
Gilat Satellite Networks Ltd. Income Statement 2025-2008 | GILT
Brief overview of financial performance at Gilat Satellite Networks Ltd.
This overview is based on financial performance over the past five years. Gilat Satellite Networks Ltd. reported revenue of $166 million in 2020 and $452 million by 2025. Across the full period, sales moved by +172.3%; the average annual rate was 22.2%. The company expanded its revenue base at a high speed.
The gross result shifted from 41.4 million dollars to 133 million dollars, or +222.2%. The relationship between sales and direct costs improved over the period. Comparing the endpoints gives gross margins of 24.9% and 29.5%. The margin shift points to a more favorable sales-and-cost structure.
The five-year EBITDA result moved by −2%: from 48.1 million dollars to 47.1 million dollars. EBITDA lagged revenue, showing weaker operating momentum. Comparing the endpoints gives EBITDA margins of 29% and 10.4%. The business retained less EBITDA from each unit of revenue.
Over the period, net income shifted from 35.1 million dollars to 20.7 million dollars (−40.9%). The business generated less net income by the end of the period.
Over the period, capitalization shifted from $712 million to $966 million (+35.7%). The valuation may already include demanding future expectations.
Conclusion
The figures do not all move in the same direction. The constructive conclusion rests on revenue expansion and better sales economics. The weaker side of the profile includes a declining EBITDA margin and lower net income. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Gilat Satellite Networks Ltd.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
966 M | 315 M | 311 M | 379 M | 464 M | 712 M | 450 M | 413 M | 391 M | 285 M | 159 M | 204 M | 198 M | 218 M | 166 M | 183 M | 146 M | - |
Shares |
59.4 M | 57 M | 56.7 M | 56.6 M | 56.4 M | 55.5 M | 55.4 M | 54.9 M | 54.7 M | 52 M | 44.3 M | 43 M | 42.1 M | 41.5 M | 41.5 M | 40.5 M | 40.2 M | - |
Historical Prices |
16.2 | 5.52 | 5.49 | 6.7 | 8.22 | 12.8 | 8.12 | 7.52 | 7.15 | 4.33 | 3.16 | 4.01 | 4.31 | 4.55 | 3.09 | 4.51 | 3.64 | 10.9 |
Net Income |
20.7 M | 24.8 M | 23.5 M | -5.93 M | -3.03 M | 35.1 M | 36.9 M | 18.4 M | 6.8 M | -5.34 M | -52.3 M | -1.5 M | -17.9 M | -23.2 M | -5.85 M | 30.6 M | 1.88 M | - |
Revenue |
452 M | 305 M | 266 M | 240 M | 215 M | 166 M | 263 M | 266 M | 283 M | 280 M | 198 M | 235 M | 235 M | 348 M | 339 M | 233 M | 228 M | - |
Cost of Revenue |
318 M | 192 M | 161 M | 153 M | 144 M | 125 M | 161 M | 172 M | 200 M | 204 M | 143 M | 151 M | 155 M | 174 M | 142 M | -153 M | 158 M | - |
Gross Profit |
133 M | 113 M | 105 M | 86.9 M | 71.3 M | 41.4 M | 96.2 M | 94 M | 82.5 M | 75.5 M | 44.1 M | 83.6 M | 79.7 M | 113 M | 122 M | 79.9 M | 70.4 M | - |
Operating Income |
23.4 M | 27.7 M | 28.1 M | 9.95 M | 2.18 M | 37.8 M | 25.9 M | 21.3 M | 10.9 M | 755 K | -43.7 M | 5.04 M | -4.09 M | -22.1 M | -7.12 M | -6.17 M | -664 K | - |
Interest Expense |
-8.45 M | -2.96 M | -3.65 M | -3.82 M | -2.65 M | 2.58 M | 4.11 M | 5.31 M | 5.11 M | 5.95 M | 7.79 M | 5.52 M | 6.65 M | 4.28 M | 4.73 M | 2.27 M | 2.4 M | - |
EBITDA |
47.1 M | 41.3 M | 41.5 M | 21.6 M | 13.2 M | 48.1 M | 36.9 M | 34.4 M | 24 M | 13.9 M | -6.72 M | 21 M | 14 M | 29.6 M | 31.5 M | 8.62 M | 13.8 M | - |
Operating Expenses |
110 M | 85.6 M | 76.9 M | 77 M | 69.1 M | 57.2 M | 70.3 M | 72.8 M | 71.6 M | 74.7 M | 65.9 M | 78.6 M | 83.2 M | 106 M | 114 M | 86 M | 71.1 M | - |
General and Administrative Expenses |
31.3 M | 26.9 M | 19.2 M | 18.4 M | 15.6 M | 14.1 M | 18.6 M | 17 M | 19.9 M | 26.5 M | 18.6 M | 20.9 M | 23.1 M | 34.1 M | 36 M | 29.8 M | 28 M | - |
All numbers in USD currency
Quarterly Income Statement Gilat Satellite Networks Ltd.
| 2025-Q4 | 2025-Q2 | 2024-Q4 | 2024-Q2 | 2023-Q4 | 2023-Q2 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q4 | 2009-Q4 | 2008-Q4 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
59.4 M | 57.1 M | 57 M | 57 M | 56.7 M | 56.6 M | - | - | - | - | 56.5 M | - | 56.5 M | - | 55.6 M | - | 55.5 M | - | 55.5 M | - | 55.4 M | - | 55.2 M | - | - | - | 54.7 M | - | - | - | 54.6 M | - | - | - | 44.3 M | 44.3 M | - | - | 42.7 M | - | - | - | 42.1 M | - | 42 M | - | 41.7 M | - | 41.4 M | - | 41.2 M | - | - | - | 40.5 M | 40.2 M | - |
Net Income |
20.7 M | 3.83 M | 24.8 M | 6.27 M | 23.5 M | 9.9 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30.6 M | 1.88 M | - |
Revenue |
452 M | 197 M | 305 M | 153 M | 266 M | 127 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 233 M | 228 M | - |
Cost of Revenue |
318 M | 137 M | 192 M | 98.1 M | 161 M | 76.3 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -153 M | 158 M | - |
Gross Profit |
133 M | 60.3 M | 113 M | 54.6 M | 105 M | 50.2 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 79.9 M | 70.4 M | - |
Operating Income |
23.4 M | 2.94 M | 27.7 M | 8.18 M | 28.1 M | 12.5 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -6.17 M | -664 K | - |
Interest Expense |
-8.45 M | - | -2.96 M | - | -3.65 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.27 M | 2.4 M | - |
EBITDA |
47.1 M | 12.9 M | 41.3 M | 15.5 M | 41.5 M | 18.7 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.62 M | 13.8 M | - |
Operating Expenses |
110 M | 57.4 M | 85.6 M | 46.4 M | 76.9 M | 37.8 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 86 M | 71.1 M | - |
General and Administrative Expenses |
31.3 M | 13 M | 26.9 M | 14.5 M | 19.2 M | 9.16 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29.8 M | 28 M | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Gilat Satellite Networks Ltd. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.