Gilat Satellite Networks (Nasdaq: GILT, TASE: GILT). Founded 1987 in Petah Tikva. CEO Adi Sfadia. SkyEdge 4 platform. Defense, in-flight connectivity, Peru broadband. FY 2025 revenue $451.7M. 2026 guidance $500–520M. ~1,160 employees. Boeing multi-orbit milestone.
Israeli Tech | Olam.business
Gilat Satellite Networks is the Petah Tikva-headquartered satellite networking technology company — the Israeli operator that designs, manufactures, and markets ground-based satellite communication systems for broadband access, defense, and in-flight connectivity markets worldwide. Founded 1987. Dual-listed on Nasdaq and the Tel Aviv Stock Exchange under the ticker GILT. Full-year 2025 revenue of $451.7 million; 2026 guidance calls for $500–520 million.
At a Glance
| Entity | Gilat Satellite Networks Ltd. |
| Founded | 1987 |
| Headquarters | Petah Tikva, Israel |
| CEO | Adi Sfadia |
| Exchanges | Nasdaq: GILT · TASE: GILT |
| Employees | ~1,160 |
| FY 2025 revenue | $451.7M (up 48% YoY) |
| Q4 2025 revenue | $137.0M (up 75% YoY) |
| FY 2025 adjusted EBITDA | $53.2M (record) |
| 2026 revenue guidance | $500–520M (~13% growth at midpoint) |
| 2026 adjusted EBITDA guidance | $61–66M (~19% growth at midpoint) |
| Key platform | SkyEdge 4 |
What Gilat Does
Gilat is a vertically integrated satellite networking company. The business spans three segments: commercial satellite connectivity (including in-flight connectivity and enterprise broadband), defense satellite communications, and a long-standing Peru national broadband deployment. The company designs the ground-segment infrastructure — the VSAT hubs, terminals, modems, and network management software that sit between satellite operators and end users.
The core product platform is SkyEdge 4, a multi-orbit, multi-band satellite communications platform that supports GEO, MEO, and LEO satellite architectures. SkyEdge 4 is the commercial architecture that has driven Gilat's recent order momentum, including a milestone partnership with Boeing for multi-orbit connectivity solutions.
Adi Sfadia and the Leadership Team
Adi Sfadia serves as CEO. Sfadia rose through Gilat's finance function — he previously served as CFO — before taking the top operating role. Under Sfadia's leadership, Gilat has executed the transition from a primarily commercial VSAT company to a diversified platform spanning defense, in-flight connectivity, and multi-orbit architectures.
The Defense Division
Defense has become Gilat's fastest-growing segment. The division provides satellite communication systems to military and government customers in multiple countries. In Q4 2025, Gilat expanded its defense customer base and opened a new segment with an Earth Observation solution for defense customers. The defense division's growth trajectory reflects the broader shift in military communications toward software-defined, multi-orbit satellite networks — exactly the architecture SkyEdge 4 was designed to support.
Gilat's M&A strategy is explicitly focused on defense-sector acquisitions to accelerate growth in this segment.
The Commercial Segment
The commercial business is driven primarily by in-flight connectivity — the satellite-based internet service that airlines offer to passengers. Gilat's IFC business has expanded through major orders for SkyEdge 4 platforms from airline connectivity providers. The segment also includes enterprise VSAT deployments and rural broadband connectivity projects.
Q1 2026 commercial revenue reached $72.8 million. Gilat's management has highlighted strengthening strategic commercial relationships in India as a growth vector for the segment.
The Peru Broadband Contract
Gilat holds a long-standing national broadband deployment contract in Peru, providing satellite-based internet connectivity to rural and underserved regions. Q1 2026 Peru segment revenue was $12.3 million. The Peru operation is both a revenue contributor and a reference deployment for similar government-funded rural connectivity programs in Latin America and other developing markets.
Financial Trajectory
Gilat's financial acceleration has been substantial. FY 2025 revenue of $451.7 million represented 48% growth over the prior year. Q4 2025 alone delivered $137 million in revenue — up 75% year over year — with adjusted EBITDA of $18.2 million, a 50% increase. The company posted GAAP operating income of $23.4 million for the full year and a record adjusted EBITDA of $53.2 million.
Q1 2026 continued the trajectory: revenue of $110.5 million (up 20%), GAAP net income of $5.2 million versus a prior-year net loss of $6.0 million, and adjusted EBITDA roughly doubling to $15.1 million. Management reaffirmed 2026 guidance for $500–520 million in revenue and $61–66 million in adjusted EBITDA — double-digit growth at both midpoints.
Where Gilat Sits in the Israeli Tech Cohort
Gilat is one of the longest-tenured Israeli technology companies — founded in 1987, dual-listed since the 1990s, and operating continuously through multiple cycles of satellite industry evolution. The company sits alongside other long-running Israeli infrastructure-tech positions like AudioCodes (voice networking) and CEVA (semiconductor IP) — companies that have operated publicly for decades without the venture-scale growth narratives of newer Israeli tech cohorts.
In the satellite-communications category specifically, Gilat competes globally with Hughes Network Systems (EchoStar), Viasat, ST Engineering iDirect, and Comtech Telecommunications. Its Israeli positioning gives it particular strength in defense procurement relationships where Israeli-US defense cooperation creates procurement pathways.
Why Gilat Matters
Three structural reasons. First, the defense expansion — satellite communications are becoming mission-critical military infrastructure, and Gilat's multi-orbit platform positions it for the next generation of defense connectivity requirements. Second, the multi-orbit transition — as the satellite industry shifts from GEO-only to hybrid GEO/MEO/LEO architectures, Gilat's SkyEdge 4 platform is one of the few ground-segment solutions designed natively for multi-orbit operation. Third, the Boeing partnership and in-flight connectivity momentum — airline passenger connectivity is a secular growth market, and Gilat holds anchor supplier relationships in the ground-segment layer.
The financial trajectory confirms the thesis: a company that operated for years as a slow-growth infrastructure business is now accelerating toward half a billion dollars in annual revenue with improving profitability.
FAQ
What does Gilat Satellite Networks do?
Gilat designs, manufactures, and markets satellite-based broadband communication systems. The company provides ground-segment infrastructure including VSAT hubs, terminals, and network management platforms for commercial, defense, and government broadband customers worldwide.
Where is Gilat Satellite Networks headquartered?
Petah Tikva, Israel.
Who is the CEO of Gilat?
Adi Sfadia, who previously served as CFO before becoming CEO.
What is SkyEdge 4?
SkyEdge 4 is Gilat's flagship multi-orbit, multi-band satellite communications platform, designed to support GEO, MEO, and LEO satellite architectures in a single ground-segment solution.
What was Gilat's 2025 revenue?
$451.7 million, up 48% from the prior year. The company delivered record adjusted EBITDA of $53.2 million.
What is Gilat's 2026 revenue guidance?
$500–520 million in revenue and $61–66 million in adjusted EBITDA, representing approximately 13% and 19% growth at the midpoints respectively.
Is Gilat a defense contractor?
Gilat's defense division provides satellite communication systems to military and government customers in multiple countries and is the company's fastest-growing segment. The company is actively pursuing defense-sector M&A.
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The Olam Editorial Team