Comtech Telecommunications annual operating margin
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2025
Comtech Telecommunications Operating Margin Growth & History (CMTL)
Comtech Telecommunications's operating margin was −27.85% for fiscal 2025.
View full Comtech Telecommunications company overviewComtech Telecommunications annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-07-31 | −27.85% | −13.06 pp |
| 2024 | 2024-07-31 | −14.78% | −12.12 pp |
| 2023 | 2023-07-31 | −2.67% | +4.28 pp |
| 2022 | 2022-07-31 | −6.94% | +4.80 pp |
| 2021 | 2021-07-31 | −11.74% | −14.20 pp |
| 2020 | 2020-07-31 | 2.46% | −3.70 pp |
| 2019 | 2019-07-31 | 6.16% | +0.02 pp |
| 2018 | 2018-07-31 | 6.15% | −0.58 pp |
| 2017 | 2017-07-31 | 6.73% | +6.87 pp |
| 2016 | 2016-07-31 | −0.14% | −11.23 pp |
| 2015 | 2015-07-31 | 11.09% | −1.56 pp |
| 2014 | 2014-07-31 | 12.65% | +1.86 pp |
| 2013 | 2013-07-31 | 10.78% | −1.28 pp |
| 2012 | 2012-07-31 | 12.06% | −5.54 pp |
| 2011 | 2011-07-31 | 17.60% | +4.24 pp |
| 2010 | 2010-07-31 | 13.36% | +0.24 pp |
| 2009 | 2009-07-31 | 13.12% | — |
Comtech Telecommunications quarterly operating margin
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Q1.24
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Q1.25
Q2.25
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Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-04-30 | −2.95% | −1.74 pp |
| Q2 2026 | 2026-01-31 | −1.16% | +6.95 pp |
| Q1 2026 | 2025-10-31 | −2.48% | +109.06 pp |
| Q4 2025 | 2025-07-31 | 1.43% | +66.00 pp |
| Q3 2025 | 2025-04-30 | −1.21% | +1.50 pp |
| Q2 2025 | 2025-01-31 | −8.10% | −10.32 pp |
| Q1 2025 | 2024-10-31 | −111.55% | −112.92 pp |
| Q4 2024 | 2024-07-31 | −64.57% | −65.32 pp |
| Q3 2024 | 2024-04-30 | −2.71% | +1.16 pp |
| Q2 2024 | 2024-01-31 | 2.21% | +2.80 pp |
| Q1 2024 | 2023-10-31 | 1.37% | +8.79 pp |
| Q4 2023 | 2023-07-31 | 0.75% | +2.39 pp |
| Q3 2023 | 2023-04-30 | −3.87% | −3.41 pp |
| Q2 2023 | 2023-01-31 | −0.58% | +19.84 pp |
| Q1 2023 | 2022-10-31 | −7.42% | −1.84 pp |
| Q4 2022 | 2022-07-31 | −1.64% | −8.27 pp |
| Q3 2022 | 2022-04-30 | −0.46% | −2.15 pp |
| Q2 2022 | 2022-01-31 | −20.43% | −23.78 pp |
| Q1 2022 | 2021-10-31 | −5.58% | +57.81 pp |
| Q4 2021 | 2021-07-31 | 6.63% | +4.75 pp |
| Q3 2021 | 2021-04-30 | 1.69% | +4.01 pp |
| Q2 2021 | 2021-01-31 | 3.35% | −0.51 pp |
| Q1 2021 | 2020-10-31 | −63.39% | −68.83 pp |
| Q4 2020 | 2020-07-31 | 1.88% | −4.02 pp |
| Q3 2020 | 2020-04-30 | −2.32% | −8.95 pp |
| Q2 2020 | 2020-01-31 | 3.86% | −3.71 pp |
| Q1 2020 | 2019-10-31 | 5.44% | +0.90 pp |
| Q4 2019 | 2019-07-31 | 5.90% | −3.65 pp |
| Q3 2019 | 2019-04-30 | 6.63% | −2.83 pp |
| Q2 2019 | 2019-01-31 | 7.56% | +3.91 pp |
| Q1 2019 | 2018-10-31 | 4.53% | +4.35 pp |
| Q4 2018 | 2018-07-31 | 9.55% | −0.45 pp |
| Q3 2018 | 2018-04-30 | 9.45% | +1.51 pp |
| Q2 2018 | 2018-01-31 | 3.65% | −5.59 pp |
| Q1 2018 | 2017-10-31 | 0.18% | +0.72 pp |
| Q4 2017 | 2017-07-31 | 10.00% | +5.10 pp |
| Q3 2017 | 2017-04-30 | 7.94% | +18.73 pp |
| Q2 2017 | 2017-01-31 | 9.24% | +4.71 pp |
| Q1 2017 | 2016-10-31 | −0.54% | −3.92 pp |
| Q4 2016 | 2016-07-31 | 4.90% | −5.53 pp |
| Q3 2016 | 2016-04-30 | −10.79% | −20.78 pp |
| Q2 2016 | 2016-01-31 | 4.53% | −8.45 pp |
| Q1 2016 | 2015-10-31 | 3.38% | −7.38 pp |
| Q4 2015 | 2015-07-31 | 10.42% | −3.07 pp |
| Q3 2015 | 2015-04-30 | 10.00% | −1.89 pp |
| Q2 2015 | 2015-01-31 | 12.99% | −0.08 pp |
| Q1 2015 | 2014-10-31 | 10.76% | −1.35 pp |
| Q4 2014 | 2014-07-31 | 13.49% | +1.90 pp |
| Q3 2014 | 2014-04-30 | 11.89% | +4.17 pp |
| Q2 2014 | 2014-01-31 | 13.07% | +5.09 pp |
| Q1 2014 | 2013-10-31 | 12.11% | −2.58 pp |
| Q4 2013 | 2013-07-31 | 11.60% | −1.08 pp |
| Q3 2013 | 2013-04-30 | 7.72% | −2.87 pp |
| Q2 2013 | 2013-01-31 | 7.97% | −2.77 pp |
| Q1 2013 | 2012-10-31 | 14.69% | +0.79 pp |
| Q4 2012 | 2012-07-31 | 12.68% | −1.96 pp |
| Q3 2012 | 2012-04-30 | 10.59% | −6.13 pp |
| Q2 2012 | 2012-01-31 | 10.75% | −4.77 pp |
| Q1 2012 | 2011-10-31 | 13.90% | −8.60 pp |
| Q4 2011 | 2011-07-31 | 14.63% | +4.67 pp |
| Q3 2011 | 2011-04-30 | 16.72% | +0.07 pp |
| Q2 2011 | 2011-01-31 | 15.52% | −0.49 pp |
| Q1 2011 | 2010-10-31 | 22.50% | +11.31 pp |
| Q4 2010 | 2010-07-31 | 9.96% | — |
| Q3 2010 | 2010-04-30 | 16.66% | — |
| Q2 2010 | 2010-01-31 | 16.01% | — |
| Q1 2010 | 2009-10-31 | 11.18% | — |
Comtech Telecommunications operating margin trends
Over the last five reported fiscal years, Comtech Telecommunications's operating margin decreased from 2.46% to −27.85%, a change of −30.31 percentage points. The latest reported quarter, Q3 2026, shows −2.95%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Comtech Telecommunications filings at SEC.gov ↗