Gilat Satellite Networks stock carries 2026 revenue guidance

Gilat Satellite Networks reported revenue growth of 17.00 percent to USD 122.70 million in the second quarter of 2026, while management reiterated 2026 revenue guidance of USD 500-520 million. According to Yahoo Finance on August 6, 2026, the company also maintained adjusted EBITDA guidance of USD 61-66 million for 2026.

Revenue growth meets defense expansion

Adjusted EBITDA reached USD 15.40 million in the second quarter, up 31.00 percent from USD 11.80 million in the year-earlier period. The comparison shows profitability growing faster than revenue, although GAAP operating income fell to USD 4.70 million from USD 5.70 million because of an earn-out provision tied to the DataPath acquisition.

Commercial revenue rose 20.00 percent to USD 83.00 million, defense revenue increased 12.00 percent to USD 22.50 million, and Peru revenue grew 8.00 percent to USD 17.20 million. ScanX reported these segment figures on September 18, 2026, alongside more than USD 20.00 million of SkyEdge orders and USD 43.00 million of Sidewinder orders.

Comtech deal raises execution stakes

Gilat has agreed to acquire most of Comtech's Satellite and Space Communications segment for USD 157.50 million in cash, a transaction expected to close near year-end subject to regulatory approvals. The deal is designed to more than double Gilat Defense revenue and expand the company's U.S. presence, but the integration and approval process adds execution risk.

Zacks wrote on September 28, 2026, that stronger defense demand supports Gilat's outlook while competition, acquisition integration and higher second-half operating expenses remain risks. Management expects the stronger Israeli shekel to increase second-half operating expenses by USD 3-5 million.

Market value sets the scale

The September 30, 2026 market snapshot placed Gilat's market capitalization at USD 744.9 million and its 52-week range at USD 9.37 to USD 20.93 on Nasdaq. Against that valuation, the USD 500-520 million 2026 revenue outlook represents a business scale that is materially below the company's market value, while the guidance midpoint implies 13.00 percent revenue growth from the prior year.