The earnings call highlighted significant revenue growth, particularly in the commercial and defense segments, buoyed by strategic contracts and a strong performance in Peru. However, challenges such as decreased gross margins and issues with Stellar Blu's production ramp-up were noted. Despite these challenges, the overall outlook remains positive with strong future growth potential.

Company Guidance -

Q3 2025

During the second quarter of 2025, Gilat Satellite Networks reported a revenue increase of 37% year-over-year, reaching $105 million, with $36 million contributed by their recent acquisition, Stellar Blu. The company's adjusted EBITDA rose by 17% to $11.8 million, despite the ramp-up losses from Stellar Blu, which, when excluded, showed a 32% year-over-year increase to $13.3 million. Gilat also narrowed its full-year revenue guidance to $435-$455 million, projecting a 46% growth at the midpoint, and adjusted EBITDA guidance to $50-$53 million, indicating a 22% growth. In the commercial sector, significant orders included a $40 million contract for the SkyEdge IV platform and over $47 million from Tier 1 satellite operators. The defense segment received over $8 million of orders from the Israeli Ministry of Defense and a new contract with the U.S. Army valued at up to $70 million. Stellar Blu's revenue expectation remains between $120 million and $150 million, with a focus on improving margins despite current production challenges.

Significant Revenue Growth

Gilat's second quarter revenues reached $105 million, a 37% increase year-over-year, with Stellar Blu contributing $36 million.

Commercial Segment Expansion

The commercial segment revenues rose to $69.1 million from $43.4 million in the previous year, a 59% increase, driven primarily by Stellar Blu.

Strong Performance in Peru

Gilat Peru was awarded more than $60 million in new orders from Pronatel, indicating solid growth in regional network infrastructure projects.

Defense Division Growth

The Defense division secured significant contracts, including over $8 million from the Israeli Ministry of Defense and a $7 million initial order from the U.S. Army, with potential for up to $70 million.

Virtualized SkyEdge IV Platform Contract

Signing of a $40 million contract for the SkyEdge IV platform, reflecting a shift to cloud-native environments.

Gilat (GILT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GILT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 18, 2025	2025 (Q3)	0.09 / -	0.14	―	―	―
Aug 06, 2025	2025 (Q2)	0.03 / 0.21	0.1	110.00% (+0.11)
May 19, 2025	2025 (Q1)	0.06 / 0.03	0.11	-72.73% (-0.08)	―
Feb 12, 2025	2024 (Q4)	0.17 / 0.15	0.11	36.36% (+0.04)	―
Nov 13, 2024	2024 (Q3)	0.07 / 0.14	0.08	75.00% (+0.06)	―
Aug 07, 2024	2024 (Q2)	0.05 / 0.10	0.09	11.11% (+0.01)	―
May 08, 2024	2024 (Q1)	- / 0.11	0.07	57.14% (+0.04)
Feb 26, 2024	2023 (Q4)	0.06 / 0.11	0.14	-21.43% (-0.03)	―
Nov 07, 2023	2023 (Q3)	0.05 / 0.08	0.06	33.33% (+0.02)	―
Aug 08, 2023	2023 (Q2)	0.02 / 0.09	0.03	200.00% (+0.06)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GILT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$7.35	$9.15	+24.49%
May 19, 2025	$6.68	$5.99	-10.33%
Feb 12, 2025	$7.39	$7.10	-3.92%
Nov 13, 2024	$5.65	$4.98	-11.86%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.