Quarterly ResultAug 5, 2026, 07:05 AM
Gilat Q2 2026 Revenue +17% to $122.7M; Adj. EBITDA +31% to $15.4M
AI Summary
Gilat Satellite Networks Ltd. reported strong second-quarter 2026 results, with revenues increasing 17% to $122.7 million and Adjusted EBITDA growing 31% to $15.4 million. The company also reiterated its full-year 2026 financial guidance, expecting revenues between $500 million and $520 million and Adjusted EBITDA between $61 million and $66 million. The acquisition of Comtech's Satellite & Space Communications Segment is progressing as planned and is anticipated to close towards year-end.
Key Highlights
- Q2 2026 revenues grew 17% to $122.7 million, up from $105 million in Q2 2025.
- Q2 2026 Adjusted EBITDA increased 31% to $15.4 million, compared to $11.8 million in Q2 2025.
- Q2 2026 Non-GAAP net income was $15.6 million, or $0.20 per diluted share.
- Commercial segment revenue reached $82.986 million in Q2 2026.
- Defense segment revenue was $22.463 million in Q2 2026.
- Full-year 2026 revenue guidance reiterated at $500 million to $520 million.
- Full-year 2026 Adjusted EBITDA guidance reiterated at $61 million to $66 million.
- Comtech acquisition is on track for expected year-end closing.
Price Impact
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