6-K

Foreign issuer report

✓ VerifiedGilat reported first-half 2026 revenue of $233,137 thousand and net income of $13,381 thousand, and signed a definitive agreement to acquire the majority of Comtech's Satellite & Space Communications segment for $157,500 in cash.

Filed Aug 10, 2026 · 06:19 ET

Summary

Total revenues for the six months ended June 30, 2026 were $233,137 thousand, up from $197,007 thousand in the same period of 2025.
Net income rose to $13,381 thousand from $3,834 thousand, with diluted earnings per share of $0.17 versus $0.07.
On June 14, 2026, the Company signed a definitive agreement to acquire the majority of the Satellite & Space Communications segment of Comtech for a purchase price of $157,500 in cash, paying a $10,000 advance payment at signing.
The Company settled the DPI earn-out obligations by issuing 2,500,000 Ordinary shares under a non-cash Settlement Agreement, and recognized $7,000 related to the Additional Earn-Out Consideration.
Segment operating results showed Commercial operating income of $20,592 thousand, a Defense operating loss of $21,287 thousand, and Peru operating income of $9,773 thousand.
Cash and cash equivalents were $144,805 thousand as of June 30, 2026, down from $168,907 thousand at December 31, 2025.

Key facts

Total revenues (H1 2026): $233,137 thousand
From the filing for Total revenues (H1 2026)
“Total revenues 233,137 197,007”
Net income (H1 2026): $13,381 thousand
From the filing for Net income (H1 2026)
“Net income $ 13,381 $ 3,834”
Diluted EPS: $0.17
From the filing for Diluted EPS
“Diluted $ 0.17 $ 0.07”
Comtech acquisition price: $157,500 in cash
From the filing for Comtech acquisition price
“the majority of the Satellite & Space Communications segment of Comtech Telecommunications Corporation ("Comtech") on a cash-free, debt-free basis for the purchase price of $ 157,500 in cash”
Comtech advance payment: $10,000
From the filing for Comtech advance payment
“the Company paid a $ 10,000 advance payment, which will be credited against the purchase price upon closing”
DPI settlement shares: 2,500,000 Ordinary shares
From the filing for DPI settlement shares
“the Company issued 2,500,000 Ordinary shares in exchange for the cancellation of both the DPI Earn-out Consideration and the Service-Based Earn-Out”
Cash and cash equivalents: $144,805 thousand
From the filing for Cash and cash equivalents
“Cash and cash equivalents $ 144,805 $ 168,907”
Remaining performance obligations: $392,297
From the filing for Remaining performance obligations
“as of June 30, 2026 is approximately $ 392,297”

Why it mattersThe results cover Gilat's first half of 2026 and disclose a definitive agreement to acquire the majority of Comtech's Satellite & Space Communications segment, expanding its defense and ground-equipment portfolio pending CFIUS, FTC, DOJ and HSR clearances.

Filed: Aug 10, 2026
Accepted: 2026-08-10 10:19Z
Period: Jun 30, 2026
Accession no.: 0001178913-26-003967
Size: 7.0 MB
Index: Filing index

Summary

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