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Side-by-side financial comparison of COMTECH TELECOMMUNICATIONS CORP (CMTL) and Hut 8 Corp. (HUT). Click either name above to swap in a different company.

COMTECH TELECOMMUNICATIONS CORP is the larger business by last-quarter revenue ($111.0M vs $88.5M, roughly 1.3× Hut 8 Corp.). COMTECH TELECOMMUNICATIONS CORP runs the higher net margin — -14.3% vs -316.0%, a 301.7% gap on every dollar of revenue. On growth, Hut 8 Corp. posted the faster year-over-year revenue change (179.2% vs -4.1%). Over the past eight quarters, Hut 8 Corp.'s revenue compounded faster (30.8% CAGR vs -9.0%).

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.

Tropical Hut is a Filipino chain of fast food restaurants owned by Mercury Group of Companies, Inc. It is the 7th oldest food chain in the Philippines and older than Jollibee (1978) and McDonald's Philippines (1981).

CMTL vs HUT — Head-to-Head

Bigger by revenue
CMTL
CMTL
1.3× larger
CMTL
$111.0M
$88.5M
HUT
Growing faster (revenue YoY)
HUT
HUT
+183.3% gap
HUT
179.2%
-4.1%
CMTL
Higher net margin
CMTL
CMTL
301.7% more per $
CMTL
-14.3%
-316.0%
HUT
Faster 2-yr revenue CAGR
HUT
HUT
Annualised
HUT
30.8%
-9.0%
CMTL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CMTL
CMTL
HUT
HUT
Revenue
$111.0M
$88.5M
Net Profit
$-15.9M
$-279.7M
Gross Margin
33.1%
60.4%
Operating Margin
-2.5%
-491.4%
Net Margin
-14.3%
-316.0%
Revenue YoY
-4.1%
179.2%
Net Profit YoY
89.3%
-283.7%
EPS (diluted)
$-0.67
$-2.45

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
HUT
HUT
Q4 25
$111.0M
$88.5M
Q3 25
$130.4M
$83.5M
Q2 25
$126.8M
$41.3M
Q1 25
$126.6M
$21.8M
Q4 24
$115.8M
$31.7M
Q3 24
$126.2M
$43.7M
Q2 24
$128.1M
$35.2M
Q1 24
$134.2M
$51.7M
Net Profit
CMTL
CMTL
HUT
HUT
Q4 25
$-15.9M
$-279.7M
Q3 25
$7.9M
$50.1M
Q2 25
$33.9M
$137.3M
Q1 25
$-48.7M
$-133.9M
Q4 24
$-148.4M
$152.2M
Q3 24
$-90.8M
$647.0K
Q2 24
$2.8M
$-71.9M
Q1 24
$-10.6M
$250.9M
Gross Margin
CMTL
CMTL
HUT
HUT
Q4 25
33.1%
60.4%
Q3 25
31.2%
61.3%
Q2 25
30.7%
47.3%
Q1 25
26.7%
14.5%
Q4 24
12.5%
35.9%
Q3 24
21.5%
59.9%
Q2 24
30.4%
41.4%
Q1 24
32.2%
45.6%
Operating Margin
CMTL
CMTL
HUT
HUT
Q4 25
-2.5%
-491.4%
Q3 25
1.4%
87.0%
Q2 25
-1.2%
Q1 25
-8.1%
-676.8%
Q4 24
-111.5%
Q3 24
-64.6%
-3.6%
Q2 24
-2.7%
-246.2%
Q1 24
2.2%
Net Margin
CMTL
CMTL
HUT
HUT
Q4 25
-14.3%
-316.0%
Q3 25
6.1%
60.0%
Q2 25
26.8%
332.5%
Q1 25
-38.5%
-613.7%
Q4 24
-128.2%
480.3%
Q3 24
-71.9%
1.5%
Q2 24
2.2%
-204.1%
Q1 24
-7.9%
484.9%
EPS (diluted)
CMTL
CMTL
HUT
HUT
Q4 25
$-0.67
$-2.45
Q3 25
$-0.41
$0.43
Q2 25
$-0.49
$1.18
Q1 25
$-0.76
$-1.30
Q4 24
$-5.29
$1.41
Q3 24
$-3.48
$0.01
Q2 24
$-0.04
$-0.78
Q1 24
$-1.07
$2.76

