Private company

CalAmp Corp.

American radio and tv broadcasting and communications equipment company. Summary from the record

Last updated Oct 19, 2026.

Overview

$294.9MRevenue, fiscal 2023²

-$32.5MNet income, fiscal 2023²

IndustryRadio & Tv Broadcasting & Communications Equipment¹
HeadquartersDE¹

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

37.0%Gross margin²

-8.4%Operating margin²

-11.0%Net margin²

-0.3%Revenue growth, 2023²

-227.1%Return on equity²

15.90×Debt to equity²

-$34.0MFree cash flow²

Where the money goes

Where each dollar of revenue went, fiscal 2023

Cost of revenueOther costs

Cost of revenue63¢$185.9M
Research and development8¢$24.6M
Other costs26¢$77.0M
Interest2¢$6.3M
Income tax0¢$1.2M

Out of $294.9M in revenue.² The company lost money this year.

Financial statements

Revenue³⁴⁵⁶⁷²$294.9M in 2023+5% since 2016

Gross profit³⁴⁵⁶⁷²$109.0M in 2023+6% since 2016

Operating income³⁴⁵⁶⁷²-$24.7M in 2023

Net income³⁴⁵⁶⁷²-$32.5M in 2023

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023
Revenue	$280.7M³	$351.1M⁴	$365.9M⁵	$311.5M⁶	$321.8M⁷	$308.6M²	$295.8M²	$294.9M²
Cost of revenue	$177.8M³	$207.8M⁴	$215.0M⁵	$185.7M⁶	$196.3M⁷	$186.2M²	$174.0M²	$185.9M²
Gross profit	$103.0M³	$143.4M⁴	$150.9M⁵	$125.9M⁶	$125.5M⁷	$122.4M²	$121.9M²	$109.0M²
Research and development	$19.8M³	$22.0M⁴	$25.8M⁵	$25.5M⁶	$27.0M⁷	$25.8M²	$28.4M²	$24.6M²
Operating expenses							$135.4M²	$133.7M²
Operating income	$28.1M³	$123.0K⁴	$8.0M⁵	$33.5M⁶	-$12.4M⁷	-$6.8M²	-$13.5M²	-$24.7M²
Interest	$7.6M³	$9.9M⁴	$10.3M⁵	$16.7M⁶	$20.1M⁷	$15.5M²	$15.3M²	$6.3M²
Income before tax							-$30.1M²	-$31.3M²
Income tax	$4.6M³	-$1.6M⁴	$10.7M⁵	-$612.0K⁶	$20.5M⁷	$561.0K²	$1.1M²	$1.2M²
Net income	$16.9M³	-$7.9M⁴	$16.6M⁵	$18.4M⁶	-$79.3M⁷	-$56.3M²	-$28.0M²	-$32.5M²
Earnings per share	$0.46³	-$0.22⁴	$0.47⁵	$0.53⁶	-$2.36⁶	-$1.64²	-$0.79²	-$0.90²
Earnings per share (diluted)	$0.46³	-$0.22⁴	$0.46⁵	$0.52⁶	-$2.36⁶	-$1.64²	-$0.79²	-$0.90²
Shares (weighted, basic)							35.3M shares²	36.1M shares²
Shares (weighted, diluted)							35.3M shares²	36.1M shares²

Total assets¹¹³⁴⁵⁶⁷²$380.1M in 2023−1% since 2016

Total liabilities¹¹³⁴⁵⁶⁷²$365.8M in 2023+88% since 2016

Shareholders’ equity⁴⁵⁶⁷²$14.3M in 2023−92% since 2016

Cash³⁴⁵⁶⁷²$41.9M in 2023−70% since 2016

Long-term debt¹¹³⁴⁵⁶⁷²$227.4M in 2023+63% since 2016

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023
Cash	$139.4M³	$93.7M³	$132.6M⁴	$256.5M⁵	$107.4M⁶	$94.6M⁷	$79.2M²	$41.9M²
Receivables							$61.5M²	$82.9M²
Inventory							$18.3M²	$23.9M²
Current assets	$298.8M¹¹	$206.7M³	$275.9M⁴	$403.5M⁵	$237.9M⁶	$214.3M⁷	$181.4M²	$174.8M²
Property, plant and equipment							$37.7M²	$32.8M²
Goodwill							$94.4M²	$94.2M²
Intangible assets							$32.0M²	$26.6M²
Total assets	$384.4M¹¹	$408.1M³	$473.0M⁴	$603.6M⁵	$495.8M⁶	$433.8M⁷	$391.6M²	$380.1M²
Accounts payable							$31.8M²	$52.7M²
Short-term debt							$2.6M²	$705.0K²
Current liabilities	$49.6M¹¹	$77.8M³	$95.5M⁴	$83.6M⁵	$121.5M⁶	$107.2M⁷	$90.5M²	$106.5M²
Long-term debt	$139.8M¹¹	$146.8M³	$154.3M⁴	$275.9M⁵	$177.1M⁶	$182.2M⁷	$189.7M²	$227.4M²
Total liabilities	$194.9M¹¹	$244.9M³	$274.1M⁴	$398.0M⁵	$357.9M⁶	$338.7M⁷	$316.2M²	$365.8M²
Retained earnings							-$136.3M²	-$168.8M²
Shareholders’ equity	$189.4M⁴	$163.2M⁵	$198.9M⁶	$205.7M⁷	$137.9M²	$95.1M²	$75.4M²	$14.3M²
Shares outstanding	36.7M shares¹²	35.3M shares¹¹	35.8M shares³	33.6M shares⁴	34.3M shares⁵	35.2M shares⁶	36.1M shares⁷	37.4M shares²

