What is the 13F Pro Quality Score for CMTL?

13F Pro ranks COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View CMTL's current score at https://13fpro.ai/company/CMTL (free sign-up required for the full ranking).

Where does 13F Pro source CMTL data?

All COMTECH TELECOMMUNICATIONS CORP /DE/ fundamentals and ownership data come directly from SEC EDGAR. COMTECH TELECOMMUNICATIONS CORP /DE/ files with the SEC under CIK 23197. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is CMTL in?

COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL) is classified in the Technology sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/technology.

How often is CMTL research updated on 13F Pro?

CMTL's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

COMTECH TELECOMMUNICATIONS CORP /DE/(CMTL)Stock Analysis

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13F Pro Quality Score

32.9/100

Rank #2,408 of 2,962 stocks

View Technology peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

8.5/100

Profitability

33.7/100

Balance Sheet

25.0/100

Earnings Quality

46.9/100

Free Cash Flow

36.8/100

Institutional Flow

5.3/100

Revenue Scale

35.5/100

Dilution Risk

69.9/100

Email me the moment this company reports earnings

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Why CMTL Scores 33/100

exact factor attribution · 2026-09-11

CMTL's composite is driven by earnings growth and shareholder dilution, held back by revenue growth and capital efficiency. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Earnings growth

+1.9 pts

87th pct

Shareholder dilution

+1.0 pts

70th pct

Earnings quality

-0.3 pts

47th pct

Free cash flow

-2.0 pts

37th pct

Scale

-2.2 pts

36th pct

Institutional flow

-2.2 pts

5th pct

Profitability

-2.4 pts

34th pct

Capital efficiency

-2.5 pts

25th pct

Revenue growth

-8.3 pts

9th pct

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

CMTL Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL), a Technology sector company. 13F Pro's AI-powered ranking engine scores CMTL at 32.9/100 on a 32-signal composite quality model, placing it at rank #2,408 of 2,962 stocks — the bottom half of the AI-ranked universe. Areas of concern include institutional flow (5.3) and revenue growth (8.5), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), COMTECH TELECOMMUNICATIONS CORP /DE/ reports quarterly revenue of $106.0M, net income of $-3.5M, an operating margin of -2.9%. Top institutional holders of CMTL by reported 13-F value include QVT Financial, VANGUARD CAPITAL MANAGEMENT, Beacon Pointe Advisors, based on the most recent SEC filings. CMTL trades on the Nasdaq exchange and files with the SEC under CIK 23197. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CMTL daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for COMTECH TELECOMMUNICATIONS CORP /DE/ directly from SEC EDGAR. COMTECH TELECOMMUNICATIONS CORP /DE/'s 13F Pro composite quality score has ranged between 23 and 45 since 2021, currently 32.9 — an improving long-term trajectory across 67 quarterly and live scoring snapshots.

✦

Fun facts about COMTECH TELECOMMUNICATIONS CORP /DE/

Quirks, history, and lore behind CMTL — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. defense and government technology company · listed on Nasdaq · headquartered on Long Island, New York · small-cap.
2
The Numbers
Annual revenue in the range of $500–600 million — most of it flowing from U.S. government contracts, making Washington D.C. effectively its biggest customer.
3
The History
Founded in the 1960s, it has spent decades building expertise in satellite communications and secure data links for military and civilian agencies alike.
4
The Secret
A surprising chunk of its work involves keeping soldiers and first responders connected in the field — think ruggedized, over-the-horizon communications where cell towers fear to tread.
5
The Lore
Its troposcatter technology — bouncing signals off the atmosphere — sounds like something from a Cold War spy novel, and honestly, it kind of is.
6
The Giveaway
Its name fuses communications with technology, its ticker is four letters ending in TL, and it sells SATCOM terminals to the U.S. military under a very literal corporate banner.

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Revenue

Q1 2026

$106.0M

Net Income

Q1 2026

$-3.5M

Free Cash Flow

Q1 2026

$673.0K

Operating Margin

Q1 2026

-2.9%

ROIC

Q1 2026

-7.8%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

-7.6% YoY

$499.5MFY 2025

FY22 $486.2MFY23 $550.0MFY24 $540.4MFY25 $499.5M

Net Income

-55.3% YoY

$-155.3MFY 2025

FY22 $-33.1MFY23 $-26.9MFY24 $-100.0MFY25 $-155.3M

Operating Income

-74.1% YoY

$-139.1MFY 2025

FY22 $-33.8MFY23 $-14.7MFY24 $-79.9MFY25 $-139.1M

EPS (Diluted)

