Gilat Satellite Networks NASDAQ: GILT reported a stronger first quarter of 2026, with management citing broad-based revenue growth, margin expansion and increased demand across defense, commercial satellite communications and Peru connectivity programs.
Gilat Satellite (GILT) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to earnings of $0.03 per share a year ago.
Gilat Satellite Networks (GILT) is upgraded to 'Buy' as growth broadens across commercial, defense, and Peru segments, with 2025 revenue up 48% year-over-year. GILT's valuation is no longer cheap but remains reasonable relative to its 47.9% revenue growth, trading at 2.9x sales and 22.7x EV/EBITDA. Execution risk centers on Stellar Blu margin recovery and working capital management; GAAP gross margin fell to 28% and Q4 operating cash flow was negative.
Gilat Satellite Networks is transitioning from a cyclical SATCOM vendor to a durable, growth-driven in-flight connectivity (IFC) platform. Despite a 200% stock rise, GILT's valuation does not fully reflect its IFC-led growth, multi-orbit platform, and large aviation and defense orders. Current margin compression is due to ramp-up inefficiencies at Stellar Blu; profitability is expected to improve as scale and line-fit programs ramp from 2026.
Gilat Satellite Networks lands an $11M APAC contract for its SkyEdge platform, underscoring momentum in VHTS deployments and next-gen satellite infrastructure.
Amid macroeconomic volatility, growing global connectivity bodes well for Zacks Satellite and Communication industry participants, such as GSAT, IRDM and GILT.
Gilat Satellite Networks Ltd. offers a compelling Buy opportunity after a sharp correction, despite strong year-to-date gains and robust Q3 results. GILT is transforming into a high-growth satellite ground infrastructure provider, with recurring revenues and strong visibility, yet trades at value multiples due to temporarily compressed margins. Raised 2025 guidance and technical analysis support a target price for GILT shares of $17.89, with the current valuation offering significant upside as margin issues resolve by mid-2026.
Gilat's Q3 2025 results beat estimates on soaring revenue and strong project wins. A raised 2025 outlook signals continued growth momentum.
Gilat Satellite Networks Ltd. ( GILT ) Q3 2025 Earnings Call November 12, 2025 9:30 AM EST Company Participants Adi Sfadia - Chief Executive Officer Gil Benyamini - Chief Financial Officer Conference Call Participants Ryan Koontz - Needham & Company, LLC, Research Division Louie Dipalma - William Blair & Company L.L.C.
GILT's Q3 results may reflect strong defense and commercial momentum from Stellar Blu synergies and multi-million-dollar global contracts.
Gilat Satellite Networks is rated a buy, driven by robust contract growth, record revenues, and strategic M&A activity into 2026. GILT's order backlog exceeds $210 million, with major contracts in the US defense sector and digital inclusion projects in Peru fueling future growth. Valuation analysis shows GILT is slightly undervalued, with a projected 12% upside, outperforming peers and trading near its 52-week high.
GILT's Defense division wins a multimillion-dollar Israeli contract for advanced SATCOM systems, boosting its growth and 2025 revenue outlook.