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

Xperi Inc. is the larger business by last-quarter revenue ($116.5M vs $111.0M, roughly 1.0× COMTECH TELECOMMUNICATIONS CORP). COMTECH TELECOMMUNICATIONS CORP runs the higher net margin — -14.3% vs -14.7%, a 0.4% gap on every dollar of revenue. On growth, COMTECH TELECOMMUNICATIONS CORP posted the faster year-over-year revenue change (-4.1% vs -4.8%). COMTECH TELECOMMUNICATIONS CORP produced more free cash flow last quarter ($4.8M vs $1.2M). Over the past eight quarters, Xperi Inc.'s revenue compounded faster (-1.0% 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.

Xperi Inc. is an American multinational technology company headquartered in San Jose, California, that develops software for consumer electronics and connected cars, as well as media platforms for video service over broadband. The company is organized into four business units: Pay TV, Consumer Electronics, Connected Car, and Media Platform. Xperi's brands include DTS, HD Radio, and TiVo.

CMTL vs XPER — Head-to-Head

Bigger by revenue
XPER
XPER
1.0× larger
XPER
$116.5M
$111.0M
CMTL
Growing faster (revenue YoY)
CMTL
CMTL
+0.7% gap
CMTL
-4.1%
-4.8%
XPER
Higher net margin
CMTL
CMTL
0.4% more per $
CMTL
-14.3%
-14.7%
XPER
More free cash flow
CMTL
CMTL
$3.7M more FCF
CMTL
$4.8M
$1.2M
XPER
Faster 2-yr revenue CAGR
XPER
XPER
Annualised
XPER
-1.0%
-9.0%
CMTL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CMTL
CMTL
XPER
XPER
Revenue
$111.0M
$116.5M
Net Profit
$-15.9M
$-17.1M
Gross Margin
33.1%
Operating Margin
-2.5%
-12.7%
Net Margin
-14.3%
-14.7%
Revenue YoY
-4.1%
-4.8%
Net Profit YoY
89.3%
-137.0%
EPS (diluted)
$-0.67
$-0.37

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
XPER
XPER
Q4 25
$111.0M
$116.5M
Q3 25
$130.4M
$111.6M
Q2 25
$126.8M
$105.9M
Q1 25
$126.6M
$114.0M
Q4 24
$115.8M
$122.4M
Q3 24
$126.2M
$132.9M
Q2 24
$128.1M
$119.6M
Q1 24
$134.2M
$118.8M
Net Profit
CMTL
CMTL
XPER
XPER
Q4 25
$-15.9M
$-17.1M
Q3 25
$7.9M
$-6.1M
Q2 25
$33.9M
$-14.8M
Q1 25
$-48.7M
$-18.4M
Q4 24
$-148.4M
$46.2M
Q3 24
$-90.8M
$-16.8M
Q2 24
$2.8M
$-30.3M
Q1 24
$-10.6M
$-13.1M
Gross Margin
CMTL
CMTL
XPER
XPER
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%
Q1 24
32.2%
Operating Margin
CMTL
CMTL
XPER
XPER
Q4 25
-2.5%
-12.7%
Q3 25
1.4%
-1.2%
Q2 25
-1.2%
-10.5%
Q1 25
-8.1%
-14.4%
Q4 24
-111.5%
-11.7%
Q3 24
-64.6%
-14.0%
Q2 24
-2.7%
-18.3%
Q1 24
2.2%
-27.2%
Net Margin
CMTL
CMTL
XPER
XPER
Q4 25
-14.3%
-14.7%
Q3 25
6.1%
-5.5%
Q2 25
26.8%
-14.0%
Q1 25
-38.5%
-16.1%
Q4 24
-128.2%
37.8%
Q3 24
-71.9%
-12.6%
Q2 24
2.2%
-25.3%
Q1 24
-7.9%
-11.0%
EPS (diluted)
CMTL
CMTL
XPER
XPER
Q4 25
$-0.67
$-0.37
Q3 25
$-0.41
$-0.13
Q2 25
$-0.49
$-0.32
Q1 25
$-0.76
$-0.41
Q4 24
$-5.29
$1.02
Q3 24
$-3.48
$-0.37
Q2 24
$-0.04
$-0.67
Q1 24
$-1.07
$-0.29