Cash from operations¹²⁴⁵⁶⁷²-$22.9M in 2023

Capital spending³⁴⁵⁶⁷²$11.1M in 2023+157% since 2016

Free cash flow¹²⁴⁵⁶⁷²-$34.0M in 2023

Share buybacks⁴⁶$49.0M in 2019+96% since 2017

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023
Cash from operations	$47.4M¹²	$25.8M⁴	$66.9M⁵	$47.7M⁶	$11.5M⁷	$28.6M²	-$4.2M²	-$22.9M²
Depreciation and amortization							$22.8M²	$21.8M²
Stock-based compensation							$11.3M²	$10.2M²
Capital spending	$4.3M³	$8.0M⁴	$8.3M⁵	$10.4M⁶	$21.3M⁷	$11.4M²	$13.3M²	$11.1M²
Free cash flow	$43.1M	$17.8M	$58.6M	$37.3M	-$9.8M	$17.2M	-$17.5M	-$34.0M
Cash from investing							-$7.6M²	-$11.1M²
Share buybacks		$25.0M⁴		$49.0M⁶
Cash from financing							-$2.6M²	-$909.0K²

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Leadership

Who has led CalAmp Corp., and when. Pick a name to see everywhere that person has worked.

Chief executive

President

Chief financial officer

Chief operating officer

Michael J. Burdiek2008–2011

2010201520202025

Chief executive officerJason Cohenour Oct 10, 2023 to Oct 10, 2023¹³
Chief executive officerMichael J. Burdiek Jun 2, 2011 to Jan 15, 2020¹⁴
Chief executive officerRichard B. Gold Mar 4, 2008 to May 11, 2011¹⁵
Chief executive officerFred M. Sturm May 5, 2006 to Mar 5, 2008¹⁶
Chief executive officerRobert T. Rouleau Jun 6, 2006 to Jun 6, 2006¹⁷
PresidentJason Cohenour Oct 10, 2023 to Oct 10, 2023¹³
PresidentRichard B. Gold Mar 4, 2008 to Mar 1, 2011¹⁵
PresidentMichael J. Burdiek Jul 24, 2007 to Jan 15, 2020¹⁸
PresidentFred M. Sturm May 5, 2006 to Mar 5, 2008¹⁶
PresidentPatrick Hutchins May 5, 2006 to Jun 11, 2008¹⁹
PresidentSteve Lheureux May 5, 2006 to May 5, 2006²⁰
Chief financial officerJikun Kim Jan 11, 2023 to May 7, 2024²¹
Chief financial officerXiaolian Zhang Oct 3, 2022 to Nov 1, 2022²²
Chief financial officerKurtis Joseph Binder Jul 19, 2017 to Aug 25, 2022²³
Chief financial officerRichard K. Vitelle May 5, 2006 to Feb 3, 2017²⁴
Chief operating officerMichael J. Burdiek Jul 25, 2008 to Jan 11, 2011²⁵

Board members and other officers (27)

