Comtech Telecommunications Corp.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-36.2M | $-155.3M | $-100.0M | $-26.9M | $-33.1M | $-73.5M | $7.0M | $25.0M |
| Depreciation & Amortization | $9.8M | $8.8M | $12.2M | $11.9M | $10.3M | $9.4M | $10.6M | $11.9M |
| Depreciation | $9.8M | $8.8M | $12.2M | $11.9M | $10.3M | $9.3M | $10.4M | $11.9M |
| Amortization | $14.8M | $15.2M | $21.2M | $21.4M | $21.4M | $21.0M | $21.6M | $18.3M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $37.4M | $-8.3M | $-54.5M | $-4.4M | $2.0M | $-40.6M | $52.8M | $68.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $15.2M | $8.2M | $13.1M | $18.3M | $19.6M | $16.0M | $7.2M | $8.8M |
| Business Acquisitions | — | — | — | — | — | — | — | $25.9M |
| Net Cash from Investing Activities | $-5.9M | $-8.6M | $20.1M | $-18.3M | $-19.6M | $-15.5M | $-20.2M | $-44.7M |
| Financing Activities | ||||||||
| Dividends Paid | $32.0K | $158.0K | $268.0K | $8.7M | $11.0M | $10.3M | $10.0M | $9.8M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-32.5M | $24.4M | $47.8M | $20.1M | $8.4M | $39.1M | $-30.3M | $-21.3M |
| Net Change in Cash | $-1.0M | $7.6M | $13.5M | $-2.7M | $-9.2M | $-17.0M | $2.3M | $2.1M |
| Free Cash Flow | $22.2M | $-16.5M | $-67.6M | $-22.7M | $-17.6M | $-56.7M | $45.5M | $59.2M |