Comtech Telecommunications Corp.
TechnologyNASDAQ:CMTL · NASDAQ Global Select
+$0.24 today
Vol 0.30M · Avg 0.30M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$474.9M of revenue converted into $12.3M of net income for the selected period. Gross margin is 29.9% and net margin is 1.4%, showing how much revenue survives after costs and taxes. EPS is $-2.23, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $499.5M -7.6% | $540.4M -1.7% | $550.0M +13.1% | $486.2M -16.4% | $581.7M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $371.7M -3.0% | $383.2M +4.8% | $365.5M +19.3% | $306.4M -16.7% | $367.7M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $127.9M -18.6% | $157.2M -14.8% | $184.5M +2.6% | $179.8M -15.9% | $214.0M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 25.6% -3.5pp | 29.1% -4.5pp | 33.5% -3.4pp | 37.0% +0.2pp | 36.8% | 9.8% | 28.9% | 38.3% |
| Research & Development | $17.4M -27.7% | $24.1M -50.5% | $48.6M -7.4% | $52.5M +6.9% | $49.1M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $143.5M +29.6% | $110.7M -7.7% | $120.0M +4.5% | $114.9M +2.7% | $111.8M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $267.0M +12.6% | $237.1M +19.1% | $199.1M -6.8% | $213.6M -24.3% | $282.3M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $33.5M +0.6% | $33.3M -0.0% | $33.3M +5.1% | $31.7M +4.3% | $30.4M | $374.2M | $1.2B | $631.8M |
| EBITDA | -$76.1M -72.3% | -$44.1M -336.6% | $18.7M +5686.2% | -$334.0K +99.1% | -$37.8M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | -15.2% -7.1pp | -8.2% -11.6pp | 3.4% +3.5pp | -0.1% +6.4pp | -6.5% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$139.1M -74.1% | -$79.9M -445.0% | -$14.7M +56.6% | -$33.8M +50.6% | -$68.3M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -27.8% -13.1pp | -14.8% -12.1pp | -2.7% +4.3pp | -6.9% +4.8pp | -11.7% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 -100.0% | $703.0K +405.8% | $139.0K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $45.8M +100.6% | $22.8M +41.0% | $16.2M +221.7% | $5.0M -26.2% | $6.8M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$16.3M +20.1% | -$20.4M -26.0% | -$16.2M -387.1% | -$3.3M +50.3% | -$6.7M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | -$155.4M -54.9% | -$100.3M -225.1% | -$30.8M +16.8% | -$37.1M +50.6% | -$75.0M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | -31.1% -12.5pp | -18.6% -12.9pp | -5.6% +2.0pp | -7.6% +5.3pp | -12.9% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | -$80.0K +72.9% | -$295.0K +92.5% | -$3.9M +1.9% | -$4.0M -168.2% | -$1.5M | $1.3B | -$1.6B | $745.2M |
| Net Income | -$155.3M -55.3% | -$100.0M -271.7% | -$26.9M +18.6% | -$33.1M +55.0% | -$73.5M | $4.9B | $4.8B | $4.7B |
| Net Margin | -31.1% -12.6pp | -18.5% -13.6pp | -4.9% +1.9pp | -6.8% +5.8pp | -12.6% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$7 -47.9% | -$5 -389.6% | -$1 +23.2% | -$1 +56.3% | -$3 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$7 -47.9% | -$5 -389.6% | -$1 +23.2% | -$1 +56.3% | -$3 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $29.4M +2.1% | $28.8M +2.8% | $28.0M +5.6% | $26.5M +3.2% | $25.7M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $29.4M +2.1% | $28.8M +2.8% | $28.0M +5.6% | $26.5M +3.2% | $25.7M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Velo3D, Inc.
NASDAQ:VELO
$494.60M
Silicom Ltd.
NASDAQ:SILC
$265.05M
Soluna Holdings, Inc.
NASDAQ:SLNH
$233.47M
AmpliTech Group, Inc.
NASDAQ:AMPG
$178.26M
KVH Industries, Inc.
NASDAQ:KVHI
$168.07M
Interlink Electronics, Inc.
NASDAQ:LINK
$69.14M
MicroAlgo Inc.
NASDAQ:MLGO
$53.50M
MIND Technology, Inc.
MIND
$48.26M
RedCloud Holdings plc
RCT
$29.27M
Cambium Networks Corporation
CMBM
$3.67M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does CMTL generate?
Comtech Telecommunications Corp. (CMTL) reported $499.53M of revenue in fiscal 2025.
Is CMTL profitable?
Comtech Telecommunications Corp. (CMTL) reported -$155,302,000.00 of net income, with a net margin of -31.1%.
Explore More
Continue the stock analysis
Jump to another research area for this company.