Gilat Satellite Networks Ltd. (GILT)

Gilat Satellite Networks Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	349.75	305.45	266.09	239.84	214.97	166.14
Revenue Growth (YoY)	19.67%	14.79%	10.95%	11.57%	29.39%	-35.44%
Cost of Revenue	230.72	192.12	161.15	152.93	143.7	124.76
Gross Profit	119.03	113.33	104.95	86.91	71.27	41.38
Selling, General & Admin	51.68	50.81	43.8	40.11	37.1	30.93
Research & Development	43.52	38.14	41.17	35.64	31.34	26.3
Other Operating Expenses	7.56	2.87	0.08	-	-	-
Operating Expenses	102.76	91.82	85.05	75.75	68.44	57.24
Operating Income	16.27	21.51	19.89	11.16	2.83	-15.86
Interest Expense	-2.69	-0.5	-0.23	-	-	-0.2
Interest & Investment Income	4.35	4.35	3.71	0.98	0.32	0.4
Currency Exchange Gain (Loss)	-0.84	-0.84	-0.04	-2.02	-0.54	-0.18
Other Non Operating Income (Expenses)	-2.29	-1.51	-1.93	-1.78	-1.49	-1.94
EBT Excluding Unusual Items	14.81	23.02	21.4	8.34	1.11	-17.76
Merger & Restructuring Charges	-7.12	-7.12	-2.21	-0.44	-	53.63
Gain (Loss) on Sale of Investments	-	-	-1.4	-	-	-
Gain (Loss) on Sale of Assets	-	-	2.08	-0.77	-0.65	-
Legal Settlements	13.31	13.31	8.32	-	-	-
Pretax Income	20.99	29.2	28.19	7.14	0.46	35.87
Income Tax Expense	-1.43	4.35	4.69	13.06	3.49	0.79
Earnings From Continuing Operations	22.42	24.85	23.5	-5.93	-3.03	35.08
Net Income	22.42	24.85	23.5	-5.93	-3.03	35.08
Net Income to Common	22.42	24.85	23.5	-5.93	-3.03	35.08
Net Income Growth	12.85%	5.72%	-	-	-	-4.83%
Shares Outstanding (Basic)	57	57	57	57	56	56
Shares Outstanding (Diluted)	57	57	57	57	56	56
Shares Change (YoY)	0.41%	0.61%	0.14%	0.34%	1.47%	-0.80%
EPS (Basic)	0.39	0.44	0.41	-0.10	-0.05	0.63
EPS (Diluted)	0.39	0.44	0.41	-0.10	-0.05	0.63
EPS Growth	12.49%	6.30%	-	-	-	-4.54%
Free Cash Flow	21.29	25.06	21.2	-1.98	9.97	38.44
Free Cash Flow Per Share	0.37	0.44	0.37	-0.04	0.18	0.69
Dividend Per Share	-	-	-	-	-	0.990
Dividend Growth	-	-	-	-	-	120.00%
Gross Margin	34.03%	37.10%	39.44%	36.24%	33.15%	24.91%
Operating Margin	4.65%	7.04%	7.48%	4.65%	1.32%	-9.54%
Profit Margin	6.41%	8.13%	8.83%	-2.47%	-1.41%	21.11%
Free Cash Flow Margin	6.09%	8.20%	7.97%	-0.83%	4.64%	23.14%
EBITDA	32.43	35.07	33.3	22.77	13.82	-5.57
EBITDA Margin	9.27%	11.48%	12.51%	9.49%	6.43%	-3.35%
D&A For EBITDA	16.16	13.55	13.4	11.61	10.99	10.29
EBIT	16.27	21.51	19.89	11.16	2.83	-15.86
EBIT Margin	4.65%	7.04%	7.48%	4.65%	1.32%	-9.54%
Effective Tax Rate	-	14.90%	16.63%	183.08%	760.78%	2.21%
Revenue as Reported	349.75	305.45	266.09	239.84	214.97	166.14
Advertising Expenses	-	-	-	-	-	0.13

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q