Gilat Satellite Networks Ltd. (GILT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 110.47M | 136.96M | 117.69M | 104.97M | 92.04M | 78.13M | 74.61M | 76.63M | 76.08M | 75.61M | 63.93M | 67.59M | 58.96M | 72.63M | 60.35M | 55.45M | 51.41M | 63.42M | 49.91M | 53.46M |
| Revenue Growth % | 20.03% | 75.3% | 57.74% | 36.98% | 20.98% | 3.33% | 16.71% | 13.38% | 29.03% | 4.11% | 5.93% | 21.88% | 14.69% | 14.51% | 20.92% | 3.74% | 14.98% | 48.79% | 33.92% | 39.52% |
| Cost of Goods Sold | 72.83M | 98.67M | 82.96M | 73.04M | 63.64M | 47.11M | 46.93M | 50.06M | 48.02M | 46.69M | 38.12M | 42.05M | 34.28M | 44.91M | 37.31M | 35.69M | 35.02M | 38.83M | 32.31M | 36.71M |
| COGS % of Revenue | 65.92% | 72.04% | 70.49% | 69.58% | 69.14% | 60.29% | 62.9% | 65.32% | 63.12% | 61.75% | 59.64% | 62.22% | 58.13% | 61.84% | 61.83% | 64.35% | 68.12% | 61.23% | 64.73% | 68.68% |
| Gross Profit | 37.65M | 38.29M | 34.73M | 31.93M | 28.4M | 31.02M | 27.68M | 26.57M | 28.05M | 28.92M | 25.8M | 25.54M | 24.68M | 27.72M | 23.04M | 19.77M | 16.39M | 24.59M | 17.61M | 16.74M |
| Gross Margin % | 34.08% | 27.96% | 29.51% | 30.42% | 30.86% | 39.71% | 37.1% | 34.68% | 36.88% | 38.25% | 40.36% | 37.78% | 41.87% | 38.16% | 38.17% | 35.65% | 31.88% | 38.77% | 35.27% | 31.32% |
| Gross Profit Growth % | 32.58% | 23.43% | 25.46% | 20.15% | 1.23% | 7.26% | 7.28% | 4.06% | 13.65% | 4.34% | 12.02% | 29.17% | 50.63% | 12.71% | 30.84% | 18.08% | 32.62% | 84.91% | 86.43% | 74.61% |
| Operating Expenses | 32.22M | 32.3M | 27.18M | 26.24M | 31.14M | 18.25M | 20.94M | 23.78M | 22.66M | 26.04M | 13.06M | 20.09M | 17.67M | 21.65M | 19.62M | 18.28M | 17.41M | 19.33M | 16.69M | 17.05M |
| OpEx % of Revenue | 29.17% | 23.58% | 23.1% | 25% | 33.84% | 23.36% | 28.06% | 31.03% | 29.79% | 34.44% | 20.43% | 29.72% | 29.97% | 29.8% | 32.51% | 32.96% | 33.87% | 30.48% | 33.43% | 31.9% |
| Selling, General & Admin | 20.11M | 21.07M | 15.9M | 14.51M | 14.99M | 12.85M | 12.78M | 13.47M | 15.15M | 13.43M | 9.93M | 10.66M | 10.44M | 11.49M | 10.13M | 9.27M | 9.53M | 10.23M | 9.46M | 9.32M |
| SG&A % of Revenue | 18.2% | 15.38% | 13.51% | 13.82% | 16.28% | 16.45% | 17.12% | 17.58% | 19.92% | 17.76% | 15.53% | 15.77% | 17.71% | 15.83% | 16.79% | 16.72% | 18.55% | 16.13% | 18.96% | 17.43% |
| Research & Development | 12.12M | 11.23M | 11.49M | 12.31M | 11.62M | 10.11M | 9.48M | 9.23M | 9.32M | 11.62M | 10.55M | 9.38M | 9.62M | 10.1M | 9.16M | 8.72M | 7.67M | 8.45M | 7.22M | 7.55M |
