vs

Side-by-side financial comparison of COMTECH TELECOMMUNICATIONS CORP (CMTL) and Piedmont Realty Trust, Inc. (PDM). Click either name above to swap in a different company.

Piedmont Realty Trust, Inc. is the larger business by last-quarter revenue ($143.3M vs $111.0M, roughly 1.3× COMTECH TELECOMMUNICATIONS CORP). COMTECH TELECOMMUNICATIONS CORP runs the higher net margin — -14.3% vs -31.4%, a 17.1% gap on every dollar of revenue. On growth, Piedmont Realty Trust, Inc. posted the faster year-over-year revenue change (0.4% vs -4.1%). Over the past eight quarters, Piedmont Realty Trust, Inc.'s revenue compounded faster (0.0% 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.

Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.

CMTL vs PDM — Head-to-Head

Bigger by revenue
PDM
PDM
1.3× larger
PDM
$143.3M
$111.0M
CMTL
Growing faster (revenue YoY)
PDM
PDM
+4.5% gap
PDM
0.4%
-4.1%
CMTL
Higher net margin
CMTL
CMTL
17.1% more per $
CMTL
-14.3%
-31.4%
PDM
Faster 2-yr revenue CAGR
PDM
PDM
Annualised
PDM
0.0%
-9.0%
CMTL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CMTL
CMTL
PDM
PDM
Revenue
$111.0M
$143.3M
Net Profit
$-15.9M
$-45.0M
Gross Margin
33.1%
Operating Margin
-2.5%
Net Margin
-14.3%
-31.4%
Revenue YoY
-4.1%
0.4%
Net Profit YoY
89.3%
-27.9%
EPS (diluted)
$-0.67
$-0.10

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
PDM
PDM
Q1 26
$143.3M
Q4 25
$111.0M
$142.9M
Q3 25
$130.4M
$139.2M
Q2 25
$126.8M
$140.3M
Q1 25
$126.6M
$142.7M
Q4 24
$115.8M
$143.2M
Q3 24
$126.2M
$139.3M
Q2 24
$128.1M
$143.3M
Net Profit
CMTL
CMTL
PDM
PDM
Q1 26
$-45.0M
Q4 25
$-15.9M
$-43.2M
Q3 25
$7.9M
$-13.5M
Q2 25
$33.9M
$-16.8M
Q1 25
$-48.7M
$-10.1M
Q4 24
$-148.4M
$-30.0M
Q3 24
$-90.8M
$-11.5M
Q2 24
$2.8M
$-9.8M
Gross Margin
CMTL
CMTL
PDM
PDM
Q1 26
Q4 25
33.1%
Q3 25
31.2%
Q2 25
30.7%
Q1 25
26.7%
Q4 24
12.5%
Q3 24
21.5%
Q2 24
30.4%
Operating Margin
CMTL
CMTL
PDM
PDM
Q1 26
Q4 25
-2.5%
Q3 25
1.4%
Q2 25
-1.2%
Q1 25
-8.1%
Q4 24
-111.5%
Q3 24
-64.6%
Q2 24
-2.7%
Net Margin
CMTL
CMTL
PDM
PDM
Q1 26
-31.4%
Q4 25
-14.3%
-30.3%
Q3 25
6.1%
-9.7%
Q2 25
26.8%
-12.0%
Q1 25
-38.5%
-7.1%
Q4 24
-128.2%
-20.9%
Q3 24
-71.9%
-8.3%
Q2 24
2.2%
-6.8%
EPS (diluted)
CMTL
CMTL
PDM
PDM
Q1 26
$-0.10
Q4 25
$-0.67
$-0.34
Q3 25
$-0.41
$-0.11
Q2 25
$-0.49
$-0.14
Q1 25
$-0.76
$-0.08
Q4 24
$-5.29
$-0.25
Q3 24
$-3.48
$-0.09
Q2 24
$-0.04
$-0.08

Balance Sheet & Financial Strength

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

Metric
CMTL
CMTL
PDM
PDM
Cash + ST InvestmentsLiquidity on hand
$43.6M
$2.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$85.6M
$1.5B
Total Assets
$734.1M
$4.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMTL
CMTL
PDM
PDM
Q1 26
$2.3M
Q4 25
$43.6M
$731.0K
Q3 25
$40.0M
$3.0M
Q2 25
$28.4M
$3.3M
Q1 25
$26.7M
$2.9M
Q4 24
$29.6M
$109.6M
Q3 24
$32.4M
$133.6M
Q2 24
$27.2M
$138.5M
Total Debt
CMTL
CMTL
PDM
PDM
Q1 26
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
Stockholders' Equity
CMTL
CMTL
PDM
PDM
Q1 26
$1.5B
Q4 25
$85.6M
$1.5B
Q3 25
$104.4M
$1.5B
Q2 25
$115.4M
$1.5B
Q1 25
$128.7M
$1.6B
Q4 24
$150.4M
$1.6B
Q3 24
$306.3M
$1.6B
Q2 24
$406.4M
$1.7B
Total Assets
CMTL
CMTL
PDM
PDM
Q1 26
$4.0B
Q4 25
$734.1M
$4.0B
Q3 25
$740.8M
$4.0B
Q2 25
$751.1M
$4.0B
Q1 25
$770.6M
$4.0B
Q4 24
$793.2M
$4.1B
Q3 24
$793.2M
$4.1B
Q2 24
$991.0M
$4.2B
Debt / Equity
CMTL
CMTL
PDM
PDM
Q1 26
Q4 25
1.49×
Q3 25
1.43×
Q2 25
1.41×
Q1 25
1.40×
Q4 24
1.40×
Q3 24
1.36×
Q2 24
1.34×

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
PDM
PDM
Operating Cash FlowLast quarter
$8.1M
Free Cash FlowOCF − Capex
$4.8M
FCF MarginFCF / Revenue
4.3%
Capex IntensityCapex / Revenue
2.9%
110.3%
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
PDM
PDM
Q1 26
Q4 25
$8.1M
$140.6M
Q3 25
$11.4M
$35.8M
Q2 25
$2.3M
$50.1M
Q1 25
$-234.0K
$3.7M
Q4 24
$-21.8M
$198.1M
Q3 24
$-9.5M
$42.9M
Q2 24
$-3.8M
$66.8M
Free Cash Flow
CMTL
CMTL
PDM
PDM
Q1 26
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
FCF Margin
CMTL
CMTL
PDM
PDM
Q1 26
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%
Capex Intensity
CMTL
CMTL
PDM
PDM
Q1 26
110.3%
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%
Cash Conversion
CMTL
CMTL
PDM
PDM
Q1 26
Q4 25
Q3 25
1.45×
Q2 25
0.07×
Q1 25
Q4 24
Q3 24
Q2 24
-1.36×

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%

PDM
PDM

Segment breakdown not available.

Related Comparisons