Financials · GILT

Gilat Satellite Networks Ltd. (GILT) financials

For fiscal 2025 (ended Dec 31, 2025), Gilat Satellite Networks Ltd. reported $451.66M of revenue and $20.72M of net income.

Revenue, FY2025
$451.66M
Revenue growth, YoY
+47.9%
Net income, FY2025
$20.72M
Net income growth, YoY
-16.6%
Net margin
4.6%
Free cash flow, FY2025
$9.19M
EPS, diluted, FY2025
$0.34
EPS growth, YoY
-22.7%
Cash
$168.91M
Total debt
$2.00M
P/E
21.96
P/S
1.01
Market cap
$455.1M
Annual revenue$451.66M
FY2016FY2025
Annual net income$20.72M
FY2016FY2025
Annual free cash flow$9.19M
FY2016FY2025

GILT revenue and earnings growth

GILT revenueFY2025$451.66M

FY YoY
+47.9%
5Y CAGR
+22.1%
10Y CAGR
+8.6%

GILT revenue was $451.66M for fiscal 2025 (ended Dec 31, 2025), up 47.9% from fiscal 2024. Compound annual growth was +22.1% over 5 years and +8.6% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

GILT net incomeFY2025$20.72M

FY YoY
-16.6%
5Y CAGR
-10.0%

GILT net income was $20.72M for fiscal 2025 (ended Dec 31, 2025), down 16.6% from fiscal 2024. Compound annual growth was -10.0% over 5 years.

GILT EPSFY2025$0.34

FY YoY
-22.7%
5Y CAGR
-11.6%

GILT diluted EPS was $0.34 for fiscal 2025 (ended Dec 31, 2025), down 22.7% from fiscal 2024. Compound annual growth was -11.6% over 5 years.

GILT free cash flowFY2025$9.19M

FY YoY
-63.3%
5Y CAGR
-24.9%

GILT free cash flow was $9.19M for fiscal 2025 (ended Dec 31, 2025), down 63.3% from fiscal 2024. Compound annual growth was -24.9% over 5 years.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$451.66M$305.45M$266.09M$239.84M$214.97M$166.13M$257.33M$266.39M$282.76M$279.55M
Cost of revenue$318.31M$192.12M$161.15M$152.93M$143.70M$124.75M$161.14M$172.35M$200.26M$204.06M
Gross profit$133.34M$113.33M$104.94M$86.91M$71.27M$41.38M$96.20M$94.04M$82.50M$75.49M
Research and development$46.65M$38.14M$41.17M$35.64M$31.34M$26.30M$30.18M$33.02M$28.01M$24.85M
Selling, general and admin$31.34M$26.87M$19.21M$18.41M$15.59M$14.06M$18.52M$17.02M$19.86M$26.47M
Operating income$23.44M$27.70M$28.09M$9.95M$2.18M$37.78M$25.89M$21.28M$10.86M$755.0K
Interest expense-$8.45M-$2.96M-$3.65M-$3.82M-$2.65M$2.58M$4.11M$5.31M$5.11M$5.95M
Pre-tax income$18.91M$29.20M$28.19M$7.13M$459.0K$35.87M$23.27M$16.99M$6.55M-$4.09M
Income tax-$1.81M$4.35M$4.69M$13.06M$3.49M$793.0K-$13.58M-$1.42M-$247.0K$1.25M
Net income$20.72M$24.85M$23.50M-$5.93M-$3.03M$35.08M$36.86M$18.41M$6.80M-$5.34M
EPS, basic$0.35$0.44$0.41-$0.10-$0.05$0.63$0.67$0.34$0.12-$0.10
EPS, diluted$0.34$0.44$0.41-$0.10-$0.05$0.63$0.66$0.33$0.12-$0.10
Diluted shares60.4M57.0M56.7M56.6M56.4M55.6M56.0M55.8M54.9M52.0M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$168.91M$119.38M$103.96M$87.14M$84.46M$115.96M$101.97M$104.20M$86.76M$111.63M
Short-term investments$16.43M$0-$0$2.16M$0----
Receivables$85.93M$49.60M$44.73M$50.64M$39.16M$27.98M$47.73M$47.16M$50.05M$89.38M
Inventory$45.43M$38.89M$38.52M$33.02M$28.43M$31.30M$27.20M$21.11M$28.85M$21.47M
Current assets$391.18M$255.63M$240.57M$215.05M$199.41M$238.91M$223.48M$246.11M$243.68M$239.28M
Goodwill$169.53M$52.49M$54.74M$43.47M$43.47M$43.47M$43.47M$43.47M$43.47M$43.47M
Total assets$746.05M$429.75M$426.89M$385.41M$367.74M$412.19M$391.84M$394.75M$391.56M$383.20M
Current liabilities$215.48M$101.44M$126.58M$125.79M$108.51M$148.81M$120.95M$140.35M$151.65M$146.67M
Short-term debt$2.00M$0--$0$4.00M$4.10M$4.46M$4.48M$4.62M
Long-term debt$0$2.00M$2.00M$0------
Total debt$2.00M$2.00M$2.00M$0-$4.00M$8.10M$12.56M$17.06M$21.55M
Shareholders' equity$500.28M$304.44M$274.69M$244.13M$248.32M$250.39M$270.00M$255.17M$218.32M$209.83M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$20.68M$31.67M$31.94M$10.81M$18.90M$43.16M$34.78M$32.02M-$17.22M-$36.88M
Capital expenditures$11.49M$6.61M$10.75M$12.79M$8.93M$4.72M$7.98M$10.76M$3.69M$4.31M
Free cash flow$9.19M$25.06M$21.20M-$1.98M$9.97M$38.44M$26.80M$21.26M-$20.91M-$41.19M
Investing cash flow-$136.37M-$6.61M-$12.69M-$8.16M-$11.09M-$4.72M-$7.98M-$10.76M-$3.69M-$4.31M
Financing cash flow$163.20M-$8.11M-$1.59M$0-$39.00M-$24.09M-$28.94M-$2.32M-$4.01M$23.92M
Dividends paid--$0$0$35.00M$20.00M$24.86M---
Stock-based compensation$8.42M$6.73M$3.42M$2.22M$1.30M$1.28M$2.13M$1.01M$856.0K$908.0K
Depreciation and amortization$23.65M$13.55M$13.40M$11.61M$10.99M$10.29M$10.98M$13.15M$13.14M$13.11M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY47.9%14.8%10.9%11.6%29.4%-35.4%-3.4%-5.8%1.1%41.5%
Net income growth, YoY-16.6%5.7%----4.8%100.2%170.7%--
EPS growth, YoY-22.7%7.3%----4.5%100.0%175.0%--
Gross margin29.5%37.1%39.4%36.2%33.2%24.9%37.4%35.3%29.2%27.0%
Operating margin5.2%9.1%10.6%4.1%1.0%22.7%10.1%8.0%3.8%0.3%
Net margin4.6%8.1%8.8%-2.5%-1.4%21.1%14.3%6.9%2.4%-1.9%
Free cash flow margin2.0%8.2%8.0%-0.8%4.6%23.1%10.4%8.0%-7.4%-14.7%
Return on equity4.1%8.2%8.6%-2.4%-1.2%14.0%13.7%7.2%3.1%-2.5%
Return on assets2.8%5.8%5.5%-1.5%-0.8%8.5%9.4%4.7%1.7%-1.4%
Current ratio1.822.521.901.711.841.611.851.751.611.63
Debt to equity0.000.010.010.00-0.020.030.050.080.10

