Business
Continued Strong Growth at Gilat Telecom: Net profit surged by over 250% to approximately $6.35 million
Gilat Telecom Global Ltd. (TASE: GLTL) reports its 2025 results, highlighting continued strong growth with a consistent and sharp improvement across all financial, operational, and business metrics. This is alongside strengthening growth engines, building a meaningful brand in the telecommunications market, implementing precise structural changes, maintaining a solid backlog for the coming years, and reinforcing a particularly strong financial base.
About this update from Gilat Telecom Global Ltd
[{"type":"text","content":"Revenues grew significantly to approximately $75.8 million","length":58,"tagName":"p"},{"type":"text","content":"Free cash flow increased to $7.8 million and backlog exceeds $52 million","length":72,"tagName":"p"},{"type":"text","content":"The Company is establishing a significant competitive advantage in the telecommunications market and enters 2026 from a position of strength – combining growth, profitability, and competitive positioning, Gilat Telecom is entering a new phase of development","length":257,"tagName":"p"},{"type":"text","content":"PETAH TIKVA, Israel, March 26, 2026 /PRNewswire/ -- Gilat Telecom Global Ltd. (TASE: GLTL) reports its 2025 results, highlighting continued strong growth with a consistent and sharp improvement across all financial, operational, and business metrics. This is alongside strengthening growth engines, building a meaningful brand in the telecommunications market, implementing precise structural changes, maintaining a solid backlog for the coming years, and reinforcing a particularly strong financial base.","length":505,"tagName":"p"},{"type":"text","content":"In 2025, the Company delivered a significant increase across all key profitability metrics. Net profit totaled approximately $6.35 million, compared to $1.79 million in 2024 – an increase of over 250%.","length":201,"tagName":"p"},{"type":"text","content":"Excluding non-economic accounting effects, primarily the revaluation of shekel-denominated options and conversion components of convertible debentures recorded as liabilities in the financial statements, Non-GAAP net profit amounted to approximately $8 million. This figure more accurately reflects the Company's underlying economic profitability. The Company emphasizes that these components do not represent an actual economic loss, as they do not entail any cash obligation.","length":481,"tagName":"p"},{"type":"text","content":"At the same time, the Company recorded a dramatic improvement in cash generation capabilities. Cash flow from operating activities totaled approximately $20.5 million, compared to $10.6 million in 2024. Free cash flow reached approximately $7.8 million in 2025, compared to negative free cash flow in 2024. Excluding prepaid expenses, free cash flow amounted to approximately $10.7 million. These results highlight the quality of the Company's performance, t...