| R&D % of Revenue | 10.97% | 8.2% | 9.77% | 11.73% | 12.63% | 12.94% | 12.71% | 12.04% | 12.25% | 15.37% | 16.5% | 13.88% | 16.31% | 13.9% | 15.17% | 15.72% | 14.92% | 13.33% | 14.47% | 14.12% |
| Other Operating Expenses | 0 | 0 | -206K | -574K | 1000K | -1000K | -1000K | 1000K | -1000K | 986K | -1000K | 47K | -1000K | 53K | 330K | 289K | 210K | 651K | 0 | 184K |
| Operating Income | 5.43M | 5.99M | 7.55M | 5.68M | -2.75M | 12.77M | 6.75M | 2.79M | 5.39M | 2.88M | 12.74M | 5.45M | 7.01M | 6.07M | 3.42M | 1.49M | -1.02M | 5.26M | 918K | -310K |
| Operating Margin % | 4.91% | 4.38% | 6.41% | 5.41% | -2.98% | 16.35% | 9.04% | 3.64% | 7.09% | 3.81% | 19.94% | 8.06% | 11.89% | 8.36% | 5.66% | 2.69% | -1.99% | 8.29% | 1.84% | -0.58% |
| Operating Income Growth % | 297.56% | -53.07% | 11.88% | 103.65% | -150.96% | 343.56% | -47.07% | -48.78% | -23.13% | -52.57% | 273.07% | 265.46% | 784.86% | 15.47% | 272.11% | 580.97% | 72% | -91.62% | 108.42% | 91.02% |
| EBITDA | 10.51M | 13.34M | 13.91M | 11.72M | 1.16M | 15.78M | 9.95M | 6.7M | 8.82M | 6.68M | 16.12M | 8.56M | 10.12M | 9.07M | 6.34M | 4.38M | 1.77M | 9.05M | 3.47M | 2.01M |
| EBITDA Margin % | 9.51% | 9.74% | 11.82% | 11.17% | 1.26% | 20.2% | 13.34% | 8.74% | 11.59% | 8.84% | 25.21% | 12.67% | 17.16% | 12.49% | 10.5% | 7.89% | 3.45% | 14.26% | 6.96% | 3.75% |
| EBITDA Growth % | 807.25% | -15.46% | 39.7% | 74.97% | -86.86% | 136.12% | -38.25% | -21.78% | -12.89% | -26.34% | 154.36% | 95.61% | 471.11% | 0.31% | 82.41% | 118.25% | 233.53% | -86.14% | 141.28% | 354.89% |
| D&A (Non-Cash Add-back) | 5.08M | 7.35M | 6.36M | 6.04M | 3.9M | 3.01M | 3.21M | 3.91M | 3.42M | 3.81M | 3.38M | 3.12M | 3.11M | 3M | 2.92M | 2.89M | 2.8M | 3.79M | 2.56M | 2.32M |
| EBIT | 5.43M | 12.96M | 7.55M | 5.68M | -2.75M | 14.78M | 6.75M | 2.79M | 5.39M | 3.22M | 12.74M | 5.45M | 7.01M | 2.53M | 3.69M | 1.72M | -814K | 3.54M | 785K | -310K |
| Net Interest Income | 1.29M | -1.35M | -992K | -1.25M | -936K | 902K | 662K | 266K | 513K | 0 | -352K | -586K | -149K | -102K | -1.05M | -468K | -1.2M | -264K | -701K | 435K |
| Interest Income | 1.29M | 0 | 0 | 0 | 0 | 902K | 662K | 266K | 513K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 435K |
| Interest Expense | 0 | 1.35M | 992K | 1.25M | 936K | 0 | 0 | 0 | 0 | 0 | 352K | 586K | 149K | 102K | 1.05M | 468K | 1.2M | 264K | 701K | 0 |
| Other Income/Expense | 254K | 5.62M | -992K | -1.25M | -936K | 63K | 662K | 266K | 513K | 1.2M | -352K | -586K | -149K | -102K | -1.05M | -468K | -1.2M | -264K | -834K | 435K |
