Comtech Announces Financial Results for Fourth Quarter and Fiscal Year 2026
Comtech reported fiscal 2026 net sales of $249.6 million, down 17% YoY, but Adjusted EBITDA rose 26% to $20.6 million as gross margin expanded to 38.9% from 31.6%. The company posted a $51.0 million net loss from continuing operations attributable to common shareholders (EPS -$1.71), yet generated $37.4 million of consolidated operating cash flow — a sixth consecutive positive quarter — lifting liquidity to $61.3 million.
Key figures
- Revenue
- 249613000
- Revenue Yoy
- -17.0%
- Deal Value Usd
- 157500000
- Liquidity
- 61300000
- Q4 revenue
- 66232000
- Funded backlog
- 520400000
- Q4 revenue yoy
- -12.1%
- Book to bill q4
- 0.48x
- Gross margin q4
- 40.6%
- Book to bill fy26
- 1.06x
- Gross margin fy26
- 38.9%
- Net bookings fy26
- 263700000
- Q4 adjusted ebitda
- 9189000
- Revenue visibility
- 862000000
- Adjusted ebitda yoy
- +26%
- Adjusted ebitda fy26
- 20627000
- Transition costs est
- $13.0-$15.0 million
- Annual cost savings est
- $16.0-$18.0 million
- Recurring revenue share
- approximately 80%
- Advance payment received
- 10000000
- Net loss continuing fy26
- 51000000
- Operating cash flow fy26
- 25000000
- Expected net cash at close
- 128300000
- Pro forma adjusted ebitda est
- $37.0-$39.0 million
- Consolidated operating cash flow fy26
- 37410000
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