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AI brief of an SEC Form 8-K · COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)

Comtech fiscal 2026 sales fall 17% to $249.6 million; net loss narrows to $51.0 million

Mixed Impact 3 of 5 earnings Written later

Comtech reported results for fiscal 2026, ended July 31, 2026, with net sales down 17.0% to $249.6 million as legacy U.S. Army contracts wound down. The net loss from continuing operations attributable to common stockholders narrowed to $51.0 million from $67.9 million, and adjusted EBITDA rose 26% to $20.6 million, while the fourth-quarter net loss widened slightly to $9.4 million. The results cover continuing operations only, excluding the S&S business that Comtech agreed to sell to a Gilat affiliate for $157.5 million, a deal expected to close in calendar 2026.

Key points

  • Fiscal 2026 net sales were $249.6 million, down 17.0% from $300.9 million in fiscal 2025.
  • Fiscal 2026 net loss from continuing operations attributable to common stockholders was $51.0 million, compared with $67.9 million a year earlier.
  • Adjusted EBITDA rose 26% to $20.6 million, and operating cash flow was $25.0 million versus cash used of $29.2 million in fiscal 2025.
  • Fourth-quarter net sales were $66.2 million, down 12.1%, and the fourth-quarter net loss was $9.4 million versus $9.1 million a year earlier.

The filing

CompanyCOMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
Form8-K, current report
Filed with the SECOct 14, 2026, 4:38 PM ET
Accession number0000023197-26-000111

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 14, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.