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Comtech Telecommunications (Comtech Telecommunications) Gross Profit : $182.8 Mil (TTM As of Jan. 2024)


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What is Comtech Telecommunications Gross Profit?

Comtech Telecommunications's gross profit for the three months ended in Jan. 2024 was $43.2 Mil. Comtech Telecommunications's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $182.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Comtech Telecommunications's gross profit for the three months ended in Jan. 2024 was $43.2 Mil. Comtech Telecommunications's Revenue for the three months ended in Jan. 2024 was $134.2 Mil. Therefore, Comtech Telecommunications's Gross Margin % for the quarter that ended in Jan. 2024 was 32.18%.

Comtech Telecommunications had a gross margin of 32.18% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Comtech Telecommunications was 45.20%. The lowest was 32.00%. And the median was 38.12%.

Warning Sign:

Comtech Telecommunications Corp gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


Comtech Telecommunications Gross Profit Historical Data

The historical data trend for Comtech Telecommunications's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Comtech Telecommunications Gross Profit Chart

Comtech Telecommunications Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 247.44 226.83 213.96 179.84 184.46

Comtech Telecommunications Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.92 43.15 48.59 47.88 43.20

Competitive Comparison of Comtech Telecommunications's Gross Profit

For the Communication Equipment subindustry, Comtech Telecommunications's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Comtech Telecommunications's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Comtech Telecommunications's Gross Profit distribution charts can be found below:

* The bar in red indicates where Comtech Telecommunications's Gross Profit falls into.



Comtech Telecommunications Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Comtech Telecommunications's Gross Profit for the fiscal year that ended in Jul. 2023 is calculated as

Gross Profit (A: Jul. 2023 )=Revenue - Cost of Goods Sold
=549.994 - 365.534
=184.5

Comtech Telecommunications's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=134.225 - 91.027
=43.2

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $182.8 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Comtech Telecommunications's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=43.2 / 134.225
=32.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Comtech Telecommunications  (NAS:CMTL) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Comtech Telecommunications had a gross margin of 32.18% for the quarter that ended in Jan. 2024 => Competition eroding margins


Comtech Telecommunications Gross Profit Related Terms

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Comtech Telecommunications (Comtech Telecommunications) Business Description

Traded in Other Exchanges
Address
68 South Service Road, Suite 230, Melville, NY, USA, 11747
Comtech Telecommunications Corp is a provider of modern communications solutions. The company is engaged in designing, developing, producing and marketing products, systems, and services for communications solutions. It is engaged in two business segments, Satellite and Space Communications and Terrestrial and Wireless Networks. Majority of sales are generated from Satellite and Space Communications segment.
Executives
Wendi B. Carpenter director 2401 EAST 86TH ST., BLOOMINGTON MN 55425
Mark R. Quinlan director 150 EAST 52ND STREET, 21ST FLOOR, NEW YORK NY 10022
Bruce T Crawford director 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Ellen M. Lord director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Maria Hedden officer: Chief Operating Officer 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Donald E. Walther officer: Chief Legal Officer 500 108TH AVENUE NE, SUITE 1500, BELLEVUE WA 98004
Michael Bondi officer: Corporate Controller 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Ken Allen Peterman director 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Yelena Simonyuk officer: Chief Legal Officer 68 S. SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Michael Porcelain officer: VP of Finance & Internal Audit 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Yacov A Shamash director
Lisa /adv Lesavoy director 166 E 63RD ST, NEW YORK NY 10021
Judy Chambers director 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Richard L Burt officer: Sr. Vice President 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
John Branscum officer: Sr. Vice President COMTECH TELECOMMUNICATIONS CORP., 68 SOUTH SERVICE RD., SUITE 230, MELVILLE NY 11747