earnings
confidence high
sentiment neutral
materiality 0.65
Comtech Q1 FY2026 revenue $111M, gross margin jumps to 33.1%, net loss $19.8M
COMTECH TELECOMMUNICATIONS CORP /DE/
2026-Q1 EPS reported
-$0.67
revenue$111,032,000
- Consolidated net sales $111.0M, down 4.1% YoY; gross margin 33.1% vs 12.5% a year ago due to inventory write-down reversal and restructuring.
- Operating loss $2.8M; net loss attributable to common $19.8M; Adjusted EBITDA $9.6M (8.7% of sales).
- Net bookings $101.9M (book-to-bill 0.92x); funded backlog $663M; excludes $130M+ contract extension with Tier 1 MNO secured in November.
- GAAP operating cash flow $8.1M – third consecutive positive quarter; total liquidity $51M at quarter end.
- S&S segment net sales $55.1M (-6.5% YoY); Allerium net sales $55.9M (-1.8% YoY).