| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 392.83M | 305.45M | 266.09M | 239.84M | 214.97M | 166.13M |
| Gross Profit | 126.08M | 113.33M | 104.94M | 86.91M | 71.27M | 41.38M |
| EBITDA | 44.57M | 43.26M | 41.83M | 18.74M | 11.45M | 46.35M |
| Net Income | 23.70M | 24.85M | 23.50M | -5.93M | -3.03M | 35.08M |
Balance Sheet | ||||||
| Total Assets | 675.75M | 429.75M | 426.89M | 385.41M | 367.74M | 412.19M |
| Cash, Cash Equivalents and Short-Term Investments | 154.88M | 119.38M | 103.96M | 86.59M | 84.02M | 88.75M |
| Total Debt | 65.03M | 8.57M | 14.90M | 3.83M | 4.10M | 8.90M |
| Total Liabilities | 285.15M | 125.31M | 152.20M | 141.29M | 119.41M | 161.80M |
| Stockholders Equity | 390.60M | 304.44M | 274.69M | 244.13M | 248.32M | 250.39M |
Cash Flow | ||||||
| Free Cash Flow | 33.36M | 25.06M | 21.20M | -1.98M | 9.97M | 38.44M |
| Operating Cash Flow | 44.50M | 31.67M | 31.94M | 10.81M | 18.90M | 43.16M |
| Investing Cash Flow | -124.00M | -6.61M | -12.69M | -8.16M | -11.09M | -4.72M |
| Financing Cash Flow | 124.91M | -8.11M | -1.59M | 0.00 | -39.00M | -24.09M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $1.42B | 34.95 | 6.71% | ― | 1.46% | 78.77% | |
72 Outperform | $283.84M | 20.67 | 5.24% | ― | 10.89% | ― | |
72 Outperform | $801.90M | 31.82 | 6.95% | ― | 29.67% | 41.90% | |
70 Outperform | $1.19B | 24.62 | 11.38% | ― | 1.93% | -43.22% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
49 Neutral | $718.59M | ― | -4.94% | ― | 2.95% | -228.28% | |
41 Neutral | $598.47M | ― | -48.44% | ― | 14.33% | 83.32% |
On November 12, 2025, Gilat Satellite Networks Ltd. announced its unaudited third-quarter results, highlighting a 58% increase in revenues to $117.7 million and a rise in adjusted EBITDA to $15.6 million. The company raised its full-year 2025 revenue and adjusted EBITDA guidance, reflecting strong financial performance and investor confidence. Notable achievements include securing multi-million dollar orders from the U.S. and Israeli defense sectors, significant commercial wins, and a $66 million private placement. These developments underscore Gilat’s competitive edge and potential for future growth in the satellite communications industry.
On November 5, 2025, Gilat Satellite Networks Ltd. announced a $7 million order for its Aerostream 60W Ka-band Wideband BUCs, which will be used in a next-generation In-Flight Connectivity solution for commercial aircraft. This order highlights Gilat’s expertise in delivering high-efficiency RF solutions for airborne connectivity, following successful line-fit certification and a joint qualification program completed in the third quarter of 2025.
On October 22, 2025, Gilat Satellite Networks Ltd. announced that it will release its third quarter 2025 financial results on November 12, 2025. Following the release, the company’s CEO and CFO will discuss the results and business achievements in a conference call and webcast. This announcement is significant as it provides stakeholders with insights into the company’s financial performance and strategic direction.
On October 15, 2025, Gilat Satellite Networks Ltd. announced that it received $42 million in orders from a leading satellite operator for its multi-orbit SkyEdge IV platform. These orders are expected to significantly expand the global deployment of the SkyEdge IV platform, which supports critical applications such as In-Flight Connectivity (IFC), maritime mobility, and enterprise broadband. The growing demand for free Wi-Fi and seamless, high-speed broadband is driving global investment in satellite infrastructure, positioning Gilat as a key player in the expansion of connectivity solutions.
On September 30, 2025, Gilat Satellite Networks Ltd. announced that its subsidiary, Gilat DataPath, received orders exceeding $7 million to supply Transportable SATCOM Terminals to the U.S. Army. This order includes the DKET 3421 transportable terminal, known for its robust and scalable design, which will enhance mission-critical connectivity for the U.S. Army. The deliveries are expected to be completed by the end of 2025. This development underscores the U.S. Army’s trust in Gilat’s technology and strengthens Gilat’s position in the defense communications market.
On September 16, 2025, Gilat Satellite Networks Ltd. completed a private placement of 7,058,820 Ordinary Shares to Israeli institutional and accredited investors, raising approximately $65 million. This strategic move, announced earlier on September 9, 2025, was conducted under a registration exemption and is expected to enhance the company’s financial position, although the shares are subject to transfer restrictions and will not be offered in the U.S. without proper registration.
On September 9, 2025, Gilat Satellite Networks Ltd. announced it had secured commitments from Israeli institutional and accredited investors for a private placement of 7,058,820 Ordinary Shares at a price of $9.35 per share, raising approximately $65 million after expenses. This issuance will represent about 11% of the company’s outstanding shares post-transaction, with proceeds intended for general corporate purposes. The private placement is restricted to Israeli investors and will not be registered under U.S. securities laws, highlighting Gilat’s strategic focus on its domestic market amidst ongoing geopolitical tensions.
On September 3, 2025, Gilat Satellite Networks Ltd. announced a significant contract award exceeding $7 million to supply the U.S. Department of Defense with transportable SATCOM terminals through its subsidiary, Gilat DataPath. This contract involves the delivery of multiple units of the DKET 3421 transportable terminals, known for their reliability and scalability, by the end of 2025. This development underscores Gilat’s continued support for defense organizations seeking robust communication solutions and reinforces its position as a key provider of mission-critical connectivity solutions.
On August 28, 2025, Gilat Satellite Networks Ltd. announced a revision of their financial statements to reflect a change in segment reporting, effective from the first quarter of 2025. The company now operates through three segments: Gilat Defense Division, Gilat Commercial Division, and Gilat Peru Division. This restructuring follows the acquisition of SBS and DataPath, enhancing their portfolio with next-generation SATCOM ESA terminal solutions. Despite geopolitical tensions and military conflicts affecting operations, Gilat’s offices in Israel remained operational, showcasing resilience in challenging circumstances.
On January 6, 2025, Gilat Satellite Networks Ltd., through its subsidiary Wavestream Corporation, completed the acquisition of Stellar Blu Solutions LLC, a U.S.-based provider of SATCOM terminal solutions. The acquisition, valued at $107.8 million with additional contingent considerations, was funded through existing cash resources and a secured credit facility. This strategic move is expected to enhance Gilat’s market position in the satellite communications industry by expanding its product offerings and potentially achieving synergies, although these are not reflected in the current financial statements.
On August 20, 2025, Gilat Satellite Networks Ltd. announced it has been awarded over $60 million in orders for its Stellar Blu ESA Sidewinder in-flight connectivity terminals by a leading satellite operator. This significant order marks a milestone in Gilat’s strategy to expand in-flight connectivity, particularly with new airline fleet awards and the first production run for Boeing’s OEM linefit terminals. This development is expected to open new opportunities in high-value markets such as VVIP and special mission aircraft, enhancing Gilat’s market positioning and offering advanced connectivity solutions.