Gilat's second quarter revenue grew 17% to $122.7 million, beating estimates while reiterating full-year guidance.

Gilat Satellite Networks reported second quarter 2026 revenue of $122.7 million, a 17% increase year-over-year that slightly beat analyst expectations. The company reported GAAP diluted earnings per share of $0.10, in line with estimates, and reaffirmed its full-year financial guidance.

Key Highlights

• Revenue increased 17% year-over-year to $122.7 million.
• Adjusted EBITDA grew 31% to $15.4 million, reflecting improved margins.
• Full-year 2026 guidance was reiterated, with revenue expected between $500 million and $520 million.
• The acquisition of Comtech's satellite and space communications segment remains on track for an expected year-end closing.