6-K
Foreign issuer report
✓ VerifiedGilat reported Q2 2026 revenue of $122.7 million, up 17% from $105 million, with adjusted EBITDA up 31% to $15.4 million, and reiterated full-year 2026 guidance.
Filed Aug 5, 2026 · 07:00 ET
Summary
- Q2 2026 revenues increased to $122.7 million, compared with $105 million in Q2 2025, a 17% increase.
- GAAP operating income was $4.7 million, down from $5.7 million in Q2 2025, while non-GAAP operating income increased 35% to $12.6 million.
- GAAP net income was $8.1 million, or $0.10 per diluted share, compared with $9.8 million, or $0.17 per diluted share, in Q2 2025.
- Adjusted EBITDA increased 31% to $15.4 million from $11.8 million in Q2 2025.
- Segment revenues were Commercial $82,986 thousand, Defense $22,463 thousand, and Peru $17,214 thousand for the quarter.
- Management reiterated 2026 guidance for revenue between $500 to $520 million and adjusted EBITDA between $61 to $66 million, and said the Comtech acquisition is anticipated to close toward year-end.
Key facts
- Q2 2026 revenue
- $122.7 million
From the filing for Q2 2026 revenue
“Revenues increased to $122.7 million, compared with $105 million in Q2 2025;”
- GAAP operating income
- $4.7 million
From the filing for GAAP operating income
“GAAP operating income of $4.7 million, compared with GAAP operating income of $5.7 million in Q2 2025;”
- GAAP net income
- $8.1 million, or $0.10 per diluted share
From the filing for GAAP net income
“GAAP net income of $8.1 million, or $0.10 per diluted share, compared with GAAP net income of $9.8 million, or $0.17 per diluted share, in Q2 2025;”
- Adjusted EBITDA
- $15.4 million
From the filing for Adjusted EBITDA
“Adjusted EBITDA increased 31% to $15.4 million, significantly improving margins compared with $11.8 million in Q2 2025”
- 2026 revenue guidance
- $500 to $520 million
From the filing for 2026 revenue guidance
“Management reiterates guidance for 2026 for revenue between $500 to $520 million, representing a revenue growth rate of approximately 13% at the midpoint.”
- 2026 adjusted EBITDA guidance
- $61 to $66 million
From the filing for 2026 adjusted EBITDA guidance
“Adjusted EBITDA for 2026 is expected to be between $61 to $66 million, representing a growth rate of approximately 19% at the midpoint.”
- Comtech pro forma revenue
- more than $700 million
From the filing for Comtech pro forma revenue
“The acquisition is expected to create a company with more than $700 million in pro forma annual revenues”
- Comtech closing timing
- toward year-end
From the filing for Comtech closing timing
“The acquisition is anticipated to close toward year-end, subject to regulatory approvals and customary closing conditions.”
Why it mattersGilat disclosed higher second-quarter revenue and adjusted EBITDA and confirmed its Comtech Satellite & Space Communications acquisition is anticipated to close toward year-end, roughly doubling Gilat Defense revenue.
- Filed
- Aug 5, 2026
- Accepted
- 2026-08-05 11:00Z
- Period
- Aug 5, 2026
- Accession no.
- 0001178913-26-003830
- Size
- 705 KB
- Index
- Filing index