Balance Sheet & Financial Strength

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

Metric
CMTL
CMTL
HUT
HUT
Cash + ST InvestmentsLiquidity on hand
$43.6M
$44.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$85.6M
$1.4B
Total Assets
$734.1M
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMTL
CMTL
HUT
HUT
Q4 25
$43.6M
$44.9M
Q3 25
$40.0M
$33.5M
Q2 25
$28.4M
$216.3M
Q1 25
$26.7M
$108.4M
Q4 24
$29.6M
$85.0M
Q3 24
$32.4M
Q2 24
$27.2M
Q1 24
$40.0M
$11.5M
Total Debt
CMTL
CMTL
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$300.6M
Q3 24
$297.3M
Q2 24
$328.8M
Q1 24
$177.6M
Stockholders' Equity
CMTL
CMTL
HUT
HUT
Q4 25
$85.6M
$1.4B
Q3 25
$104.4M
$1.4B
Q2 25
$115.4M
$1.3B
Q1 25
$128.7M
$960.0M
Q4 24
$150.4M
$976.7M
Q3 24
$306.3M
$703.9M
Q2 24
$406.4M
$660.1M
Q1 24
$407.0M
$732.0M
Total Assets
CMTL
CMTL
HUT
HUT
Q4 25
$734.1M
$2.8B
Q3 25
$740.8M
$2.7B
Q2 25
$751.1M
$2.0B
Q1 25
$770.6M
$1.6B
Q4 24
$793.2M
$1.5B
Q3 24
$793.2M
$1.1B
Q2 24
$991.0M
$1.1B
Q1 24
$996.8M
$999.0M
Debt / Equity
CMTL
CMTL
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.31×
Q3 24
0.42×
Q2 24
0.50×
Q1 24
0.24×

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
HUT
HUT
Operating Cash FlowLast quarter
$8.1M
$-139.2M
Free Cash FlowOCF − Capex
$4.8M
FCF MarginFCF / Revenue
4.3%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$12.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMTL
CMTL
HUT
HUT
Q4 25
$8.1M
$-139.2M
Q3 25
$11.4M
$770.0K
Q2 25
$2.3M
$-48.8M
Q1 25
$-234.0K
$-33.8M
Q4 24
$-21.8M
$-68.5M
Q3 24
$-9.5M
$-4.2M
Q2 24
$-3.8M
$-16.4M
Q1 24
$-26.7M
$-26.3M
Free Cash Flow
CMTL
CMTL
HUT
HUT
Q4 25
$4.8M
Q3 25
$9.4M
Q2 25
$-160.0K
Q1 25
$-1.9M
Q4 24
$-24.2M
Q3 24
$-12.4M
Q2 24
$-6.5M
Q1 24
$-30.9M
FCF Margin
CMTL
CMTL
HUT
HUT
Q4 25
4.3%
Q3 25
7.2%
Q2 25
-0.1%
Q1 25
-1.5%
Q4 24
-20.9%
Q3 24
-9.8%
Q2 24
-5.0%
Q1 24
-23.0%
Capex Intensity
CMTL
CMTL
HUT
HUT
Q4 25
2.9%
Q3 25
1.6%
Q2 25
1.9%
Q1 25
1.3%
Q4 24
2.1%
Q3 24
2.3%
Q2 24
2.1%
Q1 24
3.2%
Cash Conversion
CMTL
CMTL
HUT
HUT
Q4 25
Q3 25
1.45×
0.02×
Q2 25
0.07×
-0.36×
Q1 25
Q4 24
-0.45×
Q3 24
-6.49×
Q2 24
-1.36×
Q1 24
-0.11×

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%

HUT
HUT

High Performance Computing Colocation And Cloud$81.9M93%
Power$5.0M6%
Digital Infrastructure$1.6M2%

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