Gilat Satellite Networks

GILT

Market cap $1.35B

PETAH TIKVA, Israel, April 20, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced that it will release its first quarter 2026 financial results on Wednesday, May 13, 2026.

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.

Live demonstration at Satellite 2026 highlights cloud-enabled flexibility and open architecture for next-generation defense communications Live demonstration at Satellite 2026 highlights cloud-enabled flexibility and open architecture for next-generation defense communications

Gilat accelerates the future of 5G NTN multi‑orbit, multi‑service connectivity for global mobility and broadband markets Gilat accelerates the future of 5G NTN multi‑orbit, multi‑service connectivity for global mobility and broadband markets

AeroStream amplifiers provide certified RF capability on commercial aviation aircrafts AeroStream amplifiers provide certified RF capability on commercial aviation aircrafts

Gilat Defense empowers defense forces with integrated communications solutions built for mission‑critical operations Gilat Defense empowers defense forces with integrated communications solutions built for mission‑critical operations

Milestone validates VSAT and Hub standardized 3GPP-Compliant 5G NTN technologies for satellite and mobile network operators Milestone validates VSAT and Hub standardized 3GPP-Compliant 5G NTN technologies for satellite and mobile network operators

New orders for Linefit and Retrofit installations underscore rising global demand for Gilat's advanced Multi Orbit ESA technology

Gilat Defense will deliver advanced modems to support and scale secure, mission-critical satellite communications for defense operations

Represents  Gilat Defense's First Contract with this MoD, Expanding its Presence in support of European S overeign D efense P rograms