Gilat Satellite Networks Reports Third Quarter 2026 Financial Results

Gilat Satellite Networks reported Q3 2026 revenue of $116.2 million, down from $117.7 million a year earlier. GAAP operating income rose to $7.9 million from $7.5 million, Adjusted EBITDA increased 13% to $17.6 million, and non-GAAP net income grew more than 21% to $14.3 million. The company set full-year 2026 guidance at $455 million to $475 million in revenue and $61 million to $63 million in Adjusted EBITDA. Management cited cost and pricing discipline, while noting currency challenges and bad-debt write-offs tied to a customer’s Chapter 11 filing.