap.com/company/CMTL)