Comtech Telecommunications Corp. (CMTL) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 6.11M | 4.87M | 8.08M | 11.45M | 2.3M | -234K | -21.81M | -16.61M | -3.79M | -26.66M | -14.85M | -4.26M | 16.61M | -14.21M | -6.2M | -6.42M | -1.13M | 4.77M | 4.78M | 15.94M |
| Operating CF Margin % | 5.76% | 4.56% | 7.27% | 8.78% | 1.81% | -0.18% | -18.83% | -13.16% | -2.96% | -19.86% | -9.78% | -2.86% | 12.18% | -10.62% | -4.73% | -5.06% | -0.93% | 3.96% | 4.09% | 10.93% |
| Operating CF Growth % | 165.45% | 2181.2% | 137.04% | 168.91% | 160.66% | 99.12% | -46.81% | -290.3% | -122.84% | -87.68% | -139.68% | 33.75% | 1569.82% | -397.67% | -229.67% | -140.29% | -116.64% | -56.05% | 106.44% | 15.9% |
| Net Income | -32.97T | -13.63M | -15.88M | 7.91M | 33.93M | -48.74M | -148.41M | -77.14M | 2.79M | -10.56M | -1.44M | -3.54M | -7.46M | -4.8M | -11.1M | -5.17M | -25K | -21.87M | -5.98M | 7.36M |
| Depreciation & Amortization | 23.78T | 8.01M | 8.04M | 8.44M | 7.77M | 7.82M | 9.49M | 8.37M | 8.41M | 8.22M | 8.31M | 8.53M | 8.33M | 8.32M | 8.15M | 8.61M | 7.83M | 7.68M | 7.59M | 7.45M |
| Stock-Based Compensation | 2.72T | 412K | 1.13M | 600K | 1.2M | 1.17M | 155K | 0 | 404K | 2.19M | 0 | 3.81M | 4.13M | 0 | 4.67M | 3.79M | 1.07M | 9.37M | 921K | 0 |
| Deferred Taxes | 609B | -254K | -332K | -1.12M | -91K | -327K | -166K | -1.98M | -2.15M | 21K | 1.11M | -1.13M | -2.89M | -817K | -1.22M | -603K | -3.2M | -2.22M | 175K | -3.23M |
| Other Non-Cash Items | 5.86T | 8.69M | 7.59M | -11.87M | -41.02M | 36.22M | 120.04M | 51.31M | -4.6M | -173K | 3.4M | 1.59M | 1.28M | -900K | 570K | 885K | 490K | -142K | -115K | 8.58M |
| Working Capital Changes | 4.48M | 1.65M | 7.52M | 7.48M | 512K | 3.62M | -2.92M | 2.82M | -8.65M | -26.36M | -26.24M | -13.51M | 13.22M | -16M | -7.27M | -13.94M | -7.29M | 11.96M | 2.19M | -4.21M |
| Change in Receivables | 469K | 12.49M | 5.02M | 6.74M | 15.87M | 13.25M | -2.71M | 3.76M | -1.61M | -14.19M | -26.27M | -18.64M | -9.31M | -6.45M | -5.32M | -142K | 14.37M | -2.11M | 21.45M | -14.13M |
| Change in Inventory | 3.62M | 982K | 973K | 6.75M | 2.76M | -585K | -1.21M | 2.43M | -11.1M | -1.74M | 2.66M | -502K | -8.66M | -1.45M | -4.28M | -2.22M | -6.03M | -3.64M | -8.51M | 1.6M |
| Change in Payables | -596K | -2.52M | -543K | -1.26M | -15.32M | -324K | 1.71M | -11.61M | 12.03M | -24.45M | 5.1M | 2.16M | 25.14M | -5.38M | -1.55M | 12.63M | -1.3M | 1.85M | -6.35M | 2.89M |
| Cash from Investing | -5.42M | -4.43M | -3.26M | -2.04M | -2.46M | -1.65M | -2.42M | -4.18M | -615K | 28.15M | -3.22M | -3.44M | -4.96M | -2.7M | -7.22M | -5.2M | -5.61M | -5.17M | -3.64M | -7.88M |
| Capital Expenditures | -13.12T | -4.43M | -3.26M | -2.04M | -2.46M | -1.65M | -2.42M | -4.18M | -1.42M | -4.27M | -3.22M | -3.44M | -4.96M | -2.7M | -7.22M | -5.2M | -5.61M | -5.17M | -3.64M | -7.8M |
