Gilat Satellite Networks LTD income statement
In fiscal 2025, Gilat Satellite Networks LTD reported revenue of $452m, up 47.9% on the year before, operating income of $23.4m (a 5.2% margin) and net income of $20.7m, or $0.34 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 228 | 233 | 245 | 272 | 235 | 235 | 198 | 280 | 283 | 266 | 257 | 166 | 215 | 240 | 266 | 305 | 452 |
| Cost of revenue | 158 | −153 | 142 | 174 | 155 | 151 | 143 | 204 | 200 | 172 | 161 | 125 | 144 | 153 | 161 | 192 | 318 |
| Gross profit | 70 | 80 | 103 | 98 | 80 | 84 | 44 | 75 | 82 | 94 | 96 | 41 | 71 | 87 | 105 | 113 | 133 |
| Research and development | 14 | 19 | 32 | 29 | 28 | 25 | 22 | 25 | 28 | 33 | 30 | 26 | 31 | 36 | 41 | 38 | 47 |
| Selling and marketing | 29 | 33 | 35 | 35 | 32 | 33 | 25 | 23 | 24 | 23 | 21 | 17 | 22 | 22 | 25 | 27 | 35 |
| General and administrative | 28 | 30 | 25 | 24 | 23 | 21 | 19 | 26 | 20 | 17 | 19 | 14 | 16 | 18 | 19 | 27 | 31 |
| Operating income | −1 | −6 | −7 | −22 | −4 | 5 | −44 | 1 | 11 | 21 | 26 | 38 | 2 | 10 | 28 | 28 | 23 |
| Interest expense | — | 2 | 5 | 4 | 7 | 6 | 8 | 6 | 5 | 5 | 4 | 3 | −3 | −4 | −4 | −3 | −8 |
| Income before tax | 3 | 31 | −2 | −23 | −10 | 1 | −51 | −4 | 7 | 17 | 23 | 36 | 0 | 7 | 28 | 29 | 19 |
| Income tax | 1 | 0 | −0 | −2 | −1 | 2 | 1 | 1 | −0 | −1 | −14 | 1 | 3 | 13 | 5 | 4 | −2 |
| Net income | 2 | 31 | −6 | −23 | −18 | −1 | −52 | −5 | 7 | 18 | 37 | 35 | −3 | −6 | 24 | 25 | 21 |
| Diluted EPS | $0.04 | $0.73 | −$0.14 | −$0.56 | −$0.43 | −$0.04 | −$1.16 | −$0.10 | $0.12 | $0.33 | $0.66 | $0.63 | −$0.05 | −$0.10 | $0.41 | $0.44 | $0.34 |
| Diluted shares (average) | 41m | 42m | 41m | 41m | 42m | 42m | 45m | 52m | 55m | 56m | 56m | 56m | 56m | 57m | 57m | 57m | 60m |
| EBITDA | 14 | 9 | 12 | −3 | 13 | 21 | −29 | 14 | 24 | 34 | 37 | 48 | 13 | 22 | 41 | 41 | 47 |
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