Comtech Telecommunications Corp. (CMTL)

CMTL Income Statement

Financials in millions USD. Fiscal year is August - July.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Revenue	494.76	499.53	540.4	549.99	486.24	581.7
Revenue Growth (YoY)	-1.89%	-7.56%	-1.74%	13.11%	-16.41%	-5.68%
Cost of Revenue	344.64	371.65	383.22	365.53	305.3	366.69
Gross Profit	150.12	127.87	157.18	184.46	180.94	215
Selling, General & Admin	110.28	127.89	110.7	120	108.89	109.01
Research & Development	17.49	17.41	24.08	48.63	52.53	49.15
Amortization of Goodwill & Intangibles	20.17	21.72	21.15	21.4	21.4	21.02
Operating Expenses	147.94	167.02	155.93	190.03	182.82	179.18
Operating Income	2.18	-39.14	1.25	-5.57	-1.88	35.82
Interest Expense	-55.24	-54.63	-23.99	-14.96	-5.03	-6.82
Interest & Investment Income	0.22	-	-	-	0.7	0.14
Other Non Operating Income (Expenses)	43.15	38.34	3.6	-1.23	1.01	-
EBT Excluding Unusual Items	-9.68	-55.43	-19.14	-21.76	-5.2	29.14
Merger & Restructuring Charges	-11.5	-15.6	-12.5	-	-5.97	-103.07
Impairment of Goodwill	-	-79.56	-64.5	-	-	-
Gain (Loss) on Sale of Assets	-	-	-1.2	-	-	-
Asset Writedown	-	-	-0.03	-	-	-
Other Unusual Items	-3.37	-4.8	-2.92	-9.09	-25.91	-1.05
Pretax Income	-24.55	-155.38	-100.28	-30.85	-37.08	-74.98
Income Tax Expense	-1.77	-0.08	-0.3	-3.95	-4.02	-1.5
Net Income	-22.77	-155.3	-99.99	-26.9	-33.05	-73.48
Preferred Dividends & Other Adjustments	45.4	48.95	35.46	7.01	10.22	-
Net Income to Common	-68.17	-204.25	-135.44	-33.91	-43.27	-73.48
Shares Outstanding (Basic)	36	29	29	28	27	26
Shares Outstanding (Diluted)	36	29	29	28	27	26
Shares Change (YoY)	61.41%	2.10%	2.85%	5.64%	3.20%	3.16%
EPS (Basic)	-1.89	-6.95	-4.70	-1.21	-1.63	-2.86
EPS (Diluted)	-1.90	-6.95	-4.70	-1.21	-1.63	-2.86
Free Cash Flow	12.18	-16.86	-67.58	-22.74	-17.62	-56.68
Free Cash Flow Per Share	0.34	-0.57	-2.35	-0.81	-0.67	-2.21
Dividend Per Share	-	-	-	0.200	0.400	0.400
Dividend Growth	-	-	-	-50.00%	-	-
Gross Margin	30.34%	25.60%	29.09%	33.54%	37.21%	36.96%
Operating Margin	0.44%	-7.84%	0.23%	-1.01%	-0.39%	6.16%
Profit Margin	-13.78%	-40.89%	-25.06%	-6.17%	-8.90%	-12.63%
Free Cash Flow Margin	2.46%	-3.38%	-12.50%	-4.13%	-3.62%	-9.74%
EBITDA	34.52	-5.36	35.52	28.71	30.3	66.22
EBITDA Margin	6.98%	-1.07%	6.57%	5.22%	6.23%	11.38%
D&A For EBITDA	32.34	33.78	34.27	34.28	32.18	30.4
EBIT	2.18	-39.14	1.25	-5.57	-1.88	35.82
EBIT Margin	0.44%	-7.84%	0.23%	-1.01%	-0.39%	6.16%

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q