Gilat Satellite Networks Ltd. (GILT)

Nasdaq: GILT · Radio & Tv Broadcasting & Communications Equipment · Mclean, VA · filing with the SEC since 1997

Grade5.9

◀ Past 5.5● Present 6.4▶ Future 5.5

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 16, 2026	Mar 27, 2025	Mar 20, 2024	Mar 13, 2023	May 16, 2022	Mar 8, 2021	Mar 23, 2020	Mar 18, 2019	Mar 20, 2018	Mar 29, 2017
Revenue	451,657	305,448	266,090	239,840	214,970	166,135^r	257,334^r	266,391	282,756	279,551
For lenders
Interest and dividend income	3,927	4,467	3,756	998	926	671	1,490	1,010	802	1,108
Cost of revenue	318,313	192,117	161,145	152,932	143,703	124,755^r	161,137^r	172,354	200,261	204,061
Gross profit	133,344	113,331	104,945	86,908	71,267	41,380^r	96,197^r	94,037	82,495	75,490
Research and development	46,651	38,136	41,173	35,640	31,336	26,303	30,184	33,023	28,014	24,853
Sales and marketing	35,114	27,381	25,243	21,694	21,512	16,871	21,488	22,706	23,759	23,411
General and administrative	31,345	26,868	19,215	18,412^r	15,587	14,063	18,515^r	17,024	19,861	26,471
Total operating expenses	109,904	85,634	76,860	76,955	69,086	3,604	70,305	72,753	71,634	74,735
Operating income	23,440	27,697	28,085	9,953	2,181	37,776^r	25,892^r	21,284	10,861	755
Interest expense	-8,453	-2,963	-3,647	-3,816^r	-2,648^r	2,578	4,107	5,308	5,109	5,951
Income before income taxes	18,914	29,201	28,194	7,135	459	35,869	23,275	16,986	6,554	-4,088
Income tax expense	-1,809	4,352	4,690	13,063	3,492	793	-13,583	-1,423	-247	1,252
Income from continuing operations	·	·	·	·	·	·	·	·	6,801	-5,340
Net income	20,723	24,849	23,504	-5,928	-3,033	35,076^r	36,858^r	18,409	6,801	-5,340
Earnings per share, basic	0.35	0.44	0.41	-0.10	-0.05	0.63	0.67^r	0.34	0.12	-0.10
Earnings per share, diluted	0.34	0.44	0.41	-0.10	-0.05	0.63	0.66^r	0.33	0.12	-0.10
Earnings per share, basic and diluted	·	·	·	·	·	·	·	·	0.12	-0.10
Weighted average shares, basic	59,428,823	57,016,920	56,668,999	56,591,994	56,401,074	55,516,113	55,368,703	54,927,272	54,680,822	51,970,458
Weighted average shares, diluted	60,402,165	57,016,920	56,672,537	56,591,994	56,401,074	55,583,474	56,030,976	55,752,642	54,851,967	51,970,458
Weighted average shares, basic and diluted	·	·	·	·	·	·	·	·	·	51,970,458

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton GILT · research, not advice