Gilat Satellite Networks Ltd. (GILT) Q3 EBITDA Rises 13%; Revenue Outlook Revised
Gilat Satellite Networks reported Q3 revenue of $116.2M, down from $117.7M a year earlier. Adjusted EBITDA rose 13% to $17.6M, and non-GAAP net income increased 21% to $14.3M. The company revised its 2026 guidance and expects the Comtech acquisition to close by year-end, pending conditions.
How this was made

The 30-second read
Why it matters
The earnings release provides fresh data on revenue trends and profitability, while the acquisition could reshape market positioning.
Market read
First-report earnings and acquisition news for Gilat offers actionable insight for traders focused on satellite and telecom stocks.
What to watch
Potential regulatory hurdles for the Comtech deal and currency exposure.
Background
Gilat Satellite Networks reported its Q3 results, updated guidance, and announced a pending acquisition of Comtech.
Ticker impact
Q3 earnings released with revenue down to $116.2M, EBITDA up 13% and revised 2026 guidance plus pending Comtech acquisition.
likely slight upward pressure as investors weigh acquisition upside against revenue miss
EBITDA growth and acquisition could improve future cash flow, but revenue contraction may limit immediate enthusiasm.
Market effects
Satellite communications sector may see renewed interest in consolidation activity.
Israel tech market could benefit from acquisition news.
Limited; primarily affects niche satellite services investors.
Counterpoint
Revenue decline signals weakening demand; acquisition risk could outweigh EBITDA boost.
Key entities
- CompanyGilat Satellite Networks Ltd.
Israeli satellite communications provider.
- CompanyComtech
Target of Gilat's announced acquisition.