| Pretax Income | 5.68M | 11.61M | 6.55M | 4.43M | -3.68M | 12.83M | 7.41M | 3.06M | 5.9M | 4.08M | 12.39M | 4.86M | 6.86M | 5.97M | 2.36M | 1.02M | -2.22M | 4.99M | 84K | 125K |
| Pretax Margin % | 5.14% | 8.48% | 5.57% | 4.22% | -4% | 16.43% | 9.93% | 3.99% | 7.76% | 5.39% | 19.38% | 7.2% | 11.64% | 8.22% | 3.92% | 1.84% | -4.32% | 7.87% | 0.17% | 0.23% |
| Income Tax | 447K | 2.82M | -1.54M | -5.4M | 2.31M | 1.07M | 588K | 1.75M | 940K | 628K | 2.24M | 538K | 1.28M | 11.99M | 243K | 517K | 315K | 2.97M | 49K | 227K |
| Effective Tax Rate % | 7.87% | 24.27% | -23.56% | -121.7% | -62.8% | 8.33% | 7.94% | 57.41% | 15.92% | 15.41% | 18.08% | 11.06% | 18.71% | 200.87% | 10.28% | 50.54% | -14.2% | 59.46% | 58.33% | 181.6% |
| Net Income | 5.23M | 8.79M | 8.1M | 9.83M | -6M | 11.76M | 6.82M | 1.3M | 4.96M | 3.45M | 10.15M | 4.33M | 5.58M | -6.02M | 2.12M | 506K | -2.53M | 2.02M | 168K | -102K |
| Net Margin % | 4.74% | 6.42% | 6.88% | 9.36% | -6.51% | 15.06% | 9.14% | 1.7% | 6.52% | 4.56% | 15.88% | 6.4% | 9.46% | -8.29% | 3.51% | 0.91% | -4.93% | 3.19% | 0.34% | -0.19% |
| Net Income Growth % | 187.29% | -25.27% | 18.76% | 654.99% | -220.79% | 241.28% | -32.83% | -69.9% | -11.04% | 157.26% | 378.87% | 754.74% | 320.21% | -397.43% | 1161.9% | 596.08% | 50.27% | -96.76% | 101.45% | 97.59% |
| Net Income (Continuing) | 5.23M | 8.79M | 8.1M | 9.83M | -6M | 11.76M | 6.82M | 1.3M | 4.96M | 3.45M | 10.15M | 4.33M | 5.58M | -6.02M | 2.12M | 506K | -2.53M | 2.02M | 35K | -102K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.07 | 0.13 | 0.14 | 0.17 | -0.11 | 0.21 | 0.12 | 0.02 | 0.09 | 0.06 | 0.18 | 0.08 | 0.10 | -0.11 | 0.04 | 0.01 | -0.04 | 0.04 | 0.00 | -0.00 |
| EPS Growth % | 161.64% | -38.1% | 16.67% | 645.61% | -226.29% | 245.96% | -33.33% | -70.16% | -11.57% | 155.18% | 381.28% | - | 319.87% | -375% | - | - | 50.72% | -96.43% | 101.38% | 96.98% |
| EPS (Basic) | 0.07 | 0.14 | 0.14 | 0.17 | -0.11 | 0.21 | 0.12 | 0.02 | 0.09 | 0.06 | 0.18 | 0.08 | 0.10 | -0.11 | 0.04 | 0.01 | -0.04 | 0.04 | 0.00 | -0.00 |
| Diluted Shares Outstanding | 77.19M | 67.38M | 59.85M | 57.34M | 57.04M | 57.02M | 57.02M | 57.02M | 57.02M | 56.82M | 56.62M | 56.62M | 56.62M | 56.61M | 56.63M | 56.63M | 56.55M | 56.63M | 56.96M | 56.51M |
| Basic Shares Outstanding | 74.53M | 65.08M | 58.48M | 57.12M | 57.04M | 57.02M | 57.02M | 65.1M | 57.02M | 56.82M | 56.62M | 56.62M | 56.61M | 56.61M | 56.61M | 56.6M | 56.55M | 56.54M | 56.53M | 56.51M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30.31% | - | - |