COMTECH TELECOMMUNICATIONS CORP /DE/
For the period ended Jul 31, 2026. Filed Oct 14, 2026.
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FY2026 · Filed Oct 14, 2026
CMTL$1.19+6.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheets as of July 31, 2026 and 2025
As of July 31, 2026 and 2025
| Assets | 2026 | 2025 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $34,978,000 | 35,371,000 |
| Accounts receivable, net | 67,803,000 | 87,176,000 |
| Inventories, net | 10,510,000 | 6,936,000 |
| Prepaid expenses and other current assets | 12,627,000 | 13,775,000 |
| Current assets of discontinued operations held for sale (See Note 2) | 117,341,000 | 127,987,000 |
| Total current assets | 243,259,000 | 271,245,000 |
| Property, plant and equipment, net | 30,976,000 | 27,960,000 |
| Operating lease right-of-use assets, net | 9,914,000 | 9,527,000 |
| Goodwill | 176,126,000 | 176,126,000 |
| Intangibles with finite lives, net | 120,664,000 | 135,427,000 |
| Deferred financing costs, net | 1,454,000 | 1,908,000 |
| Other assets, net | 9,324,000 | 10,457,000 |
| Non-current assets of discontinued operations held for sale (See Note 2) | 104,045,000 | 109,246,000 |
| Total assets | $695,762,000 | 741,896,000 |
| Liabilities, Convertible Preferred Stock and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $20,751,000 | 14,660,000 |
| Accrued expenses and other current liabilities | 47,362,000 | 41,076,000 |
| Current portion of credit facility, net | 76,609,000 | 4,050,000 |
| Current portion of subordinated credit facility, net | 44,408,000 | — |
| Operating lease liabilities, current | 3,210,000 | 3,426,000 |
| Contract liabilities | 43,758,000 | 41,955,000 |
| Interest payable | 283,000 | 15,000 |
| Current liabilities of discontinued operations held for sale (See Note 2) | 54,190,000 | 53,067,000 |
| Total current liabilities | 290,571,000 | 158,249,000 |
| Non-current portion of credit facility, net | 21,400,000 | 114,414,000 |
| Non-current portion of subordinated credit facility, net | 62,920,000 | 95,588,000 |
| Operating lease liabilities, non-current | 9,423,000 | 8,907,000 |
| Income taxes payable, non-current | 1,444,000 | 1,611,000 |
| Long-term contract liabilities | 16,429,000 | 21,005,000 |
| Warrant and derivative liabilities | 4,481,000 | 17,849,000 |
| Other liabilities | 3,509,000 | 3,450,000 |
| Non-current liabilities of discontinued operations held for sale (See Note 2) | 24,698,000 | 26,856,000 |
| Total liabilities | 434,875,000 | 447,929,000 |
| Commitments and contingencies (See Note 14) | ||
| Convertible preferred stock, par value $0.10 per share; authorized and issued 178,181 shares at July 31, 2026 (redemption value of $223,156,000, which includes accrued dividends of $1,661,000) and authorized and issued 178,181 shares at July 31, 2025 (redemption value of $204,153,000, which includes accrued dividends of $1,520,000) | 221,983,000 | 189,545,000 |
| Stockholders’ equity: | ||
| Preferred stock, par value $0.10 per share; authorized and unissued 1,821,819 shares at July 31, 2026 and 2025, respectively | — | — |
| Common stock, par value $0.10 per share; authorized 100,000,000 shares; issued 45,025,294 shares and 44,443,626 shares at July 31, 2026 and 2025, respectively | 4,502,000 | 4,444,000 |
| Additional paid-in capital | 519,315,000 | 548,722,000 |
| Accumulated deficit | (43,064,000) | (6,895,000) |
| 480,753,000 | 546,271,000 | |
| Less: | ||
| Treasury stock, at cost (15,033,317 shares at July 31, 2026 and 2025) | (441,849,000) | (441,849,000) |
| Total stockholders’ equity | 38,904,000 | 104,422,000 |
| Total liabilities, convertible preferred stock and stockholders’ equity | $695,762,000 | 741,896,000 |
F - 8
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