vs

Side-by-side financial comparison of COMTECH TELECOMMUNICATIONS CORP (CMTL) and Commercial Vehicle Group, Inc. (CVGI). Click either name above to swap in a different company.

Commercial Vehicle Group, Inc. is the larger business by last-quarter revenue ($154.8M vs $111.0M, roughly 1.4× COMTECH TELECOMMUNICATIONS CORP). On growth, COMTECH TELECOMMUNICATIONS CORP posted the faster year-over-year revenue change (-4.1% vs -5.2%). Commercial Vehicle Group, Inc. produced more free cash flow last quarter ($8.7M vs $4.8M). Over the past eight quarters, COMTECH TELECOMMUNICATIONS CORP's revenue compounded faster (-9.0% CAGR vs -10.8%).

Comtech Telecommunications Corp is a global provider of advanced communication technologies, including satellite communication systems, terrestrial network infrastructure, and location-based services. It serves government, defense, mobile network operator, and enterprise clients across North America, Europe, and Asia Pacific, focusing on reliable, secure connectivity solutions for critical use cases.

WABCO Holdings, Inc. was a U.S.-based provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. In 2007, the Vehicle Control Systems was spun off as WABCO Holdings Inc., an American provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. Their products are present in many commercial vehicles such as trucks, buses, trailers and off-highway vehicles but they ...

CMTL vs CVGI — Head-to-Head

Bigger by revenue
CVGI
CVGI
1.4× larger
CVGI
$154.8M
$111.0M
CMTL
Growing faster (revenue YoY)
CMTL
CMTL
+1.1% gap
CMTL
-4.1%
-5.2%
CVGI
More free cash flow
CVGI
CVGI
$3.9M more FCF
CVGI
$8.7M
$4.8M
CMTL
Faster 2-yr revenue CAGR
CMTL
CMTL
Annualised
CMTL
-9.0%
-10.8%
CVGI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CMTL
CMTL
CVGI
CVGI
Revenue
$111.0M
$154.8M
Net Profit
$-15.9M
Gross Margin
33.1%
9.7%
Operating Margin
-2.5%
-1.2%
Net Margin
-14.3%
Revenue YoY
-4.1%
-5.2%
Net Profit YoY
89.3%
EPS (diluted)
$-0.67

