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Small Cap
Communication Equipment
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
VISN icon
1
Vistance Networks Inc
VISN
$1.34B
$1.34B $5.80 1.53%
HLIT icon
2
Harmonic Inc
HLIT
$1.17B
$1.17B $10.69 1.04%
UMAC icon
3
Unusual Machines
UMAC
$815M
$815M $16.31 8.52%
FEIM icon
4
Frequency Electronics
FEIM
$735M
$735M $65.18 6.86%
TSAT icon
5
Telesat
TSAT
$684M
$684M $44.96 3.35%
GILT icon
6
Gilat Satellite Networks
GILT
$603M
$603M $7.83 2.73%
NTGR icon
7
NETGEAR
NTGR
$599M
$599M $22.05 1.17%
ADTN icon
8
Adtran
ADTN
$514M
$514M $6.31 3.37%
CLFD icon
9
Clearfield
CLFD
$400M
$400M $29.47 1.73%
AUDC icon
10
AudioCodes
AUDC
$271M
$271M $11.20 0.8%
LTRX icon
11
Lantronix
LTRX
$263M
$263M $5.61 4.1%

Small Cap Communication Equipment Stocks at a Glance

Communication equipment companies build the gear behind networks — routing and switching, fiber optics, wireless infrastructure, and satellite systems. Sales follow carrier and enterprise capex cycles, with each wireless and bandwidth upgrade wave driving multi-year spending.

There are 11 small cap Communication Equipment stocks — companies in the Communication Equipment industry with a market cap between $250M and $2B — worth a combined $7.39B.

The largest by market cap are Vistance Networks Inc (VISN) at $1.34B, Harmonic Inc (HLIT) at $1.17B and Unusual Machines (UMAC) at $815M.

Among institutional investors, Unusual Machines (UMAC) drew the most net new fund positions in Q2 2026: 74 funds opened new positions, taking total fund holders up 41 (29%) quarter-over-quarter.

Market caps and prices updated daily; fund activity based on aggregated SEC 13F filings for Q2 2026.