Gilat Satellite Networks LTD balance sheet

At the end of fiscal 2025, Gilat Satellite Networks LTD had total assets of $746m and shareholders' equity of $500m. It held $169m in cash against $2.0m of debt: net cash of $167m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Gilat Satellite Networks LTD: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	123	57	67	67	58	28	18	40	53	67	75	89	82	87	104	119	169
Receivables	—	52	52	53	56	58	51	89	50	47	48	28	39	51	45	50	86
Inventory	—	30	32	23	27	25	25	21	29	21	27	31	28	33	39	39	45
Total current assets	—	167	174	218	174	167	220	239	244	246	223	239	199	215	241	256	391
Goodwill	—	106	88	64	64	64	43	43	43	43	43	43	43	43	55	52	170
Total assets	—	455	447	415	369	365	371	383	392	395	392	412	368	385	427	430	746
Accounts payable	—	18	25	22	21	23	17	30	34	25	21	20	20	21	14	17	32
Deferred revenue (current)	—	—	12	13	6	4	5	—	6	9	—	—	—	—	—	—	—
Total current liabilities	—	88	111	110	97	100	160	147	152	140	121	149	109	126	127	101	215
Short-term debt	—	2	19	8	5	5	5	5	4	4	4	4	0	—	—	0	2
Long-term debt	—	14	45	49	36	31	26	22	17	13	8	4	—	0	2	2	0
Total debt	0	19	48	52	36	47	33	22	17	13	8	4	0	0	9	2	2
Shareholders' equity	232	264	260	242	226	225	178	210	218	255	270	250	248	244	275	304	500
Net debt (negative = net cash)	−123	−39	−19	−15	−23	19	15	−19	−36	−55	−67	−85	−82	−87	−95	−117	−167
Shares outstanding	—	41m	41m	42m	42m	43m	44m	55m	55m	55m	55m	56m	57m	57m	57m	57m	74m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Gilat Satellite Networks LTD's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Gilat Satellite Networks LTD.