COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: March 23, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 4.96% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
30M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

CMTL currently has 29.8M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 4.96% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 23, 2026

S-3 filing: This is an S-3 filing for Comtech Telecommunications Corp. registering common stock, preferred stock, debt securities, warrants, purchase contracts and units with a proposed maximum aggregate offering price of $125,000,000.

30M 0
Mar 16, 2026

10-Q filing | 29.8M shares outstanding

30M 0
Dec 11, 2025

10-Q filing | 29.6M shares outstanding

30M 0
Nov 10, 2025

10-K filing | 29.4M shares outstanding

29M 0
Jun 09, 2025

10-Q filing | 29.4M shares outstanding

29M 0
Mar 12, 2025

10-Q filing | 29.3M shares outstanding

29M 0
Mar 04, 2025

8-K filing: Comtech Telecommunications Corp. amended its credit agreements and exchanged Series B-2 Convertible Preferred Stock for Series B-3 Convertible Preferred Stock, issuing 178,180.34 shares of the latter to investors.

29M 0
Jan 13, 2025

10-Q filing | 29.4M shares outstanding

29M 0
Oct 30, 2024

10-K filing | 28.8M shares outstanding

29M 0
Oct 18, 2024

8-K filing: Comtech Telecommunications Corp. entered into a series of agreements including an amendment to its credit agreement, a subordinated credit agreement, and a subscription and exchange agreement to change the terms of its convertible preferred stock, involving the exchange of Series B-1 for Series B-2 Convertible Preferred Stock and the issuance of additional Series B-2 shares.

28M 0
Jul 16, 2024

S-1 filing: This S-1 filing describes an offering of common stock issuable upon exercise of warrants.

28M 0
Jun 18, 2024

8-K filing: Comtech Telecommunications Corp. entered into a Credit Agreement for a $162.0 million term loan and a $60.0 million asset-based revolving credit facility, issued 1,435,884 warrants to lenders, and exchanged Series B Convertible Preferred Stock for Series B-1 Convertible Preferred Stock.

29M 0
Jun 18, 2024

10-Q filing | 28.9M shares outstanding

29M 0
Jan 23, 2024

8-K filing: Comtech Telecommunications Corp. entered into a Subscription and Exchange Agreement for the issuance and sale of Series B Convertible Preferred Stock, the exchange of Series A-1 Convertible Preferred Stock for Series B Convertible Preferred Stock, and the issuance of Series B Convertible Preferred Stock in lieu of cash for expense reimbursements. ($45.0M proceeds)

29M 0
Dec 14, 2023

8-K filing: Comtech Telecommunications Corp. and certain affiliates and related funds of Magnetar Capital LLC and White Hat Capital Partners LP agreed to change the terms of the Company's Series A Convertible Preferred Stock by exchanging 100,000 shares of Series A Convertible Preferred Stock for 100,000 shares of Series A-1 Convertible Preferred Stock.

29M 0
Dec 07, 2023

10-Q filing | 28.7M shares outstanding

29M 0
Oct 12, 2023

10-K filing | 28.0M shares outstanding

28M 0
Jun 08, 2023

10-Q filing | 28.1M shares outstanding

28M 0
Mar 09, 2023

10-Q filing | 28.0M shares outstanding

28M 0
Dec 08, 2022

10-Q filing | 27.8M shares outstanding

28M 0
Sep 29, 2022

10-K filing | 26.5M shares outstanding

27M 0
Jul 13, 2022

S-3 filing: This is an S-3 filing for a shelf offering of common stock by a selling stockholder. The shares may be sold in one or more transactions at fixed prices, prevailing market prices, prices related to such prevailing market prices, varying prices determined at the time of sale, or negotiated prices.

27M 0
Jul 13, 2022

S-3 filing: This S-3 filing registers an indeterminate amount of common stock, preferred stock, debt securities, warrants, purchase contracts and units with an aggregate offering price not to exceed $200,000,000, which may be offered from time to time in unspecified numbers and at indeterminate prices.

27M 0
Jun 09, 2022

10-Q filing | 26.5M shares outstanding

27M 0
Mar 10, 2022

10-Q filing | 26.5M shares outstanding

26M 0
Dec 09, 2021

10-Q filing | 26.4M shares outstanding

26M 0
Nov 12, 2021

8-K filing: Comtech Telecommunications Corp. entered into Amended and Restated Voting Agreements with Investors, superseding prior Voting Agreements, and filed a Certificate of Correction to remove inoperative text regarding voting of the Series A Convertible Preferred Stock.

26M 600K
Oct 04, 2021

10-K filing | 25.7M shares outstanding

26M 600K
Jun 08, 2021

10-Q filing | 25.9M shares outstanding

26M 370K
Mar 12, 2021

S-3/A filing: This prospectus relates to shares of Common Stock of Comtech Telecommunications Corp. that may be sold by the Selling Stockholder identified in this prospectus from time to time.

25M 860K
Mar 11, 2021

10-Q filing | 25.4M shares outstanding

25M 860K
Mar 03, 2021

8-K filing: Comtech Telecommunications Corp. completed the acquisition of UHP Networks Inc. on March 2, 2021, issuing 1,026,567 shares of Comtech's common stock at closing to satisfy initial payment and escrow arrangements under the terms of the Stock Purchase Agreement. ($24.0M proceeds)

25M 980K
Mar 03, 2021

S-3 filing: This is an S-3 filing for shares of Common Stock of Comtech Telecommunications Corp. that may be sold by the Selling Stockholder.

25M 980K
Dec 09, 2020

10-Q filing | 25.3M shares outstanding

25M 0
Oct 15, 2020

RW filing: Comtech Telecommunications Corp. filed an RW filing on 2020-10-15 regarding a proposed offering of common stock in connection with a merger with Gilat Satellite Networks Ltd., which was terminated on October 5, 2020, leading to the withdrawal of the offering.

25M 0
Sep 29, 2020

10-K filing | 24.9M shares outstanding

25M 0
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