Chief People OfficerBerkel Monica Van May 11, 2022 to Jul 28, 2023²⁶
Chief Product OfficerJeffrey P. Clark May 11, 2022 to Jul 28, 2023²⁷
Chief Supply Chain OfficerNathan Lowstuter May 11, 2022 to Jul 28, 2023²⁸
Chief Revenue OfficerBrennen Carson Jul 1, 2022 to Sep 7, 2023²⁹
Chief Acctg Officer (interim)Erik Schulz Oct 3, 2022 to Nov 1, 2022³⁰
SVP, EngineeringAnand Rau May 4, 2020 to Jan 31, 2023³¹
SVP & Chief Revenue OfficerArym Diamond May 4, 2020 to Jul 30, 2021³²
EVP Wireless Datacom StrategyMichael J. Burdiek Jun 28, 2006 to Jun 28, 2006³³
V.P. Corporate DevelopmentGaro Sarkis Sarkissian Aug 1, 2006 to Nov 5, 2018³⁴
Board memberJill Kathleen Frizzley Jun 3, 2024 to Jun 3, 2024³⁵
Board memberWes Cummins Jun 28, 2022 to Jul 28, 2023³⁶
Board memberHenry J. Maier Jun 3, 2021 to Jul 28, 2023³⁷
Board memberKirsten O. Wolberg Sep 3, 2020 to Jul 28, 2023³⁸
Board memberJason Cohenour Jun 3, 2019 to Jun 6, 2024³⁹
Board memberRoxanne Oulman Aug 3, 2018 to Jul 28, 2023⁴⁰
Board memberJorge Titinger Jun 11, 2015 to Jul 28, 2023⁴¹
Board memberAmal M. Johnson Dec 23, 2013 to Jul 30, 2021⁴²
Board memberMichael J. Burdiek Jun 2, 2011 to Jan 15, 2020¹⁴
Board memberKimberly Alexy Jun 4, 2008 to Jul 27, 2018⁴³
Board memberLarry J. Wolfe Jun 4, 2008 to Jul 31, 2020⁴⁴
Board memberFred M. Sturm Aug 3, 2007 to Mar 5, 2008⁴⁵
Board memberFrank Perna Jr. May 1, 2006 to May 5, 2014⁴⁶
Board memberAlbert J. Moyer Jul 31, 2006 to Jul 31, 2020⁴⁷
Board memberArthur H. Hausman Jul 31, 2006 to Aug 7, 2007⁴⁸
Board memberRichard B. Gold Jul 31, 2006 to May 23, 2013⁴⁹
Board memberThomas L. Ringer Jul 31, 2006 to Jul 31, 2006⁵⁰
General counselRichard M. Scott May 11, 2022 to Nov 7, 2023⁵¹

Timeline

Oct 10, 2023New chief executive Jason Cohenour becomes CEO¹³
Jun 2, 2011New chief executive Michael J. Burdiek becomes CEO¹⁴
Mar 4, 2008New chief executive Richard B. Gold becomes CEO¹⁵
Jun 6, 2006New chief executive Robert T. Rouleau becomes CEO¹⁷
May 5, 2006New chief executive Fred M. Sturm becomes CEO¹⁶

Filings

233 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 41 major events, 127 insider forms, 17 large holders, 39 other. The latest 20:

The 233 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

39 open-market trades by officers, directors and large owners since October 2021: 38 buys and 1 sales. Grants, option exercises and gifts are left out.

Date	Who	Trade	Shares	Price	Value	Filing
Jun 5, 2024	Cohenour JasonDirector	Sale	8,640	$0.83	$7.2K	Form 4
Jan 27, 2023	Cummins WesDirector	Buy	25,000	$4.52	$113.0K	Form 4
Jan 3, 2023	Cummins WesDirector	Buy	20,000	$4.43	$88.6K	Form 4
Dec 30, 2022	Cummins WesDirector	Buy	30,000	$4.48	$134.4K	Form 4
Dec 29, 2022	Cummins WesDirector	Buy	25,000	$4.35	$108.8K	Form 4
Dec 28, 2022	Cummins WesDirector	Buy	25,000	$3.95	$98.8K	Form 4
Dec 27, 2022	Cummins WesDirector	Buy	40,000	$4.00	$160.0K	Form 4
Dec 23, 2022	Cummins WesDirector	Buy	25,000	$4.17	$104.2K	Form 4
Nov 10, 2022	Cummins WesDirector	Buy	43,600	$3.37	$146.9K	Form 4
Nov 9, 2022	Cummins WesDirector	Buy	63,500	$3.04	$193.0K	Form 4
Oct 14, 2022	Cummins WesDirector	Buy	75,000	$3.25	$243.8K	Form 4
Oct 14, 2022	GARDNER JEFFERY RPresident & CEO	Buy	2,000	$3.36	$6.7K	Form 4
Oct 13, 2022	Cummins WesDirector	Buy	75,000	$3.26	$244.5K	Form 4
Oct 12, 2022	Cummins WesDirector	Buy	60,000	$3.38	$202.8K	Form 4
Oct 11, 2022	Cummins WesDirector	Buy	50,000	$3.56	$178.0K	Form 4
Oct 10, 2022	Cummins WesDirector	Buy	50,000	$3.95	$197.5K	Form 4
Oct 10, 2022	GARDNER JEFFERY RPresident & CEO	Buy	2,000	$3.95	$7.9K	Form 4
Oct 7, 2022	Cummins WesDirector	Buy	100,000	$4.04	$404.0K	Form 4
Sep 30, 2022	Cummins WesDirector	Buy	84,300	$3.90	$328.8K	Form 4
Sep 30, 2022	Cummins WesDirector	Buy	102,311	$3.90	$399.0K	Form 4

