Company Analysis

Comtech Telecommunications Corp. (CMTL)

Nasdaq: CMTL · Radio & Tv Broadcasting & Communications Equipment · Chandler, AZ · filing with the SEC since 1995
Grade3.2
◀ Past 3.2● Present 2.7▶ Future 3.7
1 est.

The grade of Comtech Telecommunications Corp.

Nine metrics read from its own filings, by tense
Headline grade
3.2/10
◀ Past3.230% of the headline
● Present2.740% of the headline
▶ Future3.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.2/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
2.9/10

Has it survived what it has been through?

8 warning events since 2017; the latest 2025-10-30.

weight 33% of this tense · 29th percentile among 21 sector filers · read for itself

From the record

Comtech Telecommunications Corp.'s filings since 2017 show 8 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2024-12-23); a late-report notice (Form NT 10-K or NT 10-Q, 7 times, the latest 2025-10-30) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.9/10

What has it actually done, year after year?

-8.4% a year over 10 filed years; profitable in 4 of 10.

weight 45% of this tense · 19th percentile among 21 sector filers · read for its customers

From the record

Comtech Telecommunications Corp.'s 10 filed years say what it did: revenue went from $550 million in fiscal 2017 to $250 million in fiscal 2026, down 8.4% a year; it rose in 3 of 9 years; the deepest fall was 63% from fiscal 2019 to fiscal 2026; net income was positive in 4 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-8.4%bottom 8% of its family
  • the share of years revenue rosebottom 2% of its family
  • the share of filed years with a profittop 50% of its family
  • the deepest fall from a revenue peak62.8%bottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
6.4/10

How has it treated the people who own it?

SI estimate 6.4/10, confidence 35 of 100 (one part).

weight 22% of this tense · 64th percentile among 21 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 36% of 21 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 21 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Comtech Telecommunications Corp.'s shareholder treatment is put at 6.4 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 36% of 21 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.7/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.2/10

Is it financially healthy right now?

ROE -93%: lost 93¢ per shareholder dollar. Leverage 94%: owes 94¢ per asset dollar.

weight 45% of this tense · 32nd percentile among 21 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-07-31, Comtech Telecommunications Corp. lost about 93 cents for every dollar of shareholders' money, and gross profitability: its products earned about 14 cents per dollar of everything the company owns. Leverage: it owed about 94 cents per dollar of assets, and net share issuance: its share count grew 1.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 7% of its family
  • return on equitybottom 18% of its family
  • gross profit against assetsbottom 34% of its family
  • the share count against the year beforetop 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.4/10

How strong is its position in its industry?

bottom 34% of 21 in its family; net margin -14.5%.

weight 33% of this tense · 34th percentile among 21 sector filers · read for its customers

From the record

Comtech Telecommunications Corp.'s standing among 21 graded names in its industry family: revenue of $250 million in fiscal 2026 ranks in the top 50% by size; a net margin of -14.5% ranks in the bottom 40%; revenue growth of -23.1% a year over the last 3 filed years ranks in the bottom 13% (its annual reports).

What it rests on

  • revenue against the family$250Mtop 50% of its family
  • net margin-14.5%bottom 40% of its family
  • three-year revenue growth-23.1%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
0.6/10

What are the people in charge doing?

bottom 6% of 13 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 6th percentile among 13 sector filers · read for its shareholders

From the record

Comtech Telecommunications Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Traub, Kenneth (Chairman, President and CEO, as filed), filing under that title since 2025-01-27, 1.8 years (bottom 4% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 2.4 years (bottom 4%); 20 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 9%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge20 in three years among 12 peoplebottom 9% of its family
  • the median years the people in charge have filed2.4 yearsbottom 4% of its family
  • the chief executive's years on the record1.8 yearsbottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.8/10

How much room does it have to grow?

bottom 38% of 21 in its family for room to expand.

weight 45% of this tense · 38th percentile among 21 sector filers · read for itself

From the record

Comtech Telecommunications Corp.'s room to grow, from the newest filed statements (fiscal 2026): cash of $35 million against no long-term debt tagged leaves 5% of its assets as net cash, bottom 40% of its family; cash from operations less capital spending is 8.9% of revenue (top 45%); a gross margin of 38.9% (bottom 39%); research spending of 4.6% of revenue (bottom 17%) (its annual report).

What it rests on

  • cash less debt against assets5.0%bottom 40% of its family
  • cash from operations less capital spending against revenue8.9%top 45% of its family
  • gross margin38.9%bottom 39% of its family
  • research spending against revenue4.6%bottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.1/10

What could actually drive growth from here?

bottom 21% of 21 in its family for growth drivers.

weight 33% of this tense · 21st percentile among 21 sector filers · read for its customers

From the record

Comtech Telecommunications Corp.'s growth drivers, from the filed years to fiscal 2026: revenue grew -23.1% a year over the last three filed years against -8.4% over all 10, slowing (bottom 29% of its family); the newest year grew -17% (bottom 7%); research spending grew -38% a year (bottom 2%); capital spending grew -6% a year (bottom 45%) (its annual reports). Comtech Telecommunications Corp. reported 4 lines of business in fiscal 2025: Satellite and Space Segment Communications at $269 million, Satellite and Space Communications at $269 million, Allerium at $230 million, and 1 more. 2 of 4 grew in the latest filed year, and the largest line is 27% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span-14.7 points a yearbottom 29% of its family
  • the newest year's revenue growth-17.0%bottom 7% of its family
  • three-year growth of research spending-38.0%bottom 2% of its family
  • three-year growth of capital spending-6.0%bottom 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.1/10

Did its newest year beat what its own record pointed to?

top 39% of 19 in its family for expectations against reality.

weight 22% of this tense · 61st percentile among 19 sector filers · read for its shareholders

From the record

Comtech Telecommunications Corp.'s newest year against its own record: revenue of $250 million in fiscal 2026 came in 12.1% above the $223 million its prior three years' pace pointed to (top 39% of its family); net income of $36 million against a prior three-year average of $94 million (top 32%); a net margin of -14.5% against -25% before (top 45%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace12.1%top 39% of its family
  • net income against the prior three years' average+62%top 32% of its family
  • net margin against its prior average+10.5 pointstop 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CMTL · research, not advice