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CMTL
CMTL
CVGI
CVGI
Q4 25
$111.0M
$154.8M
Q3 25
$130.4M
$152.5M
Q2 25
$126.8M
$172.0M
Q1 25
$126.6M
$169.8M
Q4 24
$115.8M
$163.3M
Q3 24
$126.2M
$171.8M
Q2 24
$128.1M
$193.7M
Q1 24
$134.2M
$194.6M
Net Profit
CMTL
CMTL
CVGI
CVGI
Q4 25
$-15.9M
Q3 25
$7.9M
$-7.1M
Q2 25
$33.9M
$-4.8M
Q1 25
$-48.7M
$-4.3M
Q4 24
$-148.4M
Q3 24
$-90.8M
$9.5M
Q2 24
$2.8M
$-1.6M
Q1 24
$-10.6M
$2.9M
Gross Margin
CMTL
CMTL
CVGI
CVGI
Q4 25
33.1%
9.7%
Q3 25
31.2%
10.5%
Q2 25
30.7%
11.4%
Q1 25
26.7%
10.5%
Q4 24
12.5%
8.0%
Q3 24
21.5%
9.6%
Q2 24
30.4%
10.6%
Q1 24
32.2%
11.9%
Operating Margin
CMTL
CMTL
CVGI
CVGI
Q4 25
-2.5%
-1.2%
Q3 25
1.4%
-0.7%
Q2 25
-1.2%
0.5%
Q1 25
-8.1%
0.8%
Q4 24
-111.5%
-3.2%
Q3 24
-64.6%
-0.6%
Q2 24
-2.7%
0.5%
Q1 24
2.2%
2.3%
Net Margin
CMTL
CMTL
CVGI
CVGI
Q4 25
-14.3%
Q3 25
6.1%
-4.6%
Q2 25
26.8%
-2.8%
Q1 25
-38.5%
-2.5%
Q4 24
-128.2%
Q3 24
-71.9%
5.5%
Q2 24
2.2%
-0.8%
Q1 24
-7.9%
1.5%
EPS (diluted)
CMTL
CMTL
CVGI
CVGI
Q4 25
$-0.67
Q3 25
$-0.41
Q2 25
$-0.49
Q1 25
$-0.76
Q4 24
$-5.29
Q3 24
$-3.48
Q2 24
$-0.04
$-0.05
Q1 24
$-1.07
$0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CMTL
CMTL
CVGI
CVGI
Cash + ST InvestmentsLiquidity on hand
$43.6M
Total DebtLower is stronger
$104.9M
Stockholders' EquityBook value
$85.6M
$133.4M
Total Assets
$734.1M
$391.7M
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMTL
CMTL
CVGI
CVGI
Q4 25
$43.6M
Q3 25
$40.0M
Q2 25
$28.4M
Q1 25
$26.7M
Q4 24
$29.6M
Q3 24
$32.4M
Q2 24
$27.2M
Q1 24
$40.0M
Total Debt
CMTL
CMTL
CVGI
CVGI
Q4 25
$104.9M
Q3 25
$108.2M
Q2 25
$118.2M
Q1 25
$117.4M
Q4 24
$135.5M
Q3 24
$128.8M
Q2 24
$142.0M
Q1 24
$155.7M
Stockholders' Equity
CMTL
CMTL
CVGI
CVGI
Q4 25
$85.6M
$133.4M
Q3 25
$104.4M
$136.5M
Q2 25
$115.4M
$142.6M
Q1 25
$128.7M
$136.7M
Q4 24
$150.4M
$135.6M
Q3 24
$306.3M
$179.3M
Q2 24
$406.4M
$169.6M
Q1 24
$407.0M
$175.5M
Total Assets
CMTL
CMTL
CVGI
CVGI
Q4 25
$734.1M
$391.7M
Q3 25
$740.8M
$400.3M
Q2 25
$751.1M
$429.8M
Q1 25
$770.6M
$419.8M
Q4 24
$793.2M
$424.6M
Q3 24
$793.2M
$495.3M
Q2 24
$991.0M
$503.2M
Q1 24
$996.8M
$509.2M
Debt / Equity
CMTL
CMTL
CVGI
CVGI
Q4 25
0.79×
Q3 25
0.79×
Q2 25
0.83×
Q1 25
0.86×
Q4 24
1.00×
Q3 24
0.72×
Q2 24
0.84×
Q1 24
0.89×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CMTL
CMTL
CVGI
CVGI
Operating Cash FlowLast quarter
$8.1M
$12.3M
Free Cash FlowOCF − Capex
$4.8M
$8.7M
FCF MarginFCF / Revenue
4.3%
5.6%
Capex IntensityCapex / Revenue
2.9%
2.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$12.2M
$34.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMTL
CMTL
CVGI
CVGI
Q4 25
$8.1M
$12.3M
Q3 25
$11.4M
$-1.7M
Q2 25
$2.3M
$18.9M
Q1 25
$-234.0K
$15.2M
Q4 24
$-21.8M
$-26.6M
Q3 24
$-9.5M
$-17.1M
Q2 24
$-3.8M
$12.6M
Q1 24
$-26.7M
$-2.4M
Free Cash Flow
CMTL
CMTL
CVGI
CVGI
Q4 25
$4.8M
$8.7M
Q3 25
$9.4M
$-3.5M
Q2 25
$-160.0K
$17.4M
Q1 25
$-1.9M
$11.4M
Q4 24
$-24.2M
$-30.6M
Q3 24
$-12.4M
$-20.3M
Q2 24
$-6.5M
$6.4M
Q1 24
$-30.9M
$-7.4M
FCF Margin
CMTL
CMTL
CVGI
CVGI
Q4 25
4.3%
5.6%
Q3 25
7.2%
-2.3%
Q2 25
-0.1%
10.1%
Q1 25
-1.5%
6.7%
Q4 24
-20.9%
-18.7%
Q3 24
-9.8%
-11.8%
Q2 24
-5.0%
3.3%
Q1 24
-23.0%
-3.8%
Capex Intensity
CMTL
CMTL
CVGI
CVGI
Q4 25
2.9%
2.3%
Q3 25
1.6%
1.2%
Q2 25
1.9%
0.9%
Q1 25
1.3%
2.2%
Q4 24
2.1%
2.4%
Q3 24
2.3%
1.9%
Q2 24
2.1%
3.2%
Q1 24
3.2%
2.6%
Cash Conversion
CMTL
CMTL
CVGI
CVGI
Q4 25
Q3 25
1.45×
Q2 25
0.07×
Q1 25
Q4 24
Q3 24
-1.79×
Q2 24
-1.36×
Q1 24
-0.80×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CMTL
CMTL

Satellite And Space Communications Segment$55.1M50%
Transferred At Point In Time$39.4M36%
Satellite And Space Communications$16.3M15%
Terrestrial And Wireless Networks$1.1M1%

CVGI
CVGI

Global Seating$70.7M46%
Global Electrical Systems$49.7M32%
Trim Systems And Components$34.4M22%

Related Comparisons