| CapEx % of Revenue | 12375940.83% | 4.15% | 2.93% | 1.56% | 1.94% | 1.31% | 2.09% | 3.31% | 1.1% | 3.18% | 2.12% | 2.31% | 3.63% | 2.02% | 5.51% | 4.09% | 4.59% | 4.3% | 3.12% | 5.35% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 800K | 32.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 13.12T | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.38M |
| Cash from Financing | -5.01M | -11.25M | -1.2M | 2.17M | 1.93M | -1.09M | 21.43M | 26.03M | -8.36M | 20.3M | 17.28M | 5.25M | -11.75M | 16.88M | 13.29M | 446K | 8.65M | 402K | -1.08M | -16.4M |
| Debt Issued (Net) | -5.01M | -11.01M | -1.01M | -269K | 3.66M | 0 | 25M | 26.1M | -6.94M | -15.09M | 18.98M | 5.28M | -8.63M | 19.67M | 18.7M | 3M | 12.5M | 6.49M | -93M | -14.04M |
| Equity Issued (Net) | 31K | 24K | 22K | 667K | -632K | 45K | 38K | -62K | 0 | 0 | 94K | 0 | 0 | 124K | 119K | 0 | 0 | 0 | 100M | 235K |
| Dividends Paid | -4K | -4K | -24K | -1K | 0 | -118K | -39K | -1K | -2K | -154K | -111K | -3K | -2.79M | -2.78M | -3.09M | -2.65M | -2.64M | -2.84M | -2.92M | -2.6M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -39.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -27K | -259K | -189K | 1.78M | -1.1M | -1.02M | -3.57M | -5K | -1.41M | 35.54M | -1.68M | -21K | -341K | -141K | -2.43M | 97K | -1.2M | -3.25M | -5.16M | -4K |
| Net Change in Cash | -4.33M | -10.81M | 3.62M | 11.59M | 1.77M | -2.98M | -2.79M | 5.24M | -12.76M | 21.84M | -845K | -2.44M | -100K | -24K | -126K | -11.18M | 1.91M | 1K | 56K | -8.34M |
| Free Cash Flow | 673K | 442K | 4.82M | 9.41M | -160K | -1.89M | -24.22M | -20.79M | -5.21M | -30.93M | -18.07M | -7.69M | 11.65M | -16.9M | -13.42M | -11.62M | -6.74M | -401K | 1.14M | 8.14M |
| FCF Margin % | 0.63% | 0.41% | 4.34% | 7.22% | -0.13% | -1.49% | -20.92% | -16.48% | -4.07% | -23.05% | -11.89% | -5.17% | 8.55% | -12.64% | -10.23% | -9.15% | -5.52% | -0.33% | 0.98% | 5.59% |
| FCF Growth % | 520.63% | 123.42% | 119.9% | 145.27% | 96.93% | 93.9% | -34.05% | -170.21% | -144.69% | -83.01% | -34.66% | 33.8% | 272.93% | -4114.96% | -1275.99% | -242.72% | -400.98% | -104.97% | 101.52% | -25.64% |
| FCF per Share | 0.02 | 0.01 | 0.16 | 0.32 | -0.01 | -0.06 | -0.82 | -0.72 | -0.18 | -1.08 | -0.63 | -0.27 | 0.42 | -0.60 | -0.48 | -0.43 | -0.25 | -0.02 | 0.04 | 0.31 |
| FCF Conversion (FCF/Net Income) | -1.77x | -0.36x | -0.51x | 1.45x | 0.07x | 0.00x | 0.15x | 0.22x | -1.36x | 1.10x | 10.34x | 1.20x | -2.23x | 2.96x | 0.56x | 1.24x | 45.20x | -0.22x | -0.80x | 2.17x |
| Interest Paid | 0 | 4.62M | 4.98M | -21.02M | 9.32M | 4.97M | 6.73M | 0 | 4.05M | 4.42M | 0 | 3.84M | 3.72M | 0 | 1.95M | 1.19M | 805K | 756K | 1.34M | 1.42M |
| Taxes Paid | 0 | 0 | 0 | -1.4M | 757K | 602K | 37K | 1.08M | 1.84M | 932K | 0 | 238K | -486K | 0 | 0 | 1.28M | 426K | 818K | 387K | 0 |