Balance Sheet & Financial Strength

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

Metric
CMTL
CMTL
XPER
XPER
Cash + ST InvestmentsLiquidity on hand
$43.6M
$96.8M
Total DebtLower is stronger
$27.7M
Stockholders' EquityBook value
$85.6M
$414.1M
Total Assets
$734.1M
$615.8M
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMTL
CMTL
XPER
XPER
Q4 25
$43.6M
$96.8M
Q3 25
$40.0M
$96.8M
Q2 25
$28.4M
$95.1M
Q1 25
$26.7M
$88.0M
Q4 24
$29.6M
$130.6M
Q3 24
$32.4M
$72.7M
Q2 24
$27.2M
$92.5M
Q1 24
$40.0M
$95.2M
Total Debt
CMTL
CMTL
XPER
XPER
Q4 25
$27.7M
Q3 25
$27.7M
Q2 25
$27.7M
Q1 25
$27.7M
Q4 24
$27.7M
Q3 24
$27.7M
Q2 24
$27.7M
Q1 24
$27.7M
Stockholders' Equity
CMTL
CMTL
XPER
XPER
Q4 25
$85.6M
$414.1M
Q3 25
$104.4M
$421.0M
Q2 25
$115.4M
$419.8M
Q1 25
$128.7M
$418.9M
Q4 24
$150.4M
$429.1M
Q3 24
$306.3M
$377.4M
Q2 24
$406.4M
$388.7M
Q1 24
$407.0M
$399.1M
Total Assets
CMTL
CMTL
XPER
XPER
Q4 25
$734.1M
$615.8M
Q3 25
$740.8M
$628.8M
Q2 25
$751.1M
$629.2M
Q1 25
$770.6M
$633.5M
Q4 24
$793.2M
$667.8M
Q3 24
$793.2M
$616.2M
Q2 24
$991.0M
$619.2M
Q1 24
$996.8M
$630.4M
Debt / Equity
CMTL
CMTL
XPER
XPER
Q4 25
0.07×
Q3 25
0.07×
Q2 25
0.07×
Q1 25
0.07×
Q4 24
0.06×
Q3 24
0.07×
Q2 24
0.07×
Q1 24
0.07×

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
XPER
XPER
Operating Cash FlowLast quarter
$8.1M
$4.1M
Free Cash FlowOCF − Capex
$4.8M
$1.2M
FCF MarginFCF / Revenue
4.3%
1.0%
Capex IntensityCapex / Revenue
2.9%
2.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$12.2M
$-5.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMTL
CMTL
XPER
XPER
Q4 25
$8.1M
$4.1M
Q3 25
$11.4M
$7.5M
Q2 25
$2.3M
$10.1M
Q1 25
$-234.0K
$-22.3M
Q4 24
$-21.8M
$1.2M
Q3 24
$-9.5M
$-4.6M
Q2 24
$-3.8M
$-2.1M
Q1 24
$-26.7M
$-49.8M
Free Cash Flow
CMTL
CMTL
XPER
XPER
Q4 25
$4.8M
$1.2M
Q3 25
$9.4M
$6.7M
Q2 25
$-160.0K
$9.5M
Q1 25
$-1.9M
$-23.3M
Q4 24
$-24.2M
$-510.0K
Q3 24
$-12.4M
$-5.6M
Q2 24
$-6.5M
$-2.6M
Q1 24
$-30.9M
$-51.6M
FCF Margin
CMTL
CMTL
XPER
XPER
Q4 25
4.3%
1.0%
Q3 25
7.2%
6.0%
Q2 25
-0.1%
9.0%
Q1 25
-1.5%
-20.5%
Q4 24
-20.9%
-0.4%
Q3 24
-9.8%
-4.2%
Q2 24
-5.0%
-2.2%
Q1 24
-23.0%
-43.4%
Capex Intensity
CMTL
CMTL
XPER
XPER
Q4 25
2.9%
2.5%
Q3 25
1.6%
0.7%
Q2 25
1.9%
0.5%
Q1 25
1.3%
0.9%
Q4 24
2.1%
1.4%
Q3 24
2.3%
0.8%
Q2 24
2.1%
0.4%
Q1 24
3.2%
1.6%
Cash Conversion
CMTL
CMTL
XPER
XPER
Q4 25
Q3 25
1.45×
Q2 25
0.07×
Q1 25
Q4 24
0.03×
Q3 24
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%

XPER
XPER

Pay TV$56.2M48%
Connected Car$31.3M27%
Consumer Electronics$17.2M15%
Media Platform$11.8M10%

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