--- title: "Gilat Satellite Swings To Profit In Q1, Reiterates FY26 Guidance; Stock Down" type: "News" locale: "en" url: "https://longbridge.com/en/news/286274290.md" description: "Gilat Satellite Networks Ltd. reported a first quarter profit of $5.23 million, compared to a loss of $6 million a year earlier, with revenues rising to $110.47 million. Despite the positive earnings, shares fell 22.16% to $15.41. The company reiterated its FY26 guidance, projecting revenues between $500 to $520 million and Adjusted EBITDA of $61 to $66 million." datetime: "2026-05-13T13:54:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286274290.md) - [en](https://longbridge.com/en/news/286274290.md) - [zh-HK](https://longbridge.com/zh-HK/news/286274290.md) --- # Gilat Satellite Swings To Profit In Q1, Reiterates FY26 Guidance; Stock Down Add as your preferred news source on Google Add Now Gilat Satellite Networks Ltd. (GILT, GILT.F), a provider of satellite-based broadband communications, on Wednesday reported a first quarter profit versus a loss a year earlier as revenues increased. On the Nasdaq, shares of Gilat Satellite currently trading 22.16 percent lower at $15.41 Quarterly profit was $5.23 million or $0.07 per share compared to a loss of $6.00 million or $0.11 per share last year. Adjusted EBITDA was $15.09 million versus $7.63 million, in the previous year. Revenues increased to $110.47 million from $92.04 million a year earlier. Looking ahead to the full year 2026, the company reiterated guidance by projecting revenue between $500 to $520 million and Adjusted EBITDA between $61 to $66 million. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. For comments and feedback contact: editorial@rttnews.com Business News ### Related Stocks - [GILT.US](https://longbridge.com/en/quote/GILT.US.md) ## Related News & Research - [Gilat Satellite Networks Ltd. $GILT Stock Holdings Lessened by Yelin Lapidot Holdings Management Ltd.](https://longbridge.com/en/news/286555663.md) - [Defense Department Services Provider Gilat Bags Big Military Contracts, Expands India Footprint](https://longbridge.com/en/news/286302580.md) - [Gilat to Present at Upcoming Investor Conferences | GILT Stock News](https://longbridge.com/en/news/285536907.md) - [Are Wall Street Analysts Bullish on Akamai Technologies Stock?](https://longbridge.com/en/news/286949319.md) - [Boeing and Gilat Achieve Key In-Cabin Offerability Milestone for Sidewinder Line-fit Multi‑Orbit Solution | GILT Stock News](https://longbridge.com/en/news/286901020.md)