Gilat Satellite Networks (NASDAQ:GILT) Releases Earnings Results, Beats Estimates By $0.07 EPS

Gilat Satellite Networks (NASDAQ:GILT) issued its quarterly earnings data on Tuesday. The communications equipment provider reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.07, FiscalAI reports. The firm had revenue of $136.96 million during the quarter, compared to the consensus estimate of $133.56 million. Gilat Satellite Networks had a return on equity of 10.40% and a net margin of 6.03%.

Here are the key takeaways from Gilat Satellite Networks’ conference call:

• Gilat reported strong top-line momentum with Q4 revenue of $137M (up 75% YoY), full‑year revenue of $451.7M (up 48%), and 2026 guidance of $500–$520M revenue and $61–$66M adjusted EBITDA.
• The defense business is accelerating—record defense sales, a growing pipeline (orders up >35% YoY), and expansion into Earth observation highlighted by an approximately $10M direct‑downing order.
• Commercial/IFC momentum and Stellar Blu integration are driving wins—includes a $42M SkyEdge IV multi‑orbit order, Wavestream and AeroStream orders, ~190 Stellar Blu terminals delivered in Q4 and >420 aircraft online, supporting a large backlog.
• Margins were under pressure as GAAP gross margin fell to 28% (from 40%) due to Stellar Blu ramp and acquired intangible amortization, contributing to lower GAAP net income and higher financing costs.
• Balance sheet strengthened materially with a $166M capital raise in 2025, ~$185M cash on hand (net of loans) and repayment of a $60M acquisition loan, enabling M&A focus—primarily defense‑related—to drive inorganic growth.

Gilat Satellite Networks Trading Down 22.0%

Shares of Gilat Satellite Networks stock opened at $15.04 on Wednesday. The company has a current ratio of 1.72, a quick ratio of 1.45 and a debt-to-equity ratio of 0.14. The company has a fifty day simple moving average of $15.23 and a 200-day simple moving average of $12.74. The stock has a market cap of $860.47 million, a price-to-earnings ratio of 36.68 and a beta of 0.82. Gilat Satellite Networks has a 12-month low of $5.30 and a 12-month high of $20.38.

Gilat Satellite Networks News Summary

Here are the key news stories impacting Gilat Satellite Networks this week:

• Positive Sentiment: Q4 results — Gilat beat revenue and non‑GAAP EPS expectations: revenue $136.96–$137.0M and non‑GAAP EPS $0.20, above consensus, showing strong demand across commercial and defense segments. Gilat Satellite Non-GAAP EPS of $0.20 beats by $0.06, revenue of $137M beats by $3.44M
• Positive Sentiment: Strong growth and guidance — Q4 revenue up ~75% YoY and full‑year 2025 revenue up ~48%; record adjusted EBITDA for 2025 and guidance for 2026 of $500–$520M revenue and $61–$66M adjusted EBITDA (double‑digit growth expectation). Gilat Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Commercial momentum & balance sheet — multiple new orders (LEO, SkyEdge, EO, IFC terminals), a strong backlog, and reported net cash (~$183M+) plus an oversubscribed $100M private placement supporting M&A and growth. Quiver: Gilat Reports Strong Q4 and Full Year 2025 Results
• Neutral Sentiment: Short interest/day‑to‑cover figures reported as effectively zero or non‑informative for Feb. 10 — no clear short‑squeeze signal. (Data entry shows 0 shares / NaN change and 0.0 days‑to‑cover.)
• Negative Sentiment: Profitability and cost concerns — GAAP net income and full‑year GAAP operating income were lower versus 2024 despite revenue growth; operating expenses rose substantially, raising questions about margin sustainability as the company scales. Quiver: Gilat Reports Strong Q4 and Full Year 2025 Results
• Negative Sentiment: Market reaction — several outlets note the stock sold off despite the beat as investors digested the outlook, profitability trajectory and potential valuation concerns; commentary pieces highlight that strong sales growth hasn’t yet translated into proportionate GAAP earnings improvement. Gilat slides despite Q4 beat as investors digest outlook Gilat shares tumble 15% despite Q4 earnings beat Why Gilat Satellite Stock Just Crashed

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Freedom Capital cut Gilat Satellite Networks from a “strong-buy” rating to a “hold” rating in a report on Friday, January 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of Gilat Satellite Networks in a research report on Monday, December 29th. Needham & Company LLC restated a “buy” rating and issued a $20.00 price objective on shares of Gilat Satellite Networks in a report on Tuesday. Finally, Wall Street Zen downgraded shares of Gilat Satellite Networks from a “buy” rating to a “hold” rating in a research note on Friday, January 23rd. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Gilat Satellite Networks presently has an average rating of “Hold” and an average price target of $20.00.

Hedge Funds Weigh In On Gilat Satellite Networks

Several large investors have recently bought and sold shares of GILT. State of Wyoming purchased a new position in shares of Gilat Satellite Networks during the fourth quarter worth about $106,000. Goldman Sachs Group Inc. boosted its position in shares of Gilat Satellite Networks by 1,205.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 882,983 shares of the communications equipment provider’s stock valued at $11,426,000 after purchasing an additional 815,360 shares during the period. Geode Capital Management LLC grew its stake in Gilat Satellite Networks by 7.9% during the 4th quarter. Geode Capital Management LLC now owns 33,650 shares of the communications equipment provider’s stock worth $435,000 after buying an additional 2,460 shares during the last quarter. Worth Venture Partners LLC acquired a new position in Gilat Satellite Networks during the third quarter worth approximately $166,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in Gilat Satellite Networks in the third quarter valued at approximately $295,000. Institutional investors and hedge funds own 35.72% of the company’s stock.

About Gilat Satellite Networks

Gilat Satellite Networks is a leading provider of satellite-based broadband connectivity solutions, specializing in the design, development and deployment of ground segment equipment and network services. The company’s core offerings include Very Small Aperture Terminal (VSAT) modems and hub systems, network management software, and end-to-end satellite communication platforms. These technologies enable broadband Internet access, enterprise networking, and cellular backhaul in regions where terrestrial infrastructure is limited or non-existent.

Founded in 1987 and headquartered in Petah Tikva, Israel, Gilat has established a track record of innovation in satellite communications.