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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	392.83	305.45	266.09	239.84	214.97	166.14
Revenue Growth (YoY)	29.68%	14.79%	10.95%	11.57%	29.39%	-35.44%
Cost of Revenue	266.75	192.12	161.15	152.93	143.7	124.76
Gross Profit	126.08	113.33	104.95	86.91	71.27	41.38
Selling, General & Admin	54.8	50.81	43.8	40.11	37.1	30.93
Research & Development	45.53	38.14	41.17	35.64	31.34	26.3
Other Operating Expenses	8.67	2.87	0.08	-	-	-
Operating Expenses	109.01	91.82	85.05	75.75	68.44	57.24
Operating Income	17.07	21.51	19.89	11.16	2.83	-15.86
Interest Expense	-3.68	-0.5	-0.23	-	-	-0.2
Interest & Investment Income	2.91	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)	-1.51	-1.51	-1.93	-1.78	-1.49	-1.94
EBT Excluding Unusual Items	13.95	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	20.14	29.2	28.19	7.14	0.46	35.87
Income Tax Expense	-3.56	4.35	4.69	13.06	3.49	0.79
Earnings From Continuing Operations	23.7	24.85	23.5	-5.93	-3.03	35.08
Net Income	23.7	24.85	23.5	-5.93	-3.03	35.08
Net Income to Common	23.7	24.85	23.5	-5.93	-3.03	35.08
Net Income Growth	43.33%	5.72%	-	-	-	-4.83%
Shares Outstanding (Basic)	57	57	57	57	56	56
Shares Outstanding (Diluted)	58	57	57	57	56	56
Shares Change (YoY)	1.48%	0.61%	0.14%	0.34%	1.47%	-0.80%
EPS (Basic)	0.41	0.44	0.41	-0.10	-0.05	0.63
EPS (Diluted)	0.41	0.44	0.41	-0.10	-0.05	0.63
EPS Growth	42.22%	6.30%	-	-	-	-4.54%
Free Cash Flow	32.48	25.06	21.2	-1.98	9.97	38.44
Free Cash Flow Per Share	0.56	0.44	0.37	-0.04	0.18	0.69
Dividend Per Share	-	-	-	-	-	0.990
Dividend Growth	-	-	-	-	-	120.00%
Gross Margin	32.09%	37.10%	39.44%	36.24%	33.15%	24.91%
Operating Margin	4.35%	7.04%	7.48%	4.65%	1.32%	-9.54%
Profit Margin	6.03%	8.13%	8.83%	-2.47%	-1.41%	21.11%
Free Cash Flow Margin	8.27%	8.20%	7.97%	-0.83%	4.64%	23.14%
EBITDA	36.38	35.07	33.3	22.77	13.82	-5.57
EBITDA Margin	9.26%	11.48%	12.51%	9.49%	6.43%	-3.35%
D&A For EBITDA	19.31	13.55	13.4	11.61	10.99	10.29
EBIT	17.07	21.51	19.89	11.16	2.83	-15.86
EBIT Margin	4.35%	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	305.45	305.45	266.09	239.84	214.97	166.14
Advertising Expenses	-	-	-	-	-	0.13

Updated Nov 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q