Gilat Satellite Networks (GILT)
NASDAQ:GILT
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Earnings Data
Report Date
Aug 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.1Last Year’s EPS
0.21Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a decidedly positive operational and financial trajectory: strong revenue growth (+20% YoY), margin expansion, a swing to GAAP profitability, nearly doubled adjusted EBITDA, meaningful commercial and defense orders, product certification progress (Sidewinder Line‑fit with Boeing) and solid liquidity. Management reiterated full-year guidance and highlighted technology demos and strategic partnerships (AWS, Nelco, virtualized gateway, 5G NTN work). Key risks discussed include working capital timing (quarterly operating cash use and DSOs), execution/timing lag between defense bookings and revenue, remaining DataPath earnout considerations, Stellar Blu integration and R&D timing, and the multi-year timeline for full 5G NTN market maturity — factors that add timing uncertainty but do not negate the underlying growth momentum. Overall, positive financial results and a healthy pipeline outweigh the noted timing and operational risks.Company Guidance
Strong Top-Line Growth
Q1 2026 revenue of $110.5M, a 20% year-over-year increase from $92.0M in Q1 2025.
Significant Profitability Improvement
Adjusted EBITDA of $15.1M — nearly double year-over-year — GAAP net income $5.2M (vs. GAAP net loss $6.0M a year ago), and non-GAAP net income of $13.6M (vs. $1.8M prior year).
Improved Margins
GAAP gross margin improved to 34% from 31% YoY; non-GAAP gross margin increased to 36% from 32% YoY, driven by favorable deal mix and Stellar Blu margin improvements.
Broad-Based Segment Growth
Commercial revenues $72.8M (+13% YoY), Defense revenues $25.4M (+10% YoY), and Peru revenues $12.3M (up from $4.8M — ~+156% YoY) reflecting backlog execution and program expansion.
Robust Orders, Backlog and Partnerships
Notable commercial and defense awards: $39M in Sidewinder ESA orders; $16M European MoD transportable solution order; $9M Israel MoD order; >$7M EnduroStream amplifiers for U.S. defense; ~$6M U.S. Army services order; strategic deployment partnership with Nelco (India) for SkyEdge IV.
Product & Technology Milestones
Delivered ~750 Sidewinder ESA terminals (570+ installed/in-service); Sidewinder achieved Boeing in‑cabin milestone with Line-fit certification on track and first deliveries expected in Q4; ESR2030 commercially available; successful virtualized SATCOM gateway demo on AWS and a 5G NTN demo highlight technological progress.
Strong Liquidity and Balance Sheet
Ended the quarter with $171M in liquidity (cash, equivalents, restricted cash, short-term deposits) and shareholders' equity of $536M; generated ~$15M cash over the trailing 12 months.
Reiterated 2026 Guidance
Full-year 2026 guidance reaffirmed: revenues $500M–$520M (midpoint ≈ +13% YoY) and adjusted EBITDA $61M–$66M (midpoint ≈ +19% YoY), reflecting confidence from backlog and pipeline.
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 |
|---|---|---|---|
May 13, 2026 | $19.91 | $15.65 | -21.40% |
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% |
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 (GILT) report earnings?
Gilat Satellite Networks (GILT) is schdueled to report earning on Aug 11, 2026, Before Open (Confirmed).
What is Gilat Satellite Networks (GILT) earnings time?
Gilat Satellite Networks (GILT) earnings time is at Aug 11, 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 (Q2) is 0.1.
