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Comtech Telecommunications vs Qualcomm: revenue, profit, margins and growth compared

Comtech Telecommunications brought in $499.5M of revenue in fiscal 2025, Qualcomm $44.3B in fiscal 2025. Revenue changed by -7.6% at Comtech Telecommunications and +13.7% at Qualcomm on the year before, so Qualcomm grew faster. Comtech Telecommunications kept -31.1% of its revenue as net profit, Qualcomm 12.5%. Free cash flow was -$16.9M at Comtech Telecommunications and $12.8B at Qualcomm.

Side by side, latest fiscal year

CMTLQCOM
Fiscal year endedFY2025 (July 31, 2025)FY2025 (September 28, 2025)
Revenue$499.5M$44.3B
Revenue growth-7.6%+13.7%
Net income-$155.3M$5.5B
Net margin-31.1%12.5%
Free cash flow-$16.9M$12.8B
Free cash flow margin-3.4%28.9%
Earnings per share (diluted)-$6.95$5.01
Cash$40M$5.5B
Debt$118.5M$14.8B
Price to earningsn/a40.3
Market value$41.6M$212.1B
Dividend yieldn/a1.72%
Rank by revenue in sector#304 of 530 · Technology#17 of 530 · Technology

Over the years

Revenue
CMTL FY2018: $570.6MCMTL FY2019: $671.8MCMTL FY2020: $616.7MCMTL FY2021: $581.7MCMTL FY2022: $486.2MCMTL FY2023: $550MCMTL FY2024: $540.4MCMTL FY2025: $499.5MQCOM FY2018: $22.6BQCOM FY2019: $24.3BQCOM FY2020: $23.5BQCOM FY2021: $33.6BQCOM FY2022: $44.2BQCOM FY2023: $35.8BQCOM FY2024: $39BQCOM FY2025: $44.3BFY18FY19FY20FY21FY22FY23FY24FY25
CMTL $499.5MQCOM $44.3B
Net income
CMTL FY2018: $29.8MCMTL FY2019: $25MCMTL FY2020: $7MCMTL FY2021: -$73.5MCMTL FY2022: -$33.1MCMTL FY2023: -$26.9MCMTL FY2024: -$100MCMTL FY2025: -$155.3MQCOM FY2018: -$5BQCOM FY2019: $4.4BQCOM FY2020: $5.2BQCOM FY2021: $9BQCOM FY2022: $12.9BQCOM FY2023: $7.2BQCOM FY2024: $10.1BQCOM FY2025: $5.5BFY18FY19FY20FY21FY22FY23FY24FY25
CMTL -$155.3MQCOM $5.5B
Net margin
CMTL FY2018: 5.2%CMTL FY2019: 3.7%CMTL FY2020: 1.1%CMTL FY2021: -12.6%CMTL FY2022: -6.8%CMTL FY2023: -4.9%CMTL FY2024: -18.5%CMTL FY2025: -31.1%QCOM FY2018: -22.0%QCOM FY2019: 18.1%QCOM FY2020: 22.1%QCOM FY2021: 26.9%QCOM FY2022: 29.3%QCOM FY2023: 20.2%QCOM FY2024: 26.0%QCOM FY2025: 12.5%FY18FY19FY20FY21FY22FY23FY24FY25
CMTL -31.1%QCOM 12.5%
Revenue growth
CMTL FY2019: +17.7%CMTL FY2020: -8.2%CMTL FY2021: -5.7%CMTL FY2022: -16.4%CMTL FY2023: +13.1%CMTL FY2024: -1.7%CMTL FY2025: -7.6%QCOM FY2019: +7.4%QCOM FY2020: -3.1%QCOM FY2021: +42.6%QCOM FY2022: +31.7%QCOM FY2023: -19.0%QCOM FY2024: +8.8%QCOM FY2025: +13.7%FY19FY20FY21FY22FY23FY24FY25
CMTL -7.6%QCOM +13.7%
Free cash flow
CMTL FY2018: $41.7MCMTL FY2019: $59.2MCMTL FY2020: $45.5MCMTL FY2021: -$56.7MCMTL FY2022: -$17.6MCMTL FY2023: -$22.7MCMTL FY2024: -$67.6MCMTL FY2025: -$16.9MQCOM FY2018: $3.1BQCOM FY2019: $6.4BQCOM FY2020: $4.4BQCOM FY2021: $8.6BQCOM FY2022: $6.8BQCOM FY2023: $9.8BQCOM FY2024: $11.2BQCOM FY2025: $12.8BFY18FY19FY20FY21FY22FY23FY24FY25
CMTL -$16.9MQCOM $12.8B

Fiscal years as each company reports them; the two may end in different months.

Questions about Comtech Telecommunications and Qualcomm

Which is bigger by revenue, Comtech Telecommunications or Qualcomm?

Qualcomm is bigger by revenue: $44.3B in fiscal 2025, against $499.5M for Comtech Telecommunications in fiscal 2025.

Which keeps more of its revenue as profit, Comtech Telecommunications or Qualcomm?

Comtech Telecommunications had a net margin of -31.1% in fiscal 2025; Qualcomm had 12.5% in fiscal 2025.

Which grew revenue faster, Comtech Telecommunications or Qualcomm?

In their latest fiscal years revenue changed by -7.6% at Comtech Telecommunications and +13.7% at Qualcomm.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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