Gilat Q3 2026 non-GAAP net income rises 21% year over year to $14.29 million
GILT•Gilat’s Q3 2026 non-GAAP net income rose 21% year over year to $14.29 million. GAAP net income increased 7% to $8.67 million, while revenue fell to $116.2 million.
1. Quarterly results and outlook
Gilat Satellite Networks’ Q3 2026 GAAP net income rose 7% year over year to $8.67 million, while revenue fell to $116.2 million. The Comtech acquisition is expected to close by year-end and more than double defense revenues in 2027. Satellite development and launch delays pushed back expected network equipment orders, and later-than-anticipated Peru agreements shifted some expected revenue into 2027.
