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Gilat Satellite Networks Ltd (GILT)
NASDAQ:GILT
Earnings Data
Report Date
May 25, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.04Last Year’s EPS
0.03Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong top-line growth, significant commercial and defense wins, a strengthened balance sheet after meaningful capital raises, and positive 2026 guidance — offset by margin compression tied to the Stellar Blue integration, higher operating expenses and amortization, a missed Stellar Blue milestone and timing slippage of a large order, and expected near-term Peru revenue decline. On balance, the company appears to have solid momentum and financial flexibility, though execution on margin recovery and conversion of delayed orders will be key near-term risk factors.Company Guidance
Strong Top-Line Growth
Q4 2025 revenue of $137.0M, up 75% year-over-year (from $78.1M). Full year 2025 revenue of $451.7M, up 48% year-over-year (from $305.4M). Management reports 6% year-over-year organic growth for the full year and Q4 organic growth of 28%.
Adjusted EBITDA and Non-GAAP Profitability Improvement
Adjusted EBITDA for Q4 2025 was $18.2M, up 50% YoY (from $12.1M). Full year adjusted EBITDA was $53.2M, up 26% YoY (from $42.2M). Non-GAAP net income for Q4 2025 was $13.4M ($0.20 diluted EPS) versus $8.5M ($0.15) in Q4 2024.
Commercial/IFC Momentum and Product Wins
Commercial segment Q4 revenue $75.1M, up 103% YoY (from $37.0M), driven primarily by in-flight connectivity (IFC) including Stellar Blue. Key orders in Q4: $42M SkyH4 multi-orbit platform order, ~$11M SkyEdge order in Asia Pacific, $16M+ WaveStream Gateway orders for LEO constellations, and a $7M order for Airstream Bucks units for aircraft IFC.
Stellar Blue Integration and Unit Ramp
Stellar Blue is fully integrated; 2025 Stellar Blue revenues ~ $127M (within the $120M–$150M range given). Q4 deliveries were ~190 terminals; 2025 deliveries exceeded 500 units. Over 420 aircraft are online with the ESA terminal and >1 million passengers served weekly.
Defense Business Traction and New Market Entry
Defense segment Q4 revenue $33.3M, up 14% YoY (from $29.4M). Management reported a record year for Gilat Defense sales, >35% YoY growth in new order bookings, and a new Earth Observation expansion with an approximately $10M direct-downlink order.
Peru National Projects and Backlog
Gilat Peru closed >$85M in agreements for upgrades across four regional networks; projects are ahead of schedule. Management reports a growing backlog and expects additional large RFPs and follow-on orders in 2026.
Balance Sheet Strengthening and Liquidity
Completed capital raises totaling $166M in 2025 (including an additional $100M in Q4). Repaid a $60M loan in December 2025. Total cash, equivalents, restricted cash and short-term deposits were $185.4M as of Dec 31, 2025 (approximately $183.4M net of loans). Shareholders' equity grew to $500M (from $391M on Sept 30, 2025). Full-year operating cash flow was ~ $21M.
Positive 2026 Guidance
Company guides 2026 revenues of $500M–$520M (midpoint ≈ +13% YoY) and adjusted EBITDA of $61M–$66M (midpoint ≈ +19% YoY). Segment guidance includes commercial $315M–$335M (midpoint ≈ +16%), defense guidance (quoted as $115M–$113M in the release) with management noting ~22% growth at the midpoint, and Peru $60M–$65M (midpoint ~11% decline due to shift to operations).
GILT Earnings History
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 |
|---|---|---|---|
Feb 10, 2026 | $19.27 | $15.04 | -21.95% |
Nov 12, 2025 | $12.48 | $13.38 | +7.21% |
Aug 06, 2025 | $7.35 | $9.15 | +24.49% |
May 19, 2025 | $6.68 | $5.99 | -10.33% |
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.
FAQ
When does Gilat Satellite Networks Ltd (GILT) report earnings?
Gilat Satellite Networks Ltd (GILT) is schdueled to report earning on May 25, 2026, Before Open (Confirmed).
What is Gilat Satellite Networks Ltd (GILT) earnings time?
Gilat Satellite Networks Ltd (GILT) earnings time is at May 25, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GILT EPS forecast?
GILT EPS forecast for the fiscal quarter 2026 (Q1) is 0.04.
