Comtech Telecommunications (CMTL) Operating Expenses (2009 - 2026)
Comtech Telecommunications (CMTL) recorded quarterly Operating Expenses of $37.5 million in Q1 2026, down 5.22% quarter-over-quarter from $39.5 million in Q4 2025, and down 14.86% on a YoY basis from $44.0 million in Q1 2025.
Comtech Telecommunications (CMTL) Operating Expenses (2009 - 2026) Analysis & Trends
Comtech Telecommunications' Operating Expenses history runs 18 years deep, the most recent figure standing at $37.5 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 14.86% year-over-year to $37.5 million; the TTM figure through Jan 2026 stood at $156.3 million (down 53.87% YoY), while the FY2025 annual figure was $267.0 million, up 12.61% from the prior year.
- Operating Expenses was $37.5 million for Q1 2026 at Comtech Telecommunications, down from $39.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $143.7 million in Q4 2024 to a low of $37.5 million in Q1 2026.
- Historically, Operating Expenses has averaged $55.6 million across 5 years, with a median of $46.7 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 213.75% in 2024, then plunged 72.49% in 2025.
- A 5-year view of Operating Expenses shows it stood at $56.5 million in 2022, then slipped by 18.98% to $45.8 million in 2023, then surged by 213.75% to $143.7 million in 2024, then slumped by 72.49% to $39.5 million in 2025, then retreated by 5.22% to $37.5 million in 2026.
- The last three Operating Expenses figures came in at $37.5 million (Q1 2026), $39.5 million (Q4 2025), and $38.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 6.12 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 436.11 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 691.00 Mn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 8.83 Bn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 182.50 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 79.89 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | 164.15 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | 56.91 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 527.00 Mn |
| 10 | Comtech Telecommunications | 140.28 Mn | 107.46 Mn | 36.22 Mn | 37.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 37.46 Mn |
| Oct 31, 2025 | 39.52 Mn |
| Jul 31, 2025 | 38.81 Mn |
| Apr 30, 2025 | 40.48 Mn |
| Jan 31, 2025 | 44.00 Mn |
| Oct 31, 2024 | 143.69 Mn |
| Jul 31, 2024 | 108.62 Mn |
| Apr 30, 2024 | 42.42 Mn |
| Jan 31, 2024 | 40.23 Mn |
| Oct 31, 2023 | 45.80 Mn |
| Jul 31, 2023 | 47.47 Mn |
| Apr 30, 2023 | 48.42 Mn |
| Jan 31, 2023 | 46.71 Mn |
| Oct 31, 2022 | 56.53 Mn |
| Jul 31, 2022 | 47.66 Mn |
| Apr 30, 2022 | 47.23 Mn |
| Jan 31, 2022 | 70.45 Mn |
| Oct 31, 2021 | 48.25 Mn |
| Jul 31, 2021 | 45.39 Mn |
| Apr 30, 2021 | 50.67 Mn |