Comtech Telecommunications (CMTL) Operating Margin (2009 - 2026)
Comtech Telecommunications (CMTL) reported Operating Margin of 2.95% for Q2 2026, down 174.0% year-over-year from 3.98% in Q2 2025, and down 154.39% on a QoQ basis from 1.16% in Q1 2026.
Comtech Telecommunications (CMTL) Operating Margin (2009 - 2026) Analysis & Trends
Comtech Telecommunications' Operating Margin history runs 18 years deep, the most recent figure standing at 2.95% for Q2 2026.
- Operating Margin for Q2 2026 came in at 2.95%, down 174.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 1.16% (up 4375.0% YoY), and the FY2025 annual result was 27.85%, down 1306.0% from the prior year.
- Operating Margin came in at 2.95% for Q2 2026 at Comtech Telecommunications, down from 1.16% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 2.21% in Q1 2024 to a low of 111.55% in Q4 2024.
- A 5-year average of 12.28% and a median of 1.85% in 2025 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin plunged 11292 bps in 2024 and jumped 10906 bps in 2025, its largest moves.
- Over 5 years, Operating Margin stood at 7.42% in 2022, then soared by 119 bps to 1.37% in 2023, then sank by 8223 bps to 111.55% in 2024, then surged by 98 bps to 2.48% in 2025, then retreated by 19 bps to 2.95% in 2026.
- The last three Operating Margin figures came in at 2.95% (Q2 2026), 1.16% (Q1 2026), and 2.48% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 469.93 Bn | 453.29 Bn | 10.08 Bn | 25.00% |
| 2 | Motorola Solutions | 65.69 Bn | 64.83 Bn | 1.36 Bn | 19.34% |
| 3 | Hewlett Packard Enterprise | 63.18 Bn | 58.34 Bn | 8.25 Bn | 5.05% |
| 4 | Ciena | 60.70 Bn | 59.40 Bn | 625.52 Mn | 13.27% |
| 5 | Lumentum Holdings | 60.35 Bn | 57.18 Bn | 357.00 Mn | 21.59% |
| 6 | Ubiquiti | 35.71 Bn | 35.34 Bn | 370.71 Mn | 36.90% |
| 7 | AST SpaceMobile | 23.10 Bn | 23.68 Bn | -69.36 Mn | -1,584.72% |
| 8 | Applied Optoelectronics | 12.30 Bn | 11.86 Bn | 43.92 Mn | -8.60% |
| 9 | Zebra Technologies | 11.58 Bn | 11.47 Bn | 742.00 Mn | 14.38% |
| 10 | Comtech Telecommunications | 71.28 Mn | 42.78 Mn | 36.07 Mn | -2.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -2.95% |
| Jan 31, 2026 | -1.16% |
| Oct 31, 2025 | -2.48% |
| Jul 31, 2025 | 1.43% |
| Apr 30, 2025 | -1.21% |
| Jan 31, 2025 | -8.10% |
| Oct 31, 2024 | -111.55% |
| Jul 31, 2024 | -64.57% |
| Apr 30, 2024 | -2.71% |
| Jan 31, 2024 | 2.21% |
| Oct 31, 2023 | 1.37% |
| Jul 31, 2023 | 0.75% |
| Apr 30, 2023 | -3.87% |
| Jan 31, 2023 | -0.58% |
| Oct 31, 2022 | -7.42% |
| Jul 31, 2022 | 0.60% |
| Apr 30, 2022 | -0.46% |
| Jan 31, 2022 | -20.43% |
| Oct 31, 2021 | -5.58% |
| Jul 31, 2021 | 6.63% |