Saturday 17 October 2026
Export GILT’s income statement to Excel — free account
Gilat Satellite Networks Ltd.
GILT Technology Communication Equipment
Gilat Satellite Networks Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $451.7 million, up 47.9% from fiscal 2024. In the quarter to June 2026, revenue grew 16.9%, EPS fell 35.3%, free cash flow fell 250.3% and total debt fell 96.5%, each against the same quarter a year earlier. Revenue growth for five consecutive years.
7.83
0.22
−2.73%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 3.28 | 4.12 | 7.36 | 7.32 | 4.70 | 6.58 | 4.97 | 4.51 | 4.04 | 5.30 |
Analyst estimates 2026–2028 Powerpack |
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| High | 5.50 | 7.90 | 10.74 | 9.87 | 10.76 | 22.69 | 9.11 | 7.16 | 6.66 | 15.24 | |||||
| People | |||||||||||||||
| People | Employees | 1,068 | 1,041 | 1,012 | 864 | 779 | 796 | 987 | 1,183 | 1,118 | 1,159 | ||||
| Revenue/emp, $m | 0.26 | 0.27 | 0.26 | 0.30 | 0.21 | 0.27 | 0.24 | 0.22 | 0.27 | 0.39 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 280 | 283 | 266 | 263 | 166 | 215 | 240 | 266 | 305 | 452 | ||||
| Gross margin, % | 27.00 | 29.18 | 35.30 | 36.39 | 24.91 | 33.15 | 36.24 | 39.44 | 37.10 | 29.52 | |||||
| EBT | (4) | 7 | 17 | 23 | 36 | 0 | 7 | 28 | 29 | 19 | |||||
| EBT margin, % | (1.46) | 2.32 | 6.38 | 8.71 | 21.59 | 0.21 | 2.97 | 10.60 | 9.56 | 4.19 | |||||
| Net income | (5) | 7 | 18 | 37 | 35 | (3) | (6) | 24 | 25 | 21 | |||||
| Depreciation | 13 | 13 | 13 | 11 | 10 | 11 | 12 | 13 | 14 | 24 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 5.38 | 5.17 | 4.85 | 4.76 | 2.99 | 3.81 | 4.24 | 4.70 | 5.36 | 7.60 | ||||
| Earnings | (0.10) | 0.12 | 0.34 | 0.66 | 0.63 | (0.05) | (0.10) | 0.41 | 0.44 | 0.35 | |||||
| Cash flow | 0.21 | (0.31) | 0.58 | 0.63 | 0.78 | 0.34 | 0.19 | 0.56 | 0.56 | 0.35 | |||||
| Capex | (0.08) | (0.07) | (0.20) | (0.14) | (0.17) | (0.32) | (0.16) | (0.15) | (0.12) | (0.19) | |||||
| Free cash flow | 0.12 | (0.38) | 0.39 | 0.48 | 0.61 | 0.02 | 0.04 | 0.41 | 0.44 | 0.15 | |||||
| Book value | 4.04 | 3.99 | 4.35 | 4.58 | 4.51 | 4.40 | 4.31 | 4.85 | 5.34 | 8.42 | |||||
| Shares, m | 52 | 55 | 55 | 55 | 56 | 56 | 57 | 57 | 57 | 59 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 64.97 | 26.94 | 12.12 | 10.52 | 0.00 | 0.00 | 14.74 | 13.98 | 38.06 | ||||
| P/S | 0.94 | 1.58 | 1.89 | 1.66 | 2.18 | 1.85 | 1.40 | 1.32 | 1.15 | 1.70 | |||||
| P/B | 1.25 | 2.04 | 2.10 | 1.72 | 1.45 | 1.61 | 1.38 | 1.28 | 1.15 | 1.54 | |||||
| EV/Sales | 0.62 | 1.33 | 1.55 | 1.30 | 1.52 | 1.47 | 1.05 | 0.96 | 0.77 | 1.42 | |||||
| EV/FCF | 26.59 | (18.01) | 19.36 | 12.78 | 6.58 | 31.72 | 124.74 | 10.94 | 9.38 | 69.80 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 11 | (17) | 32 | 35 | 43 | 19 | 11 | 32 | 32 | 21 | ||||
| Capex | (4) | (4) | (11) | (8) | (9) | (18) | (9) | (9) | (7) | (11) | |||||
| Free cash flow | 6 | (21) | 21 | 27 | 34 | 1 | 2 | 23 | 25 | 9 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 93 | 92 | 106 | 103 | 90 | 91 | 89 | 114 | 154 | 176 | ||||