All 39 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Orin HirschmanSC 13G/A, 3 filings May 9, 2022 to Dec 21, 2023⁵²
Aristotle Capital Boston, LLCSC 13G/A, 3 filings Feb 14, 2022 to Oct 10, 2023⁵³
VANGUARD GROUP INCSC 13G/A, 2 filings Feb 9, 2022 to Feb 9, 2023⁵⁴
Trigran Investments, Inc.SC 13G/A, 2 filings Feb 10, 2022 to Jan 26, 2023⁵⁵
272 Capital LPSC 13D/A, 4 filings May 26, 2022 to Oct 18, 2022⁵⁶

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARCalAmp Corp. filings on SEC EDGAR
2
SEC EDGARCalAmp Corp. 10-K for fiscal 2023
3
SEC EDGARCalAmp Corp. 10-K for fiscal 2016
4
SEC EDGARCalAmp Corp. 10-K for fiscal 2017
5
SEC EDGARCalAmp Corp. 10-K for fiscal 2018
6
SEC EDGARCalAmp Corp. 10-K for fiscal 2019
7
SEC EDGARCalAmp Corp. 10-K for fiscal 2020
8
SEC EDGARCalAmp Corp. 10-Q for fiscal 2023
9
SEC EDGARCalAmp Corp. 10-Q for fiscal 2023
10
SEC EDGARCalAmp Corp. 10-Q for fiscal 2023
11
SEC EDGARCalAmp Corp. 10-K for fiscal 2016
12
SEC EDGARCalAmp Corp. 10-K for fiscal 2016
13
SEC EDGARJason Cohenour, Chief executive officer
14
SEC EDGARMichael J. Burdiek, Chief executive officer
15
SEC EDGARRichard B. Gold, Chief executive officer
16
SEC EDGARFred M. Sturm, Chief executive officer
17
SEC EDGARRobert T. Rouleau, Chief executive officer
18
SEC EDGARMichael J. Burdiek, President
19
SEC EDGARPatrick Hutchins, President
20
SEC EDGARSteve Lheureux, President
21
SEC EDGARJikun Kim, Chief financial officer
22
SEC EDGARXiaolian Zhang, Chief financial officer
23
SEC EDGARKurtis Joseph Binder, Chief financial officer
24
SEC EDGARRichard K. Vitelle, Chief financial officer
25
SEC EDGARMichael J. Burdiek, Chief operating officer
26
SEC EDGARBerkel Monica Van, Chief People Officer
27
SEC EDGARJeffrey P. Clark, Chief Product Officer
28
SEC EDGARNathan Lowstuter, Chief Supply Chain Officer
29
SEC EDGARBrennen Carson, Chief Revenue Officer
30
SEC EDGARErik Schulz, Chief Acctg Officer (interim)
31
SEC EDGARAnand Rau, SVP, Engineering
32
SEC EDGARArym Diamond, SVP & Chief Revenue Officer
33
SEC EDGARMichael J. Burdiek, EVP Wireless Datacom Strategy
34
SEC EDGARGaro Sarkis Sarkissian, V.P. Corporate Development
35
SEC EDGARJill Kathleen Frizzley, Board member
36
SEC EDGARWes Cummins, Board member
37
SEC EDGARHenry J. Maier, Board member
38
SEC EDGARKirsten O. Wolberg, Board member
39
SEC EDGARJason Cohenour, Board member
40
SEC EDGARRoxanne Oulman, Board member
41
SEC EDGARJorge Titinger, Board member
42
SEC EDGARAmal M. Johnson, Board member
43
SEC EDGARKimberly Alexy, Board member
44
SEC EDGARLarry J. Wolfe, Board member
45
SEC EDGARFred M. Sturm, Board member
46
SEC EDGARFrank Perna Jr., Board member
47
SEC EDGARAlbert J. Moyer, Board member
48
SEC EDGARArthur H. Hausman, Board member
49
SEC EDGARRichard B. Gold, Board member
50
SEC EDGARThomas L. Ringer, Board member
51
SEC EDGARRichard M. Scott, General counsel
52
SEC EDGAROrin Hirschman SC 13G/A on CalAmp Corp.
53
SEC EDGARAristotle Capital Boston, LLC SC 13G/A on CalAmp Corp.
54
SEC EDGARVANGUARD GROUP INC SC 13G/A on CalAmp Corp.
55
SEC EDGARTrigran Investments, Inc. SC 13G/A on CalAmp Corp.
56
SEC EDGAR272 Capital LP SC 13D/A on CalAmp Corp.