---
schema_version: "secwatch.filing_event.v1"
accession: "0000023197-25-000102"
form_type: "8-K"
ticker: "CMTL"
cik: "0000023197"
company_name: "COMTECH TELECOMMUNICATIONS CORP /DE/"
filed_at: "2025-12-11T23:59:59+00:00"
generated_at: "2026-05-16T13:34:33.726913+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Comtech Q1 FY2026 revenue $111M, gross margin jumps to 33.1%, net loss $19.8M

## Summary
- 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).

## SEC filing metadata
- accession: 0000023197-25-000102
- form_type: 8-K
- ticker: CMTL
- cik: 0000023197
- company_name: COMTECH TELECOMMUNICATIONS CORP /DE/
- filed_at: 2025-12-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23197/000002319725000102/0000023197-25-000102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23197/000002319725000102/cmtl-20251211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023197-25-000102
- JSON: https://secwatch.observer/filing/0000023197-25-000102.json
- Plain text: https://secwatch.observer/filing/0000023197-25-000102.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.