Source: XBRL data Gilat Satellite Networks Ltd. files with the SEC, latest filing dated Mar 16, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

GILT peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
GILT$451.66M+47.9%$20.72M4.6%$455.1M
QCOM$43.12B-2.6%$13.63B31.6%$185.68B
MSI$12.60B+11.4%$2.08B16.5%$87.19B
NOK€19.89B+3.5%€651.00M3.3%$47.34B
UI$3.57B+29.4%$1.07B30.1%$41.48B
ERICSEK 236.68B-4.5%SEK 28.43B12.0%$35.87B
PL$378.28M+44.1%-$359.87M-95.1%$5.19B
ONDS$174.10M+979.3%$167.06M96.0%$3.24B
HLIT$502.23M+70.9%-$35.19M-7.0%$1.07B

GILT FAQ

9 questions
  • What is GILT revenue?
    Gilat Satellite Networks Ltd. (GILT) reported $451.66M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 47.9% from the year before.
  • Is GILT profitable?
    Yes. Gilat Satellite Networks Ltd. earned $20.72M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 4.6%.
  • How much cash and debt does GILT have?
    Gilat Satellite Networks Ltd. reported $168.91M in cash and cash equivalents and $2.00M of debt on its most recent balance sheet in SEC filings.
  • How fast is GILT revenue growing?
    Gilat Satellite Networks Ltd.'s revenue changed +47.9% in fiscal 2025, to $451.66M. Its compound annual growth rate was +22.1% over 5 years and +8.6% over 10 years.
  • What is GILT gross margin?
    Gilat Satellite Networks Ltd.'s gross profit was $133.34M on $451.66M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 29.5%.
  • What is GILT free cash flow?
    Gilat Satellite Networks Ltd. generated $9.19M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $20.68M less capital expenditures.
  • What is GILT earnings per share?
    Diluted earnings per share were $0.34 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did GILT last report financial results?
    The latest statements here come from Gilat Satellite Networks Ltd.'s 20-F filed on Mar 16, 2026, covering the period ended Dec 31, 2025.
  • Where does this GILT financial data come from?
    Quantisnow builds these statements from the structured XBRL data Gilat Satellite Networks Ltd. files with the SEC. It is provided for information only and is not investment advice.