GILAT SATELLITE NETWORKS (GILT) Company Report

Gilat Satellite Networks Ltd. announced an oversubscribed private placement, raising US$100 million from Israeli institutional and accredited investors.
The company expects to issue 8,888,889 Ordinary Shares at a purchase price of US$11.25 per share, which represents an approximately 7.9% discount to the 10-day Volume Weighted Average Price (VWAP) ending December 15, 2025.
These newly issued shares are expected to represent approximately 12.15% of the company's issued and outstanding Ordinary Shares after the sale.
Gilat anticipates receiving net proceeds of approximately US$98.8 million, which it intends to use for general corporate purposes, including potential strategic acquisitions.
The closing of the transaction is subject to customary conditions and is expected to be completed in December 2025.

5 days ago

6-K

Gilat Receives Over $6 Million in Orders for LEO Constellations

GILT

New Projects/Investments

Revenue Acceleration/Inflection

Gilat Satellite Networks Ltd. announced that its Commercial Division received orders exceeding $6 million.
These orders are for Gilat Wavestream’s Gateway Solid State Power Amplifiers (SSPAs).
The SSPAs are intended to support Low Earth Orbit (LEO) constellations.
Deliveries for these orders are expected over the next 12 months.

Nov 20, 2025, 12:00 PM

6-K

Gilat Satellite Networks Reports Strong Q3 2025 Results and Raises Full-Year Guidance

GILT

Earnings

Guidance Update

New Projects/Investments

Gilat Satellite Networks reported Q3 2025 revenues of $117.7 million, a 58% increase year-over-year, and adjusted EBITDA of $15.6 million, up 46% from Q3 2024.
The company updated its full-year 2025 guidance, narrowing the revenue range to $445 million to $455 million (midpoint 47% growth) and adjusted EBITDA to $51 million to $53 million (midpoint 23% growth).
Key orders in Q3 2025 included $42 million for SkyH4 for in-flight connectivity, over $60 million for Stellar Blue's Sidewinder ESA IFC terminal, and $85 million in total for Peru expansion projects.
The balance sheet was strengthened by a $66 million private placement, resulting in $155 million in total cash, cash equivalents, and restricted cash as of September 30, 2025.

Nov 12, 2025, 2:30 PM

Transcript

Gilat Satellite Networks Reports Strong Q3 2025 Results and Raises Full-Year Guidance

GILT

Earnings

Guidance Update

New Projects/Investments

Gilat Satellite Networks reported Q3 2025 revenues of $117.7 million, a 58% increase year-over-year compared to Q3 2024, and adjusted EBITDA of $15.6 million, up 46% from the same quarter last year.
The company raised and narrowed its full-year 2025 guidance, now expecting revenues between $445-$455 million (representing 47% growth at the midpoint) and adjusted EBITDA between $51-$53 million (representing 23% growth at the midpoint).
Significant new orders and awards in Q3 2025 included $85 million for Peru projects, $60 million for Stellar Blu's Sidewinder ESA IFC terminal, $42 million for SkyEdge IV, and $14 million for DKET terminals from the U.S. Army and Department of Defense.
Gilat ended Q3 2025 with a strong cash position of $155 million as of September 30, 2025, following a $66 million private placement from institutional and accredited investors.
Stellar Blu's production is ramping up, with profitability expected to begin in Q4, and gross margins are anticipated to improve significantly in 2026.

Nov 12, 2025, 2:30 PM

Transcript

Gilat Satellite Networks Reports Strong Q3 2025 Results and Raises Full-Year Guidance

GILT

Earnings

Guidance Update

New Projects/Investments

Gilat reported strong Q3 2025 revenues of $117.7 million, a 58% increase year-over-year, and adjusted EBITDA of $15.6 million, up 46% from Q3 2024.
The company narrowed and raised its full-year 2025 guidance, projecting revenues between $445-$455 million and adjusted EBITDA between $51-$53 million.
Significant orders were secured, including over $14 million for defense terminals, $42 million for SkyEdge 4, more than $60 million for Stellar Blu's Sidewinder IFC terminal, and an additional $25 million for a Peru expansion project, bringing the total for Peru in the quarter to $85 million.
Gilat's balance sheet was strengthened by a $66 million private placement, resulting in a $155 million cash position as of September 30, 2025.
StellarBlue generated close to $30 million in revenue in Q3 2025 and is expected to become profitable starting Q4, with significant gross margin improvement anticipated in 2026.

