COMTECH TELECOMMUNICATIONS CORP /DE/
CMTLNasdaqTechnology · Radio & Tv Broadcasting & Communications Equipment · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $499.5M | $540.4M | $550.0M | $486.2M | $581.7M | $616.7M |
| Operating income | −$139.1M | −$79.9M | −$14.7M | −$33.8M | −$68.3M | $15.2M |
| Net income | −$155.3M | −$100.0M | −$26.9M | −$33.1M | −$73.5M | $7.0M |
| Total assets | $740.8M | $912.4M | $996.2M | $974.3M | $993.1M | $929.6M |
| Total liabilities | $446.9M | $426.1M | $445.7M | $402.5M | $492.4M | $380.3M |
| Equity | $104.4M | $306.3M | $438.3M | $466.6M | $500.7M | $549.3M |
| EPS (diluted) | $-6.95 | $-4.70 | $-1.21 | $-1.63 | $-2.86 | $0.28 |
| Shares out. | 29.6M | 28.9M | 28.1M | 27.7M | 26.3M | 25.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −27.8%
- Net margin
- −31.1%
- Return on equity
- −148.7%
- Return on assets
- −21.0%
- Return on capital (ROCE)
- −23.9%
- Liabilities / assets
- 60.3%
- Debt / equity
- 4.28×
- Book value / share
- $3.53
- Revenue growth (YoY)
- −7.6%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -0.06distress
- Accruals / assets
- −19.8%clean
- Beneish M-Score
- -3.73normal
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 4 warning● 1 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Oct 30, 2025
- NT 10-Q/Amissed a reporting deadline ↗Dec 16, 2024
- NT 10-Qmissed a reporting deadline ↗Dec 11, 2024
- NT 10-Kmissed a reporting deadline ↗Oct 16, 2024
- NT 10-Qmissed a reporting deadline ↗Jun 10, 2024
- NT 10-Q/Amissed a reporting deadline ↗Mar 13, 2024
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Qvt Financial LpPassive (13G)May 15, 2026
- Needham Investment Management LlcPassive (13G)Feb 13, 2026
- Magnetar Financial LlcActivist (13D)Jul 23, 2025
- White Hat Capital Partners LpActivist (13D)Jul 23, 2025
- Royce & Associates LpPassive (13G)Apr 29, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 305,497 | 1.7 | -36.5% |
| Apr 30, 2026 | 480,769 | 2.6 | -20.7% |
| Apr 15, 2026 | 606,152 | 2.9 | -2.5% |
| Mar 31, 2026 | 621,365 | 1.4 | +17.4% |
| Mar 13, 2026 | 529,403 | 2.8 | -25.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer changeMay 14, 2026
- Results of operationsMar 16, 2026
- Shareholder voteMar 11, 2026
- Director / officer changeJan 29, 2026
- Director / officer changeDec 11, 2025
- Results of operationsDec 11, 2025
- Results of operationsNov 10, 2025
- Director / officer changeAug 18, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (3)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.