Quarterly ResultAug 5, 2026, 07:09 AM
Gilat Q2 Revenue $122.7M, Adj. EBITDA $15.4M; Comtech Acquisition on Track
AI Summary
Gilat Satellite Networks reported strong second-quarter 2026 results, with revenue growing 17% to $122.7 million and Adjusted EBITDA increasing 31% to $15.4 million. The company also confirmed that its acquisition of Comtech's Satellite & Space Communications segment is progressing well and is expected to close by year-end. Gilat reiterated its full-year 2026 financial guidance, anticipating continued growth and margin expansion across its segments.
Key Highlights
- Comtech acquisition on track for expected year-end closing.
- Q2 2026 revenue increased 17% to $122.7 million.
- Q2 2026 Adjusted EBITDA increased 31% to $15.4 million.
- Q2 2026 Non-GAAP operating income rose 35% to $12.6 million.
- Reiterates 2026 revenue guidance of $500 million to $520 million.
- Reiterates 2026 Adjusted EBITDA guidance of $61 million to $66 million.
- Q2 Commercial segment revenue was $82.986 million.
- Q2 Defense segment revenue was $22.463 million.
Price Impact
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