Nov 12, 2025, 2:30 PM

Transcript

Gilat Satellite Networks Reports Strong Q3 2025 Results and Raises Full-Year Guidance

GILT

Earnings

Guidance Update

Revenue Acceleration/Inflection

Gilat Satellite Networks Ltd. reported Q3 2025 revenues of $117.7 million, marking a 58% increase from Q3 2024, with GAAP operating income of $7.5 million and Adjusted EBITDA of $15.6 million.
GAAP net income for Q3 2025 was $8.1 million, or $0.14 per diluted share, and Non-GAAP net income was $11.8 million, or $0.19 per diluted share.
The company raised the midpoint of its full-year 2025 revenue guidance to between $445 million and $455 million, and Adjusted EBITDA guidance to between $51 million and $53 million.
Significant business developments include a $66 million private placement and new orders totaling $85 million from Pronatel in Peru, alongside multi-million dollar contracts from the U.S. Department of Defense and the Israeli Ministry of Defense.

Nov 12, 2025, 12:13 PM

Press Release

Gilat Satellite Networks Ltd. Reports Strong Q3 2025 Results and Raises Full-Year Guidance

GILT

Earnings

Guidance Update

Revenue Acceleration/Inflection

Gilat Satellite Networks Ltd. reported revenues of $117.7 million for Q3 2025, a 58% increase compared to $74.6 million in Q3 2024.
The company's GAAP operating income rose to $7.5 million in Q3 2025, up from $6.7 million in Q3 2024, and Adjusted EBITDA grew to $15.6 million from $10.7 million in Q3 2024.
Gilat is raising the midpoint of its full-year 2025 financial outlook, with expected revenues now between $445 million and $455 million and Adjusted EBITDA between $51 million and $53 million.
During the quarter, Gilat completed a $66 million private placement, which the CEO noted reflects investor confidence and provides additional resources for growth.

Nov 12, 2025, 12:00 PM

6-K

Gilat Satellite Networks Receives $7 Million Order for In-Flight Connectivity Solution

GILT

New Projects/Investments

Product Launch

Gilat Satellite Networks Ltd. announced on November 5, 2025, that its Commercial Division received a $7 million order for Gilat Wavestream’s Aerostream 60W Ka-band Wideband BUCs.
These units are designated for deployment in a next-generation In-Flight Connectivity (IFC) solution on commercial aircraft, designed to enable robust, high-speed connectivity across both LEO and GEO satellites.
Deliveries for this order are expected over the next 24 months.
The order follows the successful completion of a joint qualification program in Q3 2025 and the product's successful line-fit certification by aircraft manufacturers.

Nov 5, 2025, 11:59 AM

6-K

Gilat Receives $42 Million in Orders for SkyEdge IV Platform

GILT

New Projects/Investments

Gilat Satellite Networks Ltd. (GILT) has received $42 million in orders from a leading satellite operator.
These orders are primarily for Gilat's multi-orbit SkyEdge IV platform.
The systems are scheduled for delivery over the next 12 months.
The orders are expected to significantly expand the global deployment of Gilat’s SkyEdge IV platform, which supports critical applications such as In-Flight Connectivity (IFC), maritime mobility, enterprise broadband, and cellular backhaul.

Oct 15, 2025, 11:09 AM

Press Release

Gilat Satellite Networks Receives $42 Million in Orders for SkyEdge IV Platform

GILT

New Projects/Investments

Revenue Acceleration/Inflection

Gilat Satellite Networks Ltd. (GILT) announced it has received $42 million in orders from a leading satellite operator.
The orders are primarily for Gilat's multi-orbit SkyEdge IV platform.
The systems are scheduled for delivery over the next 12 months.
These orders are expected to significantly expand the global deployment of the SkyEdge IV platform, which supports applications such as In-Flight Connectivity (IFC) and other high-growth mobility applications.