| Total debt | 22 | 17 | 13 | 8 | 7 | 4 | 4 | 2 | 2 | 2 | |||||
| Net debt | (90) | (70) | (92) | (94) | (109) | (83) | (83) | (103) | (118) | (183) | |||||
| Shareholders’ equity | 210 | 218 | 239 | 254 | 250 | 248 | 244 | 275 | 304 | 500 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (1.42) | 1.76 | 4.68 | 9.29 | 8.73 | (0.78) | (1.57) | 5.79 | 5.80 | 3.52 | ||||
| ROIC | 0.39 | 4.56 | 9.01 | 10.00 | 16.69 | 0.82 | 3.87 | 10.21 | 9.30 | 4.62 | |||||
| ROE | (2.75) | 3.18 | 8.05 | 14.83 | 13.92 | (1.22) | (2.41) | 9.06 | 8.58 | 5.15 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Gilat Satellite Networks Ltd. vs peers in Communication Equipment (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| VISN Vistance Networks, Inc. | $1.4B | 0.2× | 9.4× | −1.39% (below 0%: shrinking) | +1,671.43% (above 0%: growing) | −200.40% (below 0%: shrinking) | 35.33% | (2.78%) | Compare |
| HLIT Harmonic Inc. | $1.2B | — (loss-making) | 32.4× | +53.55% (above 0%: growing) | n/m | +54.60% (above 0%: growing) | 52.37% | 17.71% | Compare |
| FEIM Frequency Electronics, Inc. | $788.9M | 261× | 65.7× | +69.79% (above 0%: growing) | +485.71% (above 0%: growing) | +361.82% (above 0%: growing) | 45.84% | 22.17% | Compare |
| TSAT Telesat Corporation | $709.9M | — (loss-making) | — (loss-making) | −25.15% (below 0%: shrinking) | n/m | +68.09% (above 0%: growing) | 93.15% | (16.02%) | Compare |
| GILT Gilat Satellite Networks Ltd. | $620.1M | 17.0× | 44.7× | +16.86% (above 0%: growing) | −35.29% (below 0%: shrinking) | −250.32% (below 0%: shrinking) | 30.37% | 3.83% | |
| NTGR NETGEAR, Inc. | $606.4M | — (loss-making) | — (loss-making) | −1.16% (below 0%: shrinking) | n/m | −118.63% (below 0%: shrinking) | 40.21% | (5.01%) | Compare |
| ADTN ADTRAN Holdings, Inc. | $532.1M | — (loss-making) | — (loss-making) | +6.07% (above 0%: growing) | n/m | −52.65% (below 0%: shrinking) | 36.97% | (3.58%) | Compare |
| CLFD Clearfield, Inc. | $407.4M | — (loss-making) | 76.5× | +13.18% (above 0%: growing) | +100.00% (above 0%: growing) | −6.00% (below 0%: shrinking) | 31.79% | 5.86% | Compare |
| LTRX Lantronix, Inc. | $274.2M | — (loss-making) | 179× | +8.03% (above 0%: growing) | n/m | +89.00% (above 0%: growing) | 43.67% | (1.26%) | Compare |
| Median of peers | $658.1M | — | 65.7× | +7.05% | +485.71% | +24.30% | 41.94% | (2.02%) |
Gilat Satellite Networks Ltd. (GILT) key facts
- Strength: Gilat Satellite Networks Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $451.7 million, up 47.9% from fiscal 2024.
- Gilat Satellite Networks Ltd. (GILT) is a Communication Equipment company in the Technology sector, listed on Nasdaq.
- As of October 16, 2026, GILT traded at $7.83, a market capitalization of $620.1 million.
- Return on equity was 5.15% and debt-to-equity 0.00.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 1.72 (distress zone) for fiscal 2025.