-47.9% YoY

$-6.95FY 2025

FY22 $-1.63FY23 $-1.21FY24 $-4.70FY25 $-6.95

Total Assets

-6.6% YoY

$740.8MFY 2025

FY22 $974.3MFY23 $996.2MFY24 $793.2MFY25 $740.8M

Total Debt

-33.3% YoY

$118.5MFY 2025

FY22 $130.0MFY23 $164.4MFY24 $177.6MFY25 $118.5M

Op. Cash Flow

+84.8% YoY

$-8.3MFY 2025

FY22 $2.0MFY23 $-4.4MFY24 $-54.5MFY25 $-8.3M

Free Cash Flow

+75.1% YoY

$-16.9MFY 2025

FY22 $-17.6MFY23 $-22.7MFY24 $-67.6MFY25 $-16.9M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$499.5M -7.6%	$540.4M -1.7%	$550.0M +13.1%	$486.2M -16.4%	$581.7M -5.7%	$616.7M
Net Income	$-155.3M -55.3%	$-100.0M -271.7%	$-26.9M +18.6%	$-33.1M +55.0%	$-73.5M -1146.7%	$7.0M
Operating Income	$-139.1M -74.1%	$-79.9M -445.0%	$-14.7M +56.6%	$-33.8M +50.6%	$-68.3M -550.1%	$15.2M
EPS (Diluted)	$-6.95 -47.9%	$-4.70 -288.4%	$-1.21 +25.8%	$-1.63 +43.0%	$-2.86 -1121.4%	$0.28
Total Assets	$740.8M -6.6%	$793.2M -20.4%	$996.2M +2.3%	$974.3M -1.9%	$993.1M +6.8%	$929.6M
Total Debt	$118.5M -33.3%	$177.6M +8.0%	$164.4M +26.5%	$130.0M -35.3%	$201.0M +34.4%	$149.5M
Operating Cash Flow	$-8.3M +84.8%	$-54.5M -1129.3%	$-4.4M -322.0%	$2.0M +104.9%	$-40.6M -177.0%	$52.8M
Free Cash Flow	$-16.9M +75.1%	$-67.6M -197.1%	$-22.7M -29.1%	$-17.6M +68.9%	$-56.7M -224.5%	$45.5M

AI Insight: CMTL Financial Trends

Comtech arrested revenue decline and swung to modest profitability in Q3 2025, but has since deteriorated on weak topline and eroding equity base.

• Revenue fell 18% from Q3 2025 ($130M) to Q2 2026 ($106M); net losses resumed after Q2–Q3 2025 profitability window.

• Debt collapsed from $175M (Q3 2024) to $108M (Q2 2026); however equity halved to $52M, signaling balance-sheet stress.

• Operating cash flow turned positive from Q1 2025 onwards, stabilizing near $5–11M quarterly, though insufficient to offset operating losses.

⚠ Equity has shrunk 83% since Q3 2024 ($306M → $52M); debt-to-equity ratio inverted sharply, indicating solvency risk.

⚠ Q3 2025 marked the only profitable quarter; reversion to losses and revenue decline in latest two quarters signals unsustainable turnaround.

AI Insight: CMTL Ratio Trends

CMTL remains unprofitable across all returns metrics; modest operating margin recovery in Q3 2025 reversed, with leverage now at two-year high.

• Operating margin bounced to 1.4% in Q3 2025 but has deteriorated since, reaching -2.9% in Q2 2026; NPM swung from +26.8% in Q2 2025 to -3.3% in Q2 2026.

• Debt-to-equity spiked to 2.06 in TTM (Q2 2026), highest on record, from 0.04 in Q3 2025; leverage has doubled in nine months.

• ROE and ROA remain deeply negative across all recent quarters; ROIC briefly positive at 6.9% in Q3 2025 but has turned negative again.

⚠ Net profit margin turned negative again (-3.3% in Q2 2026) after brief profitability in Q2–Q3 2025; sustainability of near-break-even operations unclear.

⚠ Debt-to-equity surge to 2.06 signals aggressive refinancing or capital structure stress; monitor ability to service debt under ongoing losses.

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Available Research

13F Pro tracks comprehensive data for COMTECH TELECOMMUNICATIONS CORP /DE/ including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of CMTL

QVT Financial LP
$3.3M1,676,031 sh
VANGUARD CAPITAL MANAGEMENT LLC
$2.7M1,306,904 sh
Beacon Pointe Advisors, LLC
$2.6M1,246,044 sh
TCW GROUP INC
$2.0M726,806 sh
NEEDHAM INVESTMENT MANAGEMENT LLC
$1.9M906,360 sh
MML INVESTORS SERVICES, LLC
$1.4M689,702 sh
ACADIAN ASSET MANAGEMENT LLC
$1.3M599,792 sh
MARSHALL WACE, LLP
$1.2M553,248 sh
BlackRock, Inc.
$1.1M505,956 sh
JANE STREET GROUP, LLC
$1.0M479,922 sh

Fund	Value	Shares
QVT Financial LP	$3.3M	1,676,031
VANGUARD CAPITAL MANAGEMENT LLC	$2.7M	1,306,904
Beacon Pointe Advisors, LLC	$2.6M	1,246,044
TCW GROUP INC	$2.0M	726,806
NEEDHAM INVESTMENT MANAGEMENT LLC	$1.9M	906,360
MML INVESTORS SERVICES, LLC	$1.4M	689,702
ACADIAN ASSET MANAGEMENT LLC	$1.3M	599,792
MARSHALL WACE, LLP	$1.2M	553,248
BlackRock, Inc.	$1.1M	505,956
JANE STREET GROUP, LLC	$1.0M	479,922

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Is CMTL a good stock to buy?

13F Pro's AI-powered analysis of COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for CMTL are available on the CMTL stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. CMTL is classified as a small company.

Which hedge funds own CMTL?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling CMTL. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of COMTECH TELECOMMUNICATIONS CORP /DE/'s investment landscape.