vs

Side-by-side financial comparison of COMTECH TELECOMMUNICATIONS CORP (CMTL) and LiveRamp Holdings, Inc. (RAMP). Click either name above to swap in a different company.

LiveRamp Holdings, Inc. is the larger business by last-quarter revenue ($212.2M vs $111.0M, roughly 1.9× COMTECH TELECOMMUNICATIONS CORP). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs -14.3%, a 33.1% gap on every dollar of revenue. On growth, LiveRamp Holdings, Inc. posted the faster year-over-year revenue change (8.6% vs -4.1%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% 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.

LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.

CMTL vs RAMP — Head-to-Head

Bigger by revenue
RAMP
RAMP
1.9× larger
RAMP
$212.2M
$111.0M
CMTL
Growing faster (revenue YoY)
RAMP
RAMP
+12.7% gap
RAMP
8.6%
-4.1%
CMTL
Higher net margin
RAMP
RAMP
33.1% more per $
RAMP
18.8%
-14.3%
CMTL
Faster 2-yr revenue CAGR
RAMP
RAMP
Annualised
RAMP
11.1%
-9.0%
CMTL

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
CMTL
CMTL
RAMP
RAMP
Revenue
$111.0M
$212.2M
Net Profit
$-15.9M
$39.9M
Gross Margin
33.1%
71.9%
Operating Margin
-2.5%
18.6%
Net Margin
-14.3%
18.8%
Revenue YoY
-4.1%
8.6%
Net Profit YoY
89.3%
255.7%
EPS (diluted)
$-0.67
$0.62

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
RAMP
RAMP
Q4 25
$111.0M
$212.2M
Q3 25
$130.4M
$199.8M
Q2 25
$126.8M
$194.8M
Q1 25
$126.6M
$188.7M
Q4 24
$115.8M
$195.4M
Q3 24
$126.2M
$185.5M
Q2 24
$128.1M
$176.0M
Q1 24
$134.2M
$171.9M
Net Profit
CMTL
CMTL
RAMP
RAMP
Q4 25
$-15.9M
$39.9M
Q3 25
$7.9M
$27.4M
Q2 25
$33.9M
$7.7M
Q1 25
$-48.7M
$-6.3M
Q4 24
$-148.4M
$11.2M
Q3 24
$-90.8M
$1.7M
Q2 24
$2.8M
$-7.5M
Q1 24
$-10.6M
$-5.4M
Gross Margin
CMTL
CMTL
RAMP
RAMP
Q4 25
33.1%
71.9%
Q3 25
31.2%
70.2%
Q2 25
30.7%
70.1%
Q1 25
26.7%
69.3%
Q4 24
12.5%
71.9%
Q3 24
21.5%
72.4%
Q2 24
30.4%
70.6%
Q1 24
32.2%
72.2%
Operating Margin
CMTL
CMTL
RAMP
RAMP
Q4 25
-2.5%
18.6%
Q3 25
1.4%
10.7%
Q2 25
-1.2%
3.7%
Q1 25
-8.1%
-6.1%
Q4 24
-111.5%
7.5%
Q3 24
-64.6%
4.0%
Q2 24
-2.7%
-3.0%
Q1 24
2.2%
-8.3%
Net Margin
CMTL
CMTL
RAMP
RAMP
Q4 25
-14.3%
18.8%
Q3 25
6.1%
13.7%
Q2 25
26.8%
4.0%
Q1 25
-38.5%
-3.3%
Q4 24
-128.2%
5.7%
Q3 24
-71.9%
0.9%
Q2 24
2.2%
-4.3%
Q1 24
-7.9%
-3.1%
EPS (diluted)
CMTL
CMTL
RAMP
RAMP
Q4 25
$-0.67
$0.62
Q3 25
$-0.41
$0.42
Q2 25
$-0.49
$0.12
Q1 25
$-0.76
$-0.10
Q4 24
$-5.29
$0.17
Q3 24
$-3.48
$0.03
Q2 24
$-0.04
$-0.11
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
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$43.6M
$403.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$85.6M
$962.3M
Total Assets
$734.1M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMTL
CMTL
RAMP
RAMP
Q4 25
$43.6M
$403.4M
Q3 25
$40.0M
$376.9M
Q2 25
$28.4M
$371.1M
Q1 25
$26.7M
$420.8M
Q4 24
$29.6M
$384.3M
Q3 24
$32.4M
$348.4M
Q2 24
$27.2M
$342.7M
Q1 24
$40.0M
$368.9M
Stockholders' Equity
CMTL
CMTL
RAMP
RAMP
Q4 25
$85.6M
$962.3M
Q3 25
$104.4M
$943.8M
Q2 25
$115.4M
$947.8M
Q1 25
$128.7M
$948.9M
Q4 24
$150.4M
$957.7M
Q3 24
$306.3M
$932.1M
Q2 24
$406.4M
$951.9M
Q1 24
$407.0M
$949.1M
Total Assets
CMTL
CMTL
RAMP
RAMP
Q4 25
$734.1M
$1.3B
Q3 25
$740.8M
$1.2B
Q2 25
$751.1M
$1.2B
Q1 25
$770.6M
$1.3B
Q4 24
$793.2M
$1.3B
Q3 24
$793.2M
$1.2B
Q2 24
$991.0M
$1.2B
Q1 24
$996.8M
$1.2B

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
RAMP
RAMP
Operating Cash FlowLast quarter
$8.1M
Free Cash FlowOCF − Capex
$4.8M
FCF MarginFCF / Revenue
4.3%
Capex IntensityCapex / Revenue
2.9%
0.1%
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
RAMP
RAMP
Q4 25
$8.1M
Q3 25
$11.4M
$57.4M
Q2 25
$2.3M
$-15.8M
Q1 25
$-234.0K
Q4 24
$-21.8M
$45.1M
Q3 24
$-9.5M
$55.6M
Q2 24
$-3.8M
$-9.3M
Q1 24
$-26.7M
Free Cash Flow
CMTL
CMTL
RAMP
RAMP
Q4 25
$4.8M
Q3 25
$9.4M
$56.8M
Q2 25
$-160.0K
$-16.2M
Q1 25
$-1.9M
Q4 24
$-24.2M
$44.8M
Q3 24
$-12.4M
$55.4M
Q2 24
$-6.5M
$-9.6M
Q1 24
$-30.9M
FCF Margin
CMTL
CMTL
RAMP
RAMP
Q4 25
4.3%
Q3 25
7.2%
28.4%
Q2 25
-0.1%
-8.3%
Q1 25
-1.5%
Q4 24
-20.9%
22.9%
Q3 24
-9.8%
29.8%
Q2 24
-5.0%
-5.4%
Q1 24
-23.0%
Capex Intensity
CMTL
CMTL
RAMP
RAMP
Q4 25
2.9%
0.1%
Q3 25
1.6%
0.3%
Q2 25
1.9%
0.2%
Q1 25
1.3%
0.2%
Q4 24
2.1%
0.1%
Q3 24
2.3%
0.1%
Q2 24
2.1%
0.1%
Q1 24
3.2%
1.0%
Cash Conversion
CMTL
CMTL
RAMP
RAMP
Q4 25
Q3 25
1.45×
2.09×
Q2 25
0.07×
-2.04×
Q1 25
Q4 24
4.02×
Q3 24
32.10×
Q2 24
-1.36×
Q1 24

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%

RAMP
RAMP

Segment breakdown not available.

Related Comparisons