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How Comtech Telecommunications (CMTL) makes money

Comtech Telecommunications (CMTL) made $106M of revenue in the third quarter fiscal 2026 (Q3 FY26), -16% from a year earlier. Allerium brought in $55.7M (53%); Satellite and Space Communications brought in $50.3M (47%).

Drawing the Sankey…

Comtech Telecommunications revenue by segment, Q3 FY26Comtech Telecommunications revenue by segment, Q3 FY26Allerium$55.7MSatellite and Space Communications$50.3M
Comtech Telecommunications: revenue by line, Q1 FY26 to Q3 FY26Comtech Telecommunications: revenue by line, Q1 FY26 to Q3 FY26AlleriumSatellite and Space C…Allerium: $55.7M latest$55.7MSatellite and Space Communications: $50.3M latest$50.3MQ1 FY26Q2 FY26Q3 FY26
Allerium went from 50% of revenue in Q1 FY26 to 53% in Q3 FY26, the largest shift in the mix.
Comtech Telecommunications revenue by quarterComtech Telecommunications revenue by quarter$127MQ2 FY25$127MQ3 FY25$130MQ4 FY25$111MQ1 FY26$107MQ2 FY26$106MQ3 FY26
Comtech Telecommunications: where each dollar of revenue goesComtech Telecommunications: where each dollar of revenue goesIncome tax1¢Operating cash flow6¢Free cash flow1¢

Revenue by segment, Q3 FY26

SegmentRevenueShareQ/QY/Y
Allerium$55.7M52.5%-0.9%-6%
Satellite and Space Communications$50.3M47.5%-0.5%-26%

Where each dollar of revenue goes

LineQ3 FY26% of revenue
Revenue$106M100.0%
Income tax$1.3M1.2%
Operating cash flow$6.1M5.8%
Free cash flow$673K0.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 FY26$106M-16%
Q2 FY26$107M-16%
Q1 FY26$111M-4%
Q4 FY25$130M+3%
Q3 FY25$127M-1%
Q2 FY25$127M-6%

From Comtech Telecommunications' 10-Q filed Jun 15, 2026 (on EDGAR).

Questions

How does Comtech Telecommunications make money?

Comtech Telecommunications (CMTL) made $106M of revenue in the third quarter fiscal 2026 (Q3 FY26), -16% from a year earlier. Allerium brought in $55.7M (53%); Satellite and Space Communications brought in $50.3M (47%).

What is Comtech Telecommunications' biggest business?

Allerium: $55.7M in the third quarter fiscal 2026, 53% of revenue, -6% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.