Every 10-Q that Comtech Telecommunications (CMTL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CMTL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CMTL filings page.
Comtech Telecommunications Corp. reported quarterly net sales of $106.0 million, down from $126.8 million a year earlier, and a net loss attributable to common stockholders of $14.3 million, or $0.47 per share. For the nine months, sales were $323.8 million with a net loss to common of $54.2 million.
Total assets were $693.5 million as of April 30 2026, with stockholders’ equity of $52.5 million and substantial convertible preferred stock of $210.8 million. Operating cash flow turned positive at $19.1 million for the nine months.
Subsequent to quarter-end, Comtech agreed to sell most of its Satellite and Space Communications business for a base cash purchase price of $157.5 million, including a $10.0 million advance payment. Under its credit agreements, 65% of net proceeds will repay the senior Credit Facility and 35% will repay subordinated term loans, while key leverage and coverage covenants are suspended through July 31 2027.
Comtech Telecommunications Corp. reported weaker sales but improved profitability for the three and six months ended January 31, 2026. Net sales fell to $106.8M for the quarter and $217.8M for six months, down from $126.6M and $242.4M a year earlier. However, gross profit rose to $36.2M for the quarter and $73.0M year‑to‑date as cost of sales declined sharply. Operating loss narrowed to $1.2M for the quarter and $4.0M year‑to‑date, compared with a $139.4M operating loss in the prior‑year six‑month period that included a large impairment. After high interest expense and fair‑value adjustments on warrants and derivatives, net loss attributable to common stockholders was $20.2M for the quarter and $39.9M for six months, versus $178.2M a year earlier. Cash from operating activities turned positive at $12.9M, and cash and cash equivalents were $32.8M. The company remains highly leveraged, with $111.7M outstanding under its senior credit facility, $103.5M under a subordinated facility, and convertible preferred stock with a $213.4M liquidation preference, against stockholders’ equity of $65.6M. Management has secured multiple covenant waivers and amendments and believes existing liquidity, including revolving capacity, will fund operations for at least the next year, supported by funded backlog of $731.6M.
Comtech Telecommunications Corp. reported Q1 fiscal 2026 net sales of $111,032,000, slightly below $115,800,000 a year earlier, and a net loss attributable to common stockholders of $19,782,000 compared with a $155,862,000 loss in the prior-year quarter.
Gross profit increased to $36,766,000 from $14,516,000 as cost of sales and selling, general and administrative expenses declined sharply, reducing the operating loss to $2,757,000 from $129,170,000, which previously included large impairments and proxy solicitation costs. However, interest expense of $11,553,000 and a $1,350,000 increase in the fair value of warrants and derivatives kept results negative.
Net cash provided by operating activities improved to $8,076,000 from a use of $21,806,000, while cash and cash equivalents were $43,635,000 at October 31, 2025. Management reports available liquidity of $50,988,000 at that date, against total outstanding borrowings of $134,995,000 under the Credit Facility and $101,471,000 under the Subordinated Credit Facility, and funded backlog of $662,959,000, and believes these resources, together with expected cash flows, will support operations for at least the next year beyond the issuance date.