Filing Flows › Comtech Telecommunications (CMTL) › Q3 FY26 › vs Q2 FY26
Comtech Telecommunications (CMTL) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Comtech Telecommunications's revenue fell $757K (-0.7%) from $107M in Q2 FY26 to $106M in Q3 FY26. The biggest changes: Allerium −$495K (-0.9%); Satellite and Space Communications −$262K (-0.5%).
Comtech Telecommunications, Q3 FY26: revenue $106M (-16% year over year), operating margin -2.9%, net loss $3.5M, operating cash flow $6.1M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 0.6% | 0.4% | +0.2 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Allerium | $55.7M | $56.2M | −$495K | -0.9% |
| Satellite and Space Communications | $50.3M | $50.6M | −$262K | -0.5% |
| Revenue | $106M | $107M | −$757K | -0.7% |
| Other income, net | $937K | −$12.4M | $13.3M | — |
| Net loss | $3.5M | $13.6M | −$10.2M | -75% |
| Costs & expenses | $110M | $120M | −$10.0M | -8% |
| Operating costs | $109M | $108M | $1.1M | +1% |
| Income tax | $1.3M | $17K | $1.3M | 75× |
| Cost of revenue | $69.9M | $70.5M | −$600K | -0.9% |
| Research & development | $5.2M | $4.4M | $790K | +18% |
| SG&A | $29.3M | $27.7M | $1.6M | +6% |
| Other operating costs | $4.6M | $5.3M | −$711K | -13% |
| Operating cash sources | $9.6M | $18.5M | −$8.9M | -48% |
| Depreciation & amortization | $7.7M | $8.0M | −$282K | -4% |
| Share-based compensation | $1.2M | $412K | $769K | +187% |
| Working capital & other | $654K | $10.1M | −$9.4M | -94% |
| Net loss absorbed | $3.5M | $13.6M | −$10.2M | -75% |
| Operating cash flow | $6.1M | $4.9M | $1.2M | +25% |
| Free cash flow (OCF − capex) | $673K | $442K | $231K | +52% |
| Capital expenditures | $5.4M | $4.4M | $1.0M | +23% |
Questions
How much did Comtech Telecommunications's revenue grow quarter over quarter in Q3 FY26?
Comtech Telecommunications's revenue fell $757K (-0.7%) from $107M in Q2 FY26 to $106M in Q3 FY26.
What drove Comtech Telecommunications's revenue change in Q3 FY26?
Allerium −$495K (-0.9%); Satellite and Space Communications −$262K (-0.5%).