Comtech Telecommunications Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $249.6M | $300.9M | $540.4M | $550.0M | $486.2M | $581.7M | $616.7M | $671.8M |
| Cost of Revenue | $152.4M | $205.7M | $383.2M | $365.5M | $306.4M | $367.7M | $389.9M | $424.4M |
| Gross Profit | $97.2M | $95.2M | $157.2M | $184.5M | $179.8M | $214.0M | $226.8M | $247.4M |
| Gross Margin | 38.9% | 31.6% | 29.1% | 33.5% | 37.0% | 36.8% | 36.8% | 36.8% |
| Operating Expenses | ||||||||
| Research & Development | $11.6M | $11.7M | $24.1M | $48.6M | $52.5M | $49.1M | $52.2M | $56.4M |
| SG&A Expense | $87.9M | $88.1M | $123.2M | $120.0M | $114.9M | $111.8M | $117.1M | $128.6M |
| Operating Income | $-18.2M | $-29.9M | $-79.9M | $-14.7M | $-33.8M | $-68.3M | $15.2M | $41.4M |
| Operating Margin | -7.3% | -9.9% | -14.8% | -2.7% | -6.9% | -11.7% | 2.5% | 6.2% |
| Interest Expense | — | $45.7M | $22.2M | $15.0M | $5.0M | $6.8M | $6.1M | $9.2M |
| Pretax Income | $-17.4M | $-19.3M | $-100.3M | $-30.8M | $-37.1M | $-75.0M | $9.3M | $28.9M |
| Income Tax Expense | $847.0K | $-279.0K | $-295.0K | $-3.9M | $-4.0M | $-1.5M | $2.3M | $3.9M |
| Net Income | $-36.2M | $-155.3M | $-100.0M | $-26.9M | $-33.1M | $-73.5M | $7.0M | $25.0M |
| Net Margin | -14.5% | -51.6% | -18.5% | -4.9% | -6.8% | -12.6% | 1.1% | 3.7% |
| EPS (Basic) | $-2.31 | $-6.95 | $-4.70 | $-1.21 | $-1.63 | $-2.86 | $0.28 | $1.04 |
| EPS (Diluted) | $-2.31 | $-6.95 | $-4.70 | $-1.21 | $-1.63 | $-2.86 | $0.28 | $1.03 |
| Shares Outstanding (Basic) | 29.8M | 29.4M | 28.8M | 28.0M | 26.5M | 25.7M | 24.8M | 24.1M |
| Shares Outstanding (Diluted) | 29.8M | 29.4M | 28.8M | 28.0M | 26.5M | 25.7M | 24.9M | 24.3M |
| Dividends Per Share | — | — | — | $0.20 | $0.40 | $0.40 | $0.40 | $0.40 |