Operating in three segments—Satellite Networks, Integrated Solutions, and Network Infrastructure and Services—Gilat designs and manufactures ground-based satellite communications equipment including cloud-based satellite network platforms, very small aperture terminals, amplifiers, modems, and advanced on-the-move antennas. The company reported 2025 sales of $451.66 million with 2026 revenue guidance of $500-$520 million, while securing substantial new defense contracts reflecting strong demand for mission-critical satellite communications.
Cyborg Score Rationale
Recent defense orders totaling $25 million and 2026 revenue guidance of $500-$520 million demonstrate strong commercial momentum and defense sector traction. The February 2026 demonstration of 3GPP-compliant 5G NTN connectivity over GEO satellites validates key standardized technologies for future growth. However, profitability metrics have not kept pace with revenue growth, raising questions about margin sustainability.
Top Insights
Validated 3GPP-compliant 5G NTN over GEO satellites in February 2026, confirming VSAT and Hub technologies with latency compensation—positioning Gilat for seamless terrestrial-non-terrestrial network integration.
Recent defense contracts worth ~$25 million plus revenue guidance of $500-$520 million for 2026 signal sustained government and defense sector demand recovery.
Portfolio of wholly-owned subsidiaries including Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu strengthens integrated solutions for multi-orbit constellations and in-flight connectivity.
Analyst sentiment shows volatility—recent downgrade to 'hold' offset by earlier 'strong-buy' rating and Needham's reaffirmed 'buy' with $20 target, suggesting mixed confidence on execution.
Named Competitors
Satellite Communications — Global satellite operator with extensive GEO fleet
Satellite Communications — European satellite operator with broadband services
Satellite Communications — Broadband connectivity provider (merged with Intelsat)
5G NTN Solutions — Competing for 5G Non-